Summary
In this chapter, we discussed alternative currency and the difference between a coin and a token. We discussed in detail the various platforms, based on which platforms can be created. Furthermore, we discussed various alternatives that Altcoins provide over Bitcoins. We read in detail about currencies such as Litecoin, Ether, Ripple, and Bitcoin Cash.
We also discussed acquiring a cryptocurrency and the various ways to do so. We read about mining a cryptocurrency and the differences between Bitcoin and Altcoins, in terms of mining. We discussed exchanges and how we can store Altcoins other than Bitcoins in wallets. We also learned about the difficulty of re-targeting an algorithm in Bitcoin.
