What Are Altcoins? The Different Types of Cryptocurrencies Explained


Altcoins are cryptocurrencies that are based on the Bitcoin network. The term stems from the fact that it is an alternative to Bitcoin. You might have heard about bitcoin, the most famous cryptocurrency on the planet. But there are others, too—known as altcoins. What are altcoins? Simply put, they’re cryptocurrencies that aren’t Bitcoin. Many of […]