Cryptocurrency is a type of digital currency that generally exists electronically. Generally designed to be free from Government control , they are virtual or digital money which takes the form of tokens or coins. While some cryptocurrencies have ventured into the physical world with credit cards or other projects, the large majority remain entirely intangible.
Bitcoin, widely seen as a pioneer in the world of cryptocurrencies, is the first of its kind to have the highest liquidity value. Transactions are recorded in a blockchain, which shows the transaction history for each unit and is used to prove ownership. Bitcoin’s value is largely dependent on its supply and the market’s demand for it. https://bitcoin.org/
Ethereum is open access to digital money and data-friendly services for everyone – no matter your background or location. It’s a community-built technology behind the cryptocurrency ether (ETH) and thousands of applications you can use today. Ethereum is for more than payments. It’s a marketplace of financial services, games and apps that can’t steal your data or censor you. https://ethereum.org/en/
Created in October 2011 by Charles “Charlie” Lee. Litecoin is a fork of Bitcoin (BTC). Like Bitcoin, Litecoin is based on an open-source global payment network that is not controlled by any central authority. Litecoin is designed to produce four times as many blocks as Bitcoin (1 new block every 2.5 minutes to Bitcoin’s 10), and it also allows for 4x the coin limit, making its main appeal over Bitcoin to do with speed and ease of acquisition. https://litecoin.com/
4. Binance Coin
Created in July 2017, Binance coin is an ethereum-based (ERC-20) token that can be used to trade cryptocurrencies and pay for fees on the Binance exchange. Users of Binance Coin receive a discount in transaction fees on the Binance Exchange as an incentive. BNB can also be exchanged or traded for other cryptocurrencies, such as Bitcoin, Ethereum, Litecoin, etc. https://www.binance.com/en
The first to be founded on peer-reviewed research and developed through evidence-based methods. It combines pioneering technologies to provide unparalleled security and sustainability to decentralized applications, systems, and societies. The cryptocurrency which is operated in the Cardano network is called ADA and is, like others, can be used for direct value transfer. https://cardano.org/
Created by software engineers Billy Markus and Jackson Palmer in 2013, it was created mainly as a joke but has now become a household name. This is partly due to the Shiba Inu-based meme currency itself, but the digital coin saw great popularity following endorsements from celebrities like Tesla CEO Elon Musk .
7. TRON (TRX)
Founded by Justin Sun ,in September 2017 by a Singapore based non-profit organization called the Tron Foundation. By using the features of the blockchain and peer-to-peer network technology, Tron attempts to bridge the gap between content creators and content consumers by eliminating the middleman. The Tron network uses its called Tronix (TRX) and they can be exchanged to other cryptocurrencies, or can be used to pay for blockchain services. One can purchase Tronix on exchanges like Liqui and Binance by exchanging them for other cryptocurrencies like ETH or BTC
Fast and confidential with low fees — built for Internet and mobile transactions. Zcash offers confidentiality to protect your privacy and your financial history. Transactions can be confirmed quickly with low transaction fees. Most cryptocurrencies expose your full transaction history and holdings to everyone, but shielded Zcash transactions are completely private. Selective disclosure features within Zcash allow a user to share some transaction details, for purposes of compliance or audit. https://z.cash/
IOTA is an open-source distributed ledger and cryptocurrency designed for the Internet of things.
When you send an IOTA transaction you validate two other transactions. This allows IOTA to overcome the cost and scalability limitations of blockchain. it uses a new protocol investigation called “Tangle” and not blockchain technology. The biggest advantage of IOTA is the zero transaction fee. https://www.iota.org/
10. Bitcoin Cash (BCH)
Created in 2017, Bitcoin Cash was started by bitcoin miners and developers concerned about the future of the bitcoin cryptocurrency, and its ability to scale effectively. fulfilling the original promise of Bitcoin as “Peer-to-Peer Electronic Cash”. Merchants and users are empowered with low fees and reliable confirmations. The future shines brightly with unrestricted growth, global adoption, permission less innovation, and decentralized development. The Bitcoin Cash protocol ensures there will never be more than 21 million coins in existence. https://bitcoincash.org/