Top 3 Cryptocurrenies in the world !..

in #crypto6 years ago

Bitcoin(BTC)

Subunits:-(1⁄1000millibitcoin) (1⁄100000000satoshi)

Bitcoin is a cryptocurrency and worldwide payment system.It is the first decentralized digital currency, as the system works without a central bank or single administrator.The network is peer-to-peer and transactions take place between users directly, without an intermediary.These transactions are verified by network nodes through the use of cryptography and recorded in a public distributed ledger called a blockchain. Bitcoin was invented by an unknown person or group of people under the name Satoshi Nakamoto and released as open-source software in 2009.

Litecoin(LTC)

Precision:-10−8Subunits:-1⁄1000lites 1⁄1000000photons,1⁄100000000litoshis

Litecoin (LTC or Ł) is a peer-to-peercryptocurrency and open source software project released under the MIT/X11 license.Creation and transfer of coins is based on an open source cryptographic protocol and is not managed by any central authority.The coin was inspired by, and in technical details is nearly identical to, Bitcoin (BTC).

Litecoin was released via an open-sourceclient on GitHub on October 7, 2011 by Charlie Lee, a former Google employee.The Litecoin network went live on October 13, 2011.It was a fork of the Bitcoin Core client, differing primarily by having a decreased block generation time (2.5 minutes), increased maximum number of coins, different hashing algorithm (scrypt, instead of SHA-256), and a slightly modified GUI.
During the month of November 2013, the aggregate value of Litecoin experienced massive growth which included a 100% leap within 24 hours.
Litecoin reached a $1 billion market capitalization in November 2013.

Ethereum(ETH)

Ethereum is an open-source, public, blockchain-based distributed computingplatform and operating system featuring smart contract (scripting) functionality.It supports a modified version of Nakamoto consensus via transaction based state transitions.
Ether is a cryptocurrency whose blockchain is generated by the Ethereum platform. Ethercan be transferred between accounts and used to compensate participant mining nodes for computations performed.Ethereum provides a decentralized Turing-completevirtual machine, the Ethereum Virtual Machine (EVM), which can execute scripts using an international network of public nodes. "Gas", an internal transaction pricing mechanism, is used to mitigate spam and allocate resources on the network.

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https://en.wikipedia.org/wiki/Litecoin

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i like bitcoin