$BTC $ETH #altcoins Cryptocurrencies can be divided into coins and altcoins, and their differences are related to their origin, purpose and technological base.
Coins
What is this?
Coins are cryptocurrencies that operate on their own blockchain platform. Example: Bitcoin (BTC), Ethereum (ETH).
Examples:
Bitcoin (BTC): The first and most popular cryptocurrency, created for decentralized payments.
Ethereum (ETH): Used to support smart contracts and decentralized applications.
Features:
Their own blockchain network.
They are usually used as a means of payment or store of value.
Some coins provide platform functionality (for example, ETH for smart contracts).
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Altcoins
What is it?
Altcoins (from the word 'alternative') are any cryptocurrencies other than Bitcoin. This includes both coins and tokens that operate on other blockchains.
Examples:
Litecoin (LTC): Created based on Bitcoin's code, but with faster transaction processing.
Ripple (XRP): A system for fast international transfers.
Cardano (ADA): A platform for smart contracts focused on security and scalability.
Features:
Many altcoins are based on existing blockchains such as Ethereum or Binance Smart Chain.
They often add unique features or solve specific issues that Bitcoin does not address.
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Key differences
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Withdrawal
Coins are cryptocurrencies with their own infrastructure.
Altcoins are all other cryptocurrencies that offer an alternative to Bitcoin and often new features.