Post
Topic
Board Altcoin Discussion
Re: Do we Need Altcoin?
by
valessiobrito
on 24/06/2018, 11:05:29 UTC
We do. Most altcoins are peer-to-peer, involve a mining process by which users solve difficult problems to unlock blocks, and offer efficient and cheap ways to carry out transactions on the web. But even with many overlapping features, altcoins vary widely from each other - altocoins differ themselves from bitcoin with a range of procedural variations, including different proof-of-work algorithms, different means by which users can sacrifice energy to mine blocks, and application enhancements to increase user anonymity.