What is Altcoin Development (30-Sec Explanation) #Shorts #Altcoin

#altcoins are generally defined as all cryptocurrencies other than #bitcoin (BTC). However, some people consider altcoins to be all #cryptocurrency other than Bitcoin and #ethereum (ETH) because most cryptocurrencies are forked from one of the two. Some altcoins use different consensus mechanisms to validate transactions and open new blocks, or attempt to distinguish themselves from Bitcoin and Ethereum by providing new or additional capabilities or purposes.

Most altcoins are designed and released by developers who have a different vision or use for their tokens or cryptocurrency

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#YtShort #Altcoin #Altcoins2022 ... https://www.youtube.com/watch?v=IDvIOCzd1tU