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Title: Innovatiave currencies with potential Post by: mxa on March 17, 2015, 04:08:44 AM Hello.
With the thousands of existing cryptocurrencies, it's hard to tell which ones are worth taking a look into. The so called market capitalization isn't a perfect indicator. It shows Bitcoin as the king, as it should, several cryptocurrencies in stages of being made obsolete, some premined scams (Darkcoin) and some which are just clones with marketing (Dogecoin, Paycoin) rank high as well. In another thread (https://bitcointalk.org/index.php?topic=990048.0) I asked about which cryptocurrencies have been innovative. Now I'm asking you about which ones (and why, in the case of the last point):
To start the thread, here are some cryptocurrencies that I think meet these characteristics: Peercoin was one of the first innovative coins. It was the one to introduce PoS, therefore, it has the advantage that it's the PoS cryptocurrency that has been in existence for the longest time. The reference client seems to be in maintenance mode, but a fork (Peerunity) is more actively developed and is recommended by the official page. I like how it has a non-hardcoded scale-dependent supply (but it may be too slot to react to change). What I don't like about PPC is that the aforesaid slowness to react to money supply size change, and that it relies on the gradual PoW difficulty increase in order to phase it out in favor of PoS. It may well disappear before phasing out PoW. I think that Nu (NuBits, NuShares) has potential, it was the first cryptocurrency system to feature a currency kept at parity with a fiat currency. Nu uses Peercoin. BitShares looks promising too. I see that apart from its main currency, it features several currencies kept at parity with fiat currencies, gold, silver, and Bitcoin (using a different method than Nu) and allows users to emit their own assets, features a distributed exchange/market. Has BitShares been premined?. Share your thoughts. Please don't suggest clones (cryptocurrencies that bring no technical advantages over previously existing ones). Thanks in advance. Title: Re: Innovatiave currencies with potential Post by: CreationLayer on March 17, 2015, 04:47:28 AM NXT because it is a completely new code base. Improvements are faster transactions, name based accounts, in wallet asset exchange, in wallet marketplace, supernet integration, healthy community.
As much as we have seen innovations, most are entirely based upon the Bitcoin code base, or close derivatives, while I do not mean to denounce all altcoins here, there are others. FWIW I'm not a NXT hodler, but I have used the software, it's fast, easy and the integration of marketplace and other community building features makes it more than just a coin. Also excited about the developments of Supernet. Title: Re: Innovatiave currencies with potential Post by: StanLarimer on March 17, 2015, 03:19:51 PM BitShares has had strongly collateralized stabilized assets since last August. It is also a completely new code base. It is a profitable self-funding decentralized autonomous company that implements a decentralized exchange. Improvements are 10-second transactions, name based accounts, in wallet asset exchange, and healthy community at bitsharestalk.org. Its biggest competitive advantage, other that great technology and people, is that (like most start-up companies in Silicon Valley) it is able to pay its employees with equity. It can gradually issue its new shares to developers and marketers for doing useful work rather than issuing those new coins to pay miners just to burn electricity as most first-generation POW coins do. Proof of Useful Work, you might say. :)
