What will be the future of cryptocurrency? If someone invents a new kind of digital currency that won't come with such downsides, what will happen to all existing cryptocurrencies? or do you guys think cryptocurrencies will evolve and remove all of its problems?
It's not going to happen,the bitcoin can never be replaced,and of course individuals and groups have been creating cryptocurrencies right before the bitcoin itself,but they all had a short life span
Only the bitcoin survived and gave birth to over 2000 coins currently in the market.
There can be no system without a downside,and that of the bitcoin is being worked on daily to reduce it's inimical effect on its growth.
Every or any coin that has and will be created will also have it's downside.
What the bitcoin offers, I doubt any coin can