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Altcoin

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Definitions Edit

Blockchain technology Edit

Altcoin refers to:

math-based decentralised convertible virtual currency other than bitcoins, the original such currency. Current examples include Ripple; PeerCoin, Lite-coin; zerocoin; anoncoin and dogecoin.[1]
[t]he collective name for cryptocurrencies offered as alternatives to bitcoin. Litecoin, Feathercoins and PPcoin are all altcoins.[2]

References Edit

  1. Virtual Currencies: Key Definitions and Potential AML/CFT Risks, at 6.
  2. CoinDesk, “Bitcoin Glossary” (full-text).

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