The ideal cryptocurrency. What should it be?

[WalkerIVIV]

I think, we need a new topic.

To gather into it all the problems that our community faces when working with crypto-currencies and understand: what should it be - " the ideal crypto currency"?
And, why do we need it?


The first problem. Uncontrolled growth of the commission for the transaction.

The second problem. A sharp slowdown in transaction speed, due to increased load on the system.



Add problems. Everybody is invited.

That depends on your needs, The transaction fees will straight with the price of the coin itself. Remember when bitcoin worth only double-digit of dollars and the transaction fees is really cheap. that means we need the platform with a big scale of scalability.

That's why there is a lot of platforms are trying to develop a better future platform with great scalability.

[gilangIDR]

I think, we need a new topic.

To gather into it all the problems that our community faces when working with crypto-currencies and understand: what should it be - " the ideal crypto currency"?
And, why do we need it?


The first problem. Uncontrolled growth of the commission for the transaction.

The second problem. A sharp slowdown in transaction speed, due to increased load on the system.



Add problems. Everybody is invited.

Supposedly an ideal cryptocurrencies is a crypto that can support all the financial activities we have. Transaction speed is a problem now. As happens with bitcoin, the time required for each bitcoin transaction is prolonged. This is indeed a factor of the increasing number of transactions owned by bitcoin and this can also happen to other coins. There should be a way to improve that, we must continue to work on developing bitcoins and cryptocurrencies. Do not get any obstacles and problems when we use cryptocurrencies. Because without any obstacles then cryptocurrencies can develop and can be widely used in the future. And the most ideal is a cryptocurrencies that can be used anytime, anywhere and with transaction speeds of just seconds.

[cynical]

I think, we need a new topic.

To gather into it all the problems that our community faces when working with crypto-currencies and understand: what should it be - " the ideal crypto currency"?
And, why do we need it?


The first problem. Uncontrolled growth of the commission for the transaction.

The second problem. A sharp slowdown in transaction speed, due to increased load on the system.



Add problems. Everybody is invited.

this is a very complicated topic i think.

The word CRYPTO can mean both a single ideal coin and can also be applied in general terms like blockchain.

what do we want from a single ideal crypto?
what bitcoin is with some added extras like low fees and fast transaction times so we can spend and send.
but if we have that single ideal crypto are we actually going to spend it?
probably not

so what about the general crypto option?
no one coin or crypto can fulfill the potential of the blockchain.
look at all the decentralised and centralised projects already being worked on,
one single ideal crypto cannot be used for all

[magiccarpett]

I think, we need a new topic.

To gather into it all the problems that our community faces when working with crypto-currencies and understand: what should it be - " the ideal crypto currency"?
And, why do we need it?


The first problem. Uncontrolled growth of the commission for the transaction.

The second problem. A sharp slowdown in transaction speed, due to increased load on the system.



Add problems. Everybody is invited.

1. decentralized
2. anonymous on high grade like monero
3. no transaction fees
4. a real world purpose (a use case e.g. like siacoin)
5. secure wallets
6. coin holder benefits

Any coin recommendations?

[Dondont]

I'm sure everyone wants the ideal crypto is that crypto has a price that always rises, has a small fee, and if something happens, the crypto will remain stable.
People want something that can be controlled, and I think it's impossible as long as people can't controle themselves

[drwhobox]

There are some coins that they are making t centralized there must be a Coin nor token that can make transaction from point to point really quick. Anonymity for everyone makijg transactions really peer to peer.

[justBorn]

An ideal cryptocurrency is can adopt by the mass. If the coin has a high transaction fee and slow confirmation this is not the real one can provide to the whole world. I hope bitcoin is doing good and ethereum.

[AndreyBelts]

I think, we need a new topic.

To gather into it all the problems that our community faces when working with crypto-currencies and understand: what should it be - " the ideal crypto currency"?
And, why do we need it?


The first problem. Uncontrolled growth of the commission for the transaction.

The second problem. A sharp slowdown in transaction speed, due to increased load on the system.



Add problems. Everybody is invited.

That depends on your needs, The transaction fees will straight with the price of the coin itself. Remember when bitcoin worth only double-digit of dollars and the transaction fees is really cheap. that means we need the platform with a big scale of scalability.

That's why there is a lot of platforms are trying to develop a better future platform with great scalability.

"that means we need the platform with a big scale of scalability" - yes, i am absolutely agree!

[DirtyJohnny]

Decentralized, devs should keep less than 20% coins and coin should be demanded for the project aims.

