#AltcoinRevolution2028

Altcoins

"Altcoin" is a combination of the words "alternative" and "coin". The term generally includes all cryptocurrencies and tokens that are not Bitcoin. Altcoins belong to the blockchains for which they were explicitly designed. Many are forks (creating a blockchain from another chain) of Bitcoin and Ethereum. These forks generally have more than one reason to occur. Most of the time, a group of developers disagrees with others and leaves to create their own coin.

Many altcoins are used within their respective blockchains to achieve something, like ether, which is used in Ethereum to pay transaction fees. Some developers have created forks of Bitcoin and have resurfaced as an attempt to compete with it as a payment method, like the fork that created Bitcoin Cash.

Others fork or are developed from scratch, trying to create a blockchain and a token that attracts a specific industry or group, such as Ripple's attempt to use XRP Ledger and XRP to attract the banking industry with a faster payment system.