We have seen so many rivalries between blockchains to find which is the best or the worst, is this really a fight someone should fight?
I think you should not fight for blockchains, they all have advantages and disadvantes. What one does not solve the other solves. Maybe there's space for various blockchains to exist.
Let me start explain this with BCH, BTC and LTC. BTC since the beggining that wanted to be a people's coin, but nowadays is just a proof of value, a coin compared to Gold,we have to see BTC as digital gold. LTC can be seen as Silver, it is also a proof of value, less value than BTC like Gold and Silver, but LTC is also a coin that is starting to get to privacy and Mimblewimble is very welcome to LTC blockchain. BCH can be seen as a people's coin, a coin that you can use to trade goods and to use as digital cash. So as you can see different coins, different problem solvers.
Another example, here you have many that claim to solve the same problem, I am only talking about three, I am not saying this are the best, just saying that I can't talk about all of them because there are many. Lets take for this example ETH, ADA and TRX. ETH as a smart-contract blockchain aims to solve financial problems and Decentralize Finance. What many people see as an advantage others see as a disadvantage, it solves many problems but the fees are high, it makes a good blockchain only for people with a big amount of money to invest, if you have a good bag of ETH you can earn tons. of money in ETH. ADA will be a smart-contract platform too, but with cheap fees and a big part of the project is to help DeFi Africa and many countries with government opression, so this coin is aimed to people with less resources. TRX aswell a smart-contract platform has also low fees, but they will get a little bigger as deflation comes, not much bigger. It is a cheap blockchain too and a very fast one. This blockchain is good for business companies, you have the speed you want in a corporation and low fees that the corporation doesn't care to pay for the faster transactions. Why can they not work in the same time? They can and they can be friendly with each other.
This is just some examples of the thought I have about blockchains, so don't be so worried to invest in a blockchain that has good ideas because this space is not kill or die, it is the partnerships between blockchains that make it so big. Together they make a stronger force against unfair financial services like banks.
Hope you like the post and that you stay well.
Best Regards,
Cryptopeach