BitShares is not pre-mined. It was mined into existence - half via traditional bitcoin-style mining and half via an innovative form of virtual mining. This is all described in a series of articles entitled The Origin of BitShares: Part 1 - It Began with ProtoShares (https://bitsharestalk.org/index.php?topic=14019.msg182300#msg182300) Part 2 - The Death of Mining (https://bitsharestalk.org/index.php?topic=14019.msg182301#msg182301) Part 3 - The Ideal Mining Pool (https://bitsharestalk.org/index.php?topic=14019.msg182302#msg182302) Part 4 - AngelShares and Virtual Mining (https://bitsharestalk.org/index.php?topic=14019.msg182303#msg182303) Part 5 - POW to POS to TaPOS to DPOS! (https://bitsharestalk.org/index.php?topic=14019.msg182304#msg182304) Part 6 - Sharedrops and Snapshots (https://bitsharestalk.org/index.php?topic=14019.msg182305#msg182305) Part 7 - BitShares Sharedrop Theory (https://bitsharestalk.org/index.php?topic=14019.msg182306#msg182306) Part 8 - Experimenting and Pivoting (https://bitsharestalk.org/index.php?topic=14019.msg182307#msg182307) Part 9 - What is a SuperDAC? (https://bitsharestalk.org/index.php?topic=14019.msg182308#msg182308) Part 10 - BitShares Unleashed (https://bitsharestalk.org/index.php?topic=14019.msg182310#msg182310) Then check out what BitShares has become now - an entire ecosystem has grown up around it with entrepreneurs basing their own businesses on it. These businesses put together a monthly newsletter called the NullStreet Journal to report on their activities and progress. March Newsletter (https://bitshares.org/newsletter/2015/nullstreet/the_nullstreet_journal_0-2.pdf?utm_source=BitShares+Supporters&utm_campaign=a9b7554fa0-Community_Newsletter_Volume_0_2__3-13-2015&utm_medium=email&utm_term=0_a18e5c0fa1-a9b7554fa0-146707801&mc_cid=a9b7554fa0&mc_eid=489624927d). Title: Re: Innovatiave currencies with potential Post by: tokeweed on March 17, 2015, 03:59:17 PM People are dumping BTS though... http://www.cryptocoincharts.info/pair/bts/btc/btc38/6-months
It's better to stay in the sidelines and wait for it to bottom out. Title: Re: Innovatiave currencies with potential Post by: Netnox on March 17, 2015, 04:21:20 PM Innovation is not always enough, what matters more is if you can implement it in such a way that is simple/interesting enough for the wider public and serves as a solid service. GetGems seems like it has managed to combine these two, innovation/simplicity. Besides Bitcoin its the second Crypto service i just want to use without just caring about the price and the fact that it also supports bitcoin is great.
Title: Re: Innovatiave currencies with potential Post by: Pheonike on March 17, 2015, 05:30:55 PM I think that Nu (NuBits, NuShares) has potential, it was the first cryptocurrency system to feature a currency kept at parity with a fiat currency. Nu uses Peercoin. You have this backwards, Bitshares was around long before NuBits. Bitshares was started in late 2013. Title: Re: Innovatiave currencies with potential Post by: fundomatic on March 17, 2015, 06:12:25 PM This post is about BitShares:
Quote
decentralized exchange - http://bitshares.org/ with market tools http://www.amazon.com/BitShares-101-Generation-Currencies-Decentralized-ebook/dp/B00QUIWHR0 - 99cents Platform for Decentralized Autonomous Companies (as in https://letstalkbitcoin.com/bitcoin-and-the-three-laws-of-robotics/): http://playshare.io/ http://www.bitsharesmusicfoundation.org/ Market pegged assets BitUSD, BitCNY, BitEUR, BitGOLD, BitSILVER - pegged by the Delegate feeds http://wiki.bitshares.org/index.php/BitShares/bitAssets Quote
Quote
Also, a delegate (of DPOS) voted by the stake holders into the top 101, can withhold 100% of his/her rewards and finance their efforts in developing and maintaining the project. As the BitShares market cap grows, the BitShares blockchain could compete for top talents in the industry. Quote
habits or adjust for value fluctuation. Title: Re: Innovatiave currencies with potential Post by: testz on March 17, 2015, 06:13:14 PM I think that Nu (NuBits, NuShares) has potential, it was the first cryptocurrency system to feature a currency kept at parity with a fiat currency. Nu uses Peercoin. You have this backwards, Bitshares was around long before NuBits. Bitshares was started in late 2013. To be precise: Official BitShares blockchain was launched at 19 July 2014: https://bitsharestalk.org/index.php?topic=5750.0 Market pegged assets was enabled at BitShares blockchain at October 2014. ProtoShares (PTS) was launched at 5 November 2013: https://bitcointalk.org/index.php?topic=325261.0 Title: Re: Innovatiave currencies with potential Post by: Trouble821 on March 17, 2015, 06:44:04 PM Qora is new technology (not a clone). Now it's fully open sourced you can see it has completely different forging and addressing systems to NXT.
