Altcoin refers to any cryptocurrency other than Bitcoin. These alternative coins were developed to improve on Bitcoin’s design or to offer new features and functionalities tailored to specific use cases.
Altcoins can focus on various aspects such as increased transaction speed, enhanced privacy, or improved scalability. They provide a diverse range of options for investors and developers in the digital economy.
Examples of altcoins include Ethereum, Litecoin, Ripple, and many others, each with its unique technology and market niche.
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