#ETHOnTheRise
_Characteristics of Altcoins:_
1. *Decentralized*: Operate independently of central banks and governments.
2. *Digital*: Exist only in electronic form.
3. *Limited supply*: Most altcoins have a limited supply of coins.
4. *Fast transactions*: Transaction processing times vary, but many altcoins offer faster transaction times than traditional currencies.
5. *Low fees*: Transaction fees are often lower compared to traditional payment systems.
_Types of Altcoins:_
1. *Mineable altcoins*: Can be mined using computational power, such as Ethereum (ETH) and Litecoin (LTC).
2. *Non-mineable altcoins*: Cannot be mined, such as Ripple (XRP) and Stellar (XLM).
3. *Token-based altcoins*: Built on existing blockchain platforms, such as ERC-20 tokens on the Ethereum network.
4. *Fork-based altcoins*: Created by forking existing blockchain protocols, such as Bitcoin Cash (BCH) and Bitcoin SV (BSV).
