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July 02, 2018, 01:59:57 PM |
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Since the incepon of bitcoin lot of efforts by the genius minds resulted in introducon of hundreds of altcoins alternate to bitcoin . most of the altcoins use the same fundamental building blocks as bitcoin. However, there are significant differences between some cryptocurrencies with regards to the level of innovaon and some simply feature different parameter values like different block me, algorithm, currency supply and issuance scheme. with their more unique features some altcoins gained the high market capital. Even though there are hundreds of altcoins in the market, there is no proper exchange for the users to trade their altcoins to their desired fiat currency. The problem with the current exchange is one needs convert their altcoins to bitcoins and then bitcoins to their desired fiat currency. the process is too long and it exhausts high amount of transaconal fee
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