Here some of the best said, and popular cryptocurrencies of all time. Getting used by individual users and businesses across the world as an innovative digital asset.
Bitcoin is a worldwide cryptocurrency and digital payment system, called the first decentralized digital currency. It was invented by an unknown programmer, or a group of programmers, under the name Satoshi Nakamoto. And, released as open-source software in 2009. Bitcoin system is peer-to-peer, and transactions take place between users directly, without an intermediary.
Ethereum is another open-source, public, blockchain-based distributed computing platform featuring smart contract functionality. Ethereum provides a cryptocurrency token called “ether”, which can be transferred between accounts, and used to compensate participant nodes for computations performed. Ethereum was proposed by Vitalik Buterin, a cryptocurrency researcher and programmer in late 2013.
Litecoin is another peer-to-peer cryptocurrency and open source software, which is inspired by, and in most regards technically nearly identical to Bitcoin (BTC). Litecoin has some technical improvements over Bitcoin, and most other major cryptocurrencies, such as the adoption of Segregated Witness, and the Lightning Network. Litecoin has almost zero payment cost and facilitates payments approximately four times faster than Bitcoin.
The Monero is annother leading cryptocurrency created in April 2014. It focuses on privacy, decentralization and scalability. Unlike many cryptocurrencies that are derivatives of Bitcoin, Monero is based on the CryptoNote protocol and possesses significant algorithmic differences relating to blockchain obfuscation. Monero was launched originally under the name BitMonero on 18 April 2014.
Ripple XRP The Digital Asset for Payments. It’s the fastest and most scalable digital asset, enabling real-time global payments anywhere in the world.
NEO, formerly Antshares, is China’s first ever open source blockchain protocol, founded in 2014. NEO has been created to shift the traditional economy into a new era of the Smart Economy. It’s decentralized and distributed ledger protocol digitalizing real-world assets into digital ones. Enabling registration, depository, transfer, trading, clearing and settlement via a peer-to-peer network.
Dash is another leading peer-to-peer cryptocurrency, offering all the same features as Bitcoin. But also has advanced capabilities, including instant transactions, private transactions, and decentralized governance. Dash uses a two-tier architecture to power its network, consistsing of miners and masternodes.
Ethereum Classic was launched as a result of the hardfork of the original Ethereum blockchain as the alternative blockchain. The main goal of the project is to ensure survival of the original Ethereum blockchain. Ethereum Classic appeared as a result of disagreement with the Ethereum Foundation regarding The DAO Hard Fork.
Zcash cryptocurrency grew out of the Zerocoin project, aimed at improving anonymity for Bitcoin users. The Zerocoin protocol was initially improved and transformed into Zerocash, which thus yielded the Zcash cryptocurrency in 2016. The founder and CEO of Zcash is Zooko Wilcox-O’Hearn and the team includes cryptographer Matthew D. Green from Johns Hopkins University.