Open Cryptocurrency

Open Cryptocurrency

By trobitcoin | bitcoin_for_freedom | 28 Aug 2020


Cryptocurrencies diversify a lot by their features. They can live in constrainted environments controlled from one or more center points or they are decentralized and live on open internet busting new ideas and innovation.

For me only borderless, open, neutral, decentralized and censorship resistant crypto projects matter.

In this series of posts I want to discuss this important properties of Cryptocurrencies.

Cryptocurrency project must have all mentioned properties in just right proportions. Blockchain and other underlying technologies can not be separated from Cryptocurrency. Those interested in this technologies can't build successful project just from this underlying tools.

As analogy you can't take out a transmission from the car and say that you create something more useful then car. In the same way blockchain is just a part of Cryptocurrency.

For me decentralization is far most important feature of Cryptocurrencies.

Next post: Decentralization is Name of the Game

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trobitcoin
trobitcoin

Coder for fun who love programming in Pascal, Huskell, Prolog and Rust, Bitcoiner, land surveyor.


bitcoin_for_freedom
bitcoin_for_freedom

This blog is intended to cover the social and political impact of the Bitcoin protocol on global society. Bitcoin, with its incredible features as good money is a hub for the liberation of people from the global financial system hegemony.

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