What is Cricptocurrency?
Cricptocurrency |
Crypto currency is also called digital currency. Cryptography is used in these currencies. This is a Peer to Peer Electronic System which we can use to purchase Goods and Services in place of regular currencies through the Internet. Crypto currencies are limited entries in a database that no one can change unless specific conditions are fulfilled. We believe that crypto currencies are the hottest investment opportunity currently available.
Types of
Bitcoin -
Bitcoin is introduced by Satoshi Nakamoto
BItcoin cash- Its
main difference with the original Bitcoin is its block size is 8MB
Litecoin- It
was created by Charlie Lee in 2011, who was employee of Google. He designed it
to improve on Bitcoin technology, with shorter lower fees, transaction times, and
more targeted miners.
Ethereum- Opposite
of bitcoin, we are using as an app of Ethereum.
It is not as much useful on digital currency .The token used here is
called Ether, which is used as currency by app users and developers.
Ripple-Ripple
is a type of crypto currency but it is not block chain based.
Stellar- stellar
was designed by Ripple co-founder Jed McCaleb in 2014 ,and Stellar focuses on
money transfers, and its network is designed to make them faster and more
efficient, even across national borders.
NEO -NEO is very aggressively looking to become a major global crypto player. It is developed in china. Its main focus is that allow users to create and execute agreements without the use of an intermediary.
Cardano- Cardano aka ADA is used to send and receive digital funds.
IOTA- IOTA is an Internet of Things Application, launched in 2016.
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