By The cryptocurrency market is still at its infancy and it’s only going to get bigger. It’s a true gold-rush for the people who want to jump in the ring and become entrepreneurs for social marketers. People like you who want to create a business that embraces this new technology where everything can be bought, sold or exchanged in virtual currency, but don’t know where to start need all the help they can get. But there are so many different kinds of cryptocurrencies out there.
1. Bitcoin –
Bitcoin was the first cryptocurrency ever mined in 2009 by an anonymous person using complex computer network technologies. It is also the most popular, so many people like to call it the father of all cryptocurrencies.
2. Litecoin –
Developed in 2011 as an upgrade of Bitcoin with faster confirmation times, privacy and significantly decreased mining costs, it was easier for more users to mine it at the same time, in addition to the increased speed of confirmation times and transaction fees of other currencies.
3. Ethereum –
Building on Bitcoin’s open-source code, Ethereum’s objective is to use blockchain technology to build a decentralized platform that allows users to develop their own digital applications guided by smart contracts.
4. Dash –
Dash is a hybrid of Bitcoin and Litecoin, with a mining algorithm based on both proof-of-work and proof-of-service. Dash is the first self-funding autonomous organization with the creation of DASH cryptocurrency. Similar to smart contracts, DASH cryptocurrency operates on its own blockchain network, which provides additional features that are not available in other blockchain technologies. Our site list is here.
5. Ripple –
Built for enterprise use, Ripple acts as both a cryptocurrency and a digital payment network for financial transactions. This means that companies can send or receive money in any currency globally and almost instantly at very little cost, making it particularly relevant for money transfers across borders where other services like Western Union are expensive and slow.
6. Zcash –
Zcash is a decentralized and open-source protocol that provides privacy and selective transparency of transactions. Unlike its predecessors, Zcash (ZEC) operates using “shielded transactions” that protect the sender, receiver, and value of each transfer.
7. Monero –
Monero was released in April 2014 with the aim of providing total anonymity. It is based on CryptoNote which was created by Nicolas van Saberhagen in 2008. To achieve this, Monero has a democratic Proof-of-Work algorithm that awards every participant of the network with a certain number of coins as a reward for their work in validation and obfuscation.
8. Stratis –
Stratis was born on the blockchain maker Ethereum and it is an open source platform for seo link building of Smart-Contracts, dApps, and ICOs. It also provides a private blockchain platform with C# as its programming language.
9. Zcash (ZEC)-
Zcash can be thought of as Bitcoin’s evil twin. Zcash provides transparent transactions which are shielded to ensure privacy, while keeping the same transfer speed and cost as Bitcoin would traditionally provide. The major difference is that Zcash uses a different proof-of-work