Post
Topic
Board Altcoin Discussion
Re: Experiment with 5 altcoins (BCN, DRK, FLT, KMC, MINT)
by
David Latapie
on 14/04/2014, 16:42:13 UTC
I discussed about a future of cryptocurrencies in this thread (My view on the future of Crypto Currencies), and mgburks77 give the link to interesting thread also (Bitcoin adoption slowing; Coinbase + Bitpay is enough to make Bitcoin a fiat).

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 – it’s named “truly anonymity” in community. Sender’s and receiver’s 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.

Most of this options are declared in some cryptocurrencies.
I decided to conduct an experiment. I chose the 5 cryptocoins and I will follow them during the month. I will install wallets, mine and trade them and see on changes (devs, community, courses, rumors etc).
I will be glad to get advises and comments!

So my choices is (alphabetical):
1.   Bytecoin (BCN) – https://bitcointalk.org/index.php?topic=512747
2.   Darkcoin (DRK) – https://bitcointalk.org/index.php?topic=421615
3.   Fluttercoin (FLT) – https://bitcointalk.org/index.php?topic=509499
4.   Kimocoin (KMC) – https://bitcointalk.org/index.php?topic=524216
5.   Mintcoin (MINT) – https://bitcointalk.org/index.php?topic=450381

I will start tomorrow. Stay tuned!

I would humbly propose you to read my article on this - we independantly came to mostly the same conclusions (there are some thing you mentionned that I missed and probably the other way around too

Iinnovations in altcoins/ (I am considering renaming it something like "Altcoins, Darwin at works" or "Altcoins, a Darwinian process", I don't know what would be the most engagin title)