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Topic: What is the difference between altcoin and bitcoin ?? (Read 668 times)

newbie
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These new cryptocurrencies called Altcoins which use the same decentralized concept as Bitcoin but take things a step further with unique features.
jr. member
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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.
full 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
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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.
sr. member
Activity: 1246
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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.
sr. member
Activity: 1701
Merit: 308
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
hero member
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WorkAsPro
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
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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.

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.
The difference between bitcoin and altcoin is that altcoin is just an alternative of bitcoin, they are both cryptocurrency. But altcoin is just a copy of bitcoin. They have different platforms by different altcoin. The better the platform is, the more investors will support that particular project or coin because as of now it is not just by the name or the team who are managing, but it is based on their platform itself if it is becoming famous and being supported by many investors, it is good when they used blockchain technology, blockchain-based crypto is a good and may lead a project to succeed.
All coins in this market use blockchain technology and Bitcoin has a huge role in this market so when it comes to crypto, they often tell a lot of different stories related to Bitcoin. There are currently thousands of altcoins available in this market but Bitcoin is still the number one because this is the earliest coin to appear and is always held by many investors.

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.
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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.


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
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.

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.
The difference between bitcoin and altcoin is that altcoin is just an alternative of bitcoin, they are both cryptocurrency. But altcoin is just a copy of bitcoin. They have different platforms by different altcoin. The better the platform is, the more investors will support that particular project or coin because as of now it is not just by the name or the team who are managing, but it is based on their platform itself if it is becoming famous and being supported by many investors, it is good when they used blockchain technology, blockchain-based crypto is a good and may lead a project to succeed.
copper 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
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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.
member
Activity: 868
Merit: 10
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.
jr. member
Activity: 77
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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.  Wink
newbie
Activity: 11
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These new cryptocurrencies called Altcoins use the same decentralized concept as Bitcoin but take things a step further with unique features.
sr. member
Activity: 1568
Merit: 283
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
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.

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.
sr. member
Activity: 1120
Merit: 255
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.
sr. member
Activity: 1236
Merit: 252
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.
So, in short, you want to say that altcoins are Better than bitcoin and bitcoin needs a strong support from altcoins but I don’t think so as much as I know bitcoin has its own benefits and it’s own demand, infect bitcoin is first crypto coin that’s why it considers asking of other altcoins so it grows independently we should not underestimate it.
member
Activity: 368
Merit: 11
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
sr. member
Activity: 826
Merit: 281
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).
hero member
Activity: 1273
Merit: 507
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.
sr. member
Activity: 994
Merit: 257
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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.
sr. member
Activity: 1624
Merit: 341
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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
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.
sr. member
Activity: 1204
Merit: 253
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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
member
Activity: 287
Merit: 10
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
Activity: 1666
Merit: 268
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
Activity: 2464
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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
Activity: 1246
Merit: 285
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
Activity: 868
Merit: 103
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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
Activity: 882
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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
Activity: 1274
Merit: 263
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.
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.
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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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
Activity: 1148
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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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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
Activity: 1050
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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
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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
sr. member
Activity: 1652
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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
Simply put, bitcoin is the main coin that was born first, while altcoin is an alternative coin that was born after the existence of bitcoin. So bitcoin is the parent of altcoin or other coins.
that could be said so, but in more detail is actually bitcoin and altcoin are in the same market, and the difference is the market between bitcoin and altcoin between decentralization and centralization. although there is also a new decentralized altcoin. altcoin also issued more new projects for the development of new tokens, while bitcoin remained the biggest and highest coin on the market today without any new projects.
hero member
Activity: 2632
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You need to specify on which altcoin you want to compare with bitcoins since if you say altcoin you compare all of them to the one crypto and also there are alt's who died already and still kick.

But I will give this answer base on my opinion there's only so don't take it seriously, The difference between them is the people support you can see the large number of Bitcoin user as well you can see that Bitcoin n is the face of crypto while the alt's we are getting less support and some of them are totally 100% scam.
hero member
Activity: 2156
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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
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as trader manages on appealing customs with distinctive then with the future entrance the plan might gives with returns on referring shifts of advantage and trader to goes on tasks with decision as improving more of requirements as becoming part on business with the field of crypto finance.
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.
hero member
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No offense mate but what are you asking is a little bit broad. Did you even try first to make a research about it? I advice you to do it own your own first because some of the members here don't tolerate spoonfeeding Grin.

