Why is Bitcoin not an altcoin?

“Altcoin” refers to any type of cryptocurrency other than Bitcoin . Ethereum is the most popular altcoin, and people use the full name (Ethereum) when talking about the broader blockchain network but Ether (ETH) to discuss the currency itself.9 Şub 2022

Altcoins do not create inflation for Bitcoin because they are a different asset than Bitcoin . Likewise, a new IPO on the New York Stock Exchange does not create inflation for existing stocks. This is because Bitcoin is a unique asset and is not fungible with other cryptocurrencies.

Altcoins, generally speaking, are every cryptocurrency other than Bitcoin . Any crypto coin or token that is not Bitcoin—like Cardano, Solana, Polkadot, and Uniswap—can be considered as an altcoin.