Post
Topic
Board Altcoin Discussion
Re: Will Dogecoin have a future?
by
Abiky
on 07/04/2017, 22:12:12 UTC
Highly inflationary even. But hoovering on a stable satoshilevel for monthes, so these two effects ballance out each other: adoption vs. mining.
The current lack of a devteam itches me too, if comparing with litecoin. Still stuffing all scrypt coins into the same bag here.

That is certainly true. Most scrypt coins out there lack true development and innovation, making them as tools for speculation, rather than becoming a usable cryptocurrency. Look at Litecoin for example, it lacks true development and innovation, copying Bitcoin's footsteps as time goes by.

Most recently, there has been support for LTC towards the adoption of SegWit, which could be plus for the cryptocurrency if it becomes active. But other than that, I believe that it needs more work from development and its community to help it reach new heights.

As for Dogecoin, it has a high inflation rate, and lacks development too. The bright side of these mentioned scrypt coins is that they're great for micropayments due to their cheap rates (like DOGE) and faster transaction speeds than Bitcoin (like LTC). Just my opinion.  Smiley