Bitcoin Forum

Guys I have one idea running in my mind. There are hundreds of coins in the market and much more are waiting for hitting the market. Some of them are have much potentiality to dominate the market and stay, but many of them cannot compete and disappear or die young age.
So in such case facing the market, what about merger? If a good coin is ready to merge with another one, are not these problems resolved? And there will be a win-to-win situation?

I'm not very sure on what exactly will happen about this merging. But I have witnessed those coins that replaced their names, forks and other changes so I think not that much difference if there will be two good coins that decided to merge as one. I cannot say about the win-win situation but since most of the altcoins has similarity in terms of usage as a payment to any service and products, I can say that if this will ever happen then the number of altcoins in the market would reduce perfectly and this can be another trending thing with crypto.

Well most of this coins are just cloned from the old and good coins, and even if they make 2 coin to be only 1 is not ok and even is not possible, because is clear one coin will die and not used anymore, and also they can't succeed because they are just clones as i say.

Greed does not let it. If there was already a system, would there be so much crypto? Imagine, if the projects related to the same sector combine their power, it will be a much more robust market.

If they can successfully merge and increase their effectiveness then am sure they will be up to a great start but the issue will have to do with their administrative and also their blockchain and tech types forks can run but how well supported is it perceived is it by the public

Different people different technologies many other issues can arise from such mergers I think best idea is another team comes up with a better merger to join those coins with the creation of their own which still create rampant number of those coin Best idea is to go with what you have at hand

maybe the merger looks good, but the problem is whether good coins want to mess with other coins? or do you prefer to work independently?
because in reality, each project has its own way of thinking,
for example, BCH, which after the fork then becomes two parts, BCHABC and BCHSV, this indicates that each team in the project has its own individual features that should be together.

Merging coins dont make free new money. So scam coin artists are not interested in zero sum games.

I see this feasible with tokens but not coins running on different blockchain. But in this space where everyone wants to be a CEO and have access to all funds, it's going to be difficult to see such from crypto projects anytime soon.

Project merging is not possible because each of the project has different business plan with different token or coin, so it is not possible to merge them together as it can be obtained in other industries.

Is this like two business merging together? This can only be possible if the two coins merging has the same goal. Otherwise, I do not think it will work. And besides, a dead coin will not bounce back to life even if it merges with another coin. Most probably, that coin will be deleted and the good coin will be the one that will be put into the market.

This is not an original idea as there were proposal of merging dash with shadowcash back in 2014 but it soon died away as it was a really ambitious idea and for it to work many things were had to be made perfect, i personally think that it could work and it could at least bring attention to the coins and it would boost them up if made by the right people and the right coins, because all coins have their advantages and their disadvantages for example you can merge dash and bitcoin cash, dash for its scaling solution and bitcoin cash for its network effect, so merging those both would be great.

This idea sounds very good. However, we canot implement that because there is no "coin merger" possible in different blockchains.

Well, that depends, but most of them wouldn’t like to do that cause they are just interested in making their money and that’s it. And by the way not all of them you see are legit, some are just owned by scammers. Next thing you need to know is that each of them has different proposes and targets that they plan to tackle. So, you shouldn’t expect people with different purposes to come out and work together, when everyone is just interested achieving theirs first. This is just like saying that Google and Apple should merge, nah, that’s not going to happen.

The question is what will a merger do i mean how it will help a project or help it to survive and be successful i think every project is unique with their own concept, aims and teams so a merger perhaps is not an easy thing to do and the major conflict even if a merger happens will be the use of funds and resources.

it will never happen because every coin's motto is to be a stand alone coin succeeding in this market, there is no point "merging" with another coin and it won't change anything in my opinion.

the problem is not the quantity of the coins, the problem is with their quality. for example when you see 80% of the altcoins are simple copies of another coin (usually bitcoin) with little change, that means that 80% is already dead shitcoins. whether you merge them or do anything else is not going to change anything, they still remain useless.
in order for a coin to succeed it has to first have some innovative ideas that are actually solving something in the world and provide something people need. otherwise they die eventually.

I think sooner or later we will see similar mergers of coins. In my opinion, this will only be reflected in the  for the better.While I have not seen this even in the announcements but theoretically it can happen.

i think it will hard if the 2 team have a different vision and mission, like BCH hardfork few time ago.
and like NEO and GAS, i dont know if they have the same vision, good project always look which project want to join witth them.

The only way I can see this happen is if there is some kind of consensus and a resulting hard fork, but that would defeat the notion of immutability. It could be done, I suppose, but would be very controversial.

Of course this is not an easy thing to combine coins, each coin has a distinctive feature and each coin has its own characteristics, I also do not know whether if there is coin merging it will have a good impact in the future or not predictable, because before that it has never been done

Coin teams can abandon one, join the party with another and continue with the one project, that would mean the same thing, I guess?

Never see coin that merge before, because each coin have their own chain and maybe it will hard to merge it. Maybe if 2 corporation which merge and make new coin from it, it still can be possible to do.

The selfish factor would not allow this to be possible for many of them, as they would like to stand alone to gather all the profit instead of sharing, but this would not have been a bad idea, it will limit the number of coins we see on the market today without adding any meaning thing to the society.

The funny thing about them is that most of these coins that become shit later have similar concept which would have gone a long way of they had merged to execute such project, but the question is, who wants to approach who? Will some of their ago too create chance for such negotiation talk less of carrying it out, let just hope new projects will learn and do better.

Yeah, it will mean the same but will move the project forward and better, it would also limit or reduce the number of projects that we have in the market sharing the same ideas.

