Crypto JARGONS of the day: "ALTCOIN"
An altcoin, short for alternative coin, refers to any cryptocurrency other than Bitcoin. The term "altcoin" was initially coined to distinguish Bitcoin from the numerous alternative cryptocurrencies that emerged following its success. Altcoins are built on various blockchain platforms and often offer different features, functionalities, or improvements over Bitcoin.
Altcoins can serve different purposes and have different goals. Some altcoins aim to solve specific problems or address limitations of Bitcoin, while others may focus on providing unique features like enhanced privacy, faster transaction speeds, or smart contract capabilities. Examples of popular altcoins include Ethereum (ETH), Ripple (XRP), Litecoin (LTC), and Cardano (ADA).
