Could an Altcoin replace Bitcoin?

[BitcoinExperts]

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Rising fees open the door for Bitcoin’s ‘currency’ contenders.Probably the biggest challenge that bitcoin faces today is scalability. Currently, bitcoin users are being charged an average of over $30 per transaction and transactions can take several hours to confirm. This is a far cry from the days when it was possible to send bitcoin within minutes to anywhere in the world for a few cents.

While the Bitcoin network struggles to cope with transaction demand, the need remains for a decentralized digital currency for everyday purchases. As a result, there’s a reasonable chance that bitcoin could be replaced, in that role at least, by something more suited to the task. The four most likely candidates to replace bitcoin as the number one digital spending currency are bitcoin cash (BCH), litecoin (LTC), dash (DASH) and monero (XMR).

Bitcoin cash has all the functions of bitcoin with the added benefit of faster transaction times and much lower fees. Born as a result of a bitcoin fork in August last year, it benefits from piggybacking off bitcoin’s name and reputation and has strong financial backers intent on positioning the controversial altcoin as the “next” bitcoin. Despite this, bitcoin cash still has little merchant adoption and a very small ecosystem and is thus unlikely to replace bitcoin anytime soon.

[BlockTechnology]

I think that bitcoin will remain a certain standard, the most famous currency, although recently more and more people are interested in altcoins, blockchain and smart contracts, but avoid cons of bitcoin