There's lots of dislike about nano in HN and outside for some reason but on paper it does seem to do well as a currency. https://nano.org
Why do you think that is?
Ask HN: Cryptocurrencies that you think have a bright future?
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Re: Ask HN: Cryptocurrencies that you think have a bright future?
#12None. At least until a sovereign nation decides to ditch fiat for crypto. The first to do that, I bet, will still treat it like fiat and use all the classical monetary policies. So, it'll be crypto in name only.
Eventually, IMHO, Bitcoin will eat all the money in the world, stabilize at something like 10-15 million per. Then it'll just kinda take over as being more trustworthy than any fiat. Of course countries will try to regulate the heck out of it. But, since it has no president of Bitcoin, it'll survive.
Then, we'll have to deal with the knock on effects of a deflationary currency and all that entails.
Re: Ask HN: Cryptocurrencies that you think have a bright future?
#13Re: Ask HN: Cryptocurrencies that you think have a bright future?
#14Re: Ask HN: Cryptocurrencies that you think have a bright future?
#15XLM wants to achieve some goals that are just amazing and it works so well. It is there to convert and send money feeless and fast without even the need to have a XML wallet on the recieving party.
Re: Ask HN: Cryptocurrencies that you think have a bright future?
#16It has a network of academics working on protocols and R&D and even one of the founders of the Haskell programming language.
IOHK is the company building cardano
https://iohk.io/en/team/philip-wadler
PoS consensus protocol https://cardano.org/ouroboros/
They are also one of the few blockchains to use nixos in production
Cardano was founded by Ethereum's co-founder Charles Hoskinson and is a 3rd gen block chain aiming to dethrone Ethereum
Re: Ask HN: Cryptocurrencies that you think have a bright future?
#17Re: Ask HN: Cryptocurrencies that you think have a bright future?
#18Re: Ask HN: Cryptocurrencies that you think have a bright future?
#19Re: Ask HN: Cryptocurrencies that you think have a bright future?
#20> becoming a functional currency None. At least until a sovereign nation decides to ditch fiat for crypto. The first to do that, I bet, will still treat it like fiat and use all the classical monetary policies. So, it'll be crypto in name only. Eventually, IMHO, Bitcoin will eat all the money in the world, stabilize at something like 10-15 million per. Then it'll just kinda take over as being more trustworthy than an…