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The Genesis of Alt: Defining Altcoins, Their Purpose, and the Early Precedent
The Altcoin universe—a contraction of “alternative coin“—encompasses every cryptocurrency, token, and digital asset created after the launch of Bitcoin. Bitcoin (BTC), the original and foundational crypto asset, set the precedent for decentralized, peer-to-peer electronic cash. However, its success quickly highlighted what some perceived as design limitations, creating a fertile ground for alternatives. The genesis of…
