Better alternative is much needed to bitcoin

in alternative •  7 years ago  (edited)

There is much need of alternative to bitcoin. Digital currency should serve more convenience and cheaper cost service. But bitcoin is suffering from taking more time for transaction and also high transaction fees. These problems are really unsustainable. Though bitcoin has got unprecedented popularity. For better experience in digital world we need good currency to serve massive financial world. As consistently bitcoin is not getting ready for future, I personally feel need of better alternative such as IOTA or BCH,LTC. IOTA recently had some security flaw, but they corrected it. I feel IOTA provide really fantastic experience. IOTA is also has limited supply with infinite scale, transaction fees is also nil. Transaction time is also fast. Even IOTA has convenience in carrying out micro-payment

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i agree but i think its possible to make bitcoin faster and the core might be able to do so , i have heard that even vitalik had offered to help bitcoin .I saw this in a lecture video at MIT Nerdy like that .

New to steemit loving it so far joined as soon as i saw hardfork was cancelled couldn't resist the community you guys are so friendly and approachable cheers guys please shoe me some love since i am new

  ·  7 years ago (edited)

welcome to steemit community....for btc, they are postponing the steps for faster transaction. But other drawback is transaction fees. I don`t know how they deal with. Transaction fees is also great problem with greater adoption