Altcoins Crypto News

The word "altcoin" refers to any cryptocurrency that has been launched after Bitcoin (BTC). During the early days of Bitcoin, developers forked the open-source code to create alternative currencies. These Bitcoin alternatives gradually diverged from its progenitor, with differing supply schedules and privacy characteristics. These include Litecoin (LTC), Zcash (ZEC), and others.

Along with altcoins, a multitude of Bitcoin-altcoin trading pairs emerged, causing a boom in market activity as traders exploited the volatility of these crypto currencies for high-risk profits.

The advent of altcoins and their separate blockchain networks heralds a period of experimentation and maturation in the cryptocurrency sector, as a broader range of use cases for the technology become possible.