The only relatively stable coin I know is USDT, is there any reason for calling the listed coins stable?
Show us the money USDT ?!Please take a look LOL https://medium.com/cp-processor/do-you-still-believe-in-tether-db981d48ac96Can we have the full decentralization that a cryptographic payment network offers, but at the same time have a higher level of price stability, without such extreme upward and downward swings? YES, we can and we will! |
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For me Crypocurrencies and stability doesn't go together.
For us Cryptocurrencies and investments doesn't go together.Bitcoin wasn’t invented for investors, it was invented for the utility of digital money! Ethereum wasn’t invented for investors, it was invented for the utility of the decentralized application platform! |
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what are you talking about? there is not even a single vote on that poll, how can it have any results?!!!
in any case why do you even think a centralized stablecoin can be the future of payments? people don't come to cryptocurrencies to have a stable price. they come to them to benefit from the decentralization and then if there were stability, it would be icing on the cake.
all the coins you named here are centralized. some of them are less centralized i'll give you that but they are still centralized. the articles you posted above are more like the "ideal" coins that we wish to have not the coins that exist.
not to mention that they are not even stable!!! for instance HAV is currently worth $0.54 not the promised $1
The screenshot of the poll was taken at the moment it was posted on Twitter. You can visit it now, and see how many votes there is... https://twitter.com/CP_Processor/status/994902629665910784Also, the question is - which of these stablecoins will most likely be the FUTURE OF CRYPTO PAYMENTS Some of these coins exist right now, and some will soon be released. They should be ideal, but as you mentioned, some already failed to do that, for example HAV. But, you cannot deny that building stablecoins is necessary if we want to utilize cryptocurrency for payments. |
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WHICH STABLECOIN WILL MOST LIKELY BE USED IN THE FUTURE OF CRYPTO PAYMENTS?
For those of you who still don’t know, “Stablecoins,” as they are called by the greater blockchain community, are digital tokens (much like Bitcoin and Litecoin) that are intended to provide measurable stability and security.
These coins are “designed to be used as a unit of account and even as a store of value.”
The outstanding problem, however, is that no team has been able to develop a universally accepted stablecoin that does not compromise features of security or decentralization.
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WHICH STABLECOIN WILL MOST LIKELY BE USED IN THE FUTURE OF CRYPTO PAYMENTS?
Our recent poll showed that majority of you believes that the future of crypto payments lies in stablecoins.
But which one will be the “winner”? Which one do you trust the most?
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bitcoin is the most trustworthy and awesome. most of their people look for bitcoin because it is most trustworthy and favorite to people. people are connectebitcoin is the most trustworthy and awesome. most of their people look for bitcoin because it is most trustworthy and favorite to people. people are connected emotionally with it    One of the main problems with Bitcoin for ordinary users is that, while the network may be a great way of sending payments, with lower transaction costs, much more expansive global reach, and a very high level of censorship resistance, Bitcoin as the currency is a very volatile means of storing value. This volatility results from its built-in quantity commitment: because the number of Bitcoins in existence stays on a programmed path, variations in the real demand to hold Bitcoin must be accommodated entirely by variations in its unit value. When demand goes up, there is no quantity increase to dampen the rise in price; and vice-versa for a fall in demand. So, the currency has an established reputation for extreme volatility and Bitcoin holders can lose their wealth and quite often the price moves up or down by as much as 10–20% in a single day. |
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I prefer Havven more. It is a decentralized system. There are many advantages available in haven. So. I will choose Havven.
Yes, the most interesting thing about Havven project is that it will mint its stable tokens exclusively with the supply and collateral of its own token that builds value based on the transaction fees |
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The word "fair distribution" looks a little bit strange. Am not an english native speaker so i may mistaken getting some points in details.
Thanks for your detailed response
Hello, Here is some more info >>> First Token distribution of = 35.000.000 pcs. START at 2018.04.04. END at 2018.05.14. It is a 40 days long FAIR DISTRIBUTION for all participants. We use Duch Auction method for transparent token distribution. NO PRE-SALE, NO DISCOUNTS, NO BONUS, NO PRICE... At the end of the auction ALL 35.000.000 cPRO tokens will be distributed proportionally to ALL participants with ETH deposit.
