A cryptocurrency is a digital asset designed to work as a medium of exchange that uses cryptography to secure its transactions, to control the creation of additional units, and to verify the transfer of assets.
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Today here I will discuss some main cryptocurrency with you.
- Litecoin
Litecoin is a peer-to-peer cryptocurrency 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.
*Bitcoin
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.
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*Ethereum
Ethereum is an open-source, public, blockchain-based distributed computing platform and operating system featuring smart contract functionality. It supports a modified version of Nakamoto consensus via transaction based state transitions.
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*Zcash
Zcash is a cryptocurrency aimed at using cryptography to provide enhanced privacy for its users compared to other cryptocurrencies such as Bitcoin.
*Dash
Dash is an open source peer-to-peer cryptocurrency. On top of Bitcoin's feature set, it currently offers instant transactions, private transactions and operates a self-governing and self-funding model ..
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*Ripple
Ripple is a centralized real-time gross settlement system, currency exchange and remittance network created by the Ripple company.
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*Monero
Monero is an open-source cryptocurrency created in April 2014 that focuses on privacy and decentralization that runs on Windows, macOS, Linux, Android, and FreeBSD.
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*Blockchain
A block-chain, originally block chain, is a continuously growing list of records, called blocks, which are linked and secured using cryptography
These are the main types of crypto currency I will share rest of the types in my later posts.
Thanks for reading!!!!!!
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