BTCr fulfills most standards for me and gets a good score in my book after researching and studying about the project. In today's world of bad currency values affecting most countries with depreciation hitting some country currency to it's all time low we could see for sure and appreciate the vision of Satoshi Nakomoto. The goal behind Satoshi invention was to get prepared for times as this where the real currency comes to take it's rightful place.
The real currency is the currency backed by the community, so far no currency in the world have such support and backing of the community like the bitcoin, the cryptocurrency as a whole. Government and financial institution can not mint the bitcoin currency at their pleasure or even when they feel like which is what of the many problems Fiat currency have which invariably also have make it lost its value.
Bitcoin impact is felt across the world countries like Turkey, Venezuela the USA where recently due to the huge inflation rate of the boliviar for Venezuela has caused the population and even the government to switch to a cryptocurrency themed solution with Turkey recently making such moves also.
Does Bitcoin really fulfill its original aim?
No! Wait I will explain better. The total supply of Bitcoin stands at 21,000,000 for life i.e there can't be further minting of new coins, why this may seem cool in a short term in doesn't go well for long term purposes simple reason is the fact that the coin is in the hand of few wealthy individuals who have every power to manipulate the market as seen in today market as bitcoin is still struggling around the $6000 mark.
The process of generating new coin is minting and are carried out by miners who also secure the network in turn and execute transactions in the blockchain. Such important roles are carried out also using the ASIC miners controlled by 2 big companies Bitmain and Bitfury that have the capabilities of unleashing a 51% attack on the network, seizing control if it ever happens.
The high cost of mining on the other hand makes it unattractive to mine for those willing to get into mining of the coin. Recently there have been concerted efforts towards reduces the waste of mining and high energy impact as well but if this problem will go for good then there is a need for a fork.
BTCr - The much needed solutions to the problems
Supply: The total supply of BTCr coins will be 10 billion of which 100 million coins are already mined and in circulation in its ICO, this will give a lot of room and opportunity for a lot of people to hold the coin as opposed to some few persons with the case of bitcoin.
Mining: BTCr will be a hybrid network of Proof of work and Proof of stake having worked tirelessly on the research of mining process and have concluded with the updated technologies. It will be among the first coin in the history of Crypto Hub which will be using Proof of stake. ASIC- resistant approach will aim the network not exposed to any real attack in the nearest future
Energy: BTCr is aiming at cutting down the value of power used to a great level where it doesn't cost much and a great control on environmental impact a move Bitcoin Green proposed
BTCr is one of the best coins for the transaction purpose of businesses currently supported by 195 countries. Around about 400000 transactions can be done per second in BTCr which is a huge deal comparing 7-10 TPS of the bitcoin fact is that the team is securing these transactions/data with the most updated method.
Source: http://bit.ly/2Lop27P
The algorithm used in PoS is Quantum resistant and the algorithm used for PoW is ASIC-resistant. ASIC-resistant is a software that is an alternative of mining machine; BTCr miners uses ASIC software in the mining process as it is very efficient. Quantum resistant use BTCr for securing the public-key algorithm.
