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These are all cryptocurrencies that are not <a href=https://www.bitdegree.org/"https://www.bitdegree.org/crypto/buy-bitcoin-btc/">Bitcoin (BTC)</strong></a>, the first cryptocurrency in the world. As of April 2022, there are over 18,000 registered alternative cryptocurrencies.</p>\n<p>Altcoin is short for \"alternative coin\". Like Bitcoin, altcoins are <strong>blockchain-based</strong>. However, they may differ in their protocol or may use other <a href=https://www.bitdegree.org/"/crypto/learn/crypto-terms/what-is-consensus-mechanism/">consensus mechanisms</strong></a>&mdash;like <a href=https://www.bitdegree.org/"/crypto/learn/crypto-terms/what-is-proof-of-stake-pos/">Proof-of-Stake instead of <a href=https://www.bitdegree.org/"/crypto/learn/crypto-terms/what-is-proof-of-work-pow/">Proof-of-Work&mdash;for transaction verification.</p>\n<p>Altcoins are often developed with the aim to improve on some of Bitcoin&rsquo;s flaws. They may offer faster and cheaper transactions, resources that are not as energy-intensive, higher levels of <a href=https://www.bitdegree.org/"/crypto/learn/crypto-terms/what-is-decentralization/">decentralization, etc. Altcoins compete with Bitcoin in the market to overtake its leading position in market capitalization.</p>\n<p>The biggest altcoin in the market as of April 2022 is <a href=https://www.bitdegree.org/"https://www.bitdegree.org/crypto/buy-ethereum-eth/">Ethereum (ETH)</strong></a>. Other alternative cryptocurrencies are <a href=https://www.bitdegree.org/"https://www.bitdegree.org/crypto/buy-ripple-xrp/">Ripple (XRP)</strong></a>, <a href=https://www.bitdegree.org/"https://www.bitdegree.org/crypto/buy-cardano-ada/">Cardano (ADA)</strong></a>, and <a href=https://www.bitdegree.org/"https://www.bitdegree.org/crypto/buy-binance-coin-bnb/">Binance Coin (BNB)</strong></a>. <a href=https://www.bitdegree.org/"/crypto/learn/crypto-terms/what-is-stablecoin/">Stablecoins, cryptocurrencies that have their value pegged to fiat currency or an asset like gold, are also considered altcoins. One of the biggest stablecoins in the world is <a href=https://www.bitdegree.org/"https://www.bitdegree.org/crypto/buy-tether-usdt/">Tether (USDT)</strong></a>.</p>\n<p>Altcoin traders tend to buy and sell large amounts of altcoins on a day-to-day basis. The goal of altcoin trading is short-term profiting. Altcoin traders follow real-time updates and have strategies to determine the optimal time to earn the highest profits. This can be a high-risk, high-reward strategy, as it may lead to big losses.</p>\n<p>Altcoin traders aim to capitalize on the price fluidity and volatility of altcoins. Unlike long-term cryptocurrency holders known as <a href=https://www.bitdegree.org/"/crypto/learn/crypto-terms/what-is-hodl/">HODLers,&nbsp;they do not intend to keep the altcoin assets for an extended period of time.</p>","level":"easy","meta_title":"What is Altcoin Trader? 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Fortunately, antivirus software came around. The concept is very simple, <strong>antivirus software - a program that detects, fights viruses, and protects the computer from obtaining any new ones.</strong></p>\n<p>There are several approaches that may be taken throughout the antivirus scanning procedure. <strong>The program may either scan the system for any recognized footprints or perform a manual search.</strong> It may also keep track of any questionable activities, such as altering rights, copying without user permission, or reading specific files. Or simply scanning for code.</p>\n<p>Besides, a <a href=https://www.bitdegree.org/"/crypto/learn/crypto-terms/what-is-virus/">virus is usually an executable file or code that is developed to invade computer systems. Nowadays, we fully believe that an antivirus program can <strong>protect</strong> our personal information and files from <strong>Adware and spyware, ransomware and keyloggers, backdoors and rootkits, trojans, worms, dialers, fraud tools, and so on.</strong></p>\n<p>However, it frequently includes network firewall capabilities, such as defending us against spam, scam, DDoS assaults, and even <a href=https://www.bitdegree.org/"/crypto/learn/crypto-terms/what-is-phishing/">phishing attempts.</p>\n<p>Nevertheless, there are certain disadvantages. <strong>Antivirus software is known to slow down PC performance.</strong> There have been cases where the software deletes applications, damages operating systems, and even produces good findings after the machine has been infected with a virus.</p>\n<p>Aside from that, individuals have a tendency to <strong>overestimate</strong> their own security and seek to accomplish things that are risky. Antivirus software cannot give complete security without vulnerabilities, particularly when it comes to emerging threats.</p>\n<p>This is where new technologies such as sandboxing and data mining come in helpful. As a result, in order for an antivirus to function properly, it must be updated on a regular basis. <strong>Norton, Avast!, ESET NOD, and McAfree</strong> are the most well-known and widely utilized examples.</p>\n<p><em>Keep in mind that, free and paid options provide different levels of protection. Even though a free version can be enough for some, you can&rsquo;t expect your online data to be 100% safe without spending a cent.</em></p>","level":"medium","meta_title":"What is Antivirus? Definition & Meaning | Crypto Wiki","meta_description":"Antivirus meaning: Antivirus - software is designed particularly to identify and remove viruses from a computer.","meta_keywords":null,"language":"en","created_at":"2022-02-10T14:25:03.000000Z","updated_at":"2022-05-16T05:25:11.000000Z","preview_url":"https://www.bitdegree.org/crypto/learn/crypto-terms/what-is-antivirus"},"currentChapter":"A","currentSection":"what-is-altcoin","chapterTitle":"A","readingLevel":"easy"},"url":"/crypto/learn/crypto-terms/what-is-altcoin","version":"cdd198d50cbe5c9c21c9329d7c096ffc"}" class="container-fluid d-flex crypto-book p-0">
Handbook Cover Page
Crypto Terms: Letter A

What is Altcoin?

Altcoin MEANING:
Altcoin - any cryptocurrency that isn’t Bitcoin; short for “alternative coin”.
Easy
1 minute

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).
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