What is Altcoin?

in #bitcoin5 years ago


All people who are not in the subject, first of all they hear about Bitcoin, and do not even suspect that there are thousands of altcoins in the world of cryptocurrencies.

Altcoins call absolutely all cryptocurrencies except Bitcoin itself, since it is commonly believed that Bitcoin is the first cryptocurrency, and all other alternative currencies. The first altcoin was created in 2011, and was called Namecoin (NMC), and Litecoin became the most popular of the old guards.

All these alternative coins were created to improve the functionality of the first cryptocurrency. In all the new coins, the code is constantly being improved, the speed of transactions, security, anonymity and many other factors are improved. At the beginning of their journey, alternative coins didn’t have the goal of haipaning and making money; they really tried to improve something.

Here is an example of how the top Altcoins looked in ancient times.

So investing in this type of coin is very profitable and promising, you only need to get out on time if you see a pamp.
https://t.me/Cryptokach

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