Ethereum: How many bitcoin clones are out there? [duplicate]

Ethereum: Bitcoin clones

In recent years, a precedent for the spread of clones has been observed in the cryptocurrency space. Together with the success of Bitcoin, many people and organizations have tried to restore their basic technologies, often with different success. In this article, we will dive into the Ethereum clone world, exploring their history, features and factors that contribute to their appearance.

What are Ethereum clones?

Ethereum clones are new cryptocurrencies that try to imitate Ethereum functionality and architecture, but with significant modifications. They often share similarities with the Bitcoin source code, but also present non -standard functions and improvements to separate from the original. A few examples are:

• Mixing algorithm : Clones can use different bag algorithm or modify existing to improve efficiency or reduce energy consumption.

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• Tokenomika : You can introduce non -standard chips economy and distribution mechanisms to adapt to changing market conditions or optimize mining prizes.

Ethereum clone enlargement

Several factors contributed to the emergence of Bitcoin clones:

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Marking examples

Some significant Ethereum clones include:

• Cardano (ADA) : founded by Charles Hoskinson, the main Ethereum project number, Cardano is known for scaling, safety and utility.

• EOS : The Baverel and EOS Foundation, created by Arthur’s Art, EOS aims to ensure a more efficient and modified Blockchain solution for companies and institutions.

• The coin focuses on decentralization, safety and community management.

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The distribution of Ethereum clones reflects the constant development of the cryptocurrency space. While some clones may try to implement innovation or improve the original Bitcoin project, others may be more focused on the use of market opportunities or their predecessors. When the market matures and develops rules, it will be interesting to see which clones will succeed and which will eventually disappear.

Links:

• “Ethereum 2.0: New Scaling Era?” (2020) – Ethereum.org

• “Cardano: Changed, Safe and Useful Blockchain Solution (2020) – Cardano.io

• EOS: High Quality Blockchain Solution for Companies (2018) – EOS Foundation

Note: This article is a general overview of the topic. The information provided may not be current or accurate in real time.

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