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I don't, and I think part of why it's not used so much for transactions is privacy. Most cryptocurrencies provide a public log of all transactions. Bitcoin Pri
by sternocleidom 9y ago
I don't, and I think part of why it's not used so much for transactions is privacy. Most cryptocurrencies provide a public log of all transactions.
Bitcoin Private https://btcprivate.org/whitepaper.pdf https://btcprivate.org/whitepaper.pdf will add privacy, we'll see how it goes. Also LiteCoin is introducing LitePay in a few days, which might change things.
NewYorkCoin https://www.wsj.com/articles/newyorkcoin-gains-traction-in-cryptocurrency-circles-1519147112 https://www.wsj.com/articles/newyorkcoin-gains-traction-in-c... is actually used as currency in NYC, and is fast enough and has no transaction fees.
So we're at the early stages of things, but between Bitcoin Private, Litecoin, and NYCoin, I expect lots more people will be buying with cryptocurrencies over the course of 2018
- nikajon_es 9y agoInteresting... it seems that the smaller alt coins may be used for transactions, but theres a ton of them, and trying to support transactions in all of them may be difficult. Thanks for your thoughts.