Grassroot Crypto Education | Series 2 Volume 5- Contest: Draw the Logo of your Favorite Altcoin

Hi, stunning steemit family. I'm terribly excited to participate in this contest created by @fredquantum because it's my 1st time taking part in such a reasonable contest. I have decided to participate and share additional regarding cryptocurrency

What Is Altcoin?

"Altcoin" is a combination of the 2 words "alternative" and "coin" and includes all alternatives to Bitcoin. the fundamental framework for Bitcoin and altcoins is analogous. In some instances, altcoins conjointly aspire to become successive Bitcoin by turning into an affordable methodology for digital transactions.

EXAMPLE: Some strong samples of altcoins are Litecoin, Ethereum, Ripple, Bitcoin money, NEO, etc. These altcoins are like bitcoin with few alternative characteristics.

My favorite altcoin:

My favorite Altcoin is Tether, Tether belongs to a fast-growing breed of cryptocurrencies referred to as stablecoins, that aim to stay the value of their tokens stable, most typically by fastening it to the value of a standard currency just like the U.S. dollar.

Source

What year was it created?

Tether was launched as RealCoin in July 2014 and was rebranded as Tether in Nov 2014. It started commercialism in February 2015. Tether currently supports Bitcoin's Omni and Liquid protocols further as the Ethereum, TRON, EOS, Algorand, Solana, OMG Network, and Bitcoin money blockchains.

My Drawing Process:

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Thanks to @steemkidss and @fredquantum for making this excellent contest.