Could be another hard year for alt coins, we (alt coins) need more real applications to get more attention, there more of 2500 coins plus assets (tokens), it’s an over saturated market and if you look by example dApps
https://dappradar.com/rankingsDApps doesn’t have a lot of users, right now new chains boasting about million of transactions per second, but, the most used dApp has 3,500 users daily, nothing.
So, new alt coins are resolving the wrong issue. Only ETH has issues right now because they have real users and the chain is not scaling quickly, but I’m any case they are “ok” with the current tps and blockchain size.
We don’t need more chains, we need products. I was talking the last week with a friend about to use credit card vs pay with crypto.
For someone in US, pay with credit card is easier, instantly, no wallet unlocking , no private key, no wait for confirmation, feature of subscribe a payment. If you try to pay something with Bitpay and you don’t have a wallet supporting bitpay payment schema you will suffer a bit to pay.
So, there exists real issues to solve, starting to simplify for everyone the payment process. it could be with a centralized service like PayPal, normalizing the way of someone pay in crypto or decentralized however it’s a bit hard to reach, for mainstream guys blockchain is dark magic, if you must teach to someone to install a wallet, connect to a dApp, transfer ETH or EOS, explain about gas or CPU and memory, that guy will leave and go to put the credit card in other service.
User experience is a big issue right now.
Another issue is the barrier to enter in crypto, right now is popular the credit card, however you must to pay up to 20% more for any amount of crypto, if you want to use a dApp of casino by example, why you will pay up to 20% more if going to traditional casinos you could get 20% of bonus?