Quick question guys. I've been meaning to ask this. I understand altcoins are those coins that were created after Bitcoins, but are Bitcoin forks (Bitcoin Cash, Bitcoin Private, etc) referred to as Alts too?
Yes they are, consider about the fact that they have created through fork the bitcoin and i guess that will be similar to the bitcoin and there was no any differences between altcoin and bitcoin. These forks coin of bitcoin can be considered as the altcoin too. 
Topic: Are Bitcoin Forks Altcoins? (Read 160 times)
Any other coin invented or lunched into the crypto space aside bitcoin is known as altcoin. We only have one coin, which is bitcoin. So bitcoin cash, bitcoin gold or any other, even though it carries the name bitcoin, is known as altcoin, which is the short form of alternative coin.
There are also other altcoins, irrespective of the blockchain on which they are built.
It also took me a long time before i could understand this.
There are also other altcoins, irrespective of the blockchain on which they are built.
It also took me a long time before i could understand this.
Thank you so much for the responses, especially from the veterans on here. Now I can conveniently pass such knowledge to a newbie who's curious about it too.
I'm not really a veteran and just a normal member of the forum as well that learned from others experiences and knowledges. Good luck on spreading the correct information to other people, newbies or not. And now you can close or lock this thread to prevent irrelevant posts.
Thank you so much for the responses, especially from the veterans on here. Now I can conveniently pass such knowledge to a newbie who's curious about it too.
Everything that is not Bitcoin is an altcoin.
What is interesting to me is what happens in the very unlikely scenario when some of the forks overtakes the original Bitcoin? Will it still be considered an altcoin?
Bitcoin is bitcoin and the rest are altcoins.What is interesting to me is what happens in the very unlikely scenario when some of the forks overtakes the original Bitcoin? Will it still be considered an altcoin?
Yeah this is unlikely and will never happen so don't think too much of it. @OP you got plenty of answers and those forks are altcoins. Base on CMC there are 2004 cryptocurrencies and bitcoin is only one, so for their stats there are 2003 altcoins including those fork coins.
To the OP
Altcoin = alternative coins
So, as the folks above are saying every coin (beside Bitcoin) is an altcoin, because it is an alternatice coin to Bitcoin
It's just a words combination shrinked
Altcoin = alternative coins
So, as the folks above are saying every coin (beside Bitcoin) is an altcoin, because it is an alternatice coin to Bitcoin
It's just a words combination shrinked
Everything that is not Bitcoin is an altcoin.
What is interesting to me is what happens in the very unlikely scenario when some of the forks overtakes the original Bitcoin? Will it still be considered an altcoin?
What is interesting to me is what happens in the very unlikely scenario when some of the forks overtakes the original Bitcoin? Will it still be considered an altcoin?
Technically, many of other altcoins, ie. Litecoin are also considered a 'fork' of Bitcoin. That would be a source code fork rather than hard-fork, but still. Don't be surprised if you see the word 'fork' used in a wider sense.
What kumiskura wrote is correct: any separate coin after Bitcoin is an altcoin, that include BCH/BTCP.
The only time a separate coin created by hard-fork would not be an altcoin, is if it was never meant to start as a separate coin - either hard-fork is successful (and takes over existing name) or fails (and dies off).
Yes,
Alts are Alternative Coins,as long as it's not Bitcoin everything is an alt.
Alts are Alternative Coins,as long as it's not Bitcoin everything is an alt.
Quick question guys. I've been meaning to ask this. I understand altcoins are those coins that were created after Bitcoins, but are Bitcoin forks (Bitcoin Cash, Bitcoin Private, etc) referred to as Alts too?
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