Anyway, let me give my own answer for your question. Bitcoin and altcoins both fall as cryptocurrency. Let's just say that btc is the pioneer and the rest is a copycat Grin (but some of them really got interesting features tho which btc don't have).

I think OP is not a newbie because the first 2 post he/she made is joining a bounty campaign which makes me think that OP has idea about Bitcoin and altcoin. Some people are too lazy to do a quick research about cryptocurrency but so eager to earn some bucks within this space, I hope this kind of habits will change.
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.
hero member
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Actually it's a fairly simple explanation. Altcoin exists as an alternative coin after Bitcoin has become a pioneer. Altcoin is made to perfect the technology that is in Bitcoin. With the existence of this alternative coin, we can expect the implementation of blockchain technology to be applied in several sectors and with more advanced technology. But unfortunately at this time many altcoins that appear only by tracing existing sources without the slightest increase.
jr. member
Activity: 296
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precisely, bitcoin and altcoin have different functions, both in investment and trade. if you want to get a lot of profits, you can invest in bitcoin and if you want to take risks, you can invest with altcoin. my advice is always be careful before you invest in altcoin, make sure they have further price developments.
member
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Welcome buddy to the forum. First before the differences between bitcoin and altcoin let's know the similarities first the both are cryptocurrency based coin which is they have all attribute of a cryptocurrency however there are numerous differences like the popularity, price and adaptation
member
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When Bitcoin was first introduced and many interested people and can be used as an investment, then created altcoin as an alternative investment. At present altcoin is developing not only to function and duplicate bitcoin but is already a platform used for business such as logistics and other things.
full 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
To summarize and hand you some takeaways from as far as my knowledge can provide, here are some keypoints to remember about bitcoin and altcoins.

Bitcoin - the first decentralized cryptocurrency.
   a. Decentralized, exists on every full node on the network.
   b. Limited supply, therefore deflationary.
   c. Development of features is slow, but is good to ensure security.
   d. No central founder/institution. Made by a person named Satoshi Nakamoto, which identity isn't verified until now.

Altcoins - variations based on Bitcoin's network and blockchain framework.
   a. Over 4,000 altcoins exist in the market.
   b. More prone to full shut down in times of crash.
   c. Some are decentralized, while others like stablecoins are manipulated.
   d. Often features something Bitcoin still does not have.

Yeah, all of the alternative tokens are just a copy of bitcoin I try the altcoins are trying to copy the success of bitcoin so they are trying to replicate what happened to bitcoin but we all know that the price and popularity of bitcoin become a great percentage of attracting many investors in bitcoin. With many investors, bitcoin could make its price increases in the market making it successful with that a lot of companies already see the potential of bitcoin and use it also as their assets. Also, bitcoin was still alive unlike altcoins a lot of altcoins in the marketplace are already dead and don't even have its price in the market.
sr. member
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The main thing that you should understand that Bitcoin is a self-sufficient cryptocurrency.

It does not depend on anyone or anything. Its price can be manipulated has sufficient volumes, that is, Bitcoin is very volatile. The entire cryptocurrency market is very volatile.
If we talk about alternative coins, you need to understand that the viability of the project depends only on how development is going on inside the project.

If the team ceases its activity, and the development of the project stops, then the price for it falls, the money flows into another cryptocurrency, most likely it will be bitcoin.
Therefore, if you decide to invest in the crypto market, first of all choose bitcoin.

It is also worth adding that altcoins are directly dependent on the price of bitcoin and the whole market moves along with the movement of the price of bitcoin.
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

I suggest search into google or youtube to get more information what is the difference between bitcoin and altcoins, anyway hope i can help you base in my own  knowledge and understanding the difference bitcoin and altcoins.
Bitcoin is came from the miners using computers with high quality GPU
Altcoins is came from the project devs(ICOS) as alternative currency traded into bitcoin.

The previous posts are already more or less enough to give you the basic understanding of the difference between Bitcoin and altcoins. Additional information should be coming from your own research and studies. The basics are already given to you.

