Have we overlooked the many potentials of altcoins?

[Wiwo]

A lot of times we have been down so much away from the role altcoins play in the cryptocurrency industry,  because there is no doubt the fact that many times,  we have come face to face with issues and challenges that make us to look for an alternatives,  and which is the reason for altcoins creations already,  such as fees,  congestion and speeds.

These have been most of the challenges that we face in the cryptocurrency industry with majority of the time our preferred coin may face network issues and we need to look for alternatives,  this has made it very important for us to discuss the best possible means to make use of altcoins as alternatives when there be network crisis.

What are the best coins to use at a time when there is network congestion in the main meme pool?

[Dr.Bitcoin_Strange]

What are the best coins to use at a time when there is network congestion in the main meme pool?

We can use litecoin, BNB, TRX, Matic , at least these are coins that I know have a low transaction fee.

[electronicash]

there have been no issues with SOL so far since its last which was more than 2 years. this is by far one of the best alternatives. but i have to agree it's BNB that is quite dominating since ETH also has congestion and high fees. since the time the fees for sending USDT TRC20 had increased, i have not used it already but USDT BEP20 is cheaper and fit for stablecoin payment.

for altcoin potential, i agree with the above about Polygon.

[o48o]

A lot of times we have been down so much away from the role altcoins play in the cryptocurrency industry,  because there is no doubt the fact that many times,  we have come face to face with issues and challenges that make us to look for an alternatives,  and which is the reason for altcoins creations already,  such as fees,  congestion and speeds.

These have been most of the challenges that we face in the cryptocurrency industry with majority of the time our preferred coin may face network issues and we need to look for alternatives,  this has made it very important for us to discuss the best possible means to make use of altcoins as alternatives when there be network crisis.

What are the best coins to use at a time when there is network congestion in the main meme pool?

If we ignore all their other issues and benefits, and use them purely for sending value, then Eth layer 2 like Polygon, Optimism and Arbitrum. And i am not talking about those tokens but usdt send via those networks. Then there are obviously BNB and i've been sending SOL lately as it's accepted widely. But i am guessing if they shut down their network once again, it will crash in value pretty hard. XRP and Litecoin used to be main answers to these and i guess to some they still are, as i know some people want o avoid L2 and stick with the decentralized choices with fair distribition like LTC.

But i am not sure who exactly is overlooking these, especially in altcoin discussion. I think they are more over hyped then ever.

[EarnOnVictor]

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What are the best coins to use at a time when there is network congestion in the main meme pool?

I have never underestimated the importance of altcoins and I have never let Bitcoin blindfold me the way it does some people. The truth is that I face reality, if it is good, I will say it, and if it is bad, I will say it. It is no news that the way Bitcoin is structured has not helped it for improvements, so there is no way altcoins that are being created and structured in such a way that will allow more scalability and operation better than Bitcoin will not supercede it when it comes to core operations. Many of them will complete a transaction in less than 3 minutes, so you can't compare at all, even for investment opportunities.

That said, you will hardly see altcoins that are among the top ones that will be more than $0.4 in transaction fees with an average of 5 minutes of speed. I think this is a fair deal enough, not to talk of some that will complete your transfer within seconds. Specifically, I have used, Dogecoin, Litecoin, Tron, Shib, Mana, Solana and Cadano for transactions, and all are good and I never noticed any glitches whatsoever. They should be good alternatives should there be congestion in one or some other coins/tokens.

[criptoevangelista]

It depends on what you want to use it for, could you explain?

if you are using ethereum, use the second layer solutions. Perhaps the profitability of the activities is lower, but the usability is practically the same.

[Wiwo]

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What are the best coins to use at a time when there is network congestion in the main meme pool?

I have never underestimated the importance of altcoins and I have never let Bitcoin blindfold me the way it does some people. The truth is that I face reality, if it is good, I will say it, and if it is bad, I will say it. It is no news that the way Bitcoin is structured has not helped it for improvements, so there is no way altcoins that are being created and structured in such a way that will allow more scalability and operation better than Bitcoin will not supercede it when it comes to core operations. Many of them will complete a transaction in less than 3 minutes, so you can't compare at all, even for investment opportunities.

That said, you will hardly see altcoins that are among the top ones that will be more than $0.4 in transaction fees with an average of 5 minutes of speed. I think this is a fair deal enough, not to talk of some that will complete your transfer within seconds. Specifically, I have used, Dogecoin, Litecoin, Tron, Shib, Mana, Solana and Cadano for transactions, and all are good and I never noticed any glitches whatsoever. They should be good alternatives should there be congestion in one or some other coins/tokens.
[/quote]that the fact the thing is that,  when it comes to scalability of the industry,  altcoins have done more in that directions more than bitcoin and the reason is that bitcoin is structured in such a way that it is hard to develop or implement a change without passing through all the procedures for that to happened,  which is why altcoin becomes best for an alternative.

Riding on the weaknesses of Bitcoin to provide better service and alternatives that will aid the scalability and usability of the cryptocurrency industry is one very best features of altcoins and the reason why we must search out the good gems among the altcoins that can provide us that service as alternatives in time of needs.

