follow us on twitter . like us on facebook . follow us on instagram . subscribe to our youtube channel . announcements on telegram channel . ask urgent question ONLY . Subscribe to our reddit . Altcoins Talks Shop Shop


This is an Ad. Advertised sites are not endorsement by our Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise Here Ads bidding Bidding Open

Author Topic: Dogecoin is a dud because it lacks competitive advantages?  (Read 1021 times)

Offline Mahindra

  • Legendary
  • *
  • *
  • *
  • Activity: 1203
  • points:
    24881
  • Karma: 38
  • Bitcoin 💲
  • Trade Count: (0)
  • Referrals: 1
  • Last Active: February 05, 2024, 08:26:15 PM
    • View Profile

  • Total Badges: 21
    Badges: (View All)
    Third year Anniversary Second year Anniversary 10 Posts
Dogecoin is a dud because it lacks competitive advantages?
« on: July 03, 2021, 05:24:04 PM »
In the eyes of Dogecoin optimists, their meme coin is the future world's currency. They believe they're getting in well before broad-based adoption occurs. But there's one glaring problem with their thesis: The "people's currency," as Dogecoin came to be known, has absolutely no competitive advantages.
Dogecoin "hodlers" (holders of the token) regularly point to its lower relative transaction fees to the Big Two in crypto, Bitcoin and Ethereum. But that overlooks the other side of the equation. A number of other popular cryptocurrencies charge a fraction of what Dogecoin does per transaction (or perhaps nothing at all). In no particular order, these include: Nano, Ripple, IOTA, Bitcoin Cash, Bitcoin SV, Ethereum Classic, DigiByte, Qtum, Monero, Dash, Cardano, Stellar, and Litecoin; the list goes on, but we'd be here for a long time if I continued.
If Dogecoin's transaction fees aren't an advantage in the crypto space, then it must have an impressive validation and settlement time, right? Nope. Nano, Ripple, and Stellar, just to name a few, validate and settle transactions on their respective blockchains in a matter of seconds. information more
Mahindra

Altcoins Talks - Cryptocurrency Forum

Dogecoin is a dud because it lacks competitive advantages?
« on: July 03, 2021, 05:24:04 PM »

For Monthly biddings Check Here


 

ETH & ERC20 Tokens Donations: 0x2143F7146F0AadC0F9d85ea98F23273Da0e002Ab
BNB & BEP20 Tokens Donations: 0xcbDAB774B5659cB905d4db5487F9e2057b96147F
BTC Donations: bc1qjf99wr3dz9jn9fr43q28x0r50zeyxewcq8swng
BTC Tips for Moderators: 1Pz1S3d4Aiq7QE4m3MmuoUPEvKaAYbZRoG
Powered by SMFPacks Social Login Mod