Bitcoin Gold Zcash. Dash Petro. Algorand Cardano EOS. Airdrop BitLicense Blockchain game Complementary currency Crypto-anarchism Cryptocurrency bubble Cryptocurrency scams Digital currency Decentralized autonomous organization Decentralized application Distributed ledger technology law Double-spending Hyperledger Initial coin offering Initial exchange offering Initiative Q List of cryptocurrencies List of cryptocurrencies by market capitalization Token money Virtual currency.
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Views Read View source View history. Help Learn to edit Community portal Recent changes Upload file. Download as PDF Printable version. Satoshi Nakamoto [nt 1]. SHAd  . PoW  . The first and most widely used decentralized ledger currency,  with the highest market capitalization. Vincent Durham  . Also acts as an alternative, decentralized DNS. Sunny King pseudonym [ citation needed ]. SHAd [ citation needed ]. Scrypt . PoW . Uses the finding of prime chains composed of Cunningham chains and bi-twin chains for proof-of-work.
Ripple  . ECDSA . Designed for peer to peer debt transfer. Not based on bitcoin. SHAd . Java . Specifically designed as a flexible platform to build applications and financial services around its protocol. Baldur Odinsson pseudonym .
A bitcoin -based currency featuring instant transactions, decentralized governance and budgeting, and private transactions. C . Privacy-centric coin based on the CryptoNote protocol with improvements for scalability and decentralization. The first cryptocurrency to be nominated for a major adult industry award. Features anonymous transactions using Tor. David Muller . Lyra2RE . Vitalik Buterin . Ethash . PoW , PoS. Supports Turing-complete smart contracts.
An alternative version of Ethereum  whose blockchain does not include the DAO hard fork. Open Representative Voting . Decentralized, feeless, open-source, peer-to-peer cryptocurrency. First to use a Block Lattice structure. Jan Ludovicus van der Velde .
Omnicore . Tether claims to be backed by USD at a 1 to 1 ratio. The company has been unable to produce promised audits. Poramin Insom . Merkle tree Proof . Dan Larimer. Feeless Smart contract platform for decentralized applications and decentralized autonomous corporations with a block time of ms.
Ouroboros , PoS Algorithm . Haskell . A proof-of-stake blockchain platform: developed through evidence-based methods and peer-reviewed research. Java , Solidity . Go . Uses a verifiable random function to randomly select groups of users to certify blocks. Nader al-Naji aka diamondhands . Go . PoW . Also a social media platform , resembling Twitter. Solidity . Internet Computer. Rust . Used American hip hop artist Kanye West as its mascot, abandoned after he filed a trademark lawsuit.
A Ponzi scheme promoted as a cryptocurrency. BitConnect was described as an open source, all-in-one bitcoin and crypto community platform but was later discovered to be a Ponzi scheme. Ethash . KodakCoin is a "photographer-centric" blockchain cryptocurrency used for payments for licensing photographs.
As of August [update] it does not appear to function as a currency. You know that Bitcoin is used as a digital currency, right? Well, Ethereum and NEO were not designed to be used as a digital currency. Instead, they were designed as huge platforms for building apps on a blockchain.
This is the most common way that new cryptocurrencies are created; they are made on blockchains that allow app building , like Ethereum and NEO. This is all possible because Ethereum introduced new technology to the crypto world when it launched in This technology is called a smart contract. A smart contract can automatically execute transactions when certain things happen.
Because of smart contracts, no third party is needed. Bitcoin means there is no third party needed in direct payments, but smart contracts mean there is no third party needed in lots of things — like the sale of a house, the sale of electricity, or the sale of stock on the stock market.
So, instead, you put a token into the smart contract that legally represents the electricity. This is one of the best things about smart contracts on Ethereum, NEO, and similar altcoins — you can tokenize real things and put them on the blockchain. Out of the three main types of cryptocurrency, these are the ones I find most interesting. Compared to the other two main types of cryptocurrency, they are completely unique in the fact that they do not have their own blockchain.
