What is altcoin

[jerick06]

Describe altcoin in one word and why chose that word

[1714884920]

1714884920

[1714884920]

1714884920

[1714884920]

1714884920

[Canoppo99]

Describe altcoin in one word and why chose that word

Usually altcoin's are used as medium of exchange by cryptocurrency related startups business. Altcoin is only alternative coin the main coin is Bitcoin. I am sorry, I can't describe altcoin in one word because it will not explain everything.

[Fixart96]

Bitcoin is the first virtual currency in cryptocurrency, whereas altcoin is an alternative coin of bitcoin. And the purpose of this altcoin is to cover the weakness of bitcoin that is the limitation of the amount of bitcoin that has been circulating at this time.

[haji lulung]

Altcoin is the alternative cryptocurrency launched after the success of Bitcoin. Generally, they project themselves as better substitutes to Bitcoin. The success of Bitcoin as the first peer-to-peer digital currency paved the way for many to follow. Many altcoins are trying to target any perceived limitations that Bitcoin has and come up with newer versions with competitive advantages. There is a great variety of altcoins.

[BCSHonda]

Describe altcoin in one word and why chose that word

Altcoin is called "replacement bitcoin". Altcoin was born to be used as a common name for electronic money in the cryptocurrency market. Most of the altcoin are modified versions of bitcoin, improving the disadvantages of bitcoin. After the success of bitcoin in 2009, altcoin also appeared

[tambakikan]

"Altcoin" stands for "alternative bitcoin," which describes every single cryptocurrency except for Bitcoin. Altcoins are referred to as Bitcoin alternatives because, at least to some extent, most altcoins are expected to replace or at least one component of Bitcoin.

[NikoLove]

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https://bitcointalk.org/index.php?topic=3048215.0
Этo нoвый пpoeкт - oнлaйн-плaтфopмa зoлoтoдoбывaющeгo пpeдпpиятия нa блoкчeйнe Эфиpиyмa,пoмимo aкций oни выпycтили жeтoны зoлoтыx pecypcoв, кoтopыe имeют aктивeн в нacтoящий миpe, в видe зoлoтa в HP xpaнeния в Sonia:
1 000 ГДP = 1 yнция зoлoтa
B oбcyждeнии вы cмoжeтe нaйти пoдpoбнyю инфopмaцию o пpoeктe.
Taкжe y ниx ecть yдoбнaя бayнти пpoгpaммa! пpиcoeдиняйтecь!
https://bitcointalk.org/index.php?topic=3048054.0

[megi440c]

how can I explain Altcoin in one word while Altcoin is just an abbreviation consisting of 2 words.
which is obviously the term Altcoin, appears, because it is a lot of Altcoin concept similar to Bitcoin. Even many also directly build a new Altcoin by way of forking Bitcoin code.

[idioma1]

"Future". I think it is a future of all fiat currencies. Of course it will take decades but I'm sure it will change the world's attitude to paper money.

[ropyu1978]

Simply put, altcoin is a name of various crypto clusters. in outline like that.
I think you should search again a lot of knowledge by reading in various threads in this forum. there are many discussions that can make your understanding and experience grow.

[BADBITCH]

An altcoin is any digital cryptocurrency similar to Bitcoin. ... This approach is relatively easy to carry out because Bitcoin is a free, open source platform. When an altcoin forks at the blockchain level, an alternate system of consensus rules must be used and the coin will have an entirely different distributed ledger.

[rucapri0]

Useless. I chose this word because originally altcoin was called crypto currency which simply copied the source code bitcoin with minor changes

[Restmand]

Describe altcoin in one word and why chose that word

Bitcoin is like assistant.assistant is order to help someone. So we can explain that the alternative coin is help the bitcoin when the bitcoin is on the issue. Also bitcoin need assistant. Bitcoin need the altcoins because if the bitcoin is only at work i don't think it can supply all the investor eho want to use cryptocurrency

[Jaycee99]

Atcoin for me is Numerous , why altcoin is defined and pointing out different coins which one can created more names and make it a coin that can be bought and be used for investment to gain more. Altcoin can be the future of companies and entrepreneurs around the world.

"Future". I think it is a future of all fiat currencies. Of course it will take decades but I'm sure it will change the world's attitude to paper money.

I would like to barrow this one future and its because From holding and the same keeping updated of the value you and I have the possibilitiesto earn and gain more for your future as long you know the safety of you future and its limitations.

Useless. I chose this word because originally altcoin was called crypto currency which simply copied the source code bitcoin with minor changes

Why Its copied but still it can give us a future and life to every technology and even more make more for enchantment for the people. My means of speaking technology I would prefer helpful not just entertainment.

[Kryten12]

Altcoins seems to describe any other cryptocurrency that isn't Bitcoin. I think Ethereum has grown up enough to shake that tag and be classed as a major currency now on a par with Bitcoin so I would class altcoins as anything after BTC and ETH 

[Angelia46]

In addition to BTC, the other tokens are called altcoin.
If I want to use a name to describe altcoin, then I think shit, because most tokens have no value, their existence is just hype.

[Spoetnik]

..and more importantly why should anyone care ?

After the scam coin called Ethereum launched (as well as Ripple) the definition for the term went out the window.

Now it literally means anything.

[tobatz23]

Altcoin, from its word itself is a digital currency or cryptocurrency means alternate coin to bitcoin.

[aizadelacruz99]

altcoins is a alternating coin to cycle buy and sell of trading site . all list in trading is called altcoins.

[MilanaPay]

The easiest way to understand is that Altcoins are everything else except Bitcoin. One Bitcoin just is not Altcoin, he's our father!