Altcoins

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dan
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what-are-altcoins-1

In this course we are going to look more deep into altcoins, where to buy and much more.

Altcoin refers to all digital cryptocurrency launched following the success of Bitcoin; hence the name, which means “alternative to Bitcoin”.  There are over 1000+ Altcoin currencies that have been created since Bitcoin.

An altcoin is a cryptocurrency, or virtual currency. It is an alternative to bitcoin. Altcoins work much like the original Bitcoin. Using a private key, a payment can be sent from a digital wallet A to digital wallet B. In a cryptocurrency such as these, there is a blockchain or recording ledger, where the transactions are permanently and publicly recorded, so exchanges can’t be altered or denied. The blockchain is secured by mathematics proofs, which confirm transactions in block.

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