What was the first Altcoin?

[Vivisector999]

https://www.coindesk.com/what-are-namecoins-and-bit-domains/

[AltCreators]

zerocoin too.

Zerocoin was made to create clones of other stuff

[bassong]

Was anyone around back then?  What was the general opinion of it?

In april 2011, namecoin was created as an attempt at forming a decentralized dns, which would make internet censorship very difficult. Soon after, in october 2011, litecoin was released.

[Rekey]

ok with that said does anyone know the first 10 alts for comparison sakes

[rurubot]

The first altcoin that was introduced to the market of cryptocurrency is Namecoin. It was created in april 2011 right after the creation of bitcoin.
It is one of the ten altcoins,the intention of namecoin's creation was to decentralize domain registrations.
Namecoin is still among successful altcoins and can be also used as a digital currency payment purpose.

All this time i thought it was ltc. namecoin is not that popular because it is not on the top list whenever i search about altcoins. This really helps. Thanks for the info.

[iljamlnk]

The first altcoyin was Namecoin (NMC) presented in 2011. Although it is a currency, the main goal of Naimkoin's development is decentralization in domain name registration, which will make the process state. Internet censorship is much more difficult. At the moment, Namecoin is ranked 41st among all the altcoins by market capitalization.

[CryptoAnnie]

The first Altcoins introduced in the crypto market was Namecoin, though i don't have much knowledge about it but i heard this coin has become one of the most popular cryptocurrencies of the present time.

[paxmao]

great info I don't know that Namecoin was the first alt coin that has been created after btc, not really familiar with such project and I'm happy to learned
it from here though I'm still thinking that ltc was the the first alt coin as well thinking that it was a copycat of btc.

yeah same with me its first time i heard Namecoin as the first altcoin but what happen with namecoin now sir?
die or still successfull?

One of the first alt-coins was de-facto bitcoin itself. People tend to think that it was the first because there are many people crazy about it, but there were previous experiments / coins.

[shimbark123]

The first altcoin that was introduced to the market of cryptocurrency is Namecoin. It was created in april 2011 right after the creation of bitcoin.
It is one of the ten altcoins,the intention of namecoin's creation was to decentralize domain registrations.
Namecoin is still among successful altcoins and can be also used as a digital currency payment purpose.

Whoan thank you for this knowledge sir. But all of my friends told me that the first altcoin that was created was LTC I think that is why many people are patronizing this coin.

[Adil Amim]

Namecoin is the first Altcoins introduced in the crypto market, it is a unique among Altcoins. It is not a currency, namecoin is a decentralized domain name system as same as Bitcoin.

[webmone]

Was anyone around back then?  What was the general opinion of it?

If I am right the first altcoin was a Litecoin. Telling more it is the first fork of Bitcoin and maybe currency that one of the most developed and mined by users around the world. Litecoin show stable price results for a long time, this is good investment.

[newbie-hero]

Was anyone around back then?  What was the general opinion of it?

If I am right the first altcoin was a Litecoin. Telling more it is the first fork of Bitcoin and maybe currency that one of the most developed and mined by users around the world. Litecoin show stable price results for a long time, this is good investment.

[dado7]

The first altcoin that was introduced to the market of cryptocurrency is Namecoin. It was created in april 2011 right after the creation of bitcoin.
It is one of the ten altcoins,the intention of namecoin's creation was to decentralize domain registrations.
Namecoin is still among successful altcoins and can be also used as a digital currency payment purpose.

Till now I thought it was litecoin. Just curious, Is namecoin anyway related to namecheap?

It's always like that. For example, you would thinkg that Chuck Berry was the inventor of Rock'n'roll in it's true meaning, but then you find out there were many less known guys playing those same things before them and that even his most famous riff was borrowed. In any case, he took it to a completely new level, nothing wrong with that, still a legend for me and I am very happy I had the opportunity to see him playing live.

To cut the story short - you can always expect something nameless to be "the first". Even Bitcoin was not the first cryptocurrency. There was Hashcash and a few others. Different in technology, different purpose, but very similar in it's nature.

[DogeMoonCoin]

Was anyone around back then?  What was the general opinion of it?

If I am right the first altcoin was a Litecoin. Telling more it is the first fork of Bitcoin and maybe currency that one of the most developed and mined by users around the world. Litecoin show stable price results for a long time, this is good investment.

Namecoin NMC 18 April 2011; 1st fork of Bitcoin
Namecoin was the first fork of Bitcoin and still is one of the most innovative “altcoins”. It was first to implement merged mining and a decentralized DNS. Namecoin was also the first solution to Zooko’s Triangle, the long-standing problem of producing a naming system that is simultaneously secure, decentralized, and human-meaningful.

[efey39]

In the crypto money world, a lot of subcoins have emerged in recent times. it is very difficult to choose the time you want to invest. the first subcoins I have taken are appc and rdn.