What is Altcoin?
Let's find out Altcoin meaning, definition in crypto, what is Altcoin, and all other detailed facts.
Altcoin stands for “alternative coin”. Bitcoin (BTC), which launched in 2009, was the first cryptocurrency in the world. As of April 2022, there are over 18,000 cryptocurrencies in the world. Therefore, every cryptocurrency that isn’t Bitcoin is known as an ‘altcoin’.
Both cryptocurrency coins and tokens can be considered altcoins. Some of the most popular altcoins in the market are Ethereum (ETH), Tether (USDT), and Cardano (ADA).
Alphanumeric phrases are generally seen as safe password options. Using a combination of letters and numbers ensures a higher level of security for an account. The more randomized the alphanumeric combination is, the lower the chances are of the account being breached.<\/p>\n<p>Often upon sign-up users are required to create a password that contains a certain minimum number of characters. The higher the number of characters in an alphanumeric password is, the more likely it is to be accepted as a strong password.<\/p>\n<p>An alphanumeric phrase is almost always a prerequisite for a cryptocurrency wallet account to ensure the account is put at the lowest possible risk of being compromised. Alphanumeric phrases may also be used as <a href=https://www.bitdegree.org/"//crypto//learn//crypto-terms//what-is-recovery-seed/">recovery phrases<\/strong><\/a>.<\/p>\n<p>The full Latin alphabet – from A to Z – and all numbers from 0 to 9 can be used in an alphanumeric phrase. In some cases, letters and characters from non-Latin alphabets can be accepted for alphanumeric phrases.<\/p>\n<p>Alphanumeric phrases can be created using <strong>password generators<\/strong>. Some examples of strong alphanumeric phrases are b8sjO87IoGpS, gM62eV6XA6ms, or 6pyl75kk0z9li6b. In order to reinforce alphanumeric phrases, passwords can sometimes also contain special characters, like %, $, or ^.<\/p>\n<p>Alphanumeric phrases can also be used in contexts outside of security measures. 1337, or leetspeak, is a way of typing that replaces some letters with numbers to create alphanumeric words that hold meaning.<\/p>","definition":"phrases consisting of letters or numbers; often used for passwords.","status":"published","updated_at":"2024-04-08T10:19:16.000000Z"}" :model="{"id":33,"wikipedia_url":"https:\/\/en.wikipedia.org\/wiki\/Altcoin","level":"easy","section":"A","keyword_en":"Altcoin","author_id":1,"created_at":"2023-06-19T06:58:58.000000Z","slug":"what-is-altcoin","title":"What is Altcoin?","keyword":"Altcoin","content":"<p><strong>Altcoin<\/strong> stands for “<strong>alternative coin<\/strong>”. <a href=https://www.bitdegree.org/"https:////www.bitdegree.org//crypto//buy-bitcoin-btc/">Bitcoin (BTC)<\/strong><\/a>, which launched in <strong>2009<\/strong>, was the first cryptocurrency in the world. As of April 2022, there are over 18,000 <a href=https://www.bitdegree.org/"//crypto//learn//crypto-terms//what-is-cryptocurrency/">cryptocurrencies/strong>/a> in the world. Therefore, <strong>every cryptocurrency that isn’t Bitcoin is known as an ‘altcoin’<\/strong>.<\/p>\n<p>Both cryptocurrency coins and <a href=https://www.bitdegree.org/"//crypto//learn//crypto-terms//what-is-token/">tokens/strong>/a> can be considered altcoins. Some of the most popular altcoins in the market are <a href=https://www.bitdegree.org/"https:////www.bitdegree.org//crypto//buy-ethereum-eth/">Ethereum (ETH)<\/strong><\/a>, <a href=https://www.bitdegree.org/"https:////www.bitdegree.org//crypto//buy-tether-usdt/">Tether (USDT)<\/strong><\/a>, and <a href=https://www.bitdegree.org/"https:////www.bitdegree.org//crypto//buy-cardano-ada/">Cardano (ADA)<\/strong><\/a>.