Yes, on a plan it should be not so much a coin but a payment system. Perhaps, it should contain the word "pay" (as for example in paypal), and not the "coin". Of course, one can use a completely abstract word, but it will be harder promote such a brand.
What does the payment system mean?
Do you konw Raiblocks? It is also a cryptocurrency based on DAG. Officail Web site
Raiblocks.org.
Can you tell me how Cheatcoin is different from Raiblocks？Thx
I do not know what is Raiblocks. Ask please their developers.
I mean that a payment system is the system of high transaction rate per second. It is not the coin just for cool.