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 Crypto Currency

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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