[NewEraNew]

Free and fast transactions for sure.

[CryptoBeefy]

I think this is very subjective but ii'll throw my 2cents in for what it's worth.

It would be the currency of a solid project, one with good business acumen and a strong team behind it.
It would be scalable, fast and fees would be cheap.
It would be able to be used in the 'real world'.
It would be easy and understandable to use and it's worth plain to see.

[lyuq]

I suppose that it's almost impossible to create ideal currency which able to satisfy all the requests of the 'real world'.

Consumers, business and governments have different (and sometimes incompatible) requirements to the currency.

[AndreyBelts]

I suppose that it's almost impossible to create ideal currency which able to satisfy all the requests of the 'real world'.

Consumers, business and governments have different (and sometimes incompatible) requirements to the currency.

It depends on the point of view. 

I believe, that the key requirement of community, (that requirement which doesn't suit the governments) - is the privacy of transactions.

I don't think that the governments will be fight against fast payments or cheap payments.

But privacy of the translations which is necessary to the ordinary person - at all not those which is necessary to the terrorist or the criminal.

 I.e. technologically we can agree with the governments about that level of privacy of translations which will suit both parties (community and governments )...

What do you think?

[AndreyBelts]

I think, we need a new topic.

To gather into it all the problems that our community faces when working with crypto-currencies and understand: what should it be - " the ideal crypto currency"?
And, why do we need it?


The first problem. Uncontrolled growth of the commission for the transaction.

The second problem. A sharp slowdown in transaction speed, due to increased load on the system.



Add problems. Everybody is invited.

this is a very complicated topic i think.

The word CRYPTO can mean both a single ideal coin and can also be applied in general terms like blockchain.

what do we want from a single ideal crypto?
what bitcoin is with some added extras like low fees and fast transaction times so we can spend and send.
but if we have that single ideal crypto are we actually going to spend it?
probably not

so what about the general crypto option?
no one coin or crypto can fulfill the potential of the blockchain.
look at all the decentralised and centralised projects already being worked on,
one single ideal crypto cannot be used for all

The ideal is seldom achievable (or it is never achievable).
But the movement to an ideal - an essence development of our community.
Reading different topics, I faced negative reviews of use of cryptocurrencies.
I think, that it is time to collect opinions on that was would like from cryptocurrency by those who already use it.
It will be useful for those who plans to start something on a blockchain.

[peach56]

Something that you can use in everyday life - shopping , going to the pub etc... I think that in essence the BTC transfer rates are so ridiculously high now that we need a new crypto to come in and be accessible  through POS payments

[kipozer]

Why do we need this topic, if we already have almost perfect crypto currency. This bitcoin, if you want to do it better, then ask the team the bitcoin to the cortex, maybe they can find a job for you, if this is possible of course

[sunX3]

I think, we need a new topic.

To gather into it all the problems that our community faces when working with crypto-currencies and understand: what should it be - " the ideal crypto currency"?
And, why do we need it?


The first problem. Uncontrolled growth of the commission for the transaction.

The second problem. A sharp slowdown in transaction speed, due to increased load on the system.



Add problems. Everybody is invited.

1. decentralized
2. anonymous on high grade like monero
3. no transaction fees
4. a real world purpose (a use case e.g. like siacoin)
5. secure wallets
6. coin holder benefits

Any coin recommendations?

What about the banks? Do you think they should be backed by banks? (Like Ripple?) I think most banks would take some issues with some of your points and that would raise some problems but I generally agree.

[ElenkaTaurus]

Choosing the best alternative to bitcoins, remember: invest in the digital currency only the amount that you do not mind losing. We wish financial success!

[rcoins0720]

maybe the pump and dump group of people
and the whales who manipulates price of shitcoins in the exchanges like cryptopia coinsexchange and more.
they do bring a particular coin to gain 400% in a day and after 2-3 hours the price will fluctuates and make it dump immediately

[lyuq]

It depends on the point of view. 

I believe, that the key requirement of community, (that requirement which doesn't suit the governments) - is the privacy of transactions.

I don't think that the governments will be fight against fast payments or cheap payments.

But privacy of the translations which is necessary to the ordinary person - at all not those which is necessary to the terrorist or the criminal.

 I.e. technologically we can agree with the governments about that level of privacy of translations which will suit both parties (community and governments )...

What do you think?

May be. But the governments will be fight against anonymity. Also governments will want to regulate emission and exchange rates.