#Write2Earn! The Impact of Bitcoin on the Crypto Ecosystem
The success of Bitcoin inspired the development of thousands of alternative cryptocurrencies (altcoins), many of which have attempted to improve certain limitations of Bitcoin itself, such as its transaction speed, scalability, or functionality.
Among the most well-known are:
Ethereum (ETH): Introduced smart contracts and the creation of decentralized applications (dApps).
BNB (Binance Coin): Used within the Binance ecosystem.
Cardano, Solana,
Polkadot: Projects that seek greater efficiency and scalability.
Bitcoin remains the market reference. When its price goes up or down, it drags most of the other cryptocurrencies with it, making it a key indicator of market sentiment. $ETH