Definition and Purpose: Altcoins are cryptocurrencies other than Bitcoin (Buy Bitcoin). They serve various purposes, such as enhancing transaction speed, offering privacy, or enabling smart contracts.
Types of Altcoins:
Privacy Coins (e.g., Monero, Zcash) for anonymous transactions.
Stablecoins (e.g., Tether, USDC) pegged to stable assets like fiat currency.
Utility Tokens (e.g.,...
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