Advantages of altcoins ? - page 17. | Bitcointalksearch.org

erichall

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Quote from: ulum5 on July 21, 2018, 09:01:21 PM

for Ethereum altcoin (ETH): Specially designed to be an open smart contract. Transactions conducted in blockchain can execute a smart contract in various ways, for example by sending a digital currency or data to the contract address. If successfully executed, the smart contract can process more transactions or execute other smart contracts. Ethereum Virtual Machine (EVM), is a software that developers can use to create applications as easily as creating crypto-based transaction applications. With the concept offered, developers do not have to create and manage their own blockchain.

This is a good example of a coin being used for both a currency and a token of value representing a particular function, ie, smart contracts.

erichall

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They are more volitile, although that can also be a disadvantage.

They represent really neat business projects and act as a hybrid between stocks and currency. Unlike stocks which can't be used for anything other than representation of the business, a lot of Altcoins can be used for actual purpose beyond business representation.

camryku

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Quote from: V. J. Meyer on June 01, 2018, 05:31:57 PM

Quote from: Jazvebtc18 on June 01, 2018, 05:14:54 PM

Quote from: cryptomonotize on May 21, 2018, 12:49:25 PM

What advantages do altcoins have that differs it from bitcoin ?

This are the some advantages ofor altcoins.Tackling Inflation Rates: Fiat currencies are subject to constant devaluation. Lots of people have started stocking up on Altcoins in segregated accounts because real-life financial crisis does not affect their value in a negative way.

Altcoin is increasingly emerging in the cryptocurrency market and bringing a lot of innovation. The advantage of altcoin is that it is formed later, so it is often used in the most advanced technology to serve a certain area, the value of the altcoin is usually low, it is an opportunity for investors can Choose for yourself the potential projects for long-term investment.

there are many advantages of altcoin and so now many people are investing in altcoin and waiting for altcoin prices back good and stable and already many people who start investing in Altcoin because altcoin itself has benefited many people and in altcoin many promising altcoin

rainezerr401

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Quote from: cryptomonotize on May 21, 2018, 12:49:25 PM

What advantages do altcoins have that differs it from bitcoin ?

In my own opinion, there is a huge advantage for altcoins because of the platform that is created by the developers but it was also its disadvantage if the project failed to market the coin.

duchaitp

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A very good question. I also thought about this and found that altcoin has some advantages but also has disadvantages. Currently there are too many altcoin so I am also very confused when evaluating them.

ityandsyn

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Quote from: cryptomonotize on May 21, 2018, 12:49:25 PM

What advantages do altcoins have that differs it from bitcoin ?

Many altcoins have different purpose from Bitcoin, although there are few have similar and that is the reason that will not hit the market, because Bitcoin was already established its popularity, but for some altcoins with different purpose,it has really an advantage since it has a especial function of its own and also it's cheaper than Bitcoin.

yugyug

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There are lots of advantage of altcoins versus bitcoin and here are the list of its advantages :

- consensus flexibility they can switch from pow consensus to pos consensus like the plan of ethereum
- low transaction fee
- easy token creation ERC-20 is the most popular
- cross-chain multiplatform blockchain linking KOMODO has developed this kind of project
- faster transaction speed -UNIVERSA claims that it can process upto 50k/tps.

voltesbazooka

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Quote from: cryptomonotize on May 21, 2018, 12:49:25 PM

What advantages do altcoins have that differs it from bitcoin ?

I would say the main advantage of altcoins over bitcoin is the potential opportunity for altcoins to provide so much profit in comparison to a little bit more stable coins like ETH and BTC. It's mainly on the profitability.

ulum5

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for Ethereum altcoin (ETH): Specially designed to be an open smart contract. Transactions conducted in blockchain can execute a smart contract in various ways, for example by sending a digital currency or data to the contract address. If successfully executed, the smart contract can process more transactions or execute other smart contracts. Ethereum Virtual Machine (EVM), is a software that developers can use to create applications as easily as creating crypto-based transaction applications. With the concept offered, developers do not have to create and manage their own blockchain.

apityeh71

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For each altcoin try to give more advantages and benefits for crypto community. They want to solve problem in crypto space right now like scalability issue. Altcoin already changed many financial of people by given alot of profit. Also many altcoin give advantages for many industry.

chaoscoinz

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Quote from: cryptomonotize on May 21, 2018, 12:49:25 PM

What advantages do altcoins have that differs it from bitcoin ?

The entire inception of Bitcoin was to be a proof of concept for others to freely use, in order to construct their own variations and modifications of the source code, hence the project being open source. Bitcoin was practically made to be copied and reconstituted into the many altcoins you see as of today.
Bitcoin 2.0 will most likely emerge from the conglomeration of several protocals of existing Blockchains, as well as from innovation. Not only will Bitcoin 2.0 most likely solve all the issues plaguing the first platform, it will probably do a few more neat things as well!

Xomeriyan

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Altcoins are arriving in an undeniable go down group with such a large number of solid administration and guides on it. The new ICO's are the case of the most recent innovation and the groups behind those undertakings. Altcoins for the most part reflect Bitcoin fix in cost however few A;tcoins are out performing despite the fact that Bitcoin cost is dying.

Cwyaalim

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There is a broad assortment of assortments between altcoins. The trade costs, trade times, flexibility, can contrast. In like manner, a couple of coins don't use a square chain which could have a couple of points of interest and furthermore a couple of disservices. There are furthermore altcoins that are planned for specific limits, for instance, stages for tokens, web of things, mining, security, et cetera. I think these assortments are fundamental since they fill various requirements.

shaonirfan

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Bitcoin is now a very valuable coin. Besides only bitcoin is not enough for trade. Altcoins are helping in trading

manjit123

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There is an extensive variety of varieties between altcoins. The exchange expenses, exchange times, adaptability, can differ. Likewise, a few coins don't utilize a block chain which could have a few advantages and also a few disadvantages. There are additionally altcoins that are intended for particular capacities, for example, stages for tokens, web of things, mining, security, and so forth. I think these varieties are essential since they fill diverse needs.

eekkaa

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actually the benefits you can get from buying altcoin and have altcoin very much, you can enjoy keitka altcoin prices rise and not only that altcoin also has a price that is still very cheap so suitable to buy as much as you can.

fritzvillarin

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Since Bitcoin was the first ever crypto and has flaws, altcoin was created to be better than Bitcoin. In terms of prices, altcoin is much cheaper compare to BTC.

tanjiran

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The first thing to think about is the cheap price. The intensity of price changes is also high, so it can be used for profit taking spread. In addition, altcoin opportunities to pump quite a lot, especially if there is good news related to the coin.

ToddDiaz

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Specifically their low prices. It makes easier or cheaper to buy and invest in, while bitcoin on the other hand is relatively too expensive and so many people are with the opinion that it has already reached its ATH and might not get to that again or exceed it. So, it's better for them to buy and invest in altcoins which have more prospects of them making more profits.

Kirmalew

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Most of them have a heavy technological innovation component and can be considered as a second generation of coins, much changed from bitcoin.

Topic: Advantages of altcoins ? - page 17. (Read 2566 times)