Bitcoin Alternatives: 10 Cryptocurrencies You Should Know
Bitcoin might be the name on everyone’s lips right now, but did you know that Bitcoin is merely the tip of the cryptocurrency iceberg? For those not in the know, cryptocurrencies are basically decentralized and anonymous (or, at least, pseudonymous) peer-to-peer digital currencies that implement cryptography as a central security feature. Cryptocurrency coins are "mined" with computers by solving complex mathematical equations called "hashes".
The success of Bitcoin has led to the development of many alternative cryptocurrencies, often called "altcoins". Most of these altcoins offer their own take on the Bitcoin protocol, and are interesting in their own right. It helps, too, that most of these are still cheap and much easier to buy or mine. Of course, there’s no guarantee that any of these altcoins will ever be as successful or as valuable as Bitcoin, but if you’ve been kicking yourself for missing the Bitcoin boat, you could do worse than check out one (or more) of these 10 altcoins we are featuring in this post.
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