Bitcoin vs Altcoins: Understanding the Core Difference #Altcoin101
Bitcoin was designed with one mission: to be a secure, decentralized form of money that anyone can use without relying on banks. Its strength comes from its simplicity and its fixed supply of 21 million coins, which makes it a strong store of value and often compared to digital gold. The Bitcoin network prioritizes security over speed or extra features, which is why it remains the most trusted cryptocurrency.
Altcoins, however, aim to go beyond what Bitcoin offers. Many were created to solve specific problems—like high transaction speed, network scalability, smart contract execution, or specialized functions in DeFi, NFTs, gaming, and Web3 apps. Networks like Ethereum, BNB Chain, and Solana provide advanced utilities that Bitcoin doesn’t focus on. Altcoins evolve faster, experiment more, and offer diverse use cases across different industries.
In simple terms: Bitcoin is the foundation, altcoins are the evolution. Bitcoin gives stability, while altcoins bring innovation and new opportunities for users and builders.
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The Crypto Radio
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Live Crypto News with @Bitcoin Bo - Jan 16th
India’s crypto industry is pushing for tax reform ahead of the February Union Budget, arguing that a 30% gains tax and a 1% charge on every trade are driving users offshore just as compliance rules tighten at home.
Exchanges say oversight is now strong, but tax friction remains high. With losses still unable to offset gains, the question for policymakers is whether easing taxes could actually improve transparency, liquidity, and enforcement instead of weakening them.
#walrus $WAL Walrus is building an interesting foundation for decentralized data storage by focusing on scalability, security, and efficiency. What stands out is how @walrusprotocol aims to simplify data availability for Web3 applications while keeping costs low. As adoption of DeFi, NFTs, and on-chain apps grows, reliable storage becomes critical. $WAL could play an important role in supporting future blockchain infrastructure. Definitely a project worth watching in the evolving Web3 ecosystem. #walrus