Watch out for emunie, it may just take the crypto crown.
Any cryptocurrency aiming to have low volatility will have low adoption. It seems the creator doesn't understand economics.
I have also devoted some thinking to the matter. Bitcoin's parameters are the most optimal that I have seen, if the objective is to get the currency off the ground and achieve the highest 'market cap' valuation:
- Initial creation is rather centralized, in opposed to distributed. (Nearly) Same amount of old world resources must be burned to create new currency.
- Most holders by number need to acquire their bitcoins from an exchange, giving them a fiat price.
- This leads to a
power-law distribution in bitcoin balances from the beginning. This is the most natural distribution and minimum amount of trades need to be made in the aftermarket to achieve it.
- This leads to stiff but predictable supply inelasticity, which leads to high volatility mainly to the upside.
Compare this to the XRP distribution, which completely disregards all economic principles and thus was an utter failure, forever destining XRP to be a trading card game, and discrediting the (otherwise promising) Ripple network in the process.