The Rise of Altcoins: Exploring the Crypto Ecosystem Beyond Bitcoin
Key Takeaways: I. Introduction to Altcoins A. Definition and Origins The term “altcoin” is a portmanteau of “alternative” and “coin,” referring to any cryptocurrency that emerged as an alternative to Bitcoin, the pioneering digital asset. Altcoins leverage blockchain technology but introduce distinct features, consensus mechanisms, and use cases beyond Bitcoin’s original design as a decentralized…