Difference between revisions of "Crypto Currency"

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A cryptocurrency was designed to be a digital way of exchanging assets in a secure manner 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)
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* [[Ripple]] (XRP)
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* [[Bitcoin Cash]] (BCH)
 
* [[Litecoin]] (LTC)
 
* [[Litecoin]] (LTC)
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* [[Neo]] (NEO)
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* [[Cardano]] (ADA)
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* [[Stellar]] (XLM)
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* [[EOS]] (EOS)
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* [[Monero]] (XMR)
 
* [[Zcash]] (ZEC)
 
* [[Zcash]] (ZEC)
 
* [[Dash]] (DASH)
 
* [[Dash]] (DASH)
* [[Ripple]] (XRP)
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* [[Tron]] (TRX)
* [[Monero]] (XMR)
 
  
Currencies inspired by [[Bitcoin]] are called [[Altcoins]].
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Cryptocurrencies that are inspired by [[Bitcoin]] are called [[Altcoins]].
  
 
[[Coinbase]] is a popular site that people use to manage their cryptocurrencies.
 
[[Coinbase]] is a popular site that people use to manage their cryptocurrencies.
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There are [[different ways to store your cryptocurrency]].
 
There are [[different ways to store your cryptocurrency]].
  
=== Coin vs Token ===
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== Coin vs Token ==
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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]].
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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.
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== See Also ==
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* [[Mining]]
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* [[Cryptocurrency wallet]]
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* [[How to create your own cryptocurrency]]
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* [[Types of Tokens]]
  
 
== External Links ==
 
== External Links ==
 
* [https://coinranking.com Coin Ranking] for current pricing
 
* [https://coinranking.com Coin Ranking] for current pricing
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== References ==
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<references/>
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__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:

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