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Author Topic: What would be the perfect cryptocurrency in your opinion?  (Read 544 times)
Frink (OP)
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May 09, 2019, 09:35:47 PM
 #1

If you didn't need to worry about the technical junk behind the scenes that makes it work.. what would be the features of the perfect cryptocurrency?
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May 09, 2019, 09:46:53 PM
 #2

In my opinions, There is no perfect cryptocurrency, no perfect projects. anything change very fast on technology. So, if i think today coin/token/projects A is perfect, 5 years to go it become an ordinary projects.

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Chomsy
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May 09, 2019, 10:02:15 PM
 #3

A perfect cryptocurrency to me is one that can be used in everyday life. Not just a cryptocurrency seen on paper or virtual stuff. That's why the space needs mass adoption, let the real use of coins be implemented. I look forward to a day I can make physical purchases with cryptocurrency coins.
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May 09, 2019, 10:10:45 PM
 #4

If you didn't need to worry about the technical junk behind the scenes that makes it work.. what would be the features of the perfect cryptocurrency?
A lot of projects have perfect concept, unfortunately none of them have a real development, no real use case. As decentralization is a new thing I don't really care about the features, I do hope their projects can be adopted by massive people and be able to replace the current centralize system. Yeah, after the adoptions, we can add more progressive features to make this world perfect.

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May 09, 2019, 11:22:37 PM
Merited by CryptopreneurBrainboss (1)
 #5

First of all there will be no perfect currency in existence. Name all the beautiful features that you want with that currency and yet there will be people that will flame some of those features and would express on how unhappy they are. I guess it should be 'ideal' instead of using perfect. And the ideal cryptocurrency for me is just on the making, wait, let me finish. It's already on the process of mass adoption and that's bitcoin, there's a big community and gov't that's supporting it so I won't look for any other.



 

 

 

 

 

 


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May 10, 2019, 12:12:05 AM
 #6

If you didn't need to worry about the technical junk behind the scenes that makes it work.. what would be the features of the perfect cryptocurrency?
the perfect cryptocurrency means it needed to be stable and developed but nothing will be estable and standard for long time that is the problem in cryptocurrencies otherwise people using their situation to make money with the development of currency at that time so it changes every time when the market is changing.
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May 10, 2019, 12:24:33 AM
 #7

A project that has totally decentralized governance. That is reliable. That has many wallets or ways to store value and that could be easily sent to others.
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May 10, 2019, 10:44:12 PM
 #8

The cryptocurrency that is most quickly adapted to the market, new technologies and its users will be perfect for me.
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May 12, 2019, 06:29:32 PM
 #9

I think a coin which don't need miners, a coin which is instant received and a coin which can be not have so much supply, and maybe a coin with option to get also new coins when hold.
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May 12, 2019, 06:36:22 PM
 #10

cryptoqurrency as a whole is not perfect, they have deficiencies with each other, but cryptoqurrency can be said to be perfect when they really have no shortcomings. but that is not possible, because cryptoqurrency is not controlled by anyone and among them certainly still has a few shortcomings
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May 12, 2019, 07:33:38 PM
 #11

If you didn't need to worry about the technical junk behind the scenes that makes it work.. what would be the features of the perfect cryptocurrency?

Unfortunately the technical part is not junk.

Imho a perfect cryptocurrency will be completely anonymous. If one wants to show the transactions and the content of the wallet (audit) special view key should be available to be provided.
The perfect cryptocurrency will have (almost) instant blocks and confirmations. Of course, the network fee will be less than one cent per transaction even in the most busy days.
The perfect cryptocurrency will have extremely easy to use wallet, tutorials and so on.
Obviously it'll be decentralized, it'll be accepted everywhere for buying goods and services, it'll have a strong security against whatever attacks (51%, replay...).
And this coin's value will never decrease (or at least not much). And it is fine to stay at the same value, it doesn't have to rise either.

And I'll end also with "unfortunately".
Unfortunately because of the world as it is, and also because of technical difficulties, many of these "wishes" cannot come to live.

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May 12, 2019, 07:45:01 PM
 #12

This question though😉 in reality nothing is perfect what you see a top project in 2019 might be shit in 2025. The rate at which technology keeps evolving is a testament to this. No perfect project that is why you see new projects everyday trying to better previous ones
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May 12, 2019, 08:11:21 PM
 #13

If you didn't need to worry about the technical junk behind the scenes that makes it work.. what would be the features of the perfect cryptocurrency?
Nothing is perfect in this world. there may be a lot of good crypto advantages, but there will be sacrifices. so that's why there is no perfect crypto.
small, fast, safe and anonymous costs are good. but that is not perfection because it cannot be accepted by everyone. Perfect crypto in my opinion is crypto that can be accepted by everyone without any problems.
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May 12, 2019, 09:26:24 PM
 #14

It is more appropriate to implement projects in real life. Some of them managed to do this, but the fact that there were many who could not practice caused others not to be seen. In the future this should be expected.
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May 12, 2019, 09:32:29 PM
 #15

If you didn't need to worry about the technical junk behind the scenes that makes it work.. what would be the features of the perfect cryptocurrency?

What did you mean by perfect cryptocurrency? Is there any crypto that is perfect that doesn't go down in the market? Every crypto has their own flaws so I would say that there is no such thing as perfect cryptocurrency.

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May 13, 2019, 05:30:12 AM
 #16

If you didn't need to worry about the technical junk behind the scenes that makes it work.. what would be the features of the perfect cryptocurrency?
For now I don't think there is any perfect cryptocurrency in the market, and I don't think their will be any for some few years until existing project begin to focus on perfection and not just creating a platform that could be used, one of the problem of many Blockchain project being built is that they don't always build a user friendly platform, which is very bad for adoption, people love a platform where everything is easy for them to understand without the need to follow any guide.
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May 13, 2019, 10:10:28 AM
 #17

there are no "perfect" cryptocurrencies and there will never be because we are not living in a perfect world and consequently nothing can be perfect. and if you didn't refer to "technical" aspects as "junk" then you would have known this.
whenever you change something, you are sacrificing a bunch of stuff to gain that thing. for example when you increase the block size and reduce the block time you are sacrificing the decentralization and security of the network. all you can do is to reach an equilibrium that is most acceptable.

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May 13, 2019, 10:30:59 AM
 #18

There is nothing like a perfect cryptocurrency. No crypto can have all perfect attributes like zero fees, extremely scalable, fast with speed of light, real life use cases etc.  At a point in time, there will be lags which will warrant an upgrade especially when the network becomes congested. In essence, advancements will continue to occur to create a nearly perfect crypto as time goes on.
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May 13, 2019, 10:52:36 AM
 #19

It's hard not to agree with you, I also think that perfect crypto doesn't exist. Despite that fact, I can list a few general advantages of cryptocurrencies which are significant to me. I'm looking for crypto which is quite stable (of course - not in 100% because risk is one of features of this market), has a great community (like for example FuturoCoin) and is constantly developing.
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May 13, 2019, 11:07:30 AM
 #20

If you didn't need to worry about the technical junk behind the scenes that makes it work.. what would be the features of the perfect cryptocurrency?

I think we all need to use cryptocurrencies for their purpose. So we all need to make a payment with crypto when we want it. Bu as we know, it is not so easy to use it. Most of seller doesn't accept Bitcoin payment yet. We need it immediately.
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