They are used on dApps decentralized applications ; these are the apps I told you about that can be built on blockchains like Ethereum and NEO. The dApps are built to use smart contracts, which is why they use tokens. They can instead be used to purchase things on the dApp. Either that, or they can be used to get certain advantages — things like discounted fees and voting fees. Tokens always have a price that they can be sold for, which is why some people buy them. Some people buy tokens to sell them later for a higher price, instead of buying them to use them on the dApp.
This means the transaction fee is still paid with Ether or NEO, and not with the token. So, to make a transaction on a dApp i. A quick tip : To pronounce dApp correctly, say "dee-app". Looking for more in-depth information on related topics? We have gathered similar articles for you to spare your time. Take a look! Not sure what are penny cryptocurrencies?
Learn how to buy Litecoin with a credit card and debit cards instantly by following this complete buy Litecoin with credit card guide. Find out is Bitcoin going to crash in this guide. In this section, I will cover the top cryptocurrencies. In contrast to Bitcoin, Ethereum is a platform that allows people to build dApps , tokens , and smart contracts.
Its currency is called Ether ETH. Earlier, we looked at how important smart contracts were and how many possibilities they unlocked for the future. Basically, Ripple is a blockchain that is designed to be used by banks to make their payments faster. Litecoin is a fork of Bitcoin! It was created to improve upon what Bitcoin had created.
Litecoin has been in the news a lot lately because it will be the first cryptocurrency to use the Lightning Network. The Lightning Network solves a lot of issues for cryptocurrencies, such as scalability — using the Lighting Network, Litecoin will be able to process many more transactions per second.
Also, Bitcoin transactions can be costly, which makes them pointless for sending small amounts. For more information on Litecoin, its position in the market and its pros and cons, read our Litecoin Price Prediction guide. Learn what is the best time to buy Bitcoins, and when to sell Bitcoin, too! Learn about the the most secure vaults in the world, and how you can acquire one of such vaults yourself!
Learn how to convert Bitcoin to cash on Binance P2P, and start exchanging today! After reading this guide, you should be much more familiar with the most popular cryptocurrencies when it comes to both trading and technology , and the different types of cryptocurrency that exist. You know how they are different from one another, and you understand some of the pros and cons of each.
This puts you in a much better position to start doing further research and making your own opinion on each of them. Which is your favorite? Let me know! We do not publish biased feedback or spam. So if you want to share your experience, opinion or give advice - the scene is yours! In total, there are three big types of cryptocurrencies - Bitcoin , altcoins , and tokens. Altcoins are mostly derivatives of Bitcoin, but there are plenty of standalone coins, too.
Finally, tokens are mostly used for dApps. Picking out the best crypto exchange for yourself, you should always focus on maintaining a balance between the essential features that all top crypto exchanges should have, and those that are important to you, personally. That said, many users believe that Coinbase is one of the simpler exchanges on the current market. The exchange platform i. Binance acts as a middleman - it connects you your offer or request with that other person the seller or the buyer.
When considering cryptocurrency exchange rankings, though, both of these types of businesses exchanges and brokerages are usually just thrown under the umbrella term - exchange. This is done for the sake of simplicity. No, definitely not! While some of the top cryptocurrency exchanges are, indeed, based in the United States i. Coinbase or Kraken , there are other very well-known industry leaders that are located all over the world.
While there are many reasons for why an exchange would prefer to be based in one location over another, most of them boil down to business intricacies, and usually have no effect on the user of the platform. Understanding the Different Types of Cryptocurrency Different types of cryptocurrency: a thorough and in-depth guide. By Laura M. All the content on BitDegree. The real context behind every covered topic must always be revealed to the reader. Feel free to contact us if you believe that content is outdated, incomplete, or questionable.
Laura M. Sound good? Table of Contents 1. What is a Cryptocurrency? The Three Main Types of Cryptocurrency 2. Bitcoin 2. Altcoins 2. Tokens for dApps 3. The Top Cryptocurrencies 3. Bitcoin 3. Ethereum 3.
Different types of services and applications are built on blockchain technology. There are public supranational systems, which anyone can join and become a. Проверьте историю рейтингов загрузок Investments, shares, cryptocurrency Invest the Ethereum cryptocurrency (ETH) in thousands of different types of. Types of Cryptocurrency crypto assets out there, how do you tell one crypto asset from another? There are lots of different ways to get bitcoin.