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Author Topic: Is the wallet the key to coin success?  (Read 1326 times)
SyGambler
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December 25, 2016, 11:48:18 PM
 #21


It seems to me that adoption of a cryptocurrency depends highly on the quality of the wallet.  How can a coin expect to gain potential users, unless they have a stable, easy to install, easy to use wallet that one can trust with your money? 

Take the Eth Windows wallet for example.  It's dogshit.  There isn't even a readme file with an explanation of the installation or instructions.  You can't specify an install location, whenever you upgrade, it forgets where the keystore is, and the path seems to disappear.  Let's not discuss the performance issues, except that using a 3rd party node is needed to make it reliable and fast.

Getting support for it seems impossible.  Personally, I tried repeatedly to sign up on the Ethereum form, and after 3 months have given up.

Is this a platform that new crypto clients will be impressed with and will rave about?  Fuck No!

Therefore, I think Shitty Wallet = Shitty coin.

End rant.



well in general I like the good wallets as everyone else here I guess , but it definitely has nothing to do with the coin success
and you gave the Ethereum example , but Ethereum today is the 2nd coin in the market cap so it definitely has nothing to do with the wallet

PS I hate ETH and I hate everything related to it , but your topic doesn't make sense 
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December 26, 2016, 03:43:24 AM
 #22

Important for success imo is: easy installation, as many platforms incl mobile as possible, practical use, not too many graphics.

This is also what I'm looking for a coin,if a newbie looked at it and there's a lot of confusion in the installation of wallet,they might think that crypto currency or that coin is not for them and might look at other coin or not install the wallet at all and discard their interest.

densuj
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December 26, 2016, 03:54:17 AM
 #23


It seems to me that adoption of a cryptocurrency depends highly on the quality of the wallet.  How can a coin expect to gain potential users, unless they have a stable, easy to install, easy to use wallet that one can trust with your money? 

Take the Eth Windows wallet for example.  It's dogshit.  There isn't even a readme file with an explanation of the installation or instructions.  You can't specify an install location, whenever you upgrade, it forgets where the keystore is, and the path seems to disappear.  Let's not discuss the performance issues, except that using a 3rd party node is needed to make it reliable and fast.

Getting support for it seems impossible.  Personally, I tried repeatedly to sign up on the Ethereum form, and after 3 months have given up.

Is this a platform that new crypto clients will be impressed with and will rave about?  Fuck No!

Therefore, I think Shitty Wallet = Shitty coin.

End rant.

I agree with you shitty wallet = shitty coin atau least it is happen on new altcoins, because before someone make decission for making investment on altcoins, they must looking for the best wallet for save the coins.
But if you are looking for ETH's wallet, you can try using  https://jaxx.io it is easy and simple be used, I have used it for save ETH and other coins and it is safe, I don't get anu problem.
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December 26, 2016, 09:11:12 AM
 #24

For me.is key....I wont get on board of a coin That dont have a Light n bugfree Walllet

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December 26, 2016, 08:09:38 PM
 #25

As the Linux wallet got to syncing the last 100,000 blocks it started to speed up significantly, and completed them in 1 hour.

Then the wallet locked up solid. Took a few tries to kill the process.

A reboot and restart and it works, and shows my balance, and syncs in "real time".

However, the 36 hours of syncing seems like a waste of time, not a single one of my previous transactions was found.

Verdict:  0 wallets out of 2 functioning properly.

I'm curious if this is typical.  Is anyone willing to attempt & document an ETH wallet install?   Or any other wallet?  This could be a good science project. Feel free to post your results.....

Here's my sample:

Wallet:                    Eth Linux amd64 GUI wallet (not Mist)
Start time:              Dec 24, 1:10pm CST
Completion Time:  Dec 26, 11:30pm CST
Total sync time:     46hr, 10 min.
Data size:               /home/user/ethereum is 86GB (!)
Errors:                     1. Wallet Locked up after Syncing entire block chain.
                                2. Wallet does not display previous transactions from accounts added to keystore at begin of sync.



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December 26, 2016, 09:11:27 PM
 #26


It seems to me that adoption of a cryptocurrency depends highly on the quality of the wallet.  How can a coin expect to gain potential users, unless they have a stable, easy to install, easy to use wallet that one can trust with your money? 

Take the Eth Windows wallet for example.  It's dogshit.  There isn't even a readme file with an explanation of the installation or instructions.  You can't specify an install location, whenever you upgrade, it forgets where the keystore is, and the path seems to disappear.  Let's not discuss the performance issues, except that using a 3rd party node is needed to make it reliable and fast.

Getting support for it seems impossible.  Personally, I tried repeatedly to sign up on the Ethereum form, and after 3 months have given up.

Is this a platform that new crypto clients will be impressed with and will rave about?  Fuck No!

Therefore, I think Shitty Wallet = Shitty coin.

End rant.





I think Ethereum will be drowned in the coming year later

billybobmaryjoe
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December 26, 2016, 09:56:14 PM
 #27

A wallet can not make or break a coin. Promotion can.
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December 27, 2016, 12:15:01 PM
 #28

Important for success imo is: easy installation, as many platforms incl mobile as possible, practical use, not too many graphics.

This is also what I'm looking for a coin,if a newbie looked at it and there's a lot of confusion in the installation of wallet,they might think that crypto currency or that coin is not for them and might look at other coin or not install the wallet at all and discard their interest.
Yes, the easiest way to use it, the higher the potential it can be promoted or be popular in the market as it catches the interest of investors to invest on it. It is firstly the most important in considering a coin. So the most reliable wallet it can be used, the more the people would invest on it.
cinchin
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December 27, 2016, 03:12:12 PM
 #29

I don't think so,wallet not relate with coin success.Coin success when potetial is huge and everybody like it
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December 27, 2016, 03:41:54 PM
 #30

not at all!
the wallet is only what we see on the outside and success is much deeper than just looks. and even if you could by a chance pull it off with a good outside and cosmetics be sure that coin can not live long enough.

"success" in altcoins is adoption if you ask me and as long as they are not thinking about real world applications for their altcoin to be used they will never be adopted and never become successful.

Only Bitcoin
raphma
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December 27, 2016, 08:12:27 PM
 #31

of course wallet is a important feature of the coin.
crypto world isnt made only by computer geeks, there are investors who doesnt know all about computer but still want to throw some money on it.

The wallet needs to be simple and clean, otherwise adoption will be a problem.
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