It is my understanding that
1 bitcoin = 100,000,000 satosi units
That's trillions of units. So what is the point of bitcoingold, bitcoinsilver, bitcoincopper, litecoin etc etc. Why is all this happening and where is the value. It starting to look like what the Fed does with money printing.
Forget the subject of smart contracts and lets focus just on a currency. Why do we need anything other then just the bitcoin block chain?
There are so many factors that count actually. If you look at them closely enough, they are not totally similar projects although there are large similarities in some. Litecoin, for example, is essentially a copy of Bitcoin. However, the Litecoin team is also installing upgrades and updates that are peculiar to Litecoin alone. And then in terms of transaction fees as well as confirmation time and stability in value, they vary very much. That is why there are always other options.