New Bitcoins are mined but it does not mean that Bitcoin can only be accessed through mining. Of course, we can buy Bitcoins anytime. Not all altcoins are coming from the devs or through ICOs. There are also POW altcoins.
legendary
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Bitcoin is the first decentralized crypto currency that runs through the blockchain network introduced by satoshi nakamoto in 2009 (this is a brief understanding)
while ALTCOIN stands for Alternative Coin. where altcoin was created after bitcoin. and also runs on a blockchain network. Altcoin was created as an alternative to a transaction other than bitcoin.
full 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



I suggest search into google or youtube to get more information what is the difference between bitcoin and altcoins, anyway hope i can help you base in my own  knowledge and understanding the difference bitcoin and altcoins.
Bitcoin is came from the miners using computers with high quality GPU
Altcoins is came from the project devs(ICOS) as alternative currency traded into bitcoin.
member
Activity: 798
Merit: 38
To the layman, at the mention of the word coin, the first thing that comes to mind first is Bitcoin. The reason is that it is the first coin and the most popular. Although, some people were of the opinion that some had been created long time ago, before the advent of bitcoin, but as much as I know, the first cryptocurrency in the light of digital currency, s Bitcoin. Those that were created by developers alike are now called At coins, which singly bear their different names.
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

bitcoin is the first coin in cryptocurrency made by satoshi nakamato in 2009 after the world experienced a global crisis in 2008. while altcoin is an alternative coin that is cryptocurrency coins that appeared after bitcoin. bitcoin is the main coin in cryptocurrency bitcoin as a reference for altcoin. every bitcoin prices go up then most altcoins also increase. and when bitcoin goes down altcoin also goes down. bitcoin is like usd in fiat money.
hero member
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Actually there's a lot of difference then if i post all of that here then i think that's really long so better to search or study it OP one by one

Start first to search or study Bitcoin then after that try to search Ethereum,Bitcoin Cash then Ripple and more alts then if you base in their potentials then better to really rely in Bitcoin than in many Altcoins
Yes the best way is to research , you can see many different blogs and youtube video explaining the difference of those bitcoin and altcoin. If the OP already member of this forum they should know it since there are many related topics to bitcoin and altcoins here.
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the difference is bitcoin is one of the biggest cryptoqurrency in the industry and altcoin is an alternative investment besides bitcoin, you can see in the CMC market that there are many thousands of altcoins available there. but not all altcoin is profitable for investment, you need to reconsider before investing with altcoin.
hero member
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Bitcoin is the cryptocurrency that has been made by satoshi and no one knows where he is right now. Despite his absence, the success that bitcoin is reaching right now is very impressive. With altcoins, you can have a bunch of options but many of them are not worth to invest. While in bitcoin, every amount that you will invest is worth it. Alts can be gone and go low in volume while bitcoin, the majority of the community looks forward to its success and even it swings, no worries because it's pretty normal.
hero member
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Altcoin and Bitcoin have differences in many ways. The method of distributing coins and the economic model used by altcoin is also different from Bitcoin. The mining algorithm used also uses different methods.

The price of Bitcoin is also more stable compared to Altcoin because many investors are investing in Bitcoin so that it makes the volume even higher.

Unlike Altcoin, the price is unstable or more volatile due to the lower altcoin market. The Altcoin market is also vulnerable to price manipulation by various groups to get a lot of profit.
full member
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What is the difference between Bitcoin and altcoin in more detail Huh
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You'll never know the differentiate of them if you only make a post on bounty thread (just see on your post history and most of your post only made on bounty thread). There are a lot of information what altcoin is and what bitcoin is. Just active on local board discussion or active on beginner and help and I'm sure you will know them.

If you don't do that and just focus on bounty campaign you will be fooled of it. I guess the people on this forum have known the type of bounty. Don't be weird if you get nothing from it just because you are promote scam bounty even bounty campaign who pay you but the token is not worth.
sr. member
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What is the difference between Bitcoin and altcoin in more detail Huh
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If you want to have some detail then just search it then you can also input bitcointalk because there are some newbie right here before who ask like question you do.

If you have a question go to beginners and help to learn some more.
full member
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What is the difference between Bitcoin and altcoin in more detail Huh
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Simple, the difference between bitcoin and altcoin, bitcoin is a first cryptocurrency and the altcoin is a short name of alternative coin, after success launched of bitcoin there are many altcoins have been created like ethereum, litecoin, dogecoin, neo and etc.
sr. member
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Bitcoin is the King of all cryptocurrency so it is dominance and still the number one despite of thousands of crypto that is showing in the market.

