Basically, altcoin is a cryptocurrency that we're trying to work for. Since you are already a member of our society here in bitcoin, it is better for you to read threads with regards to those things that are so complex for you to understand. But that is just for now that you are a newbie. They are much reliable since those threads are made specially by those big time masters here in bitcoin. With that, they can share and impart their knowledge for you, for us all so that we can all work together with harmony and with unity. Looking forward that we can all succeed with our own little ways in struggling our journey to have a better and brighter future.
According to Google:
An altcoin is any digital cryptocurrency similar to Bitcoin. The term is said to stand for “alternative to Bitcoin” and is used to describe any cryptocurrency that is not a Bitcoin. Most popular altcoins use the same fundamental building blocks as Bitcoin.
I'm a newbie here. I don't have any idea what altcoin is. Please help me to know about it. Thank you.
Altcoins means alternative coins. The first coins we have in the cryptoworld is bitcoin. After bitcoin, all coins created are called altcoins. These coins have lower value or price than bitcoin. Some altcoins arent stay or listed in all exchanges because they disappear because they arent indemand as that of others. Altcoins also are being used as payment in most bounties we have here. The main goal of having altcoin is to exchange or trade them in bitcoin, a globally accepted coin.
I'm a newbie here. I don't know what is altcoin.
Altcoins are cryptocurrencies like Bitcoin,the term altcoin comes from the word alternative to bitcoin which clearly explain what it is,altcoin is any cryptocurrency none other than Bitcoin.As a newbie you should know some basic abbreviations for you to undertand most of the threads here in bitcointalk,congrats and welcome!
all the above quote already explain what is altcoin. the usual altcoin name heard is cryptocurrency other than bitcoin. I think the core of his understanding is as above. has been explained from some sources and understanding by friends above. thanks.