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Sounds about right, at least for PoW-based blockchains. IMHO this is a good thing. Most of these coins offer marginal advantages over Bitcoin itself. It's in ev
by tlrobinson 13y ago
Sounds about right, at least for PoW-based blockchains. IMHO this is a good thing. Most of these coins offer marginal advantages over Bitcoin itself. It's in everyone's interest to consolidate on the most valuable, and thus typically most secure blockchain and least volatile cryptocurrency.
- a8000 13y agoIt is in the interest of the early adopters. For those not involved yet that have never mined before it might be more fun / interesting to adopt a new coin, for which there are no ASIC implementations.
- tlrobinson 13y agoIf what you care about is your cryptocurrency being "fun" and "interesting" rather than "secure" and "stable", then sure.
- ben0x539 13y agoWouldn't people who prefer "secure" and "stable" go with actual, non-crypto currencies?
- deleted 13y ago[deleted]
- a8000 13y agoEverything I would want to buy I can pay for with a free international credit card my bank issues. The only real incentive to use a cryptocurrency for me would be for things like giving and receiving online tips, like a site independent karma system, but as soon as you need to actually buy the coins from somewhere it is just as convenient or inconvenient as tipping fiat money.