https://bitcointalk.org/index.php?topic=881230.0 Title: Re: Innovatiave currencies with potential Post by: mxa on March 17, 2015, 10:04:35 PM Qora is new technology (not a clone). Now it's fully open sourced you can see it has completely different forging and addressing systems to NXT. https://bitcointalk.org/index.php?topic=881230.0 It evidently fails to meet one of the points that I mentioned: Quote Qora relied on an IPO for initial distribution of the supply. The total amount of Qora in existence is 10'000'000'000 (10 Billion). .Title: Re: Innovatiave currencies with potential Post by: hodlmybtc on March 17, 2015, 10:25:16 PM Monero
Title: Re: Innovatiave currencies with potential Post by: jason miner on March 18, 2015, 12:00:30 AM Community must decide what is better choice .we need more voices here
Title: Re: Innovatiave currencies with potential Post by: bronepoezd on March 21, 2015, 11:04:49 PM extreemly interesting topic
subscribed Title: Re: Innovatiave currencies with potential Post by: networthsigns on March 21, 2015, 11:16:04 PM One of the coins i am following because of the amazing potential it has to be a coin to spend in a decentralized market place is Bitbay is had kind of a rough start but nothing good has a start with no bumps and forks in the road the dev has knuckled down has created decentralized markets soon to be released and has road map of pegging the coin similar to Nubits and just find it super exciting like the ebay of crypto without the massive fee's and working smartcontracts what else is potential if not that...
Title: Re: Innovatiave currencies with potential Post by: bhokor on March 21, 2015, 11:46:41 PM darknotes is a low profile innovative coin too, Nodecoin is nice but is premined
Title: Re: Innovatiave currencies with potential Post by: 25hashcoin on March 22, 2015, 03:20:27 AM Monero
Title: Re: Innovatiave currencies with potential Post by: Crestington on March 22, 2015, 06:48:45 AM You should check out PayCon - Get your Con on!
I think it fits your criteria. https://bitcointalk.org/index.php?topic=937480.0 Title: Re: Innovatiave currencies with potential Post by: Agestorzrxx on March 22, 2015, 10:57:10 AM You have to study it by yourself, you can't just believe what people says.
Everyone would claim their coin is the most innovation and have the most potential. ;D ;D ;D Title: Re: Innovatiave currencies with potential Post by: Momimaus on March 22, 2015, 05:18:27 PM haha again one of this threads. Please name you favorite shitcoin you are a bagholder of. Spot on. Title: Re: Innovatiave currencies with potential Post by: Crestington on March 23, 2015, 03:55:52 AM haha again one of this threads. Please name you favorite shitcoin you are a bagholder of. Spot on. Says the guy with a big SuperNet banner in his sig :P Should just rename the Thread title "Innovatiave Currencies with Potential - The BagHolder Guarantee" Title: Re: Innovatiave currencies with potential Post by: EMIF on March 23, 2015, 11:50:35 AM One of innovative coins is NODE. It supports instant txes and its block are produced only there are som transactions. And its mining/forging algorithm depends on Proof of Activity.
However, there is no enough information how these technologies work. It seems a little block box yet. Title: Re: Innovatiave currencies with potential Post by: dadon on March 23, 2015, 03:22:08 PM http://motherboard.vice.com/read/the-race-for-the-first-decentralised-silk-road-is-on
Title: Re: Innovatiave currencies with potential Post by: david1365 on March 26, 2015, 12:22:11 PM Why Navajocoin?
Because of this: http://247cryptonews.com/navajo-cryptocurrency-decentralized-anonymity-through-double-encryption/ Please read carefully, we are the best anon coin, even better than the DRK (DASH). https://bitcointalk.org/index.php?topic=1001451.0 Title: Re: Innovatiave currencies with potential Post by: racer2012 on March 26, 2015, 01:31:10 PM Why Navajocoin? Because of this: http://247cryptonews.com/navajo-cryptocurrency-decentralized-anonymity-through-double-encryption/ Please read carefully, we are the best anon coin, even better than the DRK (DASH). https://bitcointalk.org/index.php?topic=1001451.0 All I can say is this is the coin everyone should have It, better than drk Get it while it's still low Best coin in 2015 rising Title: Re: Innovatiave currencies with potential Post by: Ginger Ninja on March 26, 2015, 04:59:18 PM Another Navajo fan here.
