What I Want in a Cryptocurrency
WWYD?

What I Want in a Cryptocurrency

By Thomas Wolf | wickedthewolf | 11 May 2020


There are so many types of cryptocurrencies out there right now, the altcoin world is booming and the competition is fierce.

But, rather than discuss a few tokens, the way they work, and their pros and cons; I'd rather discuss what I want from my primary cryptocurrency.

Efficient - Well, I have to say I am not in favor of Proof of Work currencies because they are energy inefficient and thus bad for the environment.  I wouldn't care if only sustainable energy was used for mining, but it's not.  I'd want a highly secure token but not at that price.

Secure - This is paramount.  I don't joke about money...  state of the art grade encryption, preferably.

Speed - This is too often overlooked.  How long does it take you to use your debit or credit card at the store, or pay in cash?  Crypto should be faster than that - nearly instant... otherwise, what the hell?  It is 2020!

Incentive - Many services already offer some, such as staking with Tezos/XTZ.  However, I feel this could be improved upon with most tokens.  I'd love to see this type of feature implemented into BAT.

Decentralized - This is a given for any like-minded person.  I want absolutely no control over my assets except those I set in place; governments have no role in handling my money especially with a shocking lack of adequate representation here in the US.

Something New - I'd prefer a revolutionary altcoin but I cannot say what that evolution would be as it is yet to happen.  But, if I had to ask for any single thing I'd ask for it to be highly universal - something you can use anywhere with little concern for volatile market prices - perhaps hard drive wallets with live price indicators, etc.  The Uphold card is the closest thing I've seen to that so far.

 

I just want it to be easier, better, faster, more rewarding, etc... is that so much to ask?  Lol.

What are your thoughts on "the perfect token design?"

What kind of changes or implementations would you like to see?

As always I am happy to talk in the comments and stay safe out there!

-Thomas Wolf




The REAL Coinpot Roller Trick with PAYMENT PROOF!
DIY Hand Sanitizer Article to Help Combat COVID-19
My Tezos (XTZ) "Coinbase Staking" Experiment Article

My BAT HODL "Market Recovery" Experiment Article
My Stellar Lumens HODL "Exponential Growth" Experiment Article

My Earners:
Cointiply - #1 Earner.  My article on grinding to Rank 71 & techniques.

Coinpot.co Faucets:
BonusBitcoin
BitFun
MoonDoge
MoonDash
MoonBitcoin
MoonBitcoinCash
MoonLitecoin

All Coinpot Faucets Pay 3 Tokens per claim + the claim amount and all convert to any other for free.  It's all Satoshi's - don't get that confused!

Honeygain - #1 Passive earner: My article on HoneyGain with Payment Proof.
HideoutTV - Passively pays you for "watching" videos with ads.

My Exchange & Brokerage:
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Robinhood - Free stock worth up to $200 when you sign up and deposit $100.

Brave Browser
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Thomas Wolf
Thomas Wolf

I am a cryptocurrency advocate, a STEM undergraduate student, a nature enthusiast, a survivalist, a DIY specialist, and I'm a little crazy at times.


wickedthewolf
wickedthewolf

Cryptojunkie

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