Innovatiave currencies with potential

[mxa]

Hello.

With the thousands of existing cryptocurrencies, it's hard to tell which ones are worth taking a look into.

The so called market capitalization isn't a perfect indicator. It shows Bitcoin as the king, as it should, several cryptocurrencies in stages of being made obsolete, some premined scams (Darkcoin) and some which are just clones with marketing (Dogecoin, Paycoin) rank high as well.

In another thread I asked about which cryptocurrencies have been innovative. Now I'm asking you about which ones (and why, in the case of the last point):

• Have a main implementation which is free as in freedom.
• Introduced new technologies, or combined existing technologies in a new useful, in other words, it's not just a clone.
• Have not been premined or IPOed.
• Are actively developed or in maintenance mode (instead of abandoned).
• Have a chance of being used in the future for payment of good and services, rather than just speculation.

To start the thread, here are some cryptocurrencies that I think meet these characteristics:

Peercoin was one of the first innovative coins. It was the one to introduce PoS, therefore, it has the advantage that it's the PoS cryptocurrency that has been in existence for the longest time. The reference client seems to be in maintenance mode, but a fork (Peerunity) is more actively developed and is recommended by the official page. I like how it has a non-hardcoded scale-dependent supply (but it may be too slot to react to change). What I don't like about PPC is that the aforesaid slowness to react to money supply size change, and that it relies on the gradual PoW difficulty increase in order to phase it out in favor of PoS. It may well disappear before phasing out PoW.

I think that Nu (NuBits, NuShares) has potential, it was the first cryptocurrency system to feature a currency kept at parity with a fiat currency. Nu uses Peercoin.

BitShares looks promising too. I see that apart from its main currency, it features several currencies kept at parity with fiat currencies, gold, silver, and Bitcoin (using a different method than Nu) and allows users to emit their own assets, features a distributed exchange/market. Has BitShares been premined?.

Share your thoughts. Please don't suggest clones (cryptocurrencies that bring no technical advantages over previously existing ones). Thanks in advance.

[CreationLayer]

NXT because it is a completely new code base. Improvements are faster transactions, name based accounts, in wallet asset exchange, in wallet marketplace, supernet integration, healthy community.

As much as we have seen innovations, most are entirely based upon the Bitcoin code base, or close derivatives, while I do not mean to denounce all altcoins here, there are others. FWIW I'm not a NXT hodler, but I have used the software, it's fast, easy and the integration of marketplace and other community building features makes it more than just a coin. Also excited about the developments of Supernet.

[StanLarimer]

BitShares has had strongly collateralized stabilized assets since last August.  It is also  a completely new code base. It is a profitable self-funding decentralized autonomous company that implements a decentralized exchange.  Improvements are 10-second transactions, name based accounts, in wallet asset exchange, and healthy community at bitsharestalk.org.  Its biggest competitive advantage, other that great technology and people, is that (like most start-up companies in Silicon Valley) it is able to pay its employees with equity.  It can gradually issue its new shares to developers and marketers for doing useful work rather than issuing those new coins to pay miners just to burn electricity as most first-generation POW coins do.  Proof of Useful Work, you might say.

BitShares is not pre-mined.  It was mined into existence - half via traditional bitcoin-style mining and half via an innovative form of virtual mining.  This is all described in a series of articles entitled The Origin of BitShares:

Part 1   - It Began with ProtoShares
Part 2   - The Death of Mining
Part 3   - The Ideal Mining Pool
Part 4   - AngelShares and Virtual Mining
Part 5   - POW to POS to TaPOS to DPOS!
Part 6   - Sharedrops and Snapshots
Part 7   - BitShares Sharedrop Theory
Part 8   - Experimenting and Pivoting
Part 9   - What is a SuperDAC?
Part 10 - BitShares Unleashed

Then check out what BitShares has become now - an entire ecosystem has grown up around it with entrepreneurs basing their own businesses on it. These businesses put together a monthly newsletter called the NullStreet Journal to report on their activities and progress.

March Newsletter.

[tokeweed]

People are dumping BTS though...  http://www.cryptocoincharts.info/pair/bts/btc/btc38/6-months

It's better to stay in the sidelines and wait for it to bottom out.

[Netnox]

Innovation is not always enough, what matters more is if you can implement it in such a way that is simple/interesting enough for the wider public and serves as a solid service. GetGems seems like it has managed to combine these two, innovation/simplicity. Besides Bitcoin its the second Crypto service i just want to use without just caring about the price and the fact that it also supports bitcoin is great.

