Is Altcoin and Crypto the same? Here is the anwer!

[BullRunBit 2773]

7 minutes ago, teminalibug said:

That is why this topic is to explain in detail the different between crypto and alt, so that when people google around the different they will get this topic to tech them.

If that is reason because you share this infomation/topic then you are late around 7 years maybe more. 😁

And you can find this information if you reseach which is old like I say maybe around 7 years, and you think that when someone search for this infomation this topic will get like result.

That dont have logic man, because if you know anything about google ranking you will know that.

[teminalibug 309]

1 hour ago, BullRunBit said:

If that is reason because you share this infomation/topic then you are late around 7 years maybe more. 😁

And you can find this information if you reseach which is old like I say maybe around 7 years, and you think that when someone search for this infomation this topic will get like result.

That dont have logic man, because if you know anything about google ranking you will know that.

It is about the quality of information, anyway seems like you're here to criticize me, if you did not like the content, you're welcome to give it a thumb down. Peace!

[cnguchi 70]

Until now, I only knew that Altcoin is all other coins and tokens, while Cryptocurrency is including Bitcoin and Altcoin covers all ecosystems.

[teminalibug 309]

14 hours ago, ashasanga said:

I was myself not very clear about the meaning and difference of those two, I thought altcoin are all other coins except bitcoin, but now I know some crypto are not alts. Am I right?

Yap, that's exactly what i think, so you're right, I'm happy i helped someone to understand something, makes me happy.

[agusiskandar 0]

On 10/19/2019 at 1:52 PM, teminalibug said:

I was confused with these two terms myself (Cryptocurrency & Altcoins) so i did a little research i think some of you guys who don't know should know this.

Altcoin stands for stand for "alternative to Bitcoin" it is any digital cryptocurrency similar to Bitcoin. and is used describe any cryptocurrency that is not a Bitcoin. Altcoins are created by diverging from Bitcoin consensus rules (the fundamental rules of the cryptocurrency’s network) or by developing a new cryptocurrency from scratch.

altcoin is a coin other than bitcoin, if cryptocurrency is all digital currency, I hope you understand, are you new to cryptocurrency?

[khan22 3478]

On 11/1/2019 at 1:38 AM, fauzan123 said:

I think it's only different in platform, some altcoins use other coin platforms like hitching a ride but for coins they have a personal platform

Both are same coins there is no difference between these two coins and i am sure that these coins are touch the sky. BTC is the king of all coins and it run all the crypto market and soon the market will make a great buy and this is the time to buy more and more coins and safe them.

[teminalibug 309]

3 hours ago, agusiskandar said:

altcoin is a coin other than bitcoin, if cryptocurrency is all digital currency, I hope you understand, are you new to cryptocurrency?

No I'm not new to cryptocurrency, if you read the the content you will realize I'm explaining the difference my self not asking about it.

[agusiskandar 0]

20 minutes ago, teminalibug said:

No I'm not new to cryptocurrency, if you read the the content you will realize I'm explaining the difference my self not asking about it.

haha sorry I guess you are a new user, sorry I am not focused on the contents

[ultimateclub 392]

On 10/19/2019 at 12:52 PM, teminalibug said:

I was confused with these two terms myself (Cryptocurrency & Altcoins) so i did a little research i think some of you guys who don't know should know this.

Altcoin stands for stand for "alternative to Bitcoin" it is any digital cryptocurrency similar to Bitcoin. and is used describe any cryptocurrency that is not a Bitcoin. Altcoins are created by diverging from Bitcoin consensus rules (the fundamental rules of the cryptocurrency’s network) or by developing a new cryptocurrency from scratch.

Actually Altcoins and Crypto are same thing. Both are the part of one technology and that is blockchain network. They can be divided into two. One is centralyzed and another is decentralized. There are 3087 coins listed in the market cap. Among them bitcoin is the pioneer and top coin with ranked 1. As bitcoin dominate the crypto market and  the rest of the coins or 3086 coins are considered to be alt coin. Nothing else.

[bitcoin-shark 1928]

the altcoins are all virtual coins except bitcoin and all them are crypto, here in my country are equated with virtual currencies and we pay taxes above

[Masterrex 559]

Why did you confuse much? it was the same meaning cryptocurrency and altcoins are both synonymous since they are using the same method called "cryptography" and using the technology called Blockchain  alternative coins, are also cryptocurrency for real!

