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Author Topic: can anyone explain me about altcoin?  (Read 151 times)
akram143 (OP)
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October 11, 2017, 08:06:32 PM
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Im new to the cryotocurrency world i just learn lot about bitcoin but i didn't know about altcoin so i wanna know about altcoins too.

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Once a transaction has 6 confirmations, it is extremely unlikely that an attacker without at least 50% of the network's computation power would be able to reverse it.
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gotit
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October 11, 2017, 08:09:52 PM
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You can learn about the different coins here:

https://coinmarketcap.com/coins/

Click on each coin you want to learn about, and visit the website listed for that coin.
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October 11, 2017, 08:10:47 PM
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Altcoins are alternate coins, so crypto coins different then Bitcoin.
Is there any specific coin you would like to know?
Because altcoins can differ a lot from coin to coin.
You can view the whole list on coinmarketcap.com, take a look.
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October 11, 2017, 08:21:17 PM
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Im new to the cryotocurrency world i just learn lot about bitcoin but i didn't know about altcoin so i wanna know about altcoins too.
Altcoins are pretty much Cryptocurrency that isn't Bitcoin. "Alternative coins".
Many are designed similar to Bitcoin, but to provide different uses..
You've got ones for smart contracts, ones that act as supercomputers, anonymity, etc.

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October 11, 2017, 08:24:40 PM
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The first altcoins is litecoin.
And now it is very successful.
Bitcoin like gold and litecoin like silver.

But now the best altcoin is Ethereum. It created by Vitalik Buterin - wunderkind from Canada with Russian roots.
On Ethereum there are many dozens and dozens new altcoins. And many are successful. So it is possible to create on Ethereum new coins.
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October 11, 2017, 08:31:31 PM
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Altcoins Alternate cryptocurrencies - bitcoin alternatives all the same. the are currencies that they can be mined using the hardwares like: Scrypt Alternate Cryptocurrencies (Altcoins using scrypt algorithm),Hybrid and CPU alternate cryptocurrencies(Alt coins using other, innovative hashing algorithms ) SHA-256 Alternate Cryptocurrencies ( hashing algorithm as Bitcoin.)
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October 11, 2017, 08:32:11 PM
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Im new to the cryotocurrency world i just learn lot about bitcoin but i didn't know about altcoin so i wanna know about altcoins too.
I will define altcoin as any other cryptocurrency expect for bitcoin. There are a lot altcoins with new ones launching every week. Altcoins perform different functions and are built on different platforms. If you want to know and understand altcoins better, go through a page hundreds listed there, its called coinmarket cap.

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