Altcoins are other coins/tokens aside from Bitcoin, as simple as that. Almost all coins/tokens differs in use cases. There were altcoins that trying to be on top too but still they can't defeat Bitcoin.
sr. member
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I think it's easy to distinguish between Bitcoin and Altcoin, but if you ask this forum then the answers from them will be different, so if you want to find it easily, please search on google because there will be clear details, but my advice is you have to be active on this forum so they know what bitcoin and altcoin are, and of course they are very different.
hero member
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What is the difference between Bitcoin and altcoin in more detail Huh
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Bitcoin is the very first blockchain crytocurrency ever created, the other coins named altcoins in segregation to the level of the projects from bitcoin. That's the people nature whoever do first will always be remember, unlike the one follows after that. For me not much difference in terms of tech since altcoins have known their tech or idea from bitcoin basically same use cases. But altcoin can be modified on usage they wanted to like incorporate in different real world situations.
Bitcoin plays a very important role in this market because all volatility depends a lot on Bitcoin so this is the only stable coin in this market. Most altcoins have no value in investing and are just a tool for people to make money so it is best if you choose to invest safely, only Bitcoin is the best choice in the bear market. It is possible that Bitcoin has obsolete technology but is still chosen by many because no one can attack the blockchain technology.

Personally, I am still investing and will continue to invest in this market in the future because the crypto market has many good opportunities for me to make money and will always hold Bitcoin for a long time.
legendary
Activity: 2128
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What is the difference between Bitcoin and altcoin in more detail Huh
If you often read and feel like learning, surely you will find the difference between Altcoin and Bitcoin.

1. Broadly speaking the meaning and meaning of Altcoin are: https://www.google.com/amp/s/whatis.techtarget.com/definition/altcoin%3famp=1

2. And one more difference between Bitcoin, the meaning of bitcoin is: https://www.google.com/amp/s/whatis.techtarget.com/definition/Bitcoin%3famp=1

I hope the two meanings of Altcoin and Bitcoin above can provide true meaning to you.
Keep looking and asking friends or cryptocurrency communities about Altcoin and Bitcoin.
I am sure you will succeed in the world of crypto with your study.
full member
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No offense mate but what are you asking is a little bit broad. Did you even try first to make a research about it? I advice you to do it own your own first because some of the members here don't tolerate spoonfeeding Grin.

Anyway, let me give my own answer for your question. Bitcoin and altcoins both fall as cryptocurrency. Let's just say that btc is the pioneer and the rest is a copycat Grin (but some of them really got interesting features tho which btc don't have).
sr. member
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What is the difference between Bitcoin and altcoin in more detail Huh
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There is only one Bitcoin. Only Bitcoin is Bitcoin. Anything else that is not Bitcoin or has a Bitcoin in its name but is not Bitcoin is an altcoin. That is the most basic difference. That is why they are called altcoins because they are alternative cryptocurrencies. Alternative to Bitcoin in other words. Bitcoin is used as a currency, a mode of payment that can be used instead of fiat. Altcoins have different purposes. Some are used for their own ecosystem, some are made for the sake of privacy, and some are used for gambling.
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
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Bitcoin is the very first blockchain crytocurrency ever created, the other coins named altcoins in segregation to the level of the projects from bitcoin. That's the people nature whoever do first will always be remember, unlike the one follows after that. For me not much difference in terms of tech since altcoins have known their tech or idea from bitcoin basically same use cases. But altcoin can be modified on usage they wanted to like incorporate in different real world situations.
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What is the difference between Bitcoin and altcoin in more detail Huh
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Coins other than bitcoin are called altcoin because bitcoin is the main currency in the cryptocurrency market. Bitcoin is the first choice because bitcoin is a pioneer in the field of cryptocurrency besides bitcoin is a coin that has the largest market cap value
hero member
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Bitcoin is considered as the main cryptocurrency since it is the first cryptocurrency to become successful. Altcoin, on the other hand, has a lot of variation since each of them is uniquely created for different purpose and each has their own unique function and feature. This forum will be a great help for you to explore about cryptocurrency and blockchain.
jr. member
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The most decentralized coin in the cryptosphere is bitcoin and it is the pioneer that has prepared the ground for others to come in.
Altcoins are those coins that were created starting fromm 2013,  including all tokens using the block chain of others.
legendary
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What is the difference between Bitcoin and altcoin in more detail Huh

I think it is an easy question and you definitely can find out the answer only by googling or using "search feature" in this forum.
Even if you are a newbie or beginner, I suggest you try to find out yourself first before asking.  Smiley
sr. member
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Apart from Bitcoin and its forks(https://en.wikipedia.org/wiki/List_of_bitcoin_forks), all the remaining coins and tokens are altcoins. Since BTC was the first to be created, the ones created after that are called altcoins(alternative coins).
That's it in a nutshell, and I couldn't have stated it more succinctly.