Highly undervalued at present for full fat true anon. Coin has been around over a year as have devs and mobile wallet is imminent. Title: Re: Innovatiave currencies with potential Post by: bram_vnl on March 26, 2015, 11:40:36 PM https://s3-eu-west-1.amazonaws.com/guldencoin.com/images/coinblue256x256.png
https://guldencoin.com https://guldencoin.com/download andriod wallet ios apple wallet mac wallet windows wallet linux wallet windows phone wallet is coming https://forum.guldencoin.com guldencoin forum https://bitcointalk.org/index.php?topic=554412.0 bicointalk forum https://nocks.nl pay every bitcoin vacancy with guldencoin http://www.guldencoinweb.nl last guldencoin news (dutch) http://www.paysafegulden.com buy guldencoin with paysafecard http://www.guldenbuy.nl buy guldencoin with ideal and mr Cash http://www.guldencoinqrcode.nl guldencoin qr-code http://walletgenerator.net/?currency=guldencoin paper walletgenerator http://www.reddit.com/r/GuldenCoin guldencoin reddit https://timeline.guldencoin.com guldencoin timeline Merchants 82 Merchants accept guldencoin http://www.guldencoinlinks.nl/betalen-met-guldencoin-3 https://guldencoin.com/nl/pay-here http://www.betalenmetguldencoin.nl http://www.guldencoinlinks.nl all guldencoin links on 1 website Buy and sell guldencoin https://bittrex.com/Market/Index?MarketName=BTC-NLG https://bleutrade.com/exchange/NLG/BTC https://comkort.com/trade/nlg_btc https://www.litebit.eu/coin/nlg/nl Distribution https://distribution.guldencoin.com/# Premine distribution https://distribution.guldencoin.com/#/stats Distribution stats https://distribution.guldencoin.com/#/dev-premine Dev premine http://nlgstats.iblogger.org Guldencoin stats Pay with guldencoin @ The prins in Amsterdam https://www.youtube.com/watch?v=MQz0rIL8TB8 http://s21.postimg.org/nc1wodox3/9090.jpg (https://www.youtube.com/watch?v=MQz0rIL8TB8) Guldencoin on Russia today https://www.youtube.com/watch?v=ZM6Sjagbw1A http://s10.postimg.org/4lgkf49nd/444.jpg (https://www.youtube.com/watch?v=ZM6Sjagbw1A) Pay with guldencoin @ 3 subways in the netherlands this is 1 of the subways https://www.youtube.com/watch?v=B62PHLf5foU http://s12.postimg.org/wkhzh308d/subway.jpg (https://www.youtube.com/watch?v=B62PHLf5foU) Buy real guldencoin currency Only pay with guldencoin http://Physical.Criptoe.com http://s3.postimg.org/xzeqkzoqr/d1_EBJUX.jpg (http://Physical.Criptoe.com) Title: Re: Innovatiave currencies with potential Post by: mxa on March 27, 2015, 11:23:15 PM I can't find any information on “node”, can you provide a link?.
I will have to research Navajo more in depth to make an informed opinion about it. How is “Gulden” innovative?. It doesn't seem innovative in the least, only more pollution to the scenario of cryptocurrencies already chock-full of coins that add absolutely nothing. Please correct me if I'm wrong. (No, writing software from scratch that does the same that existing software is not innovation, it is called reinventing the wheel). Title: Re: Innovatiave currencies with potential Post by: 25hashcoin on March 17, 2016, 04:11:51 AM Monero is the obvious one.
Title: Re: Innovatiave currencies with potential Post by: yogibaer on March 17, 2016, 02:20:32 PM CloakCoin
Cloak introduces trustless anonymous transactions. The new wallet will be published soon. https://bitcointalk.org/index.php?topic=823143.msg14198183#msg14198183 CloakCoin has an active community and a strong development team. For more info you may also visit: https://bitcointalk.org/index.php?topic=823143.0 http://www.cloakcoin.com http://forum.cloakcoin.com |
