What are some characteristics of a good cryptocurrency?
1. Decentralization, cannot be manipulated by any people, countries, and organizations.
2. Consensus, the mechanism is endorsed by a majority of people.
3. Bitcoin is the greatest cryptocurrency, it’s not because of its originality, but because of it’s inventor, Satoshi Nakamoto. His disappearance makes Bitcoin becomes the greatest cryptocurrency.
This is my personal opinions, any other thoughts to add on?
Above three points are strong but as per my understanding a good coin must possess following qualities.
1.Strong and experienced development team
2.Strong community response
3.Must be listed on many exchanges.
4.Must have some practical use for common people.
5.Must have some universal application
6.Must have usability and scalibility.
7.Acceptance by many companies.