One of the more powerful features that we’re building into Yen is the ability to “imitate” or “copy” a transaction that you believe is a good one.
This is actually more natural than you might initially think as most of our decision making is actually based on our real social networks and our circles of trust instead of deep technical due diligence or research.
For instance, you didn’t buy that _____fill_in_the_blank_____ because you thought it was the ____insert_superlative_here____ … you bought it because a friend or trusted person recommended it to you, right?
We wanted to build this type of behavior natively into Yen so that you (and your network) can make the best cryptocurrency transactions possible, at the right time.
One widget that we’re playing around with is the ability for you to see what the most “imitated” or “copied” transactions might be in different groups within your social network. Wouldn’t it be neat if you could see not only the most copied but also the highest performing based on real price data?
That would be pretty freakin’ cool.