Difference between revisions of "Crypto Currency"

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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 cryptocurrencies include:
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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)
 
* [[Bitcoin]] (BTC)
 
* [[Ethereum]] (ETH)
 
* [[Ethereum]] (ETH)
 +
* [[Ripple]] (XRP)
 +
* [[Bitcoin Cash]]
 
* [[Litecoin]] (LTC)
 
* [[Litecoin]] (LTC)
 +
* [[Neo]]
 +
* [[Cardano]]
 +
* [[Stellar]]
 +
* [[EOS]]
 +
* [[Monero]] (XMR)
 
* [[Zcash]] (ZEC)
 
* [[Zcash]] (ZEC)
 
* [[Dash]] (DASH)
 
* [[Dash]] (DASH)
* [[Ripple]] (XRP)
 
* [[Monero]] (XMR)
 
  
 
Cryptocurrencies that are inspired by [[Bitcoin]] are called [[Altcoins]].
 
Cryptocurrencies that are inspired by [[Bitcoin]] are called [[Altcoins]].

Revision as of 22:05, 3 March 2018

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:

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.

External Links

References