SUM(ETH) = SUM(cPRO)35% First Token distribution Q2.2018 35% Second Token distribution Q2.2019 30% Open Consortium 2018 & 2019 SUM = 100.000.000 pcs So, in the First distribution we use Dutch Auction method for transparent token distribution. It is proportional distribution, all participants will get proportional amount of cPRO token to they imput of Ethereum.Please look this link https://www.investopedia.com/terms/d/dutchauction.aspAlso Raiden network have the same token distribution, take a look https://medium.com/@raiden_network/the-raiden-token-auction-explained-1cc0c7946b26But, if you looking the simple answer this is example >>>Say Alice sends 1 ETH to the auction very early, when the price is still 1 ETH/RDN. Bob is more patient and waits for the price to drop to 0.1 ETH/RDN and also sends 1ETH to the auction. Let’s assume that at some later point in time the auction ends with a price of 0.000001 ETH/RDN. Then both Alice and Bob will get 1,000,000 RDN tokens, because they sent the same amount (1 ETH) and get the same final price (0.000001 ETH/RDN) at the end of the auction. |
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DO YOU STILL BELIEVE IN TETHER?  5. WHAT THAT MEANS FOR THE MARKET? If there is a problem with Tether, it could have wider knock-on effects for the cryptocurrency market as a whole due to its central role in many exchanges. “The issue is that the volumes against Tether have been growing lately,” Greenspan said. “They’ve been above 10% of total volumes on bitcoin for a few weeks already. “If there aren’t sufficient reserves in US dollars, then the price of Tether should not then be pegged to the US dollar and it’ll just be decided by the market.” The fear is that a collapse in the price of Tether could also bring about a collapse in the price of bitcoin and other crypto assets that people have been trading with USDT.
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DO YOU STILL BELIEVE IN TETHER?
WHAT IS SUSPICIOUS ABOUT TETHER?4. MANIPULATION OF BTC PRICE  Controversy has swelled around Tether, whose chief executive officer Jan Ludovicus van der Velde is also the CEO of Bitfinex, after volatility and rumors of Bitcoin price manipulation surfaced late last year. One persistent online critic, going by the screen name Bitfinex’ed, has written several very detailed essays on Medium arguing that Bitfinex appears to be creating Tether coins out of thin air and then using them to buy Bitcoin and push the price up. More controversial claims have been found over social media in the past days, and one in particular stating that “130 Million USDT were just printed. https://www.omniexplorer.info/address/1NTMakcgVwQpMdGxRQnFKyb3G1FAJysSfz” was pretty alarming.
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DO YOU STILL BELIEVE IN TETHER?
WHAT IS SUSPICIOUS ABOUT TETHER?
3. NON-AUDITED  Prompted by a subpoena from US regulators in December 2017, Tether reacquired the services of Friedmann LLP to conduct an audit on it’s US dollar reserves. However, a month later, news broke that the Tether had parted ways with their auditors, meaning no audit results were ever disclosed. That caused alarm and woke up the critics. American accountant and auditor Abhishek Shah said that Bitfinex, the largest cryptocurrency exchange in the world, could well have the necessary reserves to back up Tether. Nevertheless, Shah believes pressure from the community is the only thing that will lead to a transparent audit: “The Crypto community should come together and demand a complete independent audit of Tether.”
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DO YOU STILL BELIEVE IN TETHER? WHAT IS SUSPICIOUS ABOUT TETHER?2. CEO Of Tether is the CEO of BITFINEX! Tether tokens are issued by Tether Limited, a company based in the British Virgin Islands according to the New York Times. Tether’s website says it is incorporated in Hong Kong, with offices in the US. The company has many of the same management team as Bitfinex, the Hong Kong-based cryptocurrency exchange that is one of the biggest in the world. Jan Ludovicus van der Velde is CEO of both Bitfinex and Tether, and Philip Potter is chief strategy officer for both businesses, for example. The most interesting thing is that the Bitfinex exchange, which, incidentally, controls the work of the company Tether Ltd, after the termination of cooperation with banks has incorporated and introduced the use of USDT, and managed to impose the dominance of USDT as the only stable coin for all other crypto exchanges.
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