Bitcoin Alternatives Explained: Ethereum, Ripple & Litecoin

In this video, I explain the main features of how any cryptocurrency works with a wallet, an exchange, a blockchain and miners. Then I explain the famous Altcoins. The alternatives to Bitcoin and why they were discovered. I take the example of Litecoin, Ethereum and Ripple.

0:00 Introduction
1:40 The Need for Altcoins
4:47 Feature 1: Blockchain
5:24 Feature 2: Cryptocurrency exchange
6:12 Feature 3: Miners
7:50 Feature 4: Wallet
9:23 Ethereum Coin
10:58 Litecoin
11:30 Ripple Coin
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