Altcoins

Altcoins are cryptocurrencies other than Bitcoin, like Ether or Litecoin. They enable decentralized transactions and often differ in technology, purpose, and use cases.

The word altcoin refers to cryptocurrencies other than Bitcoin.

Altcoins are also blockchain-based cryptocurrencies and allow P2P decentralized transactions. Although altcoins share similarities, they are also very different in terms of technology or goals.

For example, Ether, XRP, or Litecoin are altcoins.

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Altcoins

What is

Altcoins

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