Topic: What is the difference between Altcoin and Bitcoin? - page 2. (Read 820 times)
altcoin is a variation of the main coin of bitcoin, if you see bitcoin as a transaction tool and a decentralized digital currency with blockchain technology. whereas altcoin is a variation of bitcoin, altcoin has blockchain and decentralized technology but is different from bitcoin. altcoin is more aimed at certain business models such as industry, online shopping business, real estate and others.
Bitcoin is mother coin and the altcoin is coin built on ERC-20.
This one is easy: Anything that isn't bitcoin is an altcoin (alternative coin).
It's not an official term at all, it just was used to describe coins besides btc in the early days and now everyone has adopted it.
So, with that in mind, that means that even eth and ripple are altcoins.
But nowadays, people use altcoin to generally describe other coins outside of the top 10 on cmc.
People rarely refer to the big coins as alts anymore and just call them by their names.
But something more confusing than the difference between altcoin and bitcoin, is a coin and a token.
An altcoin may not actually be a coin at all, but a token. Here's the difference:
Coin: has it's own blockchain. It's its own independent system. But, of course, a lot of times they just stole it from something else (called a fork).
Examples: bitcoin, monero, ripple, etc.
Token: crypto that is built on a smart contract platform like eth or neo. They can only exist within the platform's network.
Examples: omisego, wepower, tenx, etc.
It's not an official term at all, it just was used to describe coins besides btc in the early days and now everyone has adopted it.
So, with that in mind, that means that even eth and ripple are altcoins.
But nowadays, people use altcoin to generally describe other coins outside of the top 10 on cmc.
People rarely refer to the big coins as alts anymore and just call them by their names.
But something more confusing than the difference between altcoin and bitcoin, is a coin and a token.
An altcoin may not actually be a coin at all, but a token. Here's the difference:
Coin: has it's own blockchain. It's its own independent system. But, of course, a lot of times they just stole it from something else (called a fork).
Examples: bitcoin, monero, ripple, etc.
Token: crypto that is built on a smart contract platform like eth or neo. They can only exist within the platform's network.
Examples: omisego, wepower, tenx, etc.
Besides from the spelling, what are the differences of bitcoin from altcoin. Thank you.
Bitcoin is the first coin, which became an example for other coins. That's why bitcoin is the most famous and valuable coin you can use to buy any other coin on crypto exchanges. 
Bitcoins emerged and people started embracing them and using them, however, a few issues started cropping up in the system that needed improvement. That gave rise to alternative bitcoins dubbed altcoins that worked on improving the shortcomings of the bitcoin.
Besides from the spelling, what are the differences of bitcoin from altcoin. Thank you.
BITCOIN is the world's first crypto currency created by Satoshi nakamoto in 2009Bitcoin is way more valuable than any altcoins.
Altcoin is another coin apart from BITCOIN which is very much like Ethereum, waves and DASH
Alternative coins can be traded in order to gain bitcoin. Bitcoin is the foundation of every altcoin. Altcoins can be distributed by the use of tokens that has a value in the market which have an exchange rate. If the rate is high enough and you think that you could have profit, you can sell it and bitcoin is the currency used for payment. Bitcoin is q tool to have an exchange to local currency.
The difference is that bitcoin is the first very first crypto currency, in the digital world it's like "gold". Regarding bitcoin, the whole market is being built
Bitcoin is the first cryptocurrency when the invention of blockchain technology has emerged. We can call BTC "digital gold" and “original” coin.
So all next coins are "alternative", or "alt-coins". Some of them (LTC, ETH) we can call "digital silver".
https://bitcointalksearch.org/topic/annico-velixid-a-global-platform-for-frictionless-identity-verification-2721724
So all next coins are "alternative", or "alt-coins". Some of them (LTC, ETH) we can call "digital silver".
https://bitcointalksearch.org/topic/annico-velixid-a-global-platform-for-frictionless-identity-verification-2721724
Besides from the spelling, what are the differences of bitcoin from altcoin. Thank you.
