Why You Should Beware the Altcoin Rebrand

Why You Should Beware the Altcoin Rebrand

While Union Square Ventures, Coinbase, and blockchain pundit William Mougayar are quick to herald in the age of the appcoin model of software design, no one has yet sat down and taken an honest and sober look at the proposition of these coins and their impact on product development incentives. The exuberance of finding new software paradigms in the space seems to be drowning out any measurement of past lessons that have been learned, and cogent examination seems to have fallen to the wayside. Fortunately, we do have similar development models that have preceded these new initiatives, and,....


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