Altcoin
By CoinGecko | Updated on Mar 03, 2020
A cryptocurrency or a category of cryptocurrencies that are an alternative to bitcoin. Many altcoins project themselves as better alternatives to bitcoin in various ways (e.g. more efficient, less expensive, etc.).
Related Terms
BUIDL
An advice for investors to contribute new projects on blockchain rather than holding cryptocurrencies and waiting for the price to increase
Ledger
A record of financial transactions that cannot be changed, only appended with new transactions.
Wallet
Software client that handles storage of cryptocurrencies and allows users to send cryptocurrencies.
Block Explorer
Application or websites which display information such as status of transactions or data contained in a block of a given public blockchain network.
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