What is an Altcoin?
Any crypto that has emerged since Bitcoin is referred to as an Altcoin. Developers cloned Bitcoin’s open-source code in its early stages to produce alternative currencies. Various Bitcoin alternatives started to drift more from its forerunner over time with differing supply cycles and privacy features.
As a larger variety of applications for the tech have emerged, the emergence of altcoins and the corresponding blockchain networks heralds a period of exploration and development within the cryptocurrency sector.