few technical questions about altcoins

[ziliboba487]

Guys I am not sure if this is the right place for these questions. anyway

These questions about modern, new crypto currencies as Doge, Shiba, etc.

Do they normally have dedicated eco system being peer-to-peer payment system, have their server pools, like Bitcoin network? Or these "coins" are some kind abstractions, "tokens" which just can be traded on crypto exchanges?

How do the new cryptos which work like bitcoin with their network and proof-of-work, protect from an attack of someone who has significantly higher CPU power (pool of servers), who can re-do the proof-of-work rebuilding the block chain in the attacker favor?

Do the first coins appear from mining first blocks, or there are first transactions with some kind of initial deposits?

[barabeku]

Dogecoin has its own blockchain and it works on Proof-Of-Work consensus like Bitcoin. While Shiba Inu hasn't its own blockchain. SHIB tokens are ERC-20 tokens in the Ethereum network and it cab be trade on different other chains. We can "mine" shiba by locking shiba in staking pool. Dogecoin has its genesis block and it can be mined just like Bitcoin using power of computers.

[susuberuang]

Dogecoin has its own blockchain and it works on Proof-Of-Work consensus like Bitcoin. While Shiba Inu hasn't its own blockchain. SHIB tokens are ERC-20 tokens in the Ethereum network and it cab be trade on different other chains. We can "mine" shiba by locking shiba in staking pool. Dogecoin has its genesis block and it can be mined just like Bitcoin using power of computers.

That's right, bro, both of them have fundamental differences with each other so that everyone can judge it with their own views and I personally still see that Dogecoin is still very good from Shiba Inu even though Shiba Inu's position is above Dogecoin now.

[jrrsparkles]

Guys I am not sure if this is the right place for these questions. anyway

These questions about modern, new crypto currencies as Doge, Shiba, etc.

Do they normally have dedicated eco system being peer-to-peer payment system, have their server pools, like Bitcoin network? Or these "coins" are some kind abstractions, "tokens" which just can be traded on crypto exchanges?

How do the new cryptos which work like bitcoin with their network and proof-of-work, protect from an attack of someone who has significantly higher CPU power (pool of servers), who can re-do the proof-of-work rebuilding the block chain in the attacker favor?

Do the first coins appear from mining first blocks, or there are first transactions with some kind of initial deposits?

Doge coin isn't actually a new coin while Shiba Inu is literally created and hyped a lot after the success of doge.

actually the decentralization of a blockchain is ensured by the nodes so if there are more nodes the decentralization is going to be high and that is why 51% attack on bitcoin becomes literally useless while it can be still performed on altcoins.

Transactions with high fee will reach the queue first but once it reached the block it will be confirmed depends on the miner and which pool they are actually into.

[Vaskiy]

Shiba uses lots of similar programming languages as dogecoin. The key focus of shiba was to ride the success of dogecoin and make money. Now they've succeeded in it reaching the 9th position on coinmarketcap. This is why it was termed to be dogecoin killer. The supporters themselves formed a community as ShibArmy. Initially it was created as a fun, but the hype or the coincidence through a personality gave it big attention. More people moved towards it and the increased investment made the market progress continuously. Now slowly they're gaining good momentum than a hype and crash coin.

[TastyChillySauce00]

Do they normally have dedicated eco system being peer-to-peer payment system, have their server pools, like Bitcoin network? Or these "coins" are some kind abstractions, "tokens" which just can be traded on crypto exchanges?

Doge have it but it's not for shiba. Shiba was ERC20 asset and this asset pegged with ethereum blockchain. That's why shiba was different with doge and bitcoin that used its own network.

How do the new cryptos which work like bitcoin with their network and proof-of-work, protect from an attack of someone who has significantly higher CPU power (pool of servers), who can re-do the proof-of-work rebuilding the block chain in the attacker favor?

The majority of new cryptos are using POS instead of POW due to the efficientcy. I think that you must read some articles about POS. This is a proof of stake mechanism that lets stakers to hodl the blockchain.

Do the first coins appear from mining first blocks, or there are first transactions with some kind of initial deposits?

That depends on what consensus that used by coin. If that was using POW and it will be appearing from mining the first block but the different implementation when it comes to the POS

[dimonstration]

Guys I am not sure if this is the right place for these questions. anyway

These questions about modern, new crypto currencies as Doge, Shiba, etc.

Do they normally have dedicated eco system being peer-to-peer payment system, have their server pools, like Bitcoin network? Or these "coins" are some kind abstractions, "tokens" which just can be traded on crypto exchanges?

How do the new cryptos which work like bitcoin with their network and proof-of-work, protect from an attack of someone who has significantly higher CPU power (pool of servers), who can re-do the proof-of-work rebuilding the block chain in the attacker favor?

Do the first coins appear from mining first blocks, or there are first transactions with some kind of initial deposits?

Most of the new coin is not PoW(Proof of Work) but rather PoS and other protocol that they invented. I think you are referring now as modern coin are blockchains token coin, Most the blockchain was coded on a smart contract which means no one allows to edit unless you are the owner of that address.

Most of tokens right now was built on existing blockchain unlike before that it works as Peer to peer on there own separate network.