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Topic: [2015-12-08] What are Forks, Alt-coins, Meta-coins, and Sidechains? (Read 206 times)

legendary
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In Satoshi I Trust
What are Forks, Alt-coins, Meta-coins, and Sidechains?

Perhaps the most exciting aspect of cryptocurrency technology is that it is entirely open for experimentation—there’s no patent or copyright to license, no university or corporation from which to seek a job, no exclusive membership fee to pay. Anyone with a computer and an Internet connection can develop and share her own currency, her own vision of the future. The openness of this system makes it vibrant but it also can make it confusing. Forks, alt-coins, meta-tokens, sidechains. . . what does it all mean? This backgrounder is designed to clarify some terminology and explain some technical concepts from the ever-changing universe of Bitcoin-derived innovations. 

https://coincenter.org/2015/12/what-are-forks-alt-coins-meta-coins-and-sidechains/?utm_source=social&utm_medium=reddit&utm_campaign=forks
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