What is the difference between Altcoin and Bitcoin?

[gowobonyok]

Besides from the spelling, what are the differences of bitcoin from altcoin. Thank you.

     The difference between bitcoins and every altcoin is their purposes or concepts and ideologies. The term altcoin which stands for alternative coin was made because this forum was made for the sole purpose of discussing about bitcoins only. But then the altcoins came which is why they became altcoins. but basically if you think about it, bitcoin is also an altcoin for every altcoin. And since this forum is the most successful one in this industry, people has adopted the term altcoins. hope this makes sense.

I understand the meaning of your statement. but my question is since I first joined this forum and started following the bounty campaign, of them no platform on bitcoin, the average altcoin to be the platform of all bounty campaign, such as etherum and waves.

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[guxu219]

Bitcoin is the first Blockchain in the Market, it is the mother of all Cryptocurrencies. It is the first main architecture of Blockchain and developers are currently maintaining it's foundation to protect the network from attacks and hacks.
Altcoins are it's offspring and it is called Alternative coins - that is other coins and not Bitcoin, the source codes are 100% from Bitcoin's core code most of the times.

[maxiimallist]

So historically, bitcoin was the first. But technologically bitcoin has long been not in the first place. Very many altcoins have advanced technologies that give them a technological advantage over bitcoin. But at the moment, bitcoin retains the title of the first coin mainly because of its immense popularity.

[last7minutes]

Besides from the spelling, what are the differences of bitcoin from altcoin. Thank you.

There are Bitcoin and all other cryptocurrencies on the market. All others are named altcoins. The difference is that Bitcoin is the first cryptocurrency expanded almost half of the market. BTC is much bigger and more influential that any other coin.

[abusama01]

Bitcoin is leader in crypto world it is peer to peer technology based on block chain,While altcoins are part of it and created by different alogrothim programming.

[bornMercurial]

From my point of view, about bitcoin in the world of cryptocurrency, it can be easily equated with gold. Altcoin and everything is cryptocurrencies, accept bitcoin. Bitcoin is the first cryptocurrency, the best known, which is a technological breakthrough. In addition, Altcoin also uses Bitcoin currency as its intermediary so you must have some Bitcoin before buying Altcoin. The last way to get Altcoin You can join a community in which their community offers Altcoin prizes to attract people to join their community.

[withche.07]

There are millions of difference between bitcoin and some specific alternative coins. But what makes special bitcoin is being first cryptocoin ever released using its own pow blockchain since 2009 (or something)

[yhnshjka]

Bitcoin is the digital currency, the largest of all cryptocurrencies. In terms of value, in the early days of the currency, due to its characteristics of anonymity, and people who like it and are willing to use it, so most of the currency value, so more and more people join in. On the other hand, Altcoin has different types, and bitcoin is just a digital asset, and I say assets because Altcoin can be either an encrypted currency or a token. Now most Altcoin has gained their value through the success of real-life projects.

[landysh007]

Besides from the spelling, what are the differences of bitcoin from altcoin. Thank you.

Bitcoin was a pioneer, this is the main difference. Over time, the block chain technology has evolved, so the new altcoins have become much more technologically advanced. But at the moment, bitcoin remains the leading coin, because it is very popular.