https://www.build.top/nominate/0x1f20A8A7E9aA311fa3B7c2Cd63Ae4EbDBe390723
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The first altcoin was Litecoin, forked from the Bitcoin blockchain in 2011. Litecoin uses a different proof-of-work (PoW) consensus mechanism than Bitcoin, called Scrypt (pronounced ess-crypt), which is less energy-intensive and quicker than Bitcoin's SHA-256 PoW consensus mechanism.
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Others fork or are developed from scratch, attempting to create a blockchain and token that appeals to a specific industry or group, such as Ripple's attempt to use the XRP Ledger and XRP to attract the banking industry with a faster payment system.
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