I've been hearing a lot about altcoin recently and I'm wondering if it's a type of cryptocurrency. I know
Bitcoin is a cryptocurrency, but I'm not sure if altcoin falls into the same category.
5 answers
Dreamchaser
Sat Jan 04 2025
Within this group, Altcoins encompass all cryptocurrencies that are not Bitcoin.
CharmedVoyager
Sat Jan 04 2025
An Altcoin represents a digital currency that serves as an alternative to Bitcoin.
GalaxyWhisper
Sat Jan 04 2025
The terminology Altcoin is derived from the amalgamation of "alternative" and "coin," collectively forming the word "altcoin."
Pietro
Sat Jan 04 2025
This term does not denote a single cryptocurrency but rather a collective group.