Topic: Advantages of altcoins ? - page 13. (Read 2642 times)
Altcoins can give you a much larger profit than Bitcoin, and they also solve much more real world problems. They have developers where you could talk to. And lastly, most of them have physical stores.
I am stunned at the sort of altcoin on the grounds that this kind of exchange is mysterious and quick. Altcoin writes are extremely different and have their individual points of interest.
main altcoins advantages are:
1) Built in VM, allowing to make complicated smart contracts (allowing transparent ICOs, DEX, games, etc etc)
2) Fast transactions = high TPS output. You don't need to wait 5-180 mins for just 1 BTC confirmation (ok, it's 10 min average blocktime
)
3) Anonymity code implementation, built in (Monero, Zcash etc)
Good altcoin is developing much faster than BTC IMO...
1) Built in VM, allowing to make complicated smart contracts (allowing transparent ICOs, DEX, games, etc etc)
2) Fast transactions = high TPS output. You don't need to wait 5-180 mins for just 1 BTC confirmation (ok, it's 10 min average blocktime
)3) Anonymity code implementation, built in (Monero, Zcash etc)
Good altcoin is developing much faster than BTC IMO...
I think the main advantage of altcoins is the price per transaction. Altcoins transfer is much cheaper than bitcoin.
Altcoins can give you a much larger profit than Bitcoin, and they also solve much more real world problems. On this, the advantages of altcoins before Bitcoin end.
Many may know the advantages of cryptocurrency. however, briefly in my opinion, crypto can make this world better. It will make the world better in enhancing the technology, earning the money easily, developing online business and investment system, and other things related to payment and transaction methods. The difference advantages of the altcoins from the Bitcoin are likely they hold more advanced technology and concept behind the coin project.
What advantages do altcoins have that differs it from bitcoin ?
Altcoins has platform which you can lean on to progress in the future unless bitcoins that is only depending on the peoples demand but obviously, the progress will be still depending on the developers work.
What advantages do altcoins have that differs it from bitcoin ?
Altcoins has platform which you can lean on to progress in the future unless bitcoins that is only depending on the peoples demand but obviously, the progress will be still depending on the developers work.
What advantages do altcoins have that differs it from bitcoin ?
For my own opinion bitcoin and altcoins have no differences, they both have advantages and disadvantages. Some says that altcoins has faster transaction speed but sometimes bitcoin is faster depending on the network. Some says bitcoin has high transaction fees, maybe because it has high value also.
Bitcoin has 2 main problems - the speed of transactions and the scalability of the network. In this case, bitcoin is very reliable, which is its huge advantage over the altcoins. Any of the altcoins solves only one of the problems of bitcoin, while the reliability of the network always suffers. The market will get a new impetus to development, when there will be a crypto currency that solves at least one of the problems of bitcoin, while remaining the same reliable.
Investing on hype altcoin is one of best way to make profits in short time period in cryptocurrency market. But there is a risk than investing on bitcoin or ethereum. Because of unstability of price of altcoins. Therefore If you can get your own risk in investing, you can make instant profits by altcoins.
It depends on what you want, Bitcoin is only suitable for long-term investment, patiently holding, you will get a lot of benefits from Bitcoin, but altcoin is suitable for short-term investment, thrown at the high point of the currency price, from Get a lot of money quickly,
Altcoin is much cheaper, faster, cheaper transactions . Altcoin can make money much faster
I'm not sure one hundred percent but I believe that some altcoins have a better technology than bitcoin. But bitcoin is much more popular than all altcoins and it is more trusted. This means that bitcoin will always cost more than altcoins. But I think that Ethereum will become the main coin someday.
The first thing that immediately comes to mind is smart contacts. Ethereum was first. Now any blockchain has them. And bitcoin has remained a digital gold or just a means of accumulation.
Yes, the altcoin usually has a higher margin of upside. Usually I don't need to invest too much money, but it will make me profitable, and although Bitcoin is stable, I usually only have double. Or about three times the profit
Altcoins have the benefit of experience. Bitcoin was the first and therefore issues that have arisen, such as ASICs, weren’t thought of. Altcoins, on the other hand, can see where Bitcoin is going wrong and change their coin to prevent that from happening.
We all know bitcoin has a transaction time of over ten minutes on average. And this can take several hours in cases thanks to its very low block size. Altcoins like Dash and Ripple have successfully overcome this problem and has a clear advantage over bitcoin at this point.
There are many projects who's source code undergoes significant and fundamentally important changes, after which the community gets a completely new product with wider application possibilities. Such altcoins step by step move the process of decentralization, become a kind of research base for brave experiments on the creation of unique crypto-currencies with properties that are not available until recently, and also create worthy competition to bitcoin, stimulating its development.
Even if Bitcoin continues to be the most valuable cryptocurrency, there may be room for altcoins to serve some other niche and hence may not be bad bets in their own right.
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