Do PayCoin and Rimbit add something new and useful or are just they clones with marketing and no technical advantage (Like Dogecoin)?.

Thanks.

Thanks you.

What kind of check‐pointing does Blackcoin uses (if any)?.

Hello.

What are the differences between Peercoin and BlackCoin?. I know that BlackCoin has a faster block time, and used a different distribution scheme. What else?.

Is there a paper than describes BlackCoin from the technical side?.

Is there a forum for BlackCoin (other than Reddit)?.

Thanks.

Thanks for your comment. Is there an exchange where I can trade Bitcoin options?.

What sites offer trading of bitcoin futures (futures where the underlying is related to bitcoin, settled in bitcoin), for instance like OKcoin? and what ones offer trading of bitcoin options?.

Thanks.

Ironically, yes, we are, and it is something older and less technologically advanced (If that is what you mean by “better”) than Peercoin: Bitcoin (the Model T of cryptocurrencies) is by far the most popular cryptocurrency and the topic of this forum.

Also, your analogy is flawed because network effects don't affect cars nearly as much as they affect currencies.

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).

Peercoin is the cryptocurrency that introduced proof of stake, that proved to be a successful idea. One may think that it would be the most successful proof of stake coin, because it has time to its advantage, but it tends to rank around 11 or 10 in market capitalization. Why?. What do you think of Peercoin? Why are you using or not using it?.

Share your thoughts.

Please elaborate. Is it a client-level fix or protocol-level?. If it doesn't changes anything fundamental (Like Bitcoin that AFAIK, introduced the blockchain and Peercoin that introduced PoS), then it's not an innovation, it's just normal software maintenance.


I found the marketing paper (It's not a whitepaper, and definitely not an academic paper) that claims to have solved the problem. There is a thread in this forum about it which explains how it fails to solve anything and instead serves to expose the incompetence of those developers.


It may be a first, but writing the first Java client for a mineable cryptocurrency is not an innovation, it doesn't introduces any new technology, it just makes use of existing ones in a obvious way (but I can't discard that it introduces an actual innovation that I'm not aware of).

Nonetheless, thanks for sharing the information.

Could you please share with me in which way it is innovative?. Thanks.

Thanks for the replies.


I see. Primecoin doesn't sees much development or activity. What are the differences between Riecoin and Gapcoin and why do you think that Riecoin is more innovative?, is it because it has a more sophisticated PoW function than Gapcoin?.

Thanks you for replying.

What innovations does Ethereum introduces (if any)?.

It would be great if you can mention more innovative cryptocurrencies (if there are more).


I don't see the innovation here, it seems like a quite ordinary clone.

Thanks for replying.

My opinion: Dogecoin is a joke. It brings no benefit to mankind that Bitcoin didn't already introduce, and we're better without it than with it (bigger network effect for Bitcoin). The fact that it has some limited success shows is clear evidence that society doesn't rewards those who benefit society, but those that have good marketing and appeal to the stupidity of the masses.

Apart from Bitcoin, which cryptocurrencies have a free as in freedom SPV client (like Electrum and MultiBit)?.

It evidently fails to meet one of the points that I mentioned:

.

Apart from Bitcoin, which cryptocurrencies are being accepted by significant organizations (not just insiders of that currency) in exchange for goods or services?.

I have seen that Litecoin is accepted in some non for profit organizations, and a few cryptocurrency-specifc auction sites. What others?.

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 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):

• Have a main implementation which is free as in freedom.
• Introduced new technologies, or combined existing technologies in a new useful, in other words, it's not just a clone.
• Have not been premined or IPOed.
• Are actively developed or in maintenance mode (instead of abandoned).
• Have a chance of being used in the future for payment of good and services, rather than just speculation.

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.

Thanks you both for replying.

I can think of some problems immediately: A big part of miners would have to agree on which block to sign. There will always be disagreement about which transactions to include and so on. Also, that would require enough people to have their client open all (so that their coins amount to 66% or more of the total). As more coins get lost, it would become progressively harder (because a bigger part of the coins in circulation) and eventually impossible to get to the 66% required.

Which cryptocurrencies are the innovative ones (for the time they were introduced)?.

Which cryptocurrency introduced ring signatures?. Which one introduced colored coins as part of its design (As used in NXT)?.

I'm interested in free as in freedom cryptocurrencies that have been the first to bring a new technology (for instance, Peercoin with its PoS). With all of the hundreds of existing cryptocurrencies, most of which are clones, it's hard to tell what are the ones that bring improvements instead of being a pump and dump scheme or plain worthless.

Note: I have checked what are the top cryptocurrencies by market capitalization, but this doesn't tells me whether they have introduced something new, and with so many speculators and people who are into altcoins just for pump and dump, market capitalization doesn't seems like a good indicator of innovation or even technical proficiency.

Thanks in advance.