How do altcoins like Ethereum or Solana address the limitations of Bitcoin?

Khan Huda

Member
Bitcoin was the first cryptocurrency, but it has been criticized for slow transaction speeds and limited functionality. Altcoins often emerge to solve these issues, offering faster transactions, smart contracts, or lower fees. But are they more of an evolution or a deviation from Bitcoin’s original purpose?
 
Altcoins like Ethereum and Solana address Bitcoin's limitations by offering faster transaction speeds, scalability solutions, and smart contract functionality, enabling more diverse use cases beyond simple value transfer.
 
The value proposition of governance tokens differs from utility tokens primarily in their roles; governance tokens empower holders with decision-making rights, while utility tokens offer access to specific services or products within a platform!
 
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