Alternative currency

Apart from tokens, which are built on top of existing blockchains, there are various alt currencies fueled by either having their own blockchain and/or any other improvement or differentiating factor.

Here are some of the factors that have been modified on the Altcoins, when compared to Bitcoins:

  • Monetary alternatives
  • Consensus alternatives

We will discuss each of these alternatives in detail, and then afterward we will discuss some of the widely used Altcoins and what modifications they have over Bitcoins.