#AltcoinETFsPostponed An altcoin, or alternative coin, explains itself. An altcoin is any cryptocurrency alternative to Bitcoin - the first one. Altcoins can differ from Bitcoin in every possible aspect, such as mining mechanisms, coin distribution methods, or the ability to create decentralized applications. Although Bitcoin is innovative and very influential, it has some problems that developers are trying to solve with their own products. There is an altcoin that makes transactions faster, there is an altcoin that is less volatile, there is an altcoin that is more private, and so on. There are over one thousand five hundred alternative coins in the market on the day this text was written, according to coinmarketcap.com. Altcoins are playing a very important role in expanding the boundaries of blockchain possibilities and the scope of applications.