[Pheonike]

I think that Nu (NuBits, NuShares) has potential, it was the first cryptocurrency system to feature a currency kept at parity with a fiat currency. Nu uses Peercoin.

You have this backwards, Bitshares was around long before NuBits. Bitshares was started in late 2013.

[fundomatic]

This post is about BitShares:

• Have a main implementation which is free as in freedom.

https://github.com/BitShares/bitshares/

• Introduced new technologies, or combined existing technologies in a new useful, in other words, it's not just a clone.

New DPOS (Delegated Proof of Stake) system of securing the blockchain - http://wiki.bitshares.org/index.php/DPOS
decentralized exchange - http://bitshares.org/
with market tools http://www.amazon.com/BitShares-101-Generation-Currencies-Decentralized-ebook/dp/B00QUIWHR0 - 99cents

Platform for Decentralized Autonomous Companies (as in https://letstalkbitcoin.com/bitcoin-and-the-three-laws-of-robotics/):
http://playshare.io/
http://www.bitsharesmusicfoundation.org/

Market pegged assets BitUSD, BitCNY, BitEUR, BitGOLD, BitSILVER - pegged by the Delegate feeds http://wiki.bitshares.org/index.php/BitShares/bitAssets

• Have not been premined or IPOed.

Here is "the origins of BitShares" https://bitsharestalk.org/index.php?topic=14019.0

• Are actively developed or in maintenance mode (instead of abandoned).

Again https://github.com/BitShares/bitshares/milestones
Also, a delegate (of DPOS) voted by the stake holders into the top 101, can withhold 100% of his/her rewards and
finance their efforts in developing and maintaining the project. As the BitShares market cap grows, the BitShares
blockchain could compete for top talents in the industry.

• Have a chance of being used in the future for payment of good and services, rather than just speculation.

Market pegged assets, BitUSD, BitCNY, BitEUR etc are the easiest ways for payments adoption: no need to change pricing
habits or adjust for value fluctuation.

[testz]

I think that Nu (NuBits, NuShares) has potential, it was the first cryptocurrency system to feature a currency kept at parity with a fiat currency. Nu uses Peercoin.

You have this backwards, Bitshares was around long before NuBits. Bitshares was started in late 2013.

To be precise:
Official BitShares blockchain was launched at 19 July 2014:
https://bitsharestalk.org/index.php?topic=5750.0
Market pegged assets was enabled at BitShares blockchain at October 2014.

ProtoShares (PTS) was launched at 5 November 2013:
https://bitcointalk.org/index.php?topic=325261.0

[Trouble821]

Qora is new technology (not a clone). Now it's fully open sourced you can see it has completely different forging and addressing systems to NXT.

https://bitcointalk.org/index.php?topic=881230.0

[mxa]

Qora is new technology (not a clone). Now it's fully open sourced you can see it has completely different forging and addressing systems to NXT.

https://bitcointalk.org/index.php?topic=881230.0

It evidently fails to meet one of the points that I mentioned:

Qora relied on an IPO for initial distribution of the supply. The total amount of Qora in existence is 10'000'000'000 (10 Billion).

.

[hodlmybtc]

Monero

[jason miner]

Community must decide what is better choice .we need more voices here

[bronepoezd]

extreemly interesting topic
subscribed

[networthsigns]

One of the coins i am following because of the amazing potential it has to be a coin to spend in a decentralized market place is Bitbay is had kind of a rough start but nothing good has a start with no bumps and forks in the road the dev has knuckled down has created decentralized markets soon to be released and has road map of pegging the coin similar to Nubits and just find it super exciting like the ebay of crypto without the massive fee's and working smartcontracts what else is potential if not that... 

[bhokor]

darknotes is a low profile innovative coin too, Nodecoin is nice but is premined

[25hashcoin]

Monero

[Crestington]

You should check out PayCon - Get your Con on!

I think it fits your criteria.

https://bitcointalk.org/index.php?topic=937480.0

[Agestorzrxx]

You have to study it by yourself, you can't just believe what people says.
Everyone would claim their coin is the most innovation and have the most potential.

[Momimaus]

haha again one of this threads.  Please name you favorite shitcoin you are a bagholder of. Spot on.

[Crestington]

haha again one of this threads.  Please name you favorite shitcoin you are a bagholder of. Spot on.

Says the guy with a big SuperNet banner in his sig

Should just rename the Thread title "Innovatiave Currencies with Potential - The BagHolder Guarantee"