Difference between revisions of "Crypto Currency"

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* [[Mining]]
 
* [[Mining]]
 
* [[Cryptocurrency wallet]]
 
* [[Cryptocurrency wallet]]
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* [[How to create your own cryptocurrency]]
  
 
== External Links ==
 
== External Links ==

Revision as of 02:44, 25 June 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.

See Also

External Links

References