[Belarge]

there have been no issues with SOL so far since its last which was more than 2 years. this is by far one of the best alternatives. but i have to agree it's BNB that is quite dominating since ETH also has congestion and high fees. since the time the fees for sending USDT TRC20 had increased, i have not used it already but USDT BEP20 is cheaper and fit for stablecoin payment.

for altcoin potential, i agree with the above about Polygon.

Stablecoins are fit for payment, they're cheap in price and most importantly, they don't follow the market to make emphasize on the pump and dump season, they're just stable and dormant in movement. We shouldn't be concerned about the fluctuating run of the market, we know how volatile it have been. We go for the coins, mostly stablcoin that has stable network fees and not the memecoins that doesn't stand solid. I preferred using USDT for my crypto transactions, it do served important purpose and helps our crypto transactions to become faster than expected. The high fees are costly and there's certainly no way we would have been able to continue our crypto transactions with these high fees.

[Bushdark]

There are many potential altcoins that we don't know because we think that investing in a single altcoins is the best which is not so.
There is money in cryptocurrency especially holding reliable coin or meme for a limited time after we have made some profits from them.
We don't need to be stressing ourselves or relaxing holding a single coin because we think that we are going to be comfortable and made some few dollars from the coin project. Making money from the market is not supposed to be hard if we know how to find our way.

[Orpichukwu]

I don't think the use and purpose of altcoins were ever underestimated. The only thing I feel was done real was the fact that most of them are not what they claim to be, and due to their centralised nature, many have been avoiding using them as a result of not getting stocked in between and funds being frozen in their wallets.
 
The high network fee has drawn many back to start using those altcoins for those who seek to still use them over their crypto debit or credit card. It has been helpful, and the fee is still under control, which is still good for business, and for the most part, I think its use will continue.

[Sophokles]

There are many potential altcoins that we don't know because we think that investing in a single altcoins is the best which is not so.
There is money in cryptocurrency especially holding reliable coin or meme for a limited time after we have made some profits from them.
We don't need to be stressing ourselves or relaxing holding a single coin because we think that we are going to be comfortable and made some few dollars from the coin project. Making money from the market is not supposed to be hard if we know how to find our way.

Most altcoins are not good for the long term but if you want to get the most out of a altcoin project then you need to hold for a long term. Matic, Sol-like projects show a meteoric rise and if a short term holder managed to get good entry in its early stages, he would have sold off his gain in 10X but the rise of these coins price was beyond that. Many early investors of matic and sol regrating about their decision to sell their holdings too early. It is not too hard for an experienced crypto investor to realize which coin has the potential to survive in the long run.

[Zaguru12]

that the fact the thing is that,  when it comes to scalability of the industry,  altcoins have done more in that directions more than bitcoin and the reason is that bitcoin is structured in such a way that it is hard to develop or implement a change without passing through all the procedures for that to happened,  which is why altcoin becomes best for an alternative.

You know some of these Alticoins were actually created or developed to solve some of the problems associated many devs feel bitcoin protocol hasn’t addressed. The number one thing is the scalability issue which tends to be a major problem on bitcoin network. One of the reasons why I think bitcoin Devs are reluctant on solving this problem like having to increase the block size is because it will temper with the decentralized protocol on which the bitcoin network is built upon, that’s why we see most Alticoins still been centralized. Not diminishing the importance of Altcoins been a very good alternative for payment but I feel they still do not have much transaction volume like bitcoin and that’s why we see them still very less congested and we thought they have solved scalability problems

[Wiwo]

that the fact the thing is that,  when it comes to scalability of the industry,  altcoins have done more in that directions more than bitcoin and the reason is that bitcoin is structured in such a way that it is hard to develop or implement a change without passing through all the procedures for that to happened,  which is why altcoin becomes best for an alternative.

You know some of these Alticoins were actually created or developed to solve some of the problems associated many devs feel bitcoin protocol hasn’t addressed. The number one thing is the scalability issue which tends to be a major problem on bitcoin network. One of the reasons why I think bitcoin Devs are reluctant on solving this problem like having to increase the block size is because it will temper with the decentralized protocol on which the bitcoin network is built upon, that’s why we see most Alticoins still been centralized. Not diminishing the importance of Altcoins been a very good alternative for payment but I feel they still do not have much transaction volume like bitcoin and that’s why we see them still very less congested and we thought they had solved scalability problems

I quite align with you on the low volume being the reason some of the altcoins networks are less congested at this moment,  because if you have taken steps back to when even other altcoins who are still experiencing high network congestion like Ethereum and other coins reason being that those ones already have some level of high volume and we can see the result of that on there network level of connections,  this have been the result of many of them,  but for now,  as low gem and a perfect alternatives,  those altcoins will continue to be used as an alternatives.

As at this time,  bitcoin is now best for an investment,  which can take a long term to get the best out of it,  but if being so then we can say that altcoins can best be used for daily transactions if they meet that requirement and are readily available at the point.

Of course,  decentralization vs centralization will meet at some point and find a balanced ground to co-exist for the betterment of all.

