I am not clear about altcoin system. I actually want to know about altcoin. I am new in digital currency market. So I want to know more about digital currency.
If you know about original invented crypto, first revolution in the world which is Bitcoin. You know by comparison what altcoin is. In general its copy-paste of Bitcoin, with minor changes introduced to it.
So you copy-paste Bitcoin naming it RaimondCoin and change rule of max 12 000 000 coins in circulation to 6 000 000 coins in circulation. There you go, you have your own alt-coin.