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dido:public:ra:xapend:xapend.a_glossary:a:altcoin [2021/07/26 17:22] murphy |
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===== Altcoin ===== | ===== Altcoin ===== | ||
- | [[dido:public:ra:xapend:xapend.a_glossary| Return to Glossary ]] | + | [[dido:public:ra:xapend:xapend.a_glossary:start| Return to Glossary ]] |
- | **Altcoin** is an abbreviation of “Bitcoin alternative”. Currently, the majority of altcoins are forks of [[dido:public:ra:xapend:xapend.a_glossary:b:bitcoin|Bitcoin]] with usually minor changes to the proof of work (POW) algorithm of the Bitcoin blockchain. The most prominent altcoin is Litecoin. Litecoin introduces changes to the original Bitcoin protocol such as decreased block generation time, increased maximum number of coins and different hashing algorithm | + | **Altcoin** is an abbreviation of “Bitcoin alternative”. Currently, the majority of altcoins are forks of [[dido:public:ra:xapend:xapend.a_glossary:b:bitcoin|Bitcoin]] with usually minor changes to the [[dido:public:ra:xapend:xapend.a_glossary:p:proof_of_work|proof of work (POW)]] algorithm of the Bitcoin [[dido:public:ra:xapend:xapend.a_glossary:b:blockchain|blockchain]]. The most prominent altcoin is [[dido:public:ra:xapend:xapend.a_glossary:l:litecoin|Litecoin]]. Litecoin introduces changes to the original Bitcoin [[dido:public:ra:xapend:xapend.a_glossary:p:protocol|protocol]] such as decreased block generation time, increased maximum number of [[dido:public:ra:xapend:xapend.a_glossary:c:coins|coins]] and different hashing algorithm |
Source: [[https://hackernoon.com/blockchain-dictionary-f4d098c9ef89]] | Source: [[https://hackernoon.com/blockchain-dictionary-f4d098c9ef89]] |