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Topic: What is the difference between altcoin and bitcoin ?? - page 2. (Read 644 times)

sr. member
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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
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In short, Bitcoin was the first digital coin created. Whereas altcoins were created after bitcoin.

Even so, Bitcoin is not superior to altcoins. Some altcoins are superior to bitcoin, like Ethereum with its advantages of having smart contract technology.
sr. member
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Both are the same, namely virtual currency. But between Bitcoin and altcoin it is clear that the first born was Bitcoin which is the parent of Altcoin, or it can be said that Altcoin was born after the existence of Bitcoin. Now between Bitcoin and Altcoin the two side by side fill each other. The other equation is that both can be traded and invested, so that from both of them we can get a profit. But here the role of Bitcoin is very important in cryptocurrency, like the word Bitcoin is USD then Altcoin is the fiat currency of various countries, so bitcoin cannot be replaced by any Altcoin. The second difference is Bitcoin as the main value, which is when you want to buy altcoin, then you must have Bitcoin to convert to altcoin. That's just a part of what I underline, the rest you can read various articles about Bitcoin to better understand.
 

hero member
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I think what makes bitcoin and altcoin different is the supply, demand and function for payment, for bitcoin right now it can already be used to make many transactions and many have received payments using bitcoin, while this altcoin I feel is more to one alternative payment which can be used and transactions faster, but the demand is still less than bitcoin because not many people use altcoin.
sr. member
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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 Huh
thanks admin
This topic is often discussed. As a newbie, you should learn to be more active reading in this forum, use the [search] feature to find the information you need.
well, regarding your question, in general cryptocurrency consists of bitcoin and altcoin, essentially there is no difference, it's just bitcoin as the first and anonymous decentralized coin. While altcoin is starting to emerge with a variety of innovations and their respective advantages, some are anonymous and not.
full member
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Bitcoin = The God Father of all Cryptocurrency
Altcoin = MacGyver of Cryptocurrency

With altcoin they offerering new features and technology which is Bitcoin doesn't have. So many altcoin already created for fixing previous problem in cryptocurrency.
member
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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 Huh
thanks admin

when you have such a question i think YouTube and google are your best friends =]
full member
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At the moment, the entire policy of the crypto industry is associated with speculation and the development of blockchain. I think that altcoins are a platform for the development of various optimization systems for implementation in the bitcoin blockchain.  They say that there are a lot of promising altcoins but these are just words. No altcoin except Ethereum could compete with bitcoin at any of the stages of development of the cryptocurrency industry and most likely will not.
sr. member
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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.
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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.
full member
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Bitcoin is actually known to be the father of all coins. Meaning, it has passed through the tests of time and it has been through a lot of changes and development. Alternative coins are those who are trying to follow the footsteps of bitcoin. We could both invest with both Bitcoin and altcoins but you have to be wise in choosing a potential altcoin these days.

altcoins are coins that should carry functions that Bitcoin does not have or that will work better than Bitcoin. if the project does not have such features, then it makes no sense to invest in such projects
sr. member
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Bitcoin is actually known to be the father of all coins. Meaning, it has passed through the tests of time and it has been through a lot of changes and development. Alternative coins are those who are trying to follow the footsteps of bitcoin. We could both invest with both Bitcoin and altcoins but you have to be wise in choosing a potential altcoin these days.

There are currently no coins comparable to Bitcoin as this is the only coin that can determine the future of this market. In fact, Altcoin has very good technology and can completely beat Bitcoin but people only care about value so Bitcoin is still considered the safest investment in this market. This year there are many new altcoins but most are just tools to make money and often have very high volatility so you need to be more careful when investing.
full member
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Oikos.cash | Decentralized Finance on Tron
Bitcoin is the very first cryptocurrency in existence while Atlcoins simply means Alternative coins, it is the other Cryptocurrencies that came after Bitcoin and there are thousands of Altcoins in existence presently with many more if them being launched almost on a daily basis.
I think that very soon the number of coins will be reduced. some projects will die on their own, and some will be banned by regulatory authorities and then it will be easier on the market to choose a good project for investment
sr. member
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Bitcoin is the very first cryptocurrency in existence while Atlcoins simply means Alternative coins, it is the other Cryptocurrencies that came after Bitcoin and there are thousands of Altcoins in existence presently with many more if them being launched almost on a daily basis.
indeed bitcoin is the first crypto currency that was created using technological advances as a system and a system requires a companion system or alternative system as well as bitcoin must have an alternative coin too and it can be called altcoin which makes different of course the number of enthusiasts and who use these coins and all that can change without anyone can be sure
sr. member
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KUWA.ai
altcoin was created to accompany bitcoin but even so bitcoin plays a greater role in cryptocurrency, altcoin is like a currency in the form of penny fractions which is then exchanged into currencies that have bigger fractions, meaning dollars.
While the difference between bitcoin and altcoin is:
bitcoin was created earlier and became the forerunner of other altcoins.
The other difference is that bitcoin and altcoin have different price stability, bitcoin tends be more stable due to the large number of people who buy bitcoin, which makes volume increase, while altcoin is relatively less stable due to its relatively lower market, making altcoin vulnerable to price manipulation.
hero member
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Bitcoin is the very first cryptocurrency in existence while Atlcoins simply means Alternative coins, it is the other Cryptocurrencies that came after Bitcoin and there are thousands of Altcoins in existence presently with many more if them being launched almost on a daily basis.
full member
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Pepemo.vip
As the name implies, "Altcoins" theyrr alternate to something stronger something superior which is Bitcoin. Altcoins were created after Bitcoin was conceived and actualized. Altcoins are alternatives to Bitcoin.
That's right, altcoin is an alternative coin created by a group of teams to give choices to everyone, and especially for those who are less able to own bitcoin, because between bitcoin and altcoin the price is clearly very different, so from that aspect arises the thoughts of the founders of the project to make a good altcoin.
it is true that altcoin provides alternative transactions on cryptocurrency, with various backgrounds. like binance, which has a trusted exchange. so this affects the altcoin they create. but even though both have different unit prices, we can buy it partially, it does not have to be intact in purchasing the coins
full member
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As the name implies, "Altcoins" theyrr alternate to something stronger something superior which is Bitcoin. Altcoins were created after Bitcoin was conceived and actualized. Altcoins are alternatives to Bitcoin.
That's right, altcoin is an alternative coin created by a group of teams to give choices to everyone, and especially for those who are less able to own bitcoin, because between bitcoin and altcoin the price is clearly very different, so from that aspect arises the thoughts of the founders of the project to make a good altcoin.
sr. member
Activity: 1020
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The difference is quite extensive and many ,altcoin is often referred to as alternatifecoin but besides that the uniqueness and superiority of different products vary and the industry is also different ,you must learn more about this industry
yes you are right, the difference is quite a lot and it takes time to learn it and for altcoin there will be many more differences between altcoin from one another. but still in the name of an alternative coin and usually the difference is in the industrial sector they do. it took quite a long time to learn it because until now I am still learning it too
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