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Author Topic: Difference of coins  (Read 1223 times)
Knighthawk
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September 04, 2018, 11:55:40 AM
 #21

Bitcoin is the very first crypto currency in the market. Altcoin is short for the alternative coins in the market that came after bitcoin. Examples of altcoins are ETH, XRP,NEO.
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According to NIST and ECRYPT II, the cryptographic algorithms used in Bitcoin are expected to be strong until at least 2030. (After that, it will not be too difficult to transition to different algorithms.)
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Bugcoin5
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September 04, 2018, 11:57:13 AM
 #22

What is the difference of Bitcoin and Altcoin? Those two got me confused ey. Noobie here.
The difference between Bitcoin and Altcoin are
BITCOIN is the original Cryptocurrency and ultimately responsible for the invention of Blockchain technology.while ALTCOIN are tokens on different Blockchains they may or may not have started via ICOs. That’s basically it.
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September 04, 2018, 12:23:06 PM
 #23

The market is made up of crypto currency. And here are two classifications of it, one is BTC and another is altcoin. Although their purpose is the same but the fact that altcoin came after BTC, they are known as the alternative coin, short for altcoin.
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September 04, 2018, 12:43:54 PM
 #24

The difference lies in the fact that each coin is an unassailable part of the project, all projects are divided into the application of the product, some work more productively, some are behind, some do not plan to work ((
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September 04, 2018, 01:11:24 PM
 #25

What is the difference of Bitcoin and Altcoin? Those two got me confused ey. Noobie here.

Bitcoin is the first cryptocurrency invented. It is the responsible for the invention of the blockchain technology.
It is a crypto asset is well-equipped with its own framework of block chain network. While altcoins is called alternative digital cryptocurrency. Altcoins are tokens on different blockchains, they may or may not have started via ICOs.
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September 04, 2018, 01:16:20 PM
 #26

keep the spirit of friends in studying crypto. Bitcoin is the basis of the crypto market. Altcoin is an alternative fraction or coin. I think you can read this thread yourself about the answer you want. because this forum helps each other.

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September 04, 2018, 01:20:46 PM
 #27

Bitcoin is the first cryptocurrency in the crypto world, other coins are either just a copy of bitcoin or they come up with features that are not available in Bitcoin. However, these Altcoins couldn't create a dent in the track record of Bitcoin so far despite coming up with exciting features.
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September 04, 2018, 01:21:45 PM
 #28

What is the difference of Bitcoin and Altcoin? Those two got me confused ey. Noobie here.

Actually, Bitcoin and Altcoin are cryptocurrency. But Bitcoin has the special position compared to the rest and has the big influence with whole market. So, they seperate Bitcoin and Altcoin (the remaining crypto coins)

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September 04, 2018, 01:28:49 PM
 #29

There are too many crypto currencies existing in current time. we some tie hear it also that , some nation running their own crypto coin for their own.Among all of the coins, their goal are same but they are diffrent in their features and systems.Every coin use specific blockchain model.
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September 04, 2018, 01:35:02 PM
 #30

Both Bitcoin and ALTs are crytocurrencies but Bitcoin is the pioneer of crypto industry and it is considered as the standard crypto. So, the value of all the ALTcoins are calculated by comparing against Bitcoin. The movement of these alts in the market also follows the movenment of Bitcoin.
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September 04, 2018, 01:47:42 PM
 #31

Bitcoin is the very first crypto currency in the market. Altcoin is short for the alternative coins in the market that came after bitcoin. Examples of altcoins are ETH, XRP,NEO.


Definitely Bitcoin was the first coin in world similarly the other coins like ethereum, ripple, litecoin, stellar are named as altcoins. There are hundreds of alt coins in the market all you need to do is to invest in the better one to earn more money.

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September 04, 2018, 01:56:49 PM
 #32

I think your question has been answered by many friends here about the difference between bitcoin and altcoin as sunsilk explained on the thread https://bitcointalk.org/index.php?topic=4992364.msg45029644#msg45029644
I just add a little that altcoin and bitcoin are one unit that is bound to each other.

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September 04, 2018, 02:40:35 PM
 #33

What is the difference of Bitcoin and Altcoin? Those two got me confused ey. Noobie here.
Bitcoin is a cryptocurrency that was first introduced, then considered a pioneer of cryptocurrency. Therefore, bitcoin can be called the center of all coins even though technically each coin has a different algorithm.

Altcoin is an alternative coin, which you can use to cross-transaction to bitcoin. For example, BTC / ETH, BTC / LTC, and others. Basically, altcoins are also similar to bitcoin, some can be mined, some cannot be mined.

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MiChaeng
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September 04, 2018, 03:13:43 PM
 #34

What is the difference of Bitcoin and Altcoin? Those two got me confused ey. Noobie here.
obviously there are many differences, bitcoin is the parent of all altcoins, bitcoin can be said to be the king of all altcoins. bitcoin is the first coin in the digital world and is very popular in the eyes of the world. whereas altcoin is an alternative coin outside of bitcoin.
farhiamunni
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September 04, 2018, 04:36:57 PM
 #35

Among hundreds of coins, Bitcoin is the oldest and first cryptocurrency of the world. It has been using oldest technology.You should know that it is the center of crypto currencies. All the altcoins value depends on Bitcoin price.
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September 04, 2018, 04:56:08 PM
 #36

Bitcoin is the first decentralized cryptocurrency. Alternative coins also known as altcoins are the other coins than Btc. Btc is the Pioneer and a standard for digital currencies.
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September 04, 2018, 04:58:27 PM
 #37

Bitcoin is the Original first cryptocurrency that uses blockchain technology. It has highest market cap and altcoins are the other alternative coins than btc. Btc is the mother of al altcoins.
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September 04, 2018, 05:08:09 PM
 #38

Bitcoin is the original one, which got the consumers preference the most for that reason.

Is the first one who came out along with the creation of the blockchain technology and for those reasons the most valuable one by far. However, Ethereum is growing at a pace that rivals that of Bitcoin but it was released after which makes it less valuable.

Those are the main differences besides the functionality differences each coin have and if they are decentralized too or not.
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September 04, 2018, 05:08:32 PM
 #39

What is the difference of Bitcoin and Altcoin? Those two got me confused ey. Noobie here.


it is a crypto currency. Just Bitcoin is the first currency that was created on the technology of the block chain. Altcoins are coins that are created later and have their own block chain, created in the likeness of bitcoin. Altcoyins are easier to invest, since they have a lower cost.
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September 04, 2018, 06:05:21 PM
 #40

Bitcoin is the most well known cryptocurrency, where altcoin is just an alternative of that. Altcoin differs from bitcoin in many other ways. Altcoin has its own economic model and coin destribution method.
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