You're reading from Blockchain Quick Reference

Product typeBook

Published inAug 2018

Reading LevelIntermediate

PublisherPackt

ISBN-139781788995788

Edition1st Edition

Languages

Solidity

Tools

Ethereum

Concepts

Blockchain

Authors (4):

Mariko Amekodommo

Brenn Hill

Samanyu Chopra

Paul Valencourt

View More author details

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.

Monetary alternatives

Bitcoin is limited to 21 million coins, and it has a declining issuance rate, including a 10-minute block generation time, which takes lot of confirmation time; it also takes...

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Blockchain Quick Reference

Published in: Aug 2018Publisher: PacktISBN-13: 9781788995788

Authors (4)

Mariko Amekodommo

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Authors (4)

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