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September 25, 2019 12:53 am

Which crypto currency becomes the future payment system (Dash on #1)

(Dutch version here)
A considerable number of crypto coins would like to become a generally usable means of payment. Some want to exist next to the Euro and some want to exist instead of the Euro. Which cryptographic coin has the best papers and has made the right design choices?
In this research, 32 crypto currencies, that have this wish, will be examined and investigated in the areas of Security, Availability, User-friendliness, Technical user aspects, Maintenance, etc. It does not look at the Marketcap or value of the crypto currency but only whether they are well equipped to perform the task as a means of payment.

Which Crypto currencies are participating? To this end the 350 first mentioned currencies on Coinmarketcap were examined and if the website of the coin in question specifically mentioned that they wanted to be a means of payment, the coin was included in this investigation. The currencies on place 351–2079 are not included to limit the amount of work somewhat. Maybe there are jewels in between but unfortunately 🙂
Coinmarketcap is only used for the selection method and source of data. No attention is given to the ranking method Coinmarketcap uses. For criticism of that method see this story (Dutch only)

It turned out that 32 coins met the criterion. Most Tokens/coins present themselves as a platform to facilitate other functions and therefore fell outside the scope of this study. The 32 are:

The list is in alphabetical order except for the last two. These coins, the Apollo currency (APL) and the E-Dinar coin (EDR) did meet the criterion but on closer look both coins appeared to have so much ambiguity that they were excluded from participation.
What is striking is that there are also 6 coins participating which are a fork of another coin. Namely BCH, BCD, BTG, BTCP, ZEN, ZCL. Where BTCP is a combination of BTC and ZEC.

Once the list was complete, the specific characteristics of all the coins were searched and placed in a spreadsheet. Then we assessed how the coins score on seven topics that will be discussed below. The different coins are assessed per subject via the scale:
Excellent: 10 punten
Very good: 8 punten
Good: 5 punten
Fair: 3 punten
Poor 0 punten
In addition, the subjects are given a value coefficient by which the score is multiplied. This is done……………….

Please read Full Article here:

Author: Aat de Kwaasteniet
Original link: https://medium.com/coinmonks/which-crypto-becomes-the-new-payment-system-69f95b2d2ec3


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tungfa

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tungfa is responsible for social media communications, and posts both original stories and links to news coverage of Dash from around the web.