Everyone is talking many about altcoins but i dont have an idea about what is the altcoin.can someone explain me about altcoin
Technically speaking, "altcoin" is the short term of Alternative "alt" and "Coin" which declares the currency itself. Users use Altcoin as alternative for Bitcoin digital currency to carry out cheap and efficient way transactions. Also mining is one of the reason why users use Altcoin. There is a lot of cryptocurrencies invented as of now but this one is trusted because for me this is the closest competitor of Bitcoin i dare say.
