There are Bitcoin, and also there are Bitcoin Cash and Bitcoin Gold and B2X that we use it as an altcoin, but do we still need other altcoins? as i knew in the forum on the altcoin section there are much announcement about new altcoins almost everyday. do we still need that altcoins?
In my opinion, indeed we need another altcoin. This is due to the limitations of bitcoin. We need altcoins that have technological innovations that are distinctive and different from the previous coins. This innovation is certainly more renewable and useful. For example, we still need ripple because ripple has a high transaction speed that allows speeding up our work in terms of financial transactions. So, in my conclusion, we still need other altcoins that really bring benefits and innovation. The number of altcoins that have emerged now is only the duplication of previous technology so that such coins do not need to be on the market.
Different from your thoughts, in my opinion, we don't need an altcoin anymore. The number of altcoins on the market will only increase coin spam on the market. Most of these coins are not innovative so that they will only make the market worse. I prefer not many coins, but the existing coins continue to innovate and improve. I am sure this is more effective to always improve coin quality and market quality. We better repair existing coins for the better than we always create new coins whose functions are only disposable. Many coins will only be selected by nature on the market. Most of these coins cannot last long on the market and will only become trash. I think this will be in vain. I would rather suggest that the potential coins that are already there continue to be upgraded so that we don't need new coins. Therefore, indeed in making crypto currency coins we must think about the sustainability of these coins in order to compete in the market.