Digital cryptocurrencies had a wild ride in 2017. The massive run-up in bitcoin's price generated a mania that spilled over into lesser-known virtual currencies, sparking a larger debate over whether these alternative payment systems are at all valuable to society. I've argued that bitcoin itself isn't, but some constructive criticism is in order.
If bitcoin is largely useless, then what would a useful cryptocurrency look like?
Read More Here: http://theweek.com/articles/745606/case-progressive-cryptocurrency
It should 1. be able to handle at least 5,000 transactions per second, 2. be anonymous while having a transparent money supply and 3. have the option to cancel transactions done in error (wrong adress). This comes to my mind.
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