How to pick or analyze altcoins?

What are altcoins?

The word “altcoin” is derived from “alternative” and “coin.” Altcoins refer to all alternatives to Bitcoin. Altcoins are cryptocurrencies that share characteristics with Bitcoin (BTC). For example, Bitcoin and altcoins have a similar basic framework. Altcoins also function like peer-to-peer (P2P) systems and share code, much like Bitcoin.

Of course, there are also marked differences between Bitcoin and altcoins. One such difference is the consensus mechanism used…

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