Coinmonks
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Coinmonks

The Differences between Bitcoin and Altcoins

Source photo Unsplash.com

Altcoins are distinct from Bitcoin in a number of ways, even though they have many similarities and function on the same basic principles.

Coin production in the Bitcoin network takes 10 minutes. Litecoin, on the other hand, may produce coins every 2.5 minutes.

Due to the high energy consumption and demanding nature of proof-of-work, implementing and utilizing…

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