Op, you need to be aware that the vast majority of altcoins (everything that isn't bitcoin) are pure crap and aren't worth owning.  You ought to take a look at coinmarketcap.com and look at some of the coins with the highest market cap, ie, the total value of all of a particular coin that's on the market.  Usually the rankings on there are a good indicator of a coin's 'quality' but not always.  Tether is very high on the rankings but it's a stable coin and in my eyes it isn't worth owning.

Tokens aren't really altcoins because they don't have their own blockchain.  They exist on the Ethereum platform usually, and in my opinion most of them were created by scammers.
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What is the difference between Bitcoin and altcoin in more detail Huh
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You can find the details and answer about this on google.
But let me tell you something, Everything created after bitcoins is called "altcoins". Which means bitcoin is the king altcoins are just the fruits but not all fruits are good right. Altcoins have the ability to fit on our daily needs, create some dapps. Etc.
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Bitcoin was the first decentralized, digital coin first introduced in cryporcurrency for transaction. I can say bitcoin is the father of cryptocurrency while altcoin is an alternative coin created after bitcoin and the price is also influenced by the price of bitcoin.
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What is the difference between Bitcoin and altcoin in more detail Huh
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Bitcoin was the first and ever recognised digital cryptocurrency, others that were created after bitcoin, irrespective of their names and blockchain, they are all called altcoins.
So simply put:
Alt = Alternate
And together it is alternate cryptocurrency, called altcoin.
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This has already been explained to you seriously. I will allow myself a frivolous explanation.
Imagine a bunch of shit. There are several cherries on top of this heap. The most mellow and beautiful cherry is 50 times larger than the rest. So, the biggest cherry is Bitcoin, and the smallest cherries are the best altcoins. And a bunch - the rest of the altcoins Grin.
sr. member
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You can read it on this site https://carainvestbisnis.com/5-perbenti-bitcoin-and-altcoin-yang-most- prominence/, if you don't understand Indonesian, then use the translation into English.
sr. member
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What is the difference between Bitcoin and altcoin in more detail Huh
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To summarize and hand you some takeaways from as far as my knowledge can provide, here are some keypoints to remember about bitcoin and altcoins.

Bitcoin - the first decentralized cryptocurrency.
   a. Decentralized, exists on every full node on the network.
   b. Limited supply, therefore deflationary.
   c. Development of features is slow, but is good to ensure security.
   d. No central founder/institution. Made by a person named Satoshi Nakamoto, which identity isn't verified until now.

Altcoins - variations based on Bitcoin's network and blockchain framework.
   a. Over 4,000 altcoins exist in the market.
   b. More prone to full shut down in times of crash.
   c. Some are decentralized, while others like stablecoins are manipulated.
   d. Often features something Bitcoin still does not have.
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What is the difference between Bitcoin and altcoin in more detail Huh
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I see that few other members have already explain the difference between bitcoin and altcoin so i am just going to give you few advice because you are a newbie

1. Forget about money making first
2. Spend some times on past histories of bitcoin and altcoins, it will help alot
3. Understand what demands and supply means, try to know what keeps those coins alive
4. Ignore any money doubling offers, there is no such thing as free on the internet, no matter how genuine they seem its all lies
5. Crypto requires hardworking and learning
jr. member
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What is the difference between Bitcoin and altcoin in more detail Huh
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Simply put, bitcoin is the main coin that was born first, while altcoin is an alternative coin that was born after the existence of bitcoin. So bitcoin is the parent of altcoin or other coins.
hero member
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What is the difference between Bitcoin and altcoin in more detail Huh
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Watch out for the market: Apart from Bitcoin and its forks(https://en.wikipedia.org/wiki/List_of_bitcoin_forks), all the remaining coins and tokens are altcoins. Since BTC was the first to be created, the ones created after that are called altcoins(alternative coins). I can not generalize the difference between them, you will learn it yourself as time goes by.
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ok,  thks you very much
legendary
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What is the difference between Bitcoin and altcoin in more detail Huh
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You can get the information about your question here https://bigthink.com/technology-innovation/difference-bitcoin-and-altcoins.
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What is the difference between Bitcoin and altcoin in more detail Huh
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