Post
Topic
Board Bitcoin Discussion
Re: Crypto faster & cheaper?
by
Englebabylove
on 04/04/2018, 15:53:24 UTC
Bitcoin fees are higher than any other coin. This is due to a lack of scalability and thus high mining fees, which also effects transaction speeds. Ethereum and LiteCoin have much lower fees and send much faster. XRP is cheaper and faster than that. IOTA is free but their wallet is not quite up to par yet. This market is still very young and growing. Eventually these issues will be worked out. But the great thing about competition is that you can choose which method you want to use. And if you’d rather stay in the fiat world you’re free to do that as well.
Yes, there are a lot of good altcoins now, they're trying to replace bitcoin, but I don't think there's a altcoin that can replace bitcoin. Although these COINS in technology has transcended the COINS, but the bitcoin over the past few years to get the welcome of people around the world it is not only reflected in the price of the technology, also reflected in people's recognition