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Author Topic: Did you think alt coins can merge to only one coin?  (Read 477 times)
MAXE
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June 07, 2018, 10:37:02 PM
 #81

The main idea behind bitcoin maimalist is that one day BTC can become a busket of all altcoins features.
Which is very hard to do (mostly from network security point of view). In crypto tech are moving so fast you'll never know.
There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, but full nodes are more resource-heavy, and they must do a lengthy initial syncing process. As a result, lightweight clients with somewhat less security are commonly used.
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Gifolote
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June 07, 2018, 10:39:31 PM
 #82

It may be. but believe that if this will happen the in the distant future. countries just do not give up their money.
Johnnywelsh
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June 07, 2018, 10:41:21 PM
 #83

I think it's possible to have a single crypto currency but I don't think it's exist based on existing ones merging. As others pointed out it'll most likely sit above existing crypto and have a exchange rate much like the dollar does against the pound and vice versa.

It'd need to be versatile enough that if someone wanted payment in a certain currency, you'd be able to pay using your 'universal' crypto and it would automatically do the conversion and payment in their desired crypto currency.

kmntrci
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June 07, 2018, 10:46:13 PM
 #84

As for me it looks pretty weird. I think that crypt will become more popular and number of coins will also increase  Roll Eyes
lovemsngr
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June 08, 2018, 10:07:41 PM
 #85

World is willing to accept only one coin, yet some countries are not. Many countries are using dollars and euros, right? About others - they stay still. Conclusion of it is that there also will be some parts of the world where that "one coin" will not be involved in their lives.
EHT7500
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June 08, 2018, 10:16:11 PM
 #86


I love crypto, but there are a lot of useless coins. They quickly get out of everyday life, projects that are associated with them are dying away.
Probably one or several coins remaining in circulation can change this problem.
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June 08, 2018, 10:33:08 PM
 #87

I think it is impossible. Because there are huge hidden dangers in the network, I think it is impossible for the government to keep the economy on the Internet. They may issue tokens, but they may only be used for some kind of commemoration!

It looks like you don't even understand what's already talked by OP. it's about the possibility to merge the altcoin into one coin that will be brought by the economic someday, and in my understanding it' impossible because every asset represented its company share, I meant to look at how so many altcoins has a different purpose from one to each other and it can't be merged.

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kayakcrypto9875
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June 08, 2018, 10:37:35 PM
 #88

It is possible to that happen. All coin emerging to only one coin is a great idea but still many new altcoins are emerging everyday. And also the owner of each coin has different strategy or purpose for their coin. Their approval of merging coins also matter.
donieahmad
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June 08, 2018, 10:55:29 PM
 #89

I think Altocoin is not possible to merge into one coin because each coin has a different market and has a different purpose.
Julunguul
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June 08, 2018, 11:58:48 PM
 #90

I do not think that will happen, we know that every altcoin has different function and also roadmap or their goal also different even can be inversely proportional. so the vision is not the same mission
douglock
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June 09, 2018, 12:14:34 AM
 #91

The world can never be united and since that can't happen, then the idea of having a universal coin can't happen.
I agree with you. It is hard to have a coin which is a combination of all other coins. Each of them has their own advantages which can not be merged to only one coin. Therefore, you have to accept the true that there are always many coins on the world. Even with good technology, I doubt that people can merge them
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