btc78
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Eloncoin.org - Mars, here we come!
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April 06, 2024, 11:55:27 AM |
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Bitcoin is certainly unique in being the first cryptocurrency.
But other coins can have unique qualities that Bitcoin can never adopt.
It’s true that new altcoins can have a unique feature that Bitcoin can’t have because it’s already developed but other altcoin can’t copy the Bitcoin uniqueness which is the most important in cryptocurrency which is the real decentralization. One could argue that altcoins are made specifically for this. Altcoins are basically experiments of what other features could be improved from bitcoin or what other features could be created that are not implemented in bitcoin. Altcoins may not have yet surpassed what bitcoin has achieved but they are reaching technological milestones that bitcoin has yet to achieve.
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AVE5
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Eloncoin.org - Mars, here we come!
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April 06, 2024, 12:30:33 PM |
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The potential uniqueness of coins is usually what investors considers before adopting to Invest on it. It could be their blockchain, markets cap volatilities, hyping differentials or even reliability in distance over time. Invested coins that doesn't portray that unique potentials is never attractive because Investors would only invest on different Coins if it has a different offer from the knowns.
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bluebit25
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April 06, 2024, 04:36:55 PM |
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One thing that sets Bitcoin apart from other cryptocurrencies is its history of decentralization. It is not controlled in any way by a central authority as it is a completely decentralized network. The decentralization aspect is a much more difficult feat to achieve for most altcoins, as many such projects come with some degree of centralization, often through development teams holding a significant portion coin supply. This could influence voting on future developments. Even if there are projects that could be a first step towards decentralization, they may not be ideal. Some projects may exaggerate the degree of decentralization if the founding team or large investors retain the majority of voting rights.
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| │ | ████████▄▄███████▄▄ ███████▄████████████▌ ██████▐██▀███████▀▀██ ███████████████████▐█▌ ████▄▄▄▄▄▄▄▄▄▄██▄▄▄▄▄ ███▀░▐███▀▄█▄█▀▀█▄█▄▀ ██████████████▄██████▌ █████▐██▄██████▄████▐ █████████▀░▄▄▄▄▄ ███████▄█▄░▀█▄▄░▀ ███▄██▄▀███▄█████▄▀ ▄██████▄▀███████▀ ████████▄▀████▀█████▄▄ | . "I could either watch it happen or be a part of it" ▬▬▬▬▬ |
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tromp (OP)
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April 06, 2024, 05:17:34 PM |
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One thing that sets Grin apart from other cryptocurrencies is its design for decentralization.
One (anonymous) author came up with the unique Mimblewimble design.
Another (anonymous) author started the original implementation in Rust.
Another author came up with the unique graph theoretic, memory hard yet trivially verifiable, Proof of Work. Other anonymous and less anonymous authors helped the implementation.
All 4 hard-forks were pre-planned before launch and executed at *exact* multiples of a half-year height.
None of its creators got any portion of the supply, and (unlike all other coins) early miners were disadvantaged by huge difficulty.
Its soft total supply gets evenly distributed to miners in the first 100 years, not giving a huge advantage to early miners like *every* single other coin.
No one can make any consensus changes unless there's near-universal consensus.
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Bushdark
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Eloncoin.org - Mars, here we come!
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April 06, 2024, 05:26:36 PM |
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The potential uniqueness of coins is usually what investors considers before adopting to Invest on it. It could be their blockchain, markets cap volatilities, hyping differentials or even reliability in distance over time. Invested coins that doesn't portray that unique potentials is never attractive because Investors would only invest on different Coins if it has a different offer from the knowns.
There are so many unique coins in the crypto market that are undervalued. The success of a token is not based on the uniqueness just like we have some meme like doge coin which many believe not to value and still yet the project is doing well in the market with huge support. We should not look for uniqueness before we invest in a token but rather check how much we could make from such a token. People are only after making money not to check whether a token has uniqueness or not.
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| │ | ████████▄▄███████▄▄ ███████▄████████████▌ ██████▐██▀███████▀▀██ ███████████████████▐█▌ ████▄▄▄▄▄▄▄▄▄▄██▄▄▄▄▄ ███▀░▐███▀▄█▄█▀▀█▄█▄▀ ██████████████▄██████▌ █████▐██▄██████▄████▐ █████████▀░▄▄▄▄▄ ███████▄█▄░▀█▄▄░▀ ███▄██▄▀███▄█████▄▀ ▄██████▄▀███████▀ ████████▄▀████▀█████▄▄ | . "I could either watch it happen or be a part of it" ▬▬▬▬▬ |
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Sayeds56
Copper Member
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Activity: 1330
Merit: 717
Eloncoin.org - Mars, here we come!
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April 06, 2024, 11:05:34 PM |
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There are so many unique coins in the crypto market that are undervalued. The success of a token is not based on the uniqueness just like we have some meme like doge coin which many believe not to value and still yet the project is doing well in the market with huge support. We should not look for uniqueness before we invest in a token but rather check how much we could make from such a token. People are only after making money not to check whether a token has uniqueness or not.
