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Author Topic: Cryptocurrency 3.0. definition  (Read 483 times)
Kryptokenner (OP)
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June 04, 2017, 06:47:59 PM
 #1

Hi guys,

I stumpled over Heat Ledger and their description of cyptocurrecy 3.0. I understand the differents between 1st generation (e.g. Bitcoin) and 2nd generation coins (e.g. Ethereum) but I wonder if their is a definition for coins of the thrid generation? How do you differentiate between 2.0 and 3.0.?

Also, I would like to hear some examples of 3.0. generation coins for better practical understanding.

Thx in advance cryptocoiners  Grin

Kryptokenner.de bietet dir Tools, Tipps, Tutorials und Reviews rund um die spannende Welt der Kryptowährungen.
Eliphaz Fimk
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August 30, 2017, 12:22:05 PM
 #2

In our books, the following distinctions apply:

Gen1 = Bitcoin and forks
Gen2 = Decentralized Asset Exchange, extended functionality such as phased transactions or smart contracts: NXT, Ethereum, Waves. Still generally uses the same full blockchain structure as Gen1

Gen3 = Gen2 features, perhaps expanded, but the main groundbreaking improvement over Gen2 comes from restructuring blockchain and / or distribution mechanism, or other major area not limited to upper level features as such. For HEAT, these main distinctive characteristic are based on Proof-of-Presence distribution mechanism, sliced blockchain, and high scalability.

         
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