Feature of a crypto currency. (give your input)

[BTC Future 3946]

On 9/30/2019 at 5:24 PM, xBDT Script said:

Okay we regularly hear this word cryptocurrency. Let's take a minutes and list some of the feature a cryptocurrency should have. Here are some those are coming in mind and I will expect some input from you lot too.

- Decentralized

- Supply could be limited or unlimited

- Open ledger (Does it matter?)

- Anonymous or pseudo anonymous

What else you have in your mind? 

Feel free and I will updae by quoting your username.

Basiclly besides Bitcoin the rest chains do not seem to be decentralized at all. Even Bitcoin has centralization issues with mining happening mostly in China and there are many concerns for this. Personally I don't care much about the rest cryptocurrencies, with the exception of Ethereum perhaps, so the rest features don't actually matter. Although I have to add that Bitcoin does not provide any anonymity. Even the plustoken ponzi scammers transactions have been tracked by 95% and the bank accounts they've sent the money to are already under investigation. The only way to be completely anonymous while using Bitcoin is actually impossible right now, but could have happened in 2009-2011 while mining through TOR with CPU. Still at some point these Bitcoins would have been sold and data might have been leaked.

[Abiaan 1209]

it is not decentralized for all cryptocurrency but there are some coins that are centralized and has transparency too on the transactions

[Babubu609 0]

On 1/20/2020 at 5:12 AM, Sumayya said:

Yes that is true, it will provide a lot of job vacancies. Also it provide so many ways to earn from it

It has already provided works for many youths that are jobless also to many students that has nothing you doing

[magd 5231]

We add to these advantages, the advantage of transferring and withdrawing the balance quickly, the advantage of exchanging between currencies easily and buying important needs via the Internet in addition to the ethical aspect, which is helping those with special needs to donate.

[Whited35 15285]

I wish to see some more good features like low trading fees for Bitcoin on the different cryptocurrency exchange platform, all in one cryptocurrency wallet from where I can swap even the new cryptocurrency to the reputed currency like BTC, ETC and some of the stablecoin. 

[khan22 3478]

On 9/30/2019 at 7:24 PM, xBDT Script said:

Okay we regularly hear this word cryptocurrency. Let's take a minutes and list some of the feature a cryptocurrency should have. Here are some those are coming in mind and I will expect some input from you lot too.

- Decentralized

- Supply could be limited or unlimited

- Open ledger (Does it matter?)

- Anonymous or pseudo anonymous

What else you have in your mind? 

Feel free and I will updae by quoting your username.

Future of the crypto market is so much bright and now the world will soon legalize it becasue so many peoples will think that it is not possible but soon in 2020 we see that so many great countries will legal the Bitcoin and also other crypto currencies soon in their countries.

[Amir Vao 341]

On 9/30/2019 at 8:24 PM, xBDT Script said:

Okay we regularly hear this word cryptocurrency. Let's take a minutes and list some of the feature a cryptocurrency should have. Here are some those are coming in mind and I will expect some input from you lot too.

- Decentralized

- Supply could be limited or unlimited

- Open ledger (Does it matter?)

- Anonymous or pseudo anonymous

What else you have in your mind? 

Feel free and I will updae by quoting your username.

There are some other benefits we also get from it. We can control our account and even can make transactions through it from anywhere in world.

[Zaino34 0]

The cryptocurrency is the currency of the future and the areas of work with encryption from investment and trading are good ways to profit. I have some ideas in reducing trading fees and transferring between portfolios so that profits are as good as possible.

[Ms.o 3322]

Aside from those mentioned above,one feature of crypto is being "irreversible and immutable" what can be done will never be undone. So,using it,transacting or dealing with it needs more cautions as once your wrong you will never get back.

[George10 9932]

Crypto currency can be transacted from peer to peer around the globe crossing boundaries within short time without any single administrator.

[Zezo 306]

You can add to your list "speed of transfers and low fees", but until all these features are available, the currency will not guarantee success if it does not have a strong team.

