Author

Topic: The Future of Altcoin and tokens? (Read 70 times)

full member
Activity: 926
Merit: 100
February 06, 2018, 03:18:05 AM
#3
Recently I started browsing the altcoin section, and its seems that there is an increasing amount of altcoin or tokens that serve different purposes. So i've been thinking, if the majority of these coins become successful, and people use different coins to buy different product and services, doesn't this make everything more complicated? Since whenever you buy something you need to first switch to a specific coin or token, and this incurs transaction cost and slows down the process, defeating the purpose of using cryptocurrency.

now a lot of startup that develops its product with cryptocurrency and cooperate with blcokchain by holding samart contract more and more people make token and altcoin it shows that they have understood the advantages of using cryptocurrency so I hope this is the first step from the beginning of the glory of cryptocurrency.
jr. member
Activity: 532
Merit: 1
February 06, 2018, 03:13:45 AM
#2
Some coins have much fewer transactions fees than others some don't even have a transaction fee and some coins are just tradable on their own platforms.
newbie
Activity: 26
Merit: 0
February 06, 2018, 03:07:34 AM
#1
Recently I started browsing the altcoin section, and its seems that there is an increasing amount of altcoin or tokens that serve different purposes. So i've been thinking, if the majority of these coins become successful, and people use different coins to buy different product and services, doesn't this make everything more complicated? Since whenever you buy something you need to first switch to a specific coin or token, and this incurs transaction cost and slows down the process, defeating the purpose of using cryptocurrency.
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