In any ecosystem, be it in nature or business, there is always a competition. And most often than not, the best always rises to the top. And here in our crypto ecosystem, a competition do also exist. Between Bitcoin and Altcoin. We all very well known that bitcoin, being the first and most proven cryptocurrency already took the center stage in crypto market. Now that altcoins came into the picture, where does it really stands? What will be the selling point of altcoin that will eventually led the bitcoin enthusiasts to finally switch places?
Bitcoin is the first crypto and is regarded as the master of all crypto by many. It is without any doubt, the most popular crypto and is also the crypto with widest acceptance. But nothing in this world is perfect including Bitcoin. It has various flaws like more time for transaction confirmation and high fees for transactions. Various altcoins help Bitcoin in overcoming these flaws and help in making the crypto ecosystem more mainstream. Altcoins play a very important role in making crypto more popular.