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Topic: What is the difference between Altcoin and Bitcoin? (Read 820 times)

full member
Activity: 210
Merit: 100
Besides from the spelling, what are the differences of bitcoin from altcoin. Thank you.
Bitcoin was a pioneer, this is the main difference. Over time, the block chain technology has evolved, so the new altcoins have become much more technologically advanced. But at the moment, bitcoin remains the leading coin, because it is very popular.
newbie
Activity: 100
Merit: 0
Bitcoin is the digital currency, the largest of all cryptocurrencies. In terms of value, in the early days of the currency, due to its characteristics of anonymity, and people who like it and are willing to use it, so most of the currency value, so more and more people join in. On the other hand, Altcoin has different types, and bitcoin is just a digital asset, and I say assets because Altcoin can be either an encrypted currency or a token. Now most Altcoin has gained their value through the success of real-life projects.
sr. member
Activity: 549
Merit: 259
Blockchain with solar energy
There are millions of difference between bitcoin and some specific alternative coins. But what makes special bitcoin is being first cryptocoin ever released using its own pow blockchain since 2009 (or something)
newbie
Activity: 168
Merit: 0
From my point of view, about bitcoin in the world of cryptocurrency, it can be easily equated with gold. Altcoin and everything is cryptocurrencies, accept bitcoin. Bitcoin is the first cryptocurrency, the best known, which is a technological breakthrough. In addition, Altcoin also uses Bitcoin currency as its intermediary so you must have some Bitcoin before buying Altcoin. The last way to get Altcoin You can join a community in which their community offers Altcoin prizes to attract people to join their community.
newbie
Activity: 27
Merit: 0
Bitcoin is leader in crypto world it is peer to peer technology based on block chain,While altcoins are part of it and created by different alogrothim programming.
full member
Activity: 518
Merit: 100
Besides from the spelling, what are the differences of bitcoin from altcoin. Thank you.

There are Bitcoin and all other cryptocurrencies on the market. All others are named altcoins. The difference is that Bitcoin is the first cryptocurrency expanded almost half of the market. BTC is much bigger and more influential that any other coin.
member
Activity: 182
Merit: 10
So historically, bitcoin was the first. But technologically bitcoin has long been not in the first place. Very many altcoins have advanced technologies that give them a technological advantage over bitcoin. But at the moment, bitcoin retains the title of the first coin mainly because of its immense popularity.
full member
Activity: 392
Merit: 100
Bitcoin is the first Blockchain in the Market, it is the mother of all Cryptocurrencies. It is the first main architecture of Blockchain and developers are currently maintaining it's foundation to protect the network from attacks and hacks.
Altcoins are it's offspring and it is called Alternative coins - that is other coins and not Bitcoin, the source codes are 100% from Bitcoin's core code most of the times.
jr. member
Activity: 490
Merit: 2
Besides from the spelling, what are the differences of bitcoin from altcoin. Thank you.

     The difference between bitcoins and every altcoin is their purposes or concepts and ideologies. The term altcoin which stands for alternative coin was made because this forum was made for the sole purpose of discussing about bitcoins only. But then the altcoins came which is why they became altcoins. but basically if you think about it, bitcoin is also an altcoin for every altcoin. And since this forum is the most successful one in this industry, people has adopted the term altcoins. hope this makes sense.
I understand the meaning of your statement. but my question is since I first joined this forum and started following the bounty campaign, of them no platform on bitcoin, the average altcoin to be the platform of all bounty campaign, such as etherum and waves.
full member
Activity: 137
Merit: 100
Bitcoin is mother coin and the altcoin is coin built on ERC-20.
Altcoins are not limited only to ERC-20 platform. There are still similar platforms for creating your own blockchain projects, like NEO platform with gas, Waves platfoms. I think you should read about the concept of tokens
sr. member
Activity: 987
Merit: 289
Blue0x.com
Besides from the spelling, what are the differences of bitcoin from altcoin. Thank you.

     The difference between bitcoins and every altcoin is their purposes or concepts and ideologies. The term altcoin which stands for alternative coin was made because this forum was made for the sole purpose of discussing about bitcoins only. But then the altcoins came which is why they became altcoins. but basically if you think about it, bitcoin is also an altcoin for every altcoin. And since this forum is the most successful one in this industry, people has adopted the term altcoins. hope this makes sense.
TGD
hero member
Activity: 1288
Merit: 620
Wen Rolex?
Besides from the spelling, what are the differences of bitcoin from altcoin. Thank you.

there are lots of altcoins out there. i think it is better to compare bitcoin to a specific coin. altcoin means alternative coins. so aside from bitcoins, there are alternative coins to use for different specific purposes.

for me there is no other reason to be compared for cause we can say that some of us cant have bitcoin that is why there is altcoin to have this in a very affordable price then you can now trade this for.
full member
Activity: 490
Merit: 110
Besides from the spelling, what are the differences of bitcoin from altcoin. Thank you.

there are lots of altcoins out there. i think it is better to compare bitcoin to a specific coin. altcoin means alternative coins. so aside from bitcoins, there are alternative coins to use for different specific purposes.
full member
Activity: 490
Merit: 100
The only difference is that bitcoin is a real crypto currency that uses the POW protocol, as it is deemed to be decentralized crypto currency and keeps its transaction history in the blockchain, which today is an innovative technology
full member
Activity: 434
Merit: 105
Besides from the spelling, what are the differences of bitcoin from altcoin. Thank you.

Bitcoin is the first crypto currency. The first coin that was created using block-chain technology. After that more project started as well and they were called alternative coins- alt coins.
full member
Activity: 224
Merit: 100
Besides from the spelling, what are the differences of bitcoin from altcoin. Thank you.
Bitcoin is the first crypto currencies. Many of altcoins are built on the basic structure provided by the blockchain of Bitcoin. That is, they are essentially its forks. Thus, most altcoins are peer-to-peer, include the mining process and offer effective and cheap ways of making transactions through the Internet.
jr. member
Activity: 166
Merit: 4
Bitcoin is the “original” cryptocurrency and ultimately responsible for the invention of blockchain technology. It basically was (and still is) a beta test of the technology, and it doesn’t actually work all that well. Many bitcoin evangelists now refer to it as “digital gold” or a “store of value” since it basically no longer works as a currency for most people. Can you imagine going to the market and paying $25 in fees and waiting 4 hours to pay for your groceries? Obviously that is not realistic.

Altcoins are generally defined as “everything else.” Although some might not refer to Ethereum as an altcoin, but certainly the 1500 other coins out there are considered “alts.”
full member
Activity: 308
Merit: 100
Besides from the spelling, what are the differences of bitcoin from altcoin. Thank you.
Bitcoin is a crypto currency, its main task is to be a tool for settlement transactions. Altcoins add additional functionality, for example, the creation of smart contracts.
I would say that altcoins are better versions of bitcoin. In altcoins concentrated a huge number of new concepts, this is a kind of testing ground for new technologies. I believe that in the foreseeable future bitcoin will leave the first place in the market and its place will be occupied by some altcoin. Of course, this will not happen in the coming years.
full member
Activity: 238
Merit: 100
Besides from the spelling, what are the differences of bitcoin from altcoin. Thank you.
Bitcoin is a crypto currency, its main task is to be a tool for settlement transactions. Altcoins add additional functionality, for example, the creation of smart contracts.
member
Activity: 350
Merit: 11
Bitcoin is the first coin and therefore the main one. Altcoins was coined after they saw Bitcoin.  Altcoin is an alternative coin.
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