Topic: What is the difference between altcoin and bitcoin ?? (Read 644 times)
These new cryptocurrencies called Altcoins which use the same decentralized concept as Bitcoin but take things a step further with unique features.
To begin with, both are cryptocurrencies where Bitcoin was the first to be created. Bitcoin also have its own blockchain which till date remains the most decentralized blockchain. After Bitcoin came other coins which was paved way by Ethereum, just like Bitcoin, Ethereum has its own blockchain too which is created in such a way that new projects can easily launch on while creating theirs afterwards. From Ethereum till the last coin in this space are called Altcoins which means Alternative coins.
I am a Newbie member, and my knowledge about this is still very low
What is the difference between Bitcoin and altcoin in more detail
thanks admin
Each altcoin differs from bitcoin in many different ways such as: economic model, distribution method, mining algorithm, security, ... Some altcoins provide flexible programming languages for developers. build applications on that platform like Ethereum. But others are just a copy of bitcoin and only change a few small parameters. What is the difference between Bitcoin and altcoin in more detail
thanks admin
Take a look at them on Coinmarketcap. Bitcoin's domain accounts for over 60% of the whole market. Bitcoin's 2nd largest trading volume is second only to tether.
Bitcoin's technology is the oldest, and altcoin has made many improvements.
Bitcoin has the largest community in the world and there are some altcoins that people cannot know their names.
Bitcoin's technology is the oldest, and altcoin has made many improvements.
Bitcoin has the largest community in the world and there are some altcoins that people cannot know their names.
Very far difference between bitcoin and altcoin as a whole bitcoin is the most important coin in cryptocurrency or the parent of all altcoins that exist in every market, while altcoin children of bitcoin that have sprung up to pump up bitcoin so that between bitcoin and altcoin there is a close relationship, the side the other bitcoin is limited in number and altcoin is very much in number
I am a Newbie member, and my knowledge about this is still very low
What is the difference between Bitcoin and altcoin in more detail
thanks admin
The only difference that I see here is that bitcoin is the main cryptocurrency that was established first, while other altcoins are just to serve as an alternative to bitcoin just like bitcoin is meant to be an alternative to fiat. Altcoins would have actually performed better, because with all sincerity, no matter how great and how much the project of bitcoin is, bitcoin cannot really do it alone, so it needs support of some of these other projects.What is the difference between Bitcoin and altcoin in more detail
thanks admin
My issue with those altcoins is that they are getting too much, the problem that bitcoin cannot handle is not that much for all these altcoins to have started offering solutions that they really cannot give, so if you are to consider any project, just consider bitcoin and top 10 altcoins, they are the one I trust to really follow bitcoin anywhere in future.
In fact, the competition of altcoins is fierce and every day there is a change in rank so I believe that one day there will be an altcoin that can compete directly with Bitcoin.
uses with the crypto token might gives with chance as developer to gains of more with parties to connects on network with the community as the forum on reference as the blockchain system to work as gathering entrance into field of business with the objective on reference as personal point of focus with the modulation.
I am a Newbie member, and my knowledge about this is still very low
What is the difference between Bitcoin and altcoin in more detail
thanks admin
The only difference that I see here is that bitcoin is the main cryptocurrency that was established first, while other altcoins are just to serve as an alternative to bitcoin just like bitcoin is meant to be an alternative to fiat. Altcoins would have actually performed better, because with all sincerity, no matter how great and how much the project of bitcoin is, bitcoin cannot really do it alone, so it needs support of some of these other projects.What is the difference between Bitcoin and altcoin in more detail
thanks admin
My issue with those altcoins is that they are getting too much, the problem that bitcoin cannot handle is not that much for all these altcoins to have started offering solutions that they really cannot give, so if you are to consider any project, just consider bitcoin and top 10 altcoins, they are the one I trust to really follow bitcoin anywhere in future.
I am a Newbie member, and my knowledge about this is still very low
What is the difference between Bitcoin and altcoin in more detail
thanks admin
What is the difference between Bitcoin and altcoin in more detail
thanks admin
Bitcoin is the first cryptocurrency as well as the first blockchain, in fact it is the most secured and decentralized blockchain. After Bitcoin, other blockchains came to play which the first is Ethereum and as such Ethereum cryptocurrency. With Bitcoin being the first cryptocurrency, all other cryptocurrencies from Ethereum are term ALTERNATIVE COINS or ALTCOINS. These altcoins aims to develop features which they think and/or believe will contribute to the growth of the crypto space.
First, welcome friend.
there is no harm if you ask about the meaning of bitcoin and altcoin in detail? I will only explain a little about the basic differences. That bitcoin and altcoin are different from each other, bitcoin is a profitable investment and always dominates the crypto market, while altcoin is easy to reach by anyone because the price is relatively cheap. there are many altcoins that have great potential for investment. but you need to research first before investing in altcoin.
there is no harm if you ask about the meaning of bitcoin and altcoin in detail? I will only explain a little about the basic differences. That bitcoin and altcoin are different from each other, bitcoin is a profitable investment and always dominates the crypto market, while altcoin is easy to reach by anyone because the price is relatively cheap. there are many altcoins that have great potential for investment. but you need to research first before investing in altcoin.
I recommend that you go to wikipedia, or google, youtube to learn more about Bitcoin and Altcoin, which will help you reduce what part of the risk is in the market. Thank you. 
