What is AltCoin

What is AltCoin

 

After the domination of Bitcoin as a leader in the cryptocurrency market, many alternative coins emerged, these alternatives were abbreviated ‘AltCoin’. Many of these AltCoins are striving to aim for any perceived limitations that Bitcoin has come up with and distinct versions with better technology to gain competitive advantage. Most altcoins are built upon a basic framework provided by Bitcoin. Thus most altcoins are peer to peer, involve a mining process with over efficient and comparatively cheap ways to carry out transactions. However, with many overlapping features, altcoins are very distinctive in nature. Examples of altcoins include Litecoin, Dogecoin, Peercoin, Feathercoin, Zetacoin, where Litecoin is the closest competitor to Bitcoin.
What is AltCoin What is AltCoin Reviewed by AltCoins Reviews on August 28, 2017 Rating: 5

No comments:

Powered by Blogger.