hmm IOTA Coin has a good technic (without blockchain system). it is a big adversary. IOTA release is soon. i hope decred come later (any weeks) or rather (Sorry for my english). what do you think?
Interesting. I have yet to see them explain how they address the "unlimited data growth" problem of Blockchains, though. Tangle looks like basically a Blockchain that just gets updated differently.
IOTA is a great project! I'm also a crowdsales member. I think is a really different coin with a different appeal.(no mining,no commission,not a coin because is a token) But is not a DECRED competitor. ETH and DASH are our big competitors and we will beat them!
i hope the decred team wait of the end from ehtereum pump. so have many peoples money for decred. acutal all of ethereum hype.
I haven't looked at Iota yet, but I generally don't like to consider any coins to be adversaries. I think there is room for multiple cryptocurrencies in the world. Since the overall market for cc's is growing it is definitely not a zero sum game.
I am expecting Cryptocurrencies to exist like Apple, Android, Windows. Not much of a Monopoly, but a general competition among coins in terms of acceptance rate, scalability, etc
I wouldn't forget that to a mainstream user, a cryptocurrency is first and foremost an exchange token. It's kind of like having 10 train stations in the same place that all have the same routes. Not necessarily a coexistence scenario.
I don't think train stations are a good analogy to payment tokens, currencies, or whatever you want to call cryptocurrencies. If anything, I think it is closer to the situation with credit cards. I have both a visa and an american express in my wallet and I know I'm not alone there. Or operating systems. I have Linux and BSD systems and see no problem there.
My primary desktop is Linux. It is also my primary laptop, and my media PC in the living room. But I have a few Windows Laptops and several Windows VMs. I also have a Mac laptop. And quite a few Android tablets. And I build firewalls from FreeBSD. Why have only one tool in your toolbox?
I think the idea of moving away from blockchain is interesting, if not risky. With all of the interest in the blockchain, and banks and large companies looking into them, I'd like to see how well 'Tangle' works for IOTA. I'll be keeping my eye on it, but I personally don't believe IOTA and Decred are even competing in the same categories. Yes, both are trying something new, but they aren't related even in the slightest.
I agree it's not the best, but not that bad. The point is from a layman's perspective they all do the same thing. As long as there are hundreds of coins which all claim to be equally valid, no one will use them seriously. Hence BTC is the one coin getting any real acceptance so far, and that makes sense. The reason you have a Visa and Amex is because 1) different banks and credit lines = better overall credit availability (also lower credit utilization ratio) and/or 2) one might get accepted where the other doesn't. Certainly you don't have 10 cards, and there are far more than 10 coins out there which creates confusion.
You mean like currency? There will always be reasons to have more then one coin. For example, right now bitcoin transactions are very slow. Wehre alt-coins hit their chains much faster. I know people with 10 credit cards. They also have poor credit, and no money...
Certainly more than one, but not 100. Imagine there being 10 national currencies though, not necessarily directly interchangeable or universally accepted as exchange tokens. That's probably a better analogy. I think we'd need a solid case study here to further this argument. Do believe I'm statistically right though. There's no argument that having more tools than one is good, but sometimes you can go overboard. Really, sometimes less is more.
I agree with your point. There is a certain advantage of diversity. Of course having ten credit cards isn't exactly smart in every case, but if you do your research and really know what you're doing with you're money, you can use them to your benefit. I know of people who ladder bank CDs and stuff like that. I think it's less about how many tools you use, but rather how much you know about each tool. I really like the wave of revolution in altcoins that's coming, Bitcoin did its job introducing the world to the wild idea of cryptocurrencies, and now these game-changing altcoins are improving upon this. The world of cryptocurrencies is advancing, and I can't wait to see where it goes.
Just registered to post here. Since, I'm an IOTA community member and a huge believer in it's potential, it is nice to see this thread here. It is also refreshing to see such a nice community here discussing other coins/tokens rationally without the "they are our enemies" mindset. That being said, the IOTA devs are always looking to collaborate and co-operate with other crypto projects as well. If there is anyway IOTA and decred can benefit from each other, the IOTA devs and community are always open for such discussions. Would be great if the two projects can find ways to form a symbiotic relationship to the benefit of both.
I'm also a IOTA community member! are you on Ryver? I would like to talk about decred and iota with CfB as soon as possible!
Yes, I'm on ryver. ID there is the same as here. Are you there too? If not, you should PM CfB on the bitcointalk forum. He's pretty active there.