The term "shanzhai" refers to any cryptocurrency since the release of Bitcoin (Bitcoin). In the early days of Bitcoin, developers forked the open-source code to create new currencies. Over time, these Bitcoin alternatives began to diverge further from the original version, with different supply schedules and privacy features. These include Litecoin (Lite) and Dash (Dash), among others.
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The term "shanzhai" refers to any cryptocurrency since the release of Bitcoin (Bitcoin). In the early days of Bitcoin, developers forked the open-source code to create new currencies. Over time, these Bitcoin alternatives began to diverge further from the original version, with different supply schedules and privacy features. These include Litecoin (Lite) and Dash (Dash), among others.