I believe Bitcoin stands out as unique cryptocurrency, due to its fundamental principle of decentralization and deflationary nature, and no other digital currency match it. Regarding, hype in the market, it is sometime mamillated by big investors who want to trap traders by artificially increasing the price of a specific coin and later sell off their holding, leaving the genuine investors at loss. Therefore, it is important to find out fundamentals of coin or token before committing investment.
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| │ | ████████▄▄███████▄▄ ███████▄████████████▌ ██████▐██▀███████▀▀██ ███████████████████▐█▌ ████▄▄▄▄▄▄▄▄▄▄██▄▄▄▄▄ ███▀░▐███▀▄█▄█▀▀█▄█▄▀ ██████████████▄██████▌ █████▐██▄██████▄████▐ █████████▀░▄▄▄▄▄ ███████▄█▄░▀█▄▄░▀ ███▄██▄▀███▄█████▄▀ ▄██████▄▀███████▀ ████████▄▀████▀█████▄▄ | . "I could either watch it happen or be a part of it" ▬▬▬▬▬ |
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Belarge
Member
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Activity: 448
Merit: 95
Eloncoin.org - Mars, here we come!
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April 07, 2024, 08:24:58 AM |
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I believe Bitcoin stands out as unique cryptocurrency, due to its fundamental principle of decentralization and deflationary nature, and no other digital currency match it. Regarding, hype in the market, it is sometime mamillated by big investors who want to trap traders by artificially increasing the price of a specific coin and later sell off their holding, leaving the genuine investors at loss. Therefore, it is important to find out fundamentals of coin or token before committing investment.
Investment is important, atleat it triggers some good bullish runs for us. We should be committed to having a present future that will be promising and comfortable for us and not some random results that's weird for us. The most unique coin is unarguably Bitcoin, it have been here for years and have withstand the heavy bearish season and reciprocated the energy by shooting to the moon. It's always mandatory to trade coins you already made thorough research and implementing one of the solid strategies towards these projects.
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|MINER|
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April 07, 2024, 09:15:30 AM |
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Bitcoin is unique. We cannot compare Bitcoin with any other coin. Other comments have seen variations but there is no equivalent to Bitcoin. Because it is the only reliable one that has no chance of facing loss by investing. It is a decentralized coin. Moreover it is not controlled by anyone and there is no third party intervention during these transactions. It is a decentralized coin. And when it comes to investing, Bitcoin is the first to suggest.
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AnonBitCoiner
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April 07, 2024, 09:46:42 AM |
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There are so many unique coins in the crypto market that are undervalued. The success of a token is not based on the uniqueness just like we have some meme like doge coin which many believe not to value and still yet the project is doing well in the market with huge support. We should not look for uniqueness before we invest in a token but rather check how much we could make from such a token. People are only after making money not to check whether a token has uniqueness or not.
There are thousand of token but every token does not exists as a beneficial token and many of them disappears after a short period of time. I think here unique refer to the qualities that one coin have and due to such qualities bitcoin remains the top priority of every individual. Lots of coins proved to be successful but not a single coin can ever be more successful than bitcoin. It is a decentralized asset and its success is prominent whereas other coins must possess some sort of doubt so I think we have to choose a unique project like Bitcoin.
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| │ | ████████▄▄███████▄▄ ███████▄████████████▌ ██████▐██▀███████▀▀██ ███████████████████▐█▌ ████▄▄▄▄▄▄▄▄▄▄██▄▄▄▄▄ ███▀░▐███▀▄█▄█▀▀█▄█▄▀ ██████████████▄██████▌ █████▐██▄██████▄████▐ █████████▀░▄▄▄▄▄ ███████▄█▄░▀█▄▄░▀ ███▄██▄▀███▄█████▄▀ ▄██████▄▀███████▀ ████████▄▀████▀█████▄▄ | . "I could either watch it happen or be a part of it" ▬▬▬▬▬ |
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lixer
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April 10, 2024, 11:46:35 AM |
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There are thousand of token but every token does not exists as a beneficial token and many of them disappears after a short period of time. I think here unique refer to the qualities that one coin have and due to such qualities bitcoin remains the top priority of every individual.
Lots of coins proved to be successful but not a single coin can ever be more successful than bitcoin. It is a decentralized asset and its success is prominent whereas other coins must possess some sort of doubt so I think we have to choose a unique project like Bitcoin.
No not " every " because some tokens are still good. If there is one unique feature BTC have, I think that would be decentralization. There are other coins who claim they are decentralized but it's not really believable. Another reason on why BTC became more successful is because it is the first crypto that is invented. If you lack in knowledge, definitely BTC is the coin to go or to start but as long as you gain more knowledge, that is the time to add other cryptos because like I said earlier there are still other tokens or altcoins that are good. A newbie can even post a thread here like other newbies to know some of them, if they want to start with more than one coin on their wallet.
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