===== Altcoin =====
[[dido:public:ra:xapend:xapend.a_glossary:start| Return to Glossary ]]

**Altcoin** is an abbreviation of “Bitcoin alternative”. Currently, the majority of altcoins are forks of [[dido:public:ra:xapend:xapend.a_glossary:b:bitcoin|Bitcoin]] with usually minor changes to the [[dido:public:ra:xapend:xapend.a_glossary:p:proof_of_work|proof of work (POW)]] algorithm of the Bitcoin [[dido:public:ra:xapend:xapend.a_glossary:b:blockchain|blockchain]]. The most prominent altcoin is [[dido:public:ra:xapend:xapend.a_glossary:l:litecoin|Litecoin]]. Litecoin introduces changes to the original Bitcoin [[dido:public:ra:xapend:xapend.a_glossary:p:protocol|protocol]] such as decreased block generation time, increased maximum number of [[dido:public:ra:xapend:xapend.a_glossary:c:coins|coins]] and different hashing algorithm

Source: [[https://hackernoon.com/blockchain-dictionary-f4d098c9ef89]]


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