[JeffBrad12]

just use matic it has known to be resilient enough in overcoming the massive traffic congestion i've always encountered so low fee with matic from my experience despite the fact that there are many transactions going on, the other L2 for now are also just as good OP, Arb,ZkSync all have relatively low fee if compared with the main ethereum blockchain though sometime it might spike, so far I either go for  matic, solana or these L2.
its no brainer when executing smart contract within ethereum as simple as just staking for the sake of following retroactive airdrop become massive hurdle when we need to pay a hundred dollar just for the sake of executing.
still make me wonder to this day why there are so many people are still deploying their smart contract even more so for those smart contract that get interacted a lot, to deploy it in ethereum they could be deploying in other L2 blockchain and get the benefit of cheaper fee but nah. they doesn't seem to be interested in doing so probably because they think by deploying in ethereum they would attract attention of many people and investors.

[Pi-network314159]

What are the best coins to use at a time when there is network congestion in the main meme pool?

For me what I have been using is BNB and tron and it has been of help to me for long now Compare to other crypto currencies

[ShinyStarPrincess]

A lot of times we have been down so much away from the role altcoins play in the cryptocurrency industry,  because there is no doubt the fact that many times,  we have come face to face with issues and challenges that make us to look for an alternatives,  and which is the reason for altcoins creations already,  such as fees,  congestion and speeds.

These have been most of the challenges that we face in the cryptocurrency industry with majority of the time our preferred coin may face network issues and we need to look for alternatives,  this has made it very important for us to discuss the best possible means to make use of altcoins as alternatives when there be network crisis.

What are the best coins to use at a time when there is network congestion in the main meme pool?

I LOST Tao at 69 USD and was a pain in the asn, I am looking for another potential AI that might be the strongest with GameFI and BRC-20 tokens. Another is $NFP that I am accumulating on bitget (for the restrictions on my country) but was heavily listed in other places as well

[wxa7115]

that the fact the thing is that,  when it comes to scalability of the industry,  altcoins have done more in that directions more than bitcoin and the reason is that bitcoin is structured in such a way that it is hard to develop or implement a change without passing through all the procedures for that to happened,  which is why altcoin becomes best for an alternative.

You know some of these Alticoins were actually created or developed to solve some of the problems associated many devs feel bitcoin protocol hasn’t addressed. The number one thing is the scalability issue which tends to be a major problem on bitcoin network. One of the reasons why I think bitcoin Devs are reluctant on solving this problem like having to increase the block size is because it will temper with the decentralized protocol on which the bitcoin network is built upon, that’s why we see most Alticoins still been centralized. Not diminishing the importance of Altcoins been a very good alternative for payment but I feel they still do not have much transaction volume like bitcoin and that’s why we see them still very less congested and we thought they have solved scalability problems

It makes sense for the bitcoin developers to not compromise on that front, because if they were to do so not only the value of bitcoin will plummet, but this will also help the governments to more easily censor it or to more easily get rid of it.

However while the fees can become a problem from time to time, bitcoin enthusiasts are mad this time around as this is not really the result of a growth on the demand of bitcoin, this is simply because those creating ordinals are out of control and this feels more like an attack against the network than anything else, and at least for the time being we need to look for alternatives as moving our bitcoin is too expensive now.

[dansus021]

We can use litecoin, BNB, TRX, Matic , at least these are coins that I know have a low transaction fee.

and all those coins have potential to pump in future, BNB and mAtic itself host a lot of DeFi App and Play to Earn or gamefi and much other and matic launch a new token called Pol  4 of them is cheap in my opinion and can reach last ATH or created a new Ath

[Kelward]

-snip-
What are the best coins to use at a time when there is network congestion in the main meme pool?

I have never underestimated the importance of altcoins and I have never let Bitcoin blindfold me the way it does some people. The truth is that I face reality, if it is good, I will say it, and if it is bad, I will say it. It is no news that the way Bitcoin is structured has not helped it for improvements, so there is no way altcoins that are being created and structured in such a way that will allow more scalability and operation better than Bitcoin will not supercede it when it comes to core operations. Many of them will complete a transaction in less than 3 minutes, so you can't compare at all, even for investment opportunities.

Investors in Bitcoin are so used to it's system that they tend to ignore altcoins and their potentials, if not for the mempool congestion, people won't have ever considered alternatives of credible altcoins. It's true that altcoins that are created and structured in such a way that it allows for more scalability and operation can be better than Bitcoin, and very importantly they guarantee lower transaction fees with speedy transaction times and it truly gives them the edge for being invested in. In the case of congestions it'll be better to choose from credible altcoins as alternative for fast and cheaper transactions.

[Publictalk792]

Sometimes there are too many people who using the network which can make it slow and expensive. This can make it difficult to use the coins we like. So it is a good idea to look for other coins that can work better in these situations. When we have a lot of people who using the network and it becomes slow and little expensive we need to think about using different coins. Some coins like Ethereum Binance Coin and Cardano have strong and scalable networks they can handle a lot of transactions. These coins are good choices when the network is busy.
Ethereum also have higher fee so we can skip this others are better.
And it is an individual decision that which network you are using or should use. Because every network has its own benefits.