Difference between revisions of "Crypto Currency"
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| − | A cryptocurrency was designed to be a digital way of exchanging assets | + | A cryptocurrency was designed to be a digital way of exchanging assets securely while maintaining privacy. The currency is secured by means of [[cryptography]]. Some top ranking cryptocurrencies include: |
| − | Some cryptocurrencies include: | ||
| − | * [[Bitcoin]] | + | * [[Bitcoin]] (BTC) |
| − | * [[Ethereum]] | + | * [[Ethereum]] (ETH) |
| − | * [[Litecoin]] | + | * [[Ripple]] (XRP) |
| − | * [[Zcash]] | + | * [[Bitcoin Cash]] (BCH) |
| − | * [[Dash]] | + | * [[Litecoin]] (LTC) |
| − | * | + | * [[Neo]] (NEO) |
| + | * [[Cardano]] (ADA) | ||
| + | * [[Stellar]] (XLM) | ||
| + | * [[EOS]] (EOS) | ||
| + | * [[Monero]] (XMR) | ||
| + | * [[Zcash]] (ZEC) | ||
| + | * [[Dash]] (DASH) | ||
| + | * [[Tron]] (TRX) | ||
| − | [[Coinbase]] | + | Cryptocurrencies that are inspired by [[Bitcoin]] are called [[Altcoins]]. |
| + | |||
| + | [[Coinbase]] is a popular site that people use to manage their cryptocurrencies. | ||
| + | |||
| + | There are [[different ways to store your cryptocurrency]]. | ||
| + | |||
| + | == Coin vs Token == | ||
| + | |||
| + | A cryptocurrency [[coin]] is a currency that exists on its own [[blockchain]] and is used as a means of payment. For example [[Bitcoin]] or [[Ethereum]]. | ||
| + | |||
| + | A cryptocurrency [[token]] is a currency that resides on a host's [[blockchain]] platform and is meant to be a representation of a certain asset<ref>https://www.cryptoniam.com/what-is-the-difference-between-cryptocurrency-coin-and-tokens/</ref>. For example [[ERC20]], which are tokens that are based off [[Ethereum]]'s [[blockchain]]<ref>https://blog.chronobank.io/token-vs-coin-whats-the-difference-5ef7580d1199</ref>. The tokens are tradable and can represent coins, loyalty points, etc. | ||
| + | |||
| + | == See Also == | ||
| + | * [[Mining]] | ||
| + | * [[Cryptocurrency wallet]] | ||
| + | * [[How to create your own cryptocurrency]] | ||
| + | * [[Types of Tokens]] | ||
| + | |||
| + | == External Links == | ||
| + | * [https://coinranking.com Coin Ranking] for current pricing | ||
| + | |||
| + | == References == | ||
| + | <references/> | ||
| + | |||
| + | __NOTOC__ | ||
Latest revision as of 02:52, 27 January 2019
A cryptocurrency was designed to be a digital way of exchanging assets securely while maintaining privacy. The currency is secured by means of cryptography. Some top ranking cryptocurrencies include:
- Bitcoin (BTC)
- Ethereum (ETH)
- Ripple (XRP)
- Bitcoin Cash (BCH)
- Litecoin (LTC)
- Neo (NEO)
- Cardano (ADA)
- Stellar (XLM)
- EOS (EOS)
- Monero (XMR)
- Zcash (ZEC)
- Dash (DASH)
- Tron (TRX)
Cryptocurrencies that are inspired by Bitcoin are called Altcoins.
Coinbase is a popular site that people use to manage their cryptocurrencies.
There are different ways to store your cryptocurrency.
Coin vs Token
A cryptocurrency coin is a currency that exists on its own blockchain and is used as a means of payment. For example Bitcoin or Ethereum.
A cryptocurrency token is a currency that resides on a host's blockchain platform and is meant to be a representation of a certain asset[1]. For example ERC20, which are tokens that are based off Ethereum's blockchain[2]. The tokens are tradable and can represent coins, loyalty points, etc.
See Also
External Links
- Coin Ranking for current pricing
References
