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.
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.
