🚧Question: Which Cryptocurrencies Took the Lead as the First and Second Altcoins?
✍️Answer:
👉Inaugural Altcoin:
Namecoin (NMC) - April 2011
- Namecoin (NMC) introduced as the first alternative cryptocurrency.
- Released in April 2011, three years after the advent of Bitcoin.
- Designed with the purpose of serving as an alternative currency to Bitcoin.
👉Second Altcoin Emerges: Litecoin - October 2011
- Litecoin becomes the second altcoin, making its debut in October 2011.
- Noteworthy for being created from the Bitcoin source code.
- Marks a significant development in the evolution of alternative cryptocurrencies.
