Qora
Why is that coin worth nearly nothing? I often hear it was an original code that was capable of some outstanding things?
The original dev was a genius coder, but didn't care about anything like community development or marketing. He left a long time ago, other people have kept qora going since then. Most of the original 130 ico investors thought they were sitting on another NXT that would reach 100M USD marketcap and make them all rich within a few months of the launch in may 2014, some deliberately tried to pump price to over 100 sats with a 'we wont sell for under 100 sats' campaign ... it all ended badly, many early buyers got burnt and left. The distribution is good now imo. The tech is definitely A-grade though, and with the dev long gone it's 100% decentralised and leaderless, so a potential black swan, and cheap as chips still.
You make Qora sound interesting. What does it have that makes it stand out?
It has a lot of features, some similar to NXT in many ways, but better in some key areas, like asset:asset trading, decentralised web, automated transactions between blockchains etc the total lack of input from the creator makes Qora an open canvas for anybody and everybody, so there's no need to ask anyone for permission. That obviously makes some things more difficult, but Qora IS 100% decentralised, unlike many other coins which often rely on the continued input from a leader:dictator. I like NXT a lot, but it's not decentralised as the lead dev controls everything (I think jean-luc is doing a good job so far, but nobody else can influence NXT development much, and if he left NXT would fold quickly most likely). Most alts are centralised around a few critical people, Qora isn't, so that makes it a potential black swan, although I prefer to think of qora as a crypto cockroach that can survive almost anything now.
Ed25519 DSA to verify and sign messages.
5 minute block time depending on the network activity.
Retargeting every 10 blocks.
Deterministic and Password protected wallets that can be recovered/generated from seeds.
New Proof-of-Stake algorithm.
A REST API to directly communicate with the client.
Naming Service: allows the user to register a key-value pair which can be used for various purposes (URLS, addresses, …).
This Naming Service will also include an exchange where users can buy and sell keys.
Voting System: Allows voting inside the client to make community decisions such as which feature will be implemented next.
Arbitrary Transactions: a simple feature which allows users to send any payload they want over the network.
This can be used by third-parties to build additional features on top of Qora (chat, ...).
Assets: assets with asset/asset trading pairs.
Encrypted Messenger: messages are encrypted standard AES256.
Dezentralized Web: decentralized Web.
Social Network: decentralized Social Network.
Automated Transactions:
http://ciyam.org/at/
