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Favorite coin (lemmy.world)

submitted 1 year ago by Divus@lemmy.world to c/crypto@lemmy.ml

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So other than Bitcoin and Ethereum what are your favorite coins? Or are you a maxi and everything else is a shit coin?

The longer I hold the more I stop diversifying myself.

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[–] qprimed@lemmy.ml 2 points 1 year ago

gonna throw out a nice generic statement.

any PoW chain that...

had a fair launch
is actively developed
is algo dominant
supports reasonably solid privacy
is widely accepted as MoE/SoV

is a good option.

bonus points if it...

is "light" on chain storage requirements
has reasonable on-chain scaling possibilities
has a quantum fail-safe

as for specific projects, LTC, BTC, XMR are all interesting because they hit various combinations of the above, with LTC being the most interesting to me.

I am looking for a fiat replacement, not an "investment". I need that replacement to be simple, reliable and absolutely solid.