An Altcoins is new digital cryptocurrency similar to Bitcoin. Aside from Bitcoin, there are hundreds of other digital currencies out there. These are known as “altcoins” or alternatives to Bitcoin for example , ether , ripple, z cash and many more. “ALTCOIN” is a combination of two words : “alt” and “coin”; alt signifying “alternative” and coin signifying “cryptocurrency”. Thus together they imply a category of cryptocurrency that is alternative to the digital currency Bitcoin. After the success story of Bitcoin, many other peer- to- peer digital currencies have emerged in an attempt to imitate that success. While Bitcoin was the first cryptocurrency, and remains the best known, it is now only one of hundreds of cryptocurrencies, which all seek to improve upon Bitcoin in various ways. Most popular altcoins use the same fundamental building blocks as Bitcoin. This approach is relatively easy to carry out because Bitcoin is a free, open source platform. When an altcoins forks at the b...