What is an #ALTCOIN! (Part2) #shorts

"Altcoin" is a combination of the two words "alternative" and "coin." It is generally used to include all cryptocurrencies and tokens that are not Bitcoin. Altcoins belong to the blockchains they were explicitly designed for. Many are forks—a splitting of a blockchain that is not compatible with the original chain—from Bitcoin and Ethereum. These forks generally have more than one reason for occurring. Most of the time, a group of developers disagree with others and leave to make their own coin.
Many altcoins are used within their respective blockchains to accomplish something, such as ether, which is used in Ethereum to pay transaction fees. Some developers have created forks of Bitcoin and re-emerged as an attempt to compete with Bitcoin as a payment method, such as Bitcoin Cash.

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🎵❤️ Track Info:
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Track: Lost In Medina — Amine Maxwell [Audio Library Release]
Music provided by Audio Library Plus
Watch: https://youtu.be/qNSdpqSkRe4
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#shorts #altcoins #crypto