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What are Altcoins?
Altcoins, also known as alternative coins or alt assets, refer to any cryptocurrency other than Bitcoin. Altcoins leverage the open source code of Bitcoin and introduce new features that provide additional benefits such as faster transaction speeds, different consensus algorithms, privacy enhancements and more. They have become popular due to their ability to offer greater flexibility than traditional currency systems. As a result, many investors now consider them an attractive option for diversifying their portfolios.