If the contract is properly signed, I don’t think any of them would try to abandon one another when the project peaks since it has legal implication, I guess it is only the crowd funding that has anonymity in it and not the project itself, they have to establish the project physically and before they can do so, it must have gone through a legal procedures. So I think it will be a very welcomed development if projects can merge.

You mean, both projects merge? Ah, I don't think even if there was a merger as the solution to help the investor to earn more profits. But, as you know that there are so many projects nowadays died, they just left it behind and create a new project instead.

Well in terms of network algorithms it might be complicated and causing issues with transactions, networks and people's wallets.
If we do ever get those merges (it might be possible) it will require some sort of advance technology for compatibility issues.

I think it wouldn't be possible since every coin has its own target goal. If they would have the same strategy and purpose, then merging would be easy but we could all notice that most coins these days are just cloning the old ones just to gain more investors again.  However, this idea is also helpful for some dying coins at some point.

I think it's an interesting idea, but as we know, each coin has a different purpose and function and also not to mention the ico and other token utilities, but it might be applied if the concept is similarly combined (maybe)

I think this can be done.  But how are you going to merge the codes of very different projects/blockchains?  It'll probably be easy to merge the users but challenging to merge transactions from different blockchains .  Unless you use some sort of sidechain to link them together. Or maybe it is  possible already to merge blockchains? What do I know.

There would have to be a technical reason and implementation  plan for two chains to merge. Otherwise  it's just a marketing ploy.

Once two coins merge together, then it has automatically become one project, so the question is which team will want to give up their project for another team to become a star, I don't think most team and coin owners will want that to happen, and besides most of the coins in the market that don't have large trading volumes is as a result of not having something good to deliver to the crypto community because one thing I know in this space is that good project can't be left hidden for a long while and people will still fall back to it one way or another.

You don't understand how the cryptos were working,even if you merge token the prices won't increase until the demand increases so it is not a good idea if they don't have potential they will not survive for too long.

Uh i'm not sure about that because it will takes a long time to do, i think it's called swap? I don't know, i think i never heard about this method coin merger. If both coins are trash, merger is kinda useless imo. People will still not buying the coins because it will have low price.

Your idea was for 2 coins to merge into 1 coin that overrides both coins. One coin implementation that comes close to your idea will be BTCP (Bitcoin Private) that combined both the Bitcoin and ZClassic chains to form a new coin. However, both the BTC and ZCL coins are still existing. So this comes close to your idea but is not exactly the same.

I don't think so, it's not as simple as you say, different platforms have different ideas, they cannot be combined just like that, approval also needed between the two different project teams

I think that many have come to such ideas. I do not think that merging is not possible. For all investors, you can simply release the exchange. Where everyone can exchange a coin. A merger can give a very serious growth. In fact, you increase the impact on the market.

This maybe a good idea for a coin to merge with multiple like-hearted coins. But the question always remains that whether good and promising coins are ready to merge with shitcoins. If the merger happens, the market will get rid of so much numbers of coins and save the coins that are about to disappear due to lack of competition and their failure to perform well. Merger between various projects is beneficial from financial point of view and it will also result in making projects strong from other perspectives as well.

I think the reason why its best for them to merge is because many of these people that wish to own a project runs out of idea, so they create a problem that does not exist and without solution as a project.

Instead of wasting time and energy to create a new one, the little good idea they have which we are very sure that one or two of the other projects have same, they can merge and solve the problem together as one, instead of having a split community, there will be more community to continue backing such project up and will cause the project value to rise to its pick.

You are talking nonsense. Merging is not possible here. This is not a friendship, this is a business. There may be absorption or destruction. And no other options.

I also believe that the merger of coins can not be in principle.  Because our people are very greedy.  And everyone wants to have their own coin.  Because now there are so many coins.

How do you imagine the merger? For what?
I see no point in this. It is stupid to do it, it is difficult to do it. And most importantly, I do not see the point.

The merger of coins is actually a merger of business, and this process is very complicated. It is necessary to take into account that the teams that are behind these coins, in most cases, will be located in different countries and in different legislation. However, this process is already happening in practice. I participated in several ICOs, which already during the fundraising process announced that they were merging with other teams and that they would later conduct a joint ICO.
So this idea is not new and is used in the cryptocurrency as needed.

Business ? When two big companies in real life making a Corporation..it is ok? So why not to make the same in crypto world. Especially when too many coins are young and so difficult to get listed on stock exchanges. Also several of projects are tecnically vulnerable for hackers. Crypto unions may produce something big and more usefull for independant financial community.

it is impossible, because every coin project also has a different vision and mission, the business that it runs is different. if it is forced to be merger, it means that the total supply will increase? it will affect the price of the two coins, the price will definitely decrease

I am not sure if what you are saying is possible, at least no one has ever tried it before so we don't know if it's going to work or not. The idea is not bad, just like a big company would help a smaller company that is almost bankrupt to get back on the track and then be one and the same company but still we are talking about cryptocurrencies here and don't know how that's going to work.

Currently, more and more examples of the separation of coins (fork). I think in connection with the merger, there can be great difficulties. How do you imagine for example the merger of DASH and MONERO? And why should they need it?
Another thing is when projects that are at the very start are merged. It is precisely from such a merger that there can be win - win.

Merger is a great thing wherein two or more companies megre into one entity to provide a better services to the public;  from this it opens new doors of opportunity which will leads you to success.  Just like what other people says "two heads are better than one". A partnership creates more money in future

A lot of these merged coins are complete scams.  like calling something ebitcoin and saying its bitcoin on an the ethereum network.  I'm not a buyer of forks and I wan't fall for any of this nonsense.

Yes of course. Everyone is talking about product upgrades. And in fact, they create another waste that is not needed. I have already seen such coins here on the forum. And they all turned out to be scam projects.