[Treat1234 0]

The future of cryptocurrency is m

Numerous, we can add as a means of payment,  future blockchain technology, the used of blockchain technology will boost the cryptocurrency

[Laboni 755]

The main feature of a cryptocurrency is to increase the availability and investment of cryptocurrency. Cryptocurrencies increase production with investment growth and preserve the value of each currency so that no one can mislead the latter. Crypto is the only way to make easy money.

[Thekingcallme 1975]

Cryptocurrencies provide great advantages, which is what I mentioned in the topic
And I want to add that it gives you financial freedom and total control over your money, and there is no intermediary like banks
As well as the speed of transmission and transmission
Small and low fees

[Raqeebzy 6456]

On 9/30/2019 at 3:24 PM, xBDT Script said:

Okay we regularly hear this word cryptocurrency. Let's take a minutes and list some of the feature a cryptocurrency should have. Here are some those are coming in mind and I will expect some input from you lot too.

- Decentralized

- Supply could be limited or unlimited

- Open ledger (Does it matter?)

- Anonymous or pseudo anonymous

What else you have in your mind? 

Feel free and I will updae by quoting your username.

What more can I say. Decentralization is the main and key feature of all the cryptocurrency, in fact, any cryptocurrency project that is not decentralized shouldn't be considered as one. 

[Dmasked 1840]

The basic features of cryptocurrency are :

1. They are digital in nature
2. The ledger is open and transparent
3. The transactions are irreversible
4. The transactions are anonymous 
5. It is a peer to peer network
6. They are powered by the users
7. Asymmetric encryption

[BrolySSJ 7899]

I think that another feature of crypto that you could mention along with the other features that you have here is the fact that you would be able to make transactions all over the world and you would be able to do so in a sort of universal currency, which is the crypto will low transaction costs. This is much better than forex exchange and the high charges associated thereof.

[Saj555 2250]

Crypto world is a big world. Everyday the market and the world is changing with the time. But the most of the features are so attractive that the users are still trading with the cryptocurrencies in this virtual world. So there are so many scopes to earn good amount of profits from cryptocurrencies through this world. So it's better to understand this now. 

[pablomarwan 3082]

Digital currencies contain a number of useful and positive features, as they are not subject to the financial system on which countries depend, and also that it is not controlled by anyone other than us, i.e. decentralization and transactions that are carried out by them are not subject to any taxes but they also carry some risks as they are considered unstable Also, you may be hacked and your coins stolen, and you cannot do anything about this

[Nezar 7169]

In addition to these features that I mentioned, I want to add that the cryptocurrency is independent and can not be controlled and also cannot be followed at all.

[Mohssine 1725]

For me what is better in cryptocurrency , first private , is mean is not tracked by any one . And cryptocurrency have a really fast transaction , and also i really low fee for transactions , this things witch make cryptocurrency Is spatial for me.

[Michael0606 861]

I would add the feature, universal currency, which can be sent from one country to another country in a matter of minutes, and that is a very wonderful thing in the crypto world, apart from the other features that you already mentioned.

[Nab 263]

most of the crypto currencies star as an ICO but not all of them have the same characteristics and  everthing depends on the use that the currency will have, it can be for digital services, financial payments, for videogames or also for specific objective.

[Zues 1069]

On 4/30/2020 at 3:24 PM, Dmasked said:

The basic features of cryptocurrency are :

1. They are digital in nature
2. The ledger is open and transparent
3. The transactions are irreversible
4. The transactions are anonymous 
5. It is a peer to peer network
6. They are powered by the users
7. Asymmetric encryption

Yes I think that you are right because this are really the features of cryptocurrencies and I think that it is great because cryptocurrency hVe so many good features and I think that it will be great for them if they will have more new features. 

[Jaysen0104 536]

The good feature of using cryptocurrency is the fast transaction and easy to access funds to your wallet wherever you go and whenever you need it. Cryptocurrency as well can help us to earn money by using it in different methods like trading and investing of crypto's and different platform. Cryptocurrency is useful for everybody but it may depends on you on how you will work with it.