What is altcoins

[Yhan]

Altcoin is a short term of alternativeto bitcoin and it is different from bitcoin in a range of ways. Ethereum is an example of altcoins. Altcoins is a part of cryptocurrency.

[twobits]

Bitcoin is just Bitcoin , BTC have high potential comparing other crypto currency , BTC like a KING    ,  Altcoins mean Alternative Coins  here most of coin don't have high potential,  All Altcoin base on mostly Eherium

Altcoin just like an improvement from the bitcoin code with the scalability fixed. To fix the scalability problem of the bitcoin itself. you can see about the fact that the altcoin has fast transaction rather than the bitcoin itself. that's a simple explanation

[Hamzahaddane]

all coins  except btc are called altcoins

[ghost424]

Alternate coins or altcoins are also part of the whole cryptocurrency system. We can compare that bitcoin is the dollar in the cryptocurrency world where they depend the price of other currency to this currency. Altcoins are cryptocurrency with other values they maybe lower than bitcoin. We can say that bitcoin has the highest value of cryptocurrency and other altcoins like ethereum is following its footsteps.

[Praetorian.1legion]

Pls am a newbie here what is the difference between altcoins and Bitcoin

Bitcoin is the main coin on crypto-exchanges and in relation to it is traded in altcoyne pairs. Altcoins are alternative coins that were initially attached to any projects when they appeared, but they should not be compared with bitcoin. There are a lot of them, and bitcoin is one. Bitcoin is more than a coin. This is the foundation, this is religion and it is already 9 years old.

[Vadimvasily]

Bitcoin is the main coin That create first in cryptocurrency and altcoin(alternative coin)  are small coins developed by developers that can be obtained through airdrop and bounty.

[Albertartur]

Bitcoin is the first then the alts are like derivation of btc. The bitcoin is the mother of all altcoins

[kambaralikhan]

Bitcoin was the very first cryptocurrency of the world. After Bitcoin creation, any other cryptocurrency of the world, existing and upcoming will be classify as Altcoin (Alternate cryptocurrency) Alcoin is the term used to call any other cryptocurrency that isn't bitcoin. Ethereum, Ripple, Zcash, Litecoin etc are very famous and highly demanded altcoins.

[Priyesh_gooner]

Altcoins as the term suggests Alternate to Bitcoin ...there are thousands of alternative cryptocurrency out there...Some have started well...some have a lot of potential...while a lot out there are just scams...

[cryptomarijuana]

Altcoins defines any coin rather than bitcoin itself in the cryptocurrency world.

[Flickkk]

altcoin is an alternative coin .
because bitcoin is the main coin.
it is where you can plan B if bitcoin is dumping .

[f150]

Pls am a newbie here what is the difference between altcoins and Bitcoin

Bitcoin is the parent of all types of altcoin and bitcoin can also stand alone without any altcoin that supports it, whereas altcoin is an alternative way to get bitcoin and altcoin can not stand alone without any support from bitcoin.

[Satish147]

Coins which are other than main coins called as altcoins

Here I assume main coins are Bitcoin, Etherium, litecoin

[Bambinoe]

Altcoins are other cryptos/coins outside Bitcoin...

[ybcuongdz1]

The word “altcoin” is an abbreviation of “Bitcoin alternative,” and thus describes every single cryptocurrency except for Bitcoin. Altcoins are referred to as Bitcoin alternatives because, at least to some extent, most altcoins hope to either replace or improve upon at least one Bitcoin component.

[AlexW333]

BTC is first cryptocurrency

alatcoins is that after btc

[ilhamsugihamin]

Bitcoin is the bitcoin coin that was first created, while altcoin is an alternative coin that only the term coins such as eth, ripple and others.

[Trixie28]

Altcoin is any digital cryptocurrency similar to Bitcoin. Stand for “alternative to Bitcoin” and is used describe any cryptocurrency that is not a Bitcoin.

[waitforme]

The coin that is not called bitcoin is a generic word for altcoin. That is the term used to refer to the coin: eth, xmr, dash ... it is altcoin.

[Red Lanterns]

'Altcoin' stands for 'alternative coin'. It could be any of cryptocurrency but Bitcoin which was initially created. Many of them are very similar, changing only a couple of characteristics such as speed of transaction in the network or coin assignment. However some of altcoins are created using unique innovations.