How many more of these threads do we need? Merit isn't that hard to get, but it is for those who don't really offer anything worthwhile in their posts. Excellent posters will get merit very fast. Average posters may take a while but will get it eventually, and shitposters will never get it.
my opinion:
1. merit system is good to stop some scammer.
2. but it is also a bad thing for those who are not scammer and not getting rank up for this hard system.
Actually it is very hard to get merit.
sometimes you are writing some good thing or good topic but you are not getting merit because a good viewer did not see your post or thread.
So guys! what is your opinion about this Merit system?
How does the merit system stop scammers? It was implemented to stop people like you making low quality posts just to rank up and looking at your posts it obviously works. Which posts of yours deserving merit have gone unmerited? I can't see any. I noticed you already have received one merit though, but too bad it's for content you plagiarised:
here your answers.
It's very important to note that all coins or tokens are regarded as cryptocurrencies, even if most of the coins do not function as a currency or medium of exchange.
"Tokens:
Tokens are a representation of a particular asset or utility, that usually resides on top of another blockchain. Tokens can represent basically any assets that are fungible and tradeable, from commodities to loyalty points to even other cryptocurrencies!
Creating tokens is a much easier process as you do not have to modify the codes from a particular protocol or create a blockchain from scratch. All you have to do is follow a standard template on the blockchain such as on the Ethereum or Waves platform that allows you to create your own tokens. This functionality of creating your own tokens is made possible through the use of smart contracts; programmable computer codes that are self-executing and do not need any third-parties to operate. It really is super cool!"
Altcoin:
"Alternative cryptocurrency coins are also called altcoins or simply coins. Theyre often used interchangeably. Altcoins simply refers to coins that are an alternative to Bitcoin. The majority of altcoins are a variant (fork) of Bitcoin, built using Bitcoins open-sourced."