Undervalued altcoin: TIP mass adoption crypto

[Inn0vative1]

A lot of the ICOs these days are focusing on tokenizing assets, but truth is most of these assets that are supposed to be tokenized are not seeing real world use. That trend is slowly fading.

A less explored angle is going back to the basics of what a cryptocurrency should be; A currency. As we've seen, Bitcoin and Ethereum have been great stores of value in the long term, but are not as great as a medium of exchanges due to the limitations both currencies have.

One project working on solving this problem is Tip Blockchain. They're going back to the basics and building a cryptocurrency that is first and foremost a currency. They have usernames that make it easy to find people to transact with.

Their demo is live here: https://discover.tipblockchain.io

[1714866469]

1714866469

[jawatulen]

A lot of the ICOs these days are focusing on tokenizing assets, but truth is most of these assets that are supposed to be tokenized are not seeing real world use. That trend is slowly fading.

A less explored angle is going back to the basics of what a cryptocurrency should be; A currency. As we've seen, Bitcoin and Ethereum have been great stores of value in the long term, but are not as great as a medium of exchanges due to the limitations both currencies have.

One project working on solving this problem is Tip Blockchain. They're going back to the basics and building a cryptocurrency that is first and foremost a currency. They have usernames that make it easy to find people to transact with.

Their demo is live here: https://discover.tipblockchain.io

so, basicly this TIP blockchain focusing as a currency just like bitcoin and dash right ?
but, what they bring ? to make this coin better then the old cryptocurrencies project

[ShamoKe]

There are a lot of undervalued altcoins, but it is technically difficult to break through, otherwise it has become very expensive. Maybe the project needs funding, but the technology of the project can't make people reach a consensus. So I am not very optimistic.

[Inn0vative1]

so, basicly this TIP blockchain focusing as a currency just like bitcoin and dash, right ?
but, what they bring ? to make this coin better then the old cryptocurrencies project

That is correct. What makes Tip better than other existing currencies is the entire focus of the project is in creating a usable currency. Emphasis on usable!
Bitcoin does not fulfill the requirements of being a currency as I indicated earlier. People are never going to use Bitcoin in its current form for buying a pizza or a coffee down the street. It is just not built to make it easy to do so.
The good news for Bitcoin is that there are lots of active developments and improvement proposals like a payment protocol [url https://github.com/bitcoin/bips/blob/master/bip-0070.mediawiki]BIP 70[/url] and BIP 75. The bad news for Bitcoin is, because of the current governance structure or lack thereof, it takes years for any significant protocol updates to be implemented and adopted by miners. Thus, it is not practically feasible to have the features that will enable my mom to spend Bitcoin at the supermarket in the near future. Dash developments do happen a bit faster but the same can be said about Dash to a lesser degree.
This is why a platform like Tip is so essential. It is being built from the ground up as a platform to be used as a day-to-day currency.
Thus, some features built into the platform are:
- Human-friendly addressing using usernames instead of crypto hash addresses
- Transactional metadata to be used on payment processing of transactions.
- Ability for users to find each other and transact easily in the ecosystem.
- Ability for merchants to perform analytics on purchase data.

At this point, I'm talking about applications of the underlying blockchain technology. This is exactly what makes Tip different. It's not just a distributed ledger, but a platform built on top of blockchain, specifically for commerce.