Everything is simple, thanks to Bitcoin cryptocurrency has gained wide fame, then people have come to believe Bitcoin is the main cryptocurrency and And everything else is alternative cryptocurrencies or alternative coins or simply, altcoins. If I understand correctly-it so.
Besides from the spelling, what are the differences of bitcoin from altcoin. Thank you.
Well, altcoins are simply coins that are not bitcoins. The word altcoins have been coined here in the bitcointalk forum because this is a bitcoin forum. It stands for alternative coins. the same case can also be said if there is a coin that you like to be your main coin that would make bitcoin an altcoin also like others. For example, you like NEO, you can make it as your main coin and call bitcoin an altcoin. But of course it will be a different case if you include other people's thoughts since we all have different opinions and point of views. Meaning, some would agree with your thought and some won't. Hope this helps.
one of the differences between bitcoin and altcoin is the stability of cryptocurrency, many factors that can cause stability of bitcoin prices such as many who invest into bitcoin and its volume is increasing from time to time. unlike altcoin whose value is unstable cause altcoin is unstable in because the market is lower than the others.
To make it easier for you to understand, make your to remember that Bitcoin was built before the altcoins. Altcoins are kind of like clones of Bitcoin. Besides from the spelling, what are the differences of bitcoin from altcoin. Thank you.
Bitcoin and altcoin are both cryptocurrency. At first, bitcoin created and put as the first cryptocurrency in the world. But when the bitcoin reigns the online currency, a lot of new existing project such as ethereum launched also. That's why altcoin or alternate cryptocurrency was made. Aside that, altcoin also used by new existing coins in order for the bitcoin to be respected as the number one crypto above them. Besides from the spelling, what are the differences of bitcoin from ALTCOIN? Thank you.
Bitcoin is the first coin and was a pioneer in the cryptocurrency. Altcoin is alternate coin beside Bitcoin.
These days, a lot of altcoins which have good feature. For example, Ethereum and NEO
Well Bitcoin is the main coin, the father of coins and the very first invested of the cryptocurrencies. The rest of them just follow as alternative coins
Bitcoin is the basic of cryptocurrency and based on blockchain technology.It has store value and considered as an asset and digital gold as well.Bitcoin is an independent it no need to another party to operate transactions.
Altcoin are generally colones of Bitcoin some altcoins follow Bitcoin and some Ether. Altcoins also an opportunity to invest and trade most of altcoins have worth to grow more in future.
Altcoin are generally colones of Bitcoin some altcoins follow Bitcoin and some Ether. Altcoins also an opportunity to invest and trade most of altcoins have worth to grow more in future.
Besides from the spelling, what are the differences of bitcoin from altcoin. Thank you.
From what i understand, bitcoin is a type of digital currency in which you can be used this for online transactions, while altcoins short for alternative coins it is similar to bitcoins but have different kinds of coin that can be used in any platform.
Bitcoin is the foundation of all the cryptocurrencies, the first of it's kind or the alpha and the altcoins are the successors of bitcoin which means they came from the same code which is bitcoin's code.
What I understand is that before bitcoin the cryptocurrency is already existing but it's the bitcoin which was able to resolved issues with digital currency. So bitcoin is considered to be the first successful cryptocurrency. It was then followed by alternate coins or simply called altcoins.
You're right, Bitcoin is the first cryptocurrencies that have been launched. After BTC, altcoin follows, Altcoin is the alternative of Bitcoin with that it make the two difference from each other. Bitcoin is the first altcoin is second.
Besides from the spelling, what are the differences of bitcoin from altcoin. Thank you.
Bitcoin is the first crypto currency that is made successful. A lot of people called bitcoin as a mother of all currency for it is the first currency that is made by Satoshi Nakamoto and this currency is the most popular among all. Altcoin or alternative coin for me is just a copy of bitcoin because its just relying on bitcoin. If the price of bitcoin will decrease then altcoin will do the same. Jump to: