Bitcoin Forum

Other => Beginners & Help => Topic started by: Ol!v!er on September 13, 2017, 07:19:23 AM



Title: bitcoin and other cryptocurrencies
Post by: Ol!v!er on September 13, 2017, 07:19:23 AM
So what it is difference between bitcoin and other cryptocurrencies?


Title: Re: bitcoin and other cryptocurrencies
Post by: DaMut on September 13, 2017, 09:06:02 AM
Bitcoin is a genuine item,
and Altcoin is a sub generation of the genuine item which is improved by developer/people.
in brief it's like this :
Bitcoin created for them to send their money around the world without restriction and anonymity.
and altcoin created based on the Bitcoin itself with new innovation and discovery from other developers.
for example we can see Ethereum,
it's created based on Bitcoin and then they made a new discovery in token system,gas system and else.
but the most important this is,no matter what is it,it will never replace the genuine.
as we can see a lot of people using an altcoin as a tool for them to get more Bitcoin,because it will never replace it no matter what.





Title: Re: bitcoin and other cryptocurrencies
Post by: Wusolini on September 13, 2017, 09:41:34 AM
Bitcoin was first. Genuine and revolutionary idea which became foundation stone for all others.
But is good to note most of altcoins has some improvements and additional features.


Title: Re: bitcoin and other cryptocurrencies
Post by: Ol!v!er on September 13, 2017, 10:02:21 AM
Bitcoin is a genuine item,
and Altcoin is a sub generation of the genuine item which is improved by developer/people.
in brief it's like this :
Bitcoin created for them to send their money around the world without restriction and anonymity.
and altcoin created based on the Bitcoin itself with new innovation and discovery from other developers.
for example we can see Ethereum,
it's created based on Bitcoin and then they made a new discovery in token system,gas system and else.
but the most important this is,no matter what is it,it will never replace the genuine.
as we can see a lot of people using an altcoin as a tool for them to get more Bitcoin,because it will never replace it no matter what.





so only base cryptocurrencies  is bitcoin and others are only copy of it ? or there is other base source like bitcoin


Title: Re: bitcoin and other cryptocurrencies
Post by: DaMut on September 13, 2017, 10:36:35 AM
cryptocurrency exist because of Bitcoin,
just like i said before,Bitcoin created for them whom want to send their money around the world without restriction and anonymity,
and altcoin using that as their floor/base for their project and development.
for example look at BowHead for example,
they created BowHead project for them who want to buy a medical instrument using cryptocurrency using BowHead Coin.
no matter what project is it,it will always following Bitcoin as their main source and mision.
but the difference is they made their own discovery and innovation for everything unlike Bitcoin.
Bitcoin is created in general,used as a online payment to send accross the world.
and altcoin used as a online payment for spesific purpose


Title: Re: bitcoin and other cryptocurrencies
Post by: Papski on September 13, 2017, 12:38:53 PM
So what it is difference between bitcoin and other cryptocurrencies?

Both do not have any difference because both of them are classified as a digital currency the differences can only be are the way how they were code. Its not a big thing though


Title: Re: bitcoin and other cryptocurrencies
Post by: Jannn on September 13, 2017, 01:06:23 PM
So what it is difference between bitcoin and other cryptocurrencies?
If we look at the advantages of Bitcoin and Altcoin dude , We will see that Bitcoin is more competent than altcoin.
Quote
The main advantage of Bitcoin on other cryptocurrency are the proven security to its user and the Bitcoin also has the largest developer ecosystem than any altcoin but remember altcoin have also a advantage to Bitcoin.


Title: Re: bitcoin and other cryptocurrencies
Post by: sabbathhawk on September 13, 2017, 01:46:49 PM
Bitcoin is a main currency! It was first. There are several main points about bitcoin
1. All other crytocurrencies are traded with bitcoin. That means if you want other cryptocurrency you need to buy bitcoin first.
2. At the moment bitcoin is the most adopted crypto coin. You can buy online and ofline with it. And each day more and more merchants become to use it
3. Bitcoin have the best infrastructure (wallets, exchanges, services etc.)
4. Bitcoin is the most secure with the biggest hashrate
5. Bitcoin have best developers

 


Title: Re: bitcoin and other cryptocurrencies
Post by: Fretcy on September 13, 2017, 06:29:24 PM
Bitcoin is the top most cryptocurrency in the crypto market, some of the cryptocurrencies are a clone of bitcoin. Now a days most of the merchant's are accepting bitcoin as a media of payment for products. Bitcoin has more hash rate than any other cryptocurrencies and most of the people mine alt currencies to purchase bitcoins.


Title: Re: bitcoin and other cryptocurrencies
Post by: risatrakib on September 13, 2017, 09:47:23 PM
Bitcoin is the father and all other cryptocurrencies are the childrens of bitcoin  8) 8) 8)
Thats the diffrence between bitcoin and others


Title: Re: bitcoin and other cryptocurrencies
Post by: odolvlobo on September 13, 2017, 09:55:06 PM
So what it is difference between bitcoin and other cryptocurrencies?

There are many possible differences, primarily in the protocol and consensus rules. Also, two currencies that are otherwise exactly the same will differ in their genesis block.


Bitcoin, Ethereum, and Litecoin differ many ways. There is very little chance of confusing them.

Bitcoin and Bitcoin Cash differ only in the consensus rules.

Bitcoin and Terracoin (TRC) differed only in the genesis block for a long time.


Title: Re: bitcoin and other cryptocurrencies
Post by: mmfiore on September 13, 2017, 10:23:17 PM
It's clearly not so simple.

Bitcoin is clearly the high level. And have and could change/d its technology. Bitcoin have 9 years of perfectly working.
Which alt could say the same?

Which the bitcoin, you have the king of this world. And the king accepts/ have a certain tolerance for someone.... Till...


Title: Re: bitcoin and other cryptocurrencies
Post by: imsotiredofmoviereboots on September 14, 2017, 02:20:47 AM
For me bitcoin is used for transactions like paying and buying while the other cryptocurrencies are used only for trading to exchange for btc.


Title: Re: bitcoin and other cryptocurrencies https://bitcointalk.org/index.php?topic=2
Post by: vozphongtom on September 14, 2017, 02:50:23 AM
bitcoin always is king because in technology the first always is best , it open road for revolution tech for our live
with bitcoin the world have a money global is cryptocurrencies
other cryptocurrencies just clone of bitcoin not have new technology , maybe ETH  is Tokens , i invest  to  ETH . it have bright future


Title: Re: bitcoin and other cryptocurrencies
Post by: W!ll!am on September 14, 2017, 05:23:31 AM
all same and all from bitcoin but i think hacker who make bitcoin number 1


Title: Re: bitcoin and other cryptocurrencies
Post by: pschler on September 14, 2017, 10:34:49 AM
They have different functionalities, transaction speeds, transaction costs. Some of them are more advanced than others and have more features. Some are more specialized for a specific task. Check out some of them and they will explain their main points.