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Author Topic: Why calling other currencies altcoins ?  (Read 206 times)
rayk
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December 05, 2017, 06:57:02 PM
 #21

'alternative coins' who the fuck can call ethereum, dash, oax, or ones more close to bitcoin: digibyte, decred, monero. They are superior to bitcoin today but stil they are alt because community matters

There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, which will follow the rules of the network no matter what miners do. Even if every miner decided to create 1000 bitcoins per block, full nodes would stick to the rules and reject those blocks.
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December 05, 2017, 06:57:43 PM
 #22

Currently all the new ICO are trying to develop platforms with different use case than Bitcoin, not similar at all, why people keep calling them altcoins although they are not alternative?

Because they'r alternative cryptocoins to bitcoin, which is the main crypto coin in the world.
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December 05, 2017, 07:00:05 PM
 #23

Currently all the new ICO are trying to develop platforms with different use case than Bitcoin, not similar at all, why people keep calling them altcoins although they are not alternative?

This is like a tradition. Seeking logic behind this is not that necessary. From the first days of other coins, they were get called as altcoins and this way people got so used to calling this.
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December 05, 2017, 07:03:17 PM
 #24

Alts are bitcoin alternatives
Tokens are diffrent story,now mining,real or non real project related.Mostly non real


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December 05, 2017, 07:09:48 PM
 #25

Currently all the new ICO are trying to develop platforms with different use case than Bitcoin, not similar at all, why people keep calling them altcoins although they are not alternative?
All crypto currencies or coins which are not bitcoin are considered as an alternative or in short alt coin. Bitcoin is the first crypto currency to be every made and other currencies were made based on bitcoin for which they are known as altcoin. Easier to separate them.


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December 05, 2017, 08:02:21 PM
 #26

Currently all the new ICO are trying to develop platforms with different use case than Bitcoin, not similar at all, why people keep calling them altcoins although they are not alternative?

First there was bitcoin, and it was good. Then came a whole host of other coins. They were known as "altcoins" as in "alternative to bitcoin". The name stuck, and now anything that isn't bitcoin automatically gets called an altcoin. Some will debate whether that's changing--that certain blockchains are foundational, like Ethereum, Ripple, and Bitcoin Cash--but for bitcoin maximalists, everything that isn't bitcoin, regardless of whether it's a utility token, a blockchain, a security, or whatever, will be an "altcoin."

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