CRYPTOCURRENCY = ALTCOIN + BITCOIN
Bitcoin:
- Bitcoin is the first decentralized cryptocurrency, was introtuced in 2009.
- Bitcoins are pioneers, the code and concept of bitcoins was first created.
- Bitcoin are not variants of any other Cryptocurrency .
Altcoin:
- Altcoin is the abbreviation of Bitcoin alternative, was introtuced in 2011. The most prominent altcoin is Litecoin.
- The majority of altcoins are a variant of Bitcoin, built using Bitcoin's open-sourced, original protocal with changes to its underlying code.
- Altcoins are variants of Bitcoins codes example Namecoin, Peercoin, Litecoin, Dogecoin and Auroracoin.
