A true Cryptocurrency must start with the fundamentals...based on principles of the
highest order. What would a true cryptosystem look like if it had everything in it from
the beginning?
Some suggestions for inclusion I've read, in no particular order:
An authenticatable mechanism for true open market price/value
discovery.Vertical integration of all key elements in transaction chain,
creating a stacked margin or flywheel effect. Cross-pollinating profit
centers. Solid and diverse uses case.
Perpetual Self-Funding of protocol development. Community
auditable high-value income producing assets, driving price/value
appreciation utility/fungibility. Leverage Existing Communities,
Developers, Publishers, Payment Providers, and Merchants to
Drive Value, Utility and Fungibility.
The Flywheel model produces these benefits without
relying on Network Effects or Economies of Scale at the
outset (think Amazon, Walmart, Atlassian).
IMO, Although Bitcoin, Ethereum, et al., may be Directionally
and Conceptually Correct, they are far from being Complete
Monetary Eco-System Solutions. The Monetary Eco-System and
Cryptocurrencies that will Ultimately Succeed, Have Not Been
Visioneered, Engineered and Brought to Market, Yet...