theorange (OP)
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June 04, 2013, 11:23:54 PM |
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What in your opinion is the best alt coin? Reply with your favorite if it's not on the list!
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"The nature of Bitcoin is such that once version 0.1 was released, the
core design was set in stone for the rest of its lifetime." -- Satoshi
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iram9037
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June 04, 2013, 11:25:11 PM |
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I tried powercoin, and it was really fast. I heard it was also safer than wdc.
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wormbog
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June 04, 2013, 11:31:10 PM |
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The cool kids are all mining PPCoin.
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theorange (OP)
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June 04, 2013, 11:32:27 PM |
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How about Digitalcoin? That's what I'm trying right now.
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Bitcoin-QT
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June 04, 2013, 11:35:15 PM |
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Here's the order of coins:
1. Bitcoin 2. Litecoin 3. Namecoin 4. I0Coin/PPCoin (tie) 5. The odd chance that someone's cat steps on a bunch of keys and accidentally uploads a new altcoin chain 6. Every other altcoin.
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metalh47k
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June 04, 2013, 11:47:06 PM |
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Botnets and money retentive people farm the shit out of any altcoin that peeks its head above the 100% of BTC profitability mark.
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nor9868
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June 05, 2013, 12:07:33 AM |
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Mining powercoin right now.
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Our_Benefactors
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June 05, 2013, 01:15:27 AM |
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IXCoin
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olibd
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June 05, 2013, 01:24:20 AM |
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Most of them are just fork of the original bitcoin crytocurrency, although some offer slight modification to the rules they pretty much all operate in the same way and offer little advantage over bitcoin. Don't get me wrong, they are a good thing and are necessary step in the evolutions of cryptocurrencies as a whole. But I wouldn't go as far as saying that one is better than the other. I would say that some might suit your needs best than others.
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ZipTheRip
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June 05, 2013, 01:27:12 AM |
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but are there really that many different needs for cryptocurrency? i feel bitcoin and litecoin fill all of the niches.
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Bijeebus
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June 05, 2013, 01:35:36 AM |
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Does XRP count? iv heard good and bad things about them
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ToxicDartFrog
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June 05, 2013, 01:37:33 AM |
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As of right now I've been mining the hell out of PXC. They keep developing sites to use it at (poker, casino, escrow service, trade site coming) and it's had relatively little hype so it should hopefully be a slow climb instead of dump fest.
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olibd
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June 05, 2013, 01:39:58 AM |
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i guess XPR would count although the system works in a very different way, as far as I know it one of the few that are different from bitcoin, but your right there seems to be a controversy around it, I guess the best is to make our own mind ourselves and try it out. They hold frequent giveaways to introduce people to it.
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olibd
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June 05, 2013, 01:40:58 AM |
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@ToxicDartFrog what's PXC ? Do you have a link? is it like a fork of bitcoin ?
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theBee2112
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June 05, 2013, 01:46:34 AM |
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In all honesty, all of the alt-coins seem like pump n dumps.
But to be fair, LTC shows the most promise for widespread use, simply because of it quick confirmations.
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theorange (OP)
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June 05, 2013, 03:13:27 AM |
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How exactly does XRP work?
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loudog40
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June 05, 2013, 06:40:44 AM |
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I think a lot of these altcoins offer improvements, but nothing on the order necessary to rival Bitcoin. Litecoin, for example, offers a target blocktime of 2.5 minutes and the use of Scrypt which obviates the disruptive influence of GPU, FPGA, and ASIC mining. These are both seemingly nice things in a cryptocurrency, and whatever supersedes Bitcoin may choose implement them, but there will need to be something radically new and innovative that compels consumers and merchants to actually convert their holdings, change wallets, etc. Until then, why diffuse our efforts with all these carbon-copy altcoins when we have Bitcoin? It's not perfect but it's the only one growing with enough momentum to have any kind of meaningful adoption anytime soon. Alts like Freicoin, Namecoin, and Occcu are the exception, and as projects which are taking big strides in new directions I think there's every reason to be interested.
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DewlanceVPS
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Dewlance.com
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June 05, 2013, 06:45:04 AM |
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I am confused, what is Litecoin and what is difference between Litecoin and Bitcoin? My Vote for BTC, I like Bitcoins
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Premium Web Hosting (https://www.dewlance.com/web-hosting) - We accept Bitcoins and Cryptocurrency
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dawizard
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June 05, 2013, 08:11:11 AM |
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I've been mining LTC for about a year. The last few months the exchange rate has been pretty stable
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yangdd
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June 09, 2013, 03:08:05 AM |
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btc
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