Bitcoin is the first cryptocurrency launched in 2009, and it is the most famous and widely spread globally, but it differs from other cryptocurrencies (known as *Altcoins*) in several aspects⁽¹⁾⁽²⁾:
1. *Decentralization*: Bitcoin relies on a completely decentralized *blockchain* network, while some other currencies have more centralized systems.
2. *Primary Purpose*: Bitcoin was designed to be a means of payment and a store of value, while other currencies like *Ethereum* support smart contracts, and *Ripple* focuses on fast bank transfers.
3. *Speed and Fees*: Bitcoin transactions can be relatively slow with high fees, while some currencies like *Solana* and *XRP* offer faster transactions and lower costs.
4. *Mining*: Bitcoin requires specialized mining equipment, while some other currencies can be mined using less expensive methods.
5. *Limited Supply*: Bitcoin has a maximum limit of *21 million coins*, making it scarce, while some other currencies have unlimited supplies.
