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dido:public:ra:xapend:xapend.a_glossary:a:altcoin [2021/08/13 14:02]
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dido:public:ra:xapend:xapend.a_glossary:a:altcoin [2021/08/13 15:39]
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 [[dido:​public:​ra:​xapend:​xapend.a_glossary| Return to Glossary ]] [[dido:​public:​ra:​xapend:​xapend.a_glossary| 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 [[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 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+**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]]
dido/public/ra/xapend/xapend.a_glossary/a/altcoin.txt · Last modified: 2021/10/04 13:40 by 50.19.247.197