3 ms·

It is an alternative coin. Hence "altcoin."

• atomical 9y ago
  I think of blockchain currency as coins and currency issued by a blockchain as tokens (i.e. ERC20).
  • tylersmith 9y ago
    There's no fundamental difference. Currently there are implementation differences but those will go away. Eventually Ether will be ERC20 compliant.
    • AgentME 9y ago
      >Eventually Ether will be ERC20 compliant. Citation? Ether is privileged on Ethereum. It's what mining gets you, it's what transaction fees are paid in, if proof-of-stake comes around, it will be what's staked, and any transaction can include some. I don't expect any of these to change.
      • cslarson 9y ago
        I think the reference is EIP 101: Crypto Abstraction which is planned for the Serenity release. https://github.com/ethereum/EIPs/issues/28 https://github.com/ethereum/EIPs/issues/28
        • AgentME 9y ago
          Thanks, that's interesting. I take back some of my incredulity from my previous post!
• decentralised 9y ago
  No because it is based on a different generation of the blockchain design. The same way that iOS is not an alt-blackberry.