<\/p>","definition":"any cryptocurrency that isn\u2019t Bitcoin; short for \u201calternative coin\u201d.","status":"published","updated_at":"2024-04-02T14:16:53.000000Z","author":{"id":1,"user_id":1,"image_id":2641,"created_at":"2023-05-03T14:30:55.000000Z","updated_at":"2024-02-29T07:19:25.000000Z","title":"Editor-In-Chief","slug":"aaron-s-editor-in-chief","description":"<p>Having completed a Master’s degree in Economics, Politics, and Cultures of the East Asia region, Aaron has written scientific papers analyzing the differences between Western and Collective forms of capitalism in the post-World War II era.<\/p>\n<p>With close to a decade of experience in the FinTech industry, Aaron understands all of the biggest issues and struggles that crypto enthusiasts face. He’s a passionate analyst who is concerned with data-driven and fact-based content, as well as that which speaks to both Web3 natives and industry newcomers.<\/p>\n<p>Aaron is the go-to person for everything and anything related to digital currencies. With a huge passion for blockchain & Web3 education, Aaron strives to transform the space as we know it, and make it more approachable to complete beginners.<\/p>\n<p>Aaron has been quoted by multiple established outlets, and is a published author himself. Even during his free time, he enjoys researching the market trends, and looking for the next supernova.<\/p>","user":{"id":1,"first_name":"Aaron","last_name":"S.","email":"aaron@bitdegree.org","email_sanitized":"aaron@bitdegree.org","email_verified_at":"2023-12-01T09:40:20.000000Z","must_verify_email":false,"is_registered_with_wallet":false,"status":"active","country":"LT","last_connected_ip":"88.119.132.125","referral_token":"05TMu2NysXOCn525","referred_by":null,"last_connected_at":"2024-04-09T08:14:54.000000Z","created_at":"2023-05-03T14:30:55.000000Z","updated_at":"2024-04-09T08:14:54.000000Z","full_name":"Aaron S."}}}" :chapter-list="[{"id":1,"is_updated":null,"image_url":"crypto\/assets\/crypto-book\/chapters\/learn-blockchain.jpg","image_url_simple":"crypto\/assets\/crypto-book\/chapters-simple\/blockchain-101.jpg","rating":100,"created_at":"2024-03-29T15:17:14.000000Z","updated_at":"2024-03-29T15:17:14.000000Z","title":"Blockchain","crypto_book_sections":[{"chapter_id":1,"order":1,"slug":"what-is-blockchain","title":"What is the Blockchain?","status":"published"},{"chapter_id":1,"order":2,"slug":"decentralized-blockchain","title":"Anonymous & Decentralized Blockchains: The Cornerstone of Crypto","status":"published"},{"chapter_id":1,"order":3,"slug":"blockchain-transaction","title":"What is a Blockchain Transaction in Crypto?","status":"published"},{"chapter_id":1,"order":4,"slug":"crypto-fees","title":"The Different Types of Crypto Fees Explained","status":"published"},{"chapter_id":1,"order":5,"slug":"what-is-bridging-in-crypto","title":"The Key Notion Behind the Concept of Bridging in Crypto","status":"published"},{"chapter_id":1,"order":6,"slug":"types-of-blockchains","title":"Different Types of Blockchains: What to Look Out For?","status":"published"}]},{"id":2,"is_updated":null,"image_url":"crypto\/assets\/crypto-book\/chapters\/learn-cryptocurrencies.jpg","image_url_simple":"crypto\/assets\/crypto-book\/chapters-simple\/cryptocurrencies-101.jpg","rating":100,"created_at":"2024-03-29T15:17:14.000000Z","updated_at":"2024-03-29T15:17:14.000000Z","title":"Cryptocurrencies","crypto_book_sections":[{"chapter_id":2,"order":1,"slug":"what-is-a-cryptocurrency","title":"What is a Cryptocurrency?","status":"published"},{"chapter_id":2,"order":2,"slug":"how-does-cryptocurrency-work","title":"How Does Cryptocurrency Work?","status":"published"},{"chapter_id":2,"order":3,"slug":"is-cryptocurrency-a-good-investment","title":"Is Cryptocurrency a Good Investment? 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