Frogs Ninja
@frogs
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Frogs Ninja
@frogs
https://www.build.top/nominate/0xa3eab88c232e3d6E9E066970E80CDFEf286e1978
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Frogs Ninja
@frogs
Gm
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Frogs Ninja
@frogs
mechani attempt to improve upon the perceived limitations of whichever cryptocurrency and blockchain they are forked from or competing with. The first altcoin was Litecoin, forked from the Bitcoin blockchain in 2011. Litecoin uses a different proof-of-work (PoW) consensus mechanism than Bitcoin, called Scrypt
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Frogs Ninja
@frogs
Others fork or are developed from scratch, attempting to create a blockchain and token that appeals to a specific industry or group, such as Ripple's attempt to use the XRP Ledger and XRP to attract the banking industry with a faster payment system.
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Frogs Ninja
@frogs
An Altcoin is an alternative digital currency to Bitcoin. The word Altcoin is a portmanteau of "alternative" and "coin", to form "altcoin". It actually refers to a group of cryptocurrencies, ultimately all the cryptocurrencies other than Bitcoin.
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Frogs Ninja
@frogs
any cryptocurrency (= system of electronic money used for buying and selling online) that is not bitcoin
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Frogs Ninja
@frogs
Many altcoins are used within their respective blockchains to accomplish something, such as ether, which is used in Ethereum to pay transaction fees. Some developers have created forks of Bitcoin and re-emerged as an attempt to compete with it as a payment method, like the fork that created Bitcoin Cash.
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Frogs Ninja
@frogs
Gm
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Frogs Ninja
@frogs
Hey folks! 🎉 I just snagged my $FOMO airdrop (/omof) in celebration of hitting that massive 30,000-follower milestone at @tocd on Warpcast! 🚀 Just hit that "Claim $FOMO Airdrop" button—seriously, it's that easy! Don't let the FOMO get ya—get the $FOMO instead! Let’s make this rain $FOMO tokens! 🎊👾
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Frogs Ninja
@frogs
Gn
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