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.
What doubt you are referring to?and since you are new in crypto better learn about bitcoin first before jumping into altcoins because this is a different issue.but i guess Coin-Desk has explained it already and clearly
Altcoin's full form alternative coin. Here the meaning of coin is cryptocurrency. All other coins except Bitcoin are called altcoin. Example of altcoin: Litecoin Dogecoin Ripple coin etc. Altcoin has been created after the introduction of bitcoin. It is also like Bitcoin peer to peer cryptocurrency. If Bitcoin is a king, then altcoin is a tenant. So, instead of Bitcoin, any other coin is called Altcoin. Hope to understand.
Best regards
Coin-DeskThis is one great explanation of Altcoins and enough to understand the mean though i guess some Videos and articles may give more for his references