The Rise of Altcoin Domination and Code Sharing
The cryptocurrency world has experienced a significant change in market dynamics, with Bitcoin (BTC) and Ethereum (ETH) dominating space. Two of the largest altcoins on the market, each with its own features, advantages and unique use cases. But you will be based on Bitcoin or share the same code base as its original creator? And what would you say about the number of altcoins that greatly borrow from the Ethereum code?
Altcoin Adoption and Code Sharing
According to the cryptocurrency research office, Glassode,
- This means that out of 100 altcoins created, at least 75 to 80 are directly linked to the original Bitcoin project.
- In fact,
Top 5 Altcoins Based On Bitcoin Code
Bitcoin or share their code base, here are five examples:
1.
- Architecture is always influenced by the original concept.
.
In Conclusion
. With around 75% to 80% of all altcoins
However, it should be noted that all altcoins Other projects, such as Ethereum himself, were able to adapt and develop their protocols when
The cryptocurrency, and the fact that the code is about copied and adapted rather than being rewritten.
