Altcoins
Part of speech: noun
Definitions
- A classification of digital currencies that operate as alternatives to Bitcoin, typically showcasing various technological advantages or different use cases
- Types of virtual currencies that exist independently of Bitcoin, often providing diverse functions or investment scenarios in the crypto market
- Digital currencies created as alternatives to the original cryptocurrency, offering various unique features or solutions not found in Bitcoin
Etymology: The plural of "altcoin," a compound of "alt-," short for "alternative," and "coin." "Coin" comes from Old French "coin," meaning a stamping die, which traces back to Latin "cuneus," "wedge."