These new cryptocurrencies called Altcoins use the same decentralized concept as Bitcoin but take things a step further with unique features.
I am a Newbie member, and my knowledge about this is still very low
What is the difference between Bitcoin and altcoin in more detail
thanks admin
The only difference that I see here is that bitcoin is the main cryptocurrency that was established first, while other altcoins are just to serve as an alternative to bitcoin just like bitcoin is meant to be an alternative to fiat. Altcoins would have actually performed better, because with all sincerity, no matter how great and how much the project of bitcoin is, bitcoin cannot really do it alone, so it needs support of some of these other projects.What is the difference between Bitcoin and altcoin in more detail
thanks admin
My issue with those altcoins is that they are getting too much, the problem that bitcoin cannot handle is not that much for all these altcoins to have started offering solutions that they really cannot give, so if you are to consider any project, just consider bitcoin and top 10 altcoins, they are the one I trust to really follow bitcoin anywhere in future.
Altcoin got their name because of the success of Bitcoin. Basically they mean alternative to Bitcoin. the majority of Altcoins are forks of Bitcoin and introduces changes to the original Bitcoin protocol such as decreased block generation time, increased maximum number of coins and different hashing algorithm. Altcoins like to pretend that they are somehow intrinsically better than bitcoin but None of them really have any commercial application. I think there is one important difference that is, the founders of most Altcoins are know and is a known team but the founder of Bitcoin is anonymous.
Altcoin or what is called an alternative coin is a Cryptocurrency coin other than Bitcoin, or these coins exist after the advent of Bitcoin, and Altcoin has the same function as Bitcoin, which is for digital currency payment instruments. And this is referred to as Alternative coins because many of these altcoins have lower prices and transaction fees which are also cheaper than Bitcoin, so many people choose Altcoin for their transaction fee.
Altcoin has the same function as Bitcoin for payment instrument but there is more than that, altcoin has another function which is creating a new system that we can use to support Bitcoin or creating a system that help Bitcoin for future. For example, creating a new system that we can use without using mining hardware to run the chain, creating a new system that can help us validate the network with the space of storage and many more.
Like the answer many other members already gave, there's only one difference between the two which is BITCOIN IS BITCOIN and ALTCOINS ARE EITHER COINS OR TOKEN WHICH IS NOT BITCOIN.
Getting yourself acquainted with the beginners and help section of the forum will helps a lot and if you want a quick answer about blockchain and bitcoin, you are just a search away from the forum and google
Getting yourself acquainted with the beginners and help section of the forum will helps a lot and if you want a quick answer about blockchain and bitcoin, you are just a search away from the forum and google
the difference between bitcoin and altcoin in my opinion is
The first bitcoin cryptocurrency was created in 2009 while altcoin came after bitcoin in 2011.
Actually between bitcoin and altcoin in the same sense, the difference is that as a digital currency (digital currency). which need to be noted here is the currency (currency), so as a digital currency (cyberspace) bitcoin has a value (value) that allows it to be used as a payment instrument money (but for legitimate indeed not many countries recognize it because of the decentralized system and blockchain technology maybe the difference if bitcoin is the first digital currency and altcoin is used as an alternative coin in addition to bitcoin as a digital currency (digital currency).
The first bitcoin cryptocurrency was created in 2009 while altcoin came after bitcoin in 2011.
Actually between bitcoin and altcoin in the same sense, the difference is that as a digital currency (digital currency). which need to be noted here is the currency (currency), so as a digital currency (cyberspace) bitcoin has a value (value) that allows it to be used as a payment instrument money (but for legitimate indeed not many countries recognize it because of the decentralized system and blockchain technology maybe the difference if bitcoin is the first digital currency and altcoin is used as an alternative coin in addition to bitcoin as a digital currency (digital currency).
Bitcoin was the first cryptocurrency to emerge, hence other currencies such as Litecoin followed.
After the rise of Bitcoin the altcoins emerged, there were different uses and most of them were Shitcoins. It is used as a trap for newcomers who want to enter trading.
After the rise of Bitcoin the altcoins emerged, there were different uses and most of them were Shitcoins. It is used as a trap for newcomers who want to enter trading.
Bitcoin is the main crypto or the King of all crypto while alt-coin stands for alternative coin ,
Alt-coin is all of the other crypto around the market besides BTC .
And there are all sorts of alt-coin for me alt-coin is a crypto that have it's own purpose it stands as a token for their project.
Alt-coin is all of the other crypto around the market besides BTC .
And there are all sorts of alt-coin for me alt-coin is a crypto that have it's own purpose it stands as a token for their project.
Almost the same, only Bitcoin was born first and became a pioneer of other coins. An altcoin appears to be an alternative other than Bitcoin for trading or other projects.
Or you can read it here https://www.quora.com/What-is-the-difference-between-altcoins-and-bitcoins
besides of that ,bitcoin be the pionerr of blockchain technology.its not only about coins,from bitcoin born many version of blockchain with its own feature.altcoin or bitcoin on first usage was as a ledger and moved here its be investment portofolio.everyday we see new blockchain technology born and even it could used in our daily life.maybe if there are new coin that better than bitcoin ,someday it could replaced as major cryptocurrency. Or you can read it here https://www.quora.com/What-is-the-difference-between-altcoins-and-bitcoins
Jump to: