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Topic
Board Beginners & Help
Re: what is the different between bitcoin,altcoin and ethereum?
by
tondenga2122
on 19/04/2018, 10:30:32 UTC
What is the diffrent between bitcoin,altcoin ethereum? Are they same just different name or they they have different role to play in the market wise?

Bitcoin is the first cryptocurrency ever made. It uses blockchain technology, untraceable transactions and it is decentralized. Its an algorithm made by satoshi nakamoto that allows peer to peer transactions. Ethereum, as they call it the son of bitcoin is an altcoin. Most of the icos are launched under the ethereum platform. Altcoins are all other cryptocoins besides bitcoins.
Yes, Ethereum is also known as altcoins. Every coins has their own technology.
Bitcoin, they have blockchain. Ethereum, they have a smart contract. And also the the other altcoins as well.