I think you've pretty much nailed it with those two categories. Part of the reason you see so many claims of technological superiority over Bitcoin is these claims pump up the price, helping a developer who is more in it to get rich quick.
Assuming you're only willing to use open-source coins (like most of us), any must-have features will eventually make their way into the Bitcoin main branch. I think Zerocoin is a good example; it's a very innovative idea, but it seems most Bitcoin users would rather watch it tested on an alt coin before merging new cryptography into the main project.
Topic: Why do people create new alt coins? - page 2. (Read 1396 times)
Why do people create new alt coins?
I have nothing against them, just curious.
Creating and maintaining a new alt coin is a lot of work! So why?
I realize if you mine the first block and keep mining you can get a lot of coins.
But wouldn't it be the same to just support from the beginning a newly created coin?
I'm sure several coins are created because the authors truly believe their coin has a huge advantages over the rest. They want to give something better to society.
But I can't believe this is true for all alt coins, or even most alts.
Thoughts?
I have nothing against them, just curious.
Creating and maintaining a new alt coin is a lot of work! So why?
I realize if you mine the first block and keep mining you can get a lot of coins.
But wouldn't it be the same to just support from the beginning a newly created coin?
I'm sure several coins are created because the authors truly believe their coin has a huge advantages over the rest. They want to give something better to society.
But I can't believe this is true for all alt coins, or even most alts.
Thoughts?
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