Post
Topic
Board Altcoin Discussion
Re: If you had to launch a new coin, how will it be different from bitcoin ?
by
MAAManda
on 10/07/2025, 10:32:18 UTC
This is the first thing I thought of. Whenever there are too many transactions, there is congestion, and that will lead to higher fees and longer times for transactions to be confirmed. I think this is one of the major flaws in Bitcoin. If bitcoin is used more as a currency, that will mean many more transactions will be done a day, and with the adoption of bitcoin increasing, this can be a problem.

I don't know anything about developing Bitcoin or cryptography, but another thing I would like, if I had a coin, would be to try and make the average confirmation time lower. Ten minutes isn't a lot of time, but as a currency, it will mean a lot if you pay for something in a store with bitcoin and you have to wait for the transaction to confirm before you leave the store. A maximum of 2-5 minutes to confirm a transaction won't be bad.

This is all just wishful thinking, because in reality, the trilemma complements and diminishes each other. If we want high TPS, we must be prepared for a reduction in decentralization, as we can see from the BNB (BNB). Luckily, Bitcoin (BTC) has great volunteer developers out there, so that finally Joseph Poon & Thaddeus Dryja solved Bitcoin (BTC) scalability problem with the LN they proposed.