[teminalibug 309]

13 hours ago, ultimateclub said:

Actually Altcoins and Crypto are same thing. Both are the part of one technology and that is blockchain network. They can be divided into two. One is centralyzed and another is decentralized. There are 3087 coins listed in the market cap. Among them bitcoin is the pioneer and top coin with ranked 1. As bitcoin dominate the crypto market and  the rest of the coins or 3086 coins are considered to be alt coin. Nothing else.

I think, among all the cryptocurrency except for bitcoin, there are those which are not altcoins, there are those which are not connected to the bitcoin blockchain and those are not altcoins.

[teminalibug 309]

14 hours ago, agusiskandar said:

haha sorry I guess you are a new user, sorry I am not focused on the contents

😃, It's okay but you really should be reading contents, you're missing a lot of info in there, if you make a reading habit you could learn a lot.

[dmnqe07 365]

Crypto is to provide low cost safe and secure transactions, altcoins is to simplify and increase the speed of transaction without much goverment restrictions.

altcoin is limited to trading by using its currency, crypto is a lot of used in trading as well

[marksm357 5]

The difference is very significant and of course as you guessed it, the coin has its own blockchain which can vary greatly in its beliefs, but as for the token, it is based on a common platform and has limitations in the changes.

[khan22 3478]

On 11/1/2019 at 3:53 PM, Javier said:

Based on what I understand, altcoins is under the cryptpcurrency. Cryptocurrency means digital money and altcoin is some example of it. The altcoin is the short term for alternative coins. It has a somehow same concept as what bitcoin is. 

yes you are right ALT coin is the part of the crypto market because like ALT there are so many coins which are running in the market and so many also dead and good coins which are the part of the crypto market. Crypto market is a great market and best market in the world.

[camren653489 57]

Yes it is really a big difference between altcoin and tokens because altcoin is an alternative cryptocurrency as alligned the list of bitcoin in coinmarketcap.Altcoin also is kind of crypto coins that the value of it started to grow with maximum value.For tokens I would say most of an ICO  was rewarded of it once  the ICO Project was done succesfully.They differ its other but they are all tbe best cryptocurrency that held for online earnings.

[shanno4312 12]

Any coin has its own blockchain - this is their difference from tokens. Tokens act over of the blockchain, and it facilitates the creation of decentralized applications. Coins can carry value as physical money, while tokens can be used to solve tasks in the blockchain.

[athena98q89 1]

In my opinion different between coin and token is coin are mineable so everyone can to participate to mine it, just like Bitcoin, Ethereum and Dash. And token is only their developer can create it and also only the developer can burn it. Coin they has own blockchain but token does not have it and use smart contract in other blockchain.

[teminalibug 309]

2 hours ago, ijohnpaul said:

Cryptocurrency is the terminology used for every coins that is used online. Were Bitcoin is the first one, it was called Main cryptocurrency. Then blockchain's advance technology, developed more coins. And it was called altcoins.

Some these alt-coin area fork of bitcoin's blockchain, isn't that right?

[miran523 70]

It's very simple, I think that now many understand what a token is and a coin, a token is an entity that is created on the basis of an existing platform, let it be ETH or NEO, but it does not have its own block, and the coin has its own block.

[jimmy521 7]

exactly what i have in mind to ask. because I participated in an airdrop, some people were given coin while others were given token and it got me really confused when the manager ask that those who did not receive the token should send their wallet address, i was like ok, but have got some coin here in my wallet. i miss out because i did not understand the difference and even the explanation here is not clear. more light please.

[camren653489 57]

As I understand the token is some kind of security paper. It could be use for buying some things but this is not the main designation. Otherwise coins are more liquid and they exist as a digital cash for trade.

[miran523 70]

the token might works as similar function to gives with reference of tasks with the financial operation of the funds transfer as leaves of chance as might with the occupation to follows of the design template of the coins blockchain as referring unit of finest with the nominal value of price per unit with the decision of exchange.

[shanno4312 12]

As for me i really do not know for now the difference of those two.But on my point of view i think that if you are talking with coins i would say that something that can serve as a payment something used to buy something or something used to trading or doing business while token for me means a share or a given reward for a job or something given by the company as for doing a great job for them.