Altcoin News
While Bitcoin is the most famous cryptocurrency, it is far from the only one, due to the existence of alt crypto. But what is an alt coin? In short, altcoins are all coins that originated following the launch of Bitcoin in 2009, including Litecoin, Dash, Monero, and many, many others – according to some estimates, there are more than 1400 altcoins you can trade with or use for other purposes.
Altcoins use the same underlying blockchain technology as Bitcoin while running on their own individual blockchain networks. Still, they vary greatly in many relevant factors, including mining characteristics, block size, transaction fees and speed, and even the coin’s purpose. Therefore, while categorized under the same umbrella term, it’s best to analyze and approach each altcoin on its own terms.
Without those differences, the crypto industry wouldn’t be what it is today — not only a sprawling trader’s market with many coins to invest in, but also the breeding ground for new ideas and use cases involving Bitcoin and unique altcoins.
TradeCrypto brings all the latest Altcoin News worth sharing. And for guides and other informative articles, feel free to check out our Altcoin Academy.
