Do we Need Altcoin?

[ORiN]

In altcoins things that are not in bitcoin are realized, it is possible to say the improved version of bitcoin according to the developers. For example, Dash implemented a two-level system based on the masternode  which opens up wide possibilities. In Zcash realized anonymity.
There are other altcoins in which only some constants, a name and a logo have changed, some live and thrive for example Litcoin and Dogecoin are still listed.

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[cryptabixx]

Yes we do, variety and choice is the key to most healthy systems, it reduces corporate complacency and increases productivity. Altcoins also solve many of the general and industry-specific issues that the one-size-fits-all bitcoin and it's forks are struggling with. There is also the fact that people are drawn to altcoins as an alternative after so much bitcoin dominance, as the prevailing thought is that bitcoins 'day is done' (it's not) but that's the psychology that has underpinned the shift to altcoins.

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[mjaw]

I think altocoins are good for the technology to improve and new use cases for blockchain.

[Peter Murr]

I think that we do. We can see it through the tendecy of blockchain involving in each sphere. Banks, trades servises even education is swithcing to blockchain platform. UThere is oroject called teachmeplease. And I was impressed knowing that they are planning to reform edu system. So, I think that we need alcoin for sure to support this changings)

[Ryanpogi]

for my opinion, altcoin is beautiful. but if you're in that bitcoin and you trust them you'll stay, now the bitcoin is bigger now. thanks.

[ransow72]

Yes, sure we need altcoins.The market is widely spread when new altcoins arrive.When you get new, you know the old stuff.

[bizonglimang]

I think we need them becasue they can help us make more money. With them, we have more choice and opportunities to earn more money with our save. So they are good.

[aizen10]

of course yes. we really need an alternative coins for more better options. even though there are so many option to choose who fix us up. having an alt coin is reliable to have. for example if the altcoin we really been choose before as a chosen one, got has any problem/issue in the future, how can you fix it up if even the DEVs cant find any solution for it, or just they run away. altcoin is an another ways to earn profits.

[MP4]

Altcoin are potencial patent on blockchain. People relize that bitcoin has not potencial, it is first, decentralized, and everything is in connection with it.

[aiza2007]

 In my opinion its good that there are so many altcoin because there is  competetive environment and it causes to compete each others, wich will develop altcoin.

[watchurstep45]

There are Bitcoin, and also there are Bitcoin Cash and Bitcoin Gold and B2X that we use it as an altcoin, but do we still need other altcoins? as i knew in the forum on the altcoin section there are much announcement about new altcoins almost everyday. do we still need that altcoins?

yes alernative crypto coins is very important .it takes great impact and lure morr investor that can help boost the popularity of bitcoin. its is important to have alt coins inorder to trade and to gain more profit.

[yunuzov]

Well of course alt coins are needed. You might be thinking coins as a currencies we have for countries but they are completely different. Each coin designed to have its own use so we need all alt coins that can make life easier for us crypto users.

[wanderloy]

Yes, we need altcoins. Each and every coins have their own visions. Theu have their own reason of existence and those reasons may mean solving the problems we encounter in different aspects. But not all coins are good for every one. Each coins have their own specific target market or investors because not all of us share the same exact problem.

[DMiracle1]

The word “altcoin” is an abbreviation of “Bitcoin alternative,” because at least to some extent, most altcoins hope to either replace or improve upon at least one Bitcoin component. Altcoins are an intriguing facet of the cryptocurrency landscape. They serve an important role. Decentralization is one of Bitcoin’s most prominent goals, and altcoins further decentralize the cryptocurrency community. Moreover, altcoins allow developers to experiment with unique features. But most importantly, Altcoins give Bitcoin a healthy competition. Altcoins give cryptocurrency users alternative options. We can always adopt altcoin, if in any way we feel that bitcoin is too much to handle.

[Semosuchi Tesongrato]

Of course we need them.
Bitcoin has big limitations, and some structural problem, as anyone here knows.
So, it seem to me normal that there are offers for alternative coins.

[XCANA]

Op, many of the altcoins exist or come into existence because yhere is a believe that are lag in some of the existing coins and that was the reason. Though some of the originator introduce new altcoins as an investment opportunities that they eant create something different and make money at the end of the day from their investment.

[CONTRACT]

Of course you need, maybe not in the amount in which they appear at the present time. Some time will pass and weak projects will be cut off by themselves, will remain strong with really unique ideas and useful for the crypto world and people.

[jakaKak]

There are Bitcoin, and also there are Bitcoin Cash and Bitcoin Gold and B2X that we use it as an altcoin, but do we still need other altcoins? as i knew in the forum on the altcoin section there are much announcement about new altcoins almost everyday. do we still need that altcoins?

We need like 1/10 of all the altcoins but we need them. For example if there wasnt ethereum, there wouldnt be Bitcoin cash and other forks since there wouldnt be much to change.
Plus there a lot of useful projects behind some altcoins.

[Raymonds]

I always wanted to know this question, so many altcoins now, do we need so much altcoin? Or is it mostly just hype? I never understood what these altcoins did.

[g0rlitzer]

The word “altcoin” is an abbreviation of “Bitcoin alternative,” because at least to some extent, most altcoins hope to either replace or improve upon at least one Bitcoin component. Altcoins are an intriguing facet of the cryptocurrency landscape. They serve an important role. Decentralization is one of Bitcoin’s most prominent goals, and altcoins further decentralize the cryptocurrency community. Moreover, altcoins allow developers to experiment with unique features. But most importantly, Altcoins give Bitcoin a healthy competition. Altcoins give cryptocurrency users alternative options. We can always adopt altcoin, if in any way we feel that bitcoin is too much to handle.

That's right, specifically i guess that different consensus algorythm may lead to best "proof" practices ( as PoW, DPoS and so on..) in order to create and check many suitablest consensus systems for the industries concerned ( wether coin transactions require randomness in computing, some other may better fit a hierarchic distribuited system as plutocracy or pyramidal one)