Post
Topic
Board Bitcoin Discussion
Re: "Failure to Understand Bitcoin Could Cost Investors Billions" (Bitcoin's flaws)
by
AnonyMint
on 10/02/2014, 16:12:45 UTC
However I am not as pessimistic on the possibility of the market need being fulfilled soon.   Smiley

Sir kindly check your Messages. Our group is working on a similar design.

I noticed before your name choice poll, but I didn't like the choices much except perhaps silicoin. I like unigit because it isn't lost in the dozens of "coin" altcoins, but it is not obvious that it means money.

Btw, that name Ethereum is not going to work. It is extremely difficult to select a name for the next currency of the world. I understand "it lives in the ether" but that isn't going to work for most people. It needs to sound like money, but not "coin".

Ethereum is too difficult to pronounce and spell.

Another problem is the units of the currency, i.e. "I own 3 ethereums" because it is not clear that an etheruem is a unit, i.e. 3 ethers. Whereas "I own 3 bitcoins" is clearly 3 coins.

Some people might be tempted to pronounce it as "uni-get" instead of "uni-jet", yet that isn't the phonetics of the spelling in english words so they would be clearly in error except that I think people mispronounce github as "get-hub" instead of "jet-hub"?