Quote from: alyssa85 on April 09, 2014, 08:03:51 PM

Quote from: whatsthestory on April 08, 2014, 06:45:18 PM

Clear that cryptocurrencies 2.0 must have a several options:
1.   Resistance of GPU- and ASIC-mining. Not a clean fork.
2.   Resistance of the threat 51%.
3.   Privacy and data protection its named truly anonymity in community. Senders and receivers data should be encrypted maximum.
4.   Decentralization. Low concentration of funds in large exchange. Not speculative.
5.   Apps to better part platforms (Windows, Linux, MAC and mobile of course). Native wallet.
6.   Strong devs (with background). Tech. support.
7.   And philosophy! It should not be speculative cryptocurrency, devs must want to change an economic and this world.

Devcoin already meets most of these aims.

1. It is merge mined with bitcoin, and thus can and indeed is mined with ASICs (via pools like ghash.io)
2. The merge mining protects against 51% attack - though an attack against bitcoin will take out devcoin and other merge mined coins - but this is unlikely.
3. Same pseudonymous protection as bitcoin - unless you know someone's address it's difficult to work out their identity
4. Very decentralized - the coins are widely held. Devcoin has been going since 2011, and lots of people accrued them over the last two and a half years
5. The one drawback - needs a new wallet, but the devs are working on it
6. Meets this criteria, some of the best devs in cryptoworld do work on this coin
7. Meets the philosophy criteria too - the coin was designed to support developers and others through bounties and is doing this successfully.

Other benefits - the transaction fee is very low in dollar terms, and while this coin isn't as inflationary like dogecoin, it isn't deflationary either, and is thus suited to micro transactions and a spending economy. Some 24 stores already accept it - you can buy a walmart voucher with devcoin, which is more than you can say about most cryptos.

Finally, longevity. This coin is older than litecoin and has stood the test of time. The devs and community arn't going to walk away.

I think that currency that is available for ASIC mining is not a "currency of the future". Of course equality among all miners is a dream and always there will be someone who mine much faster and much more effective then others but "he/she" will have to put A LOT of funds in there.

Also merged mining with bitcoin is not a bonus to my opinion. Being someones dependant is not a good thing at all.

This two factors are just too much for me to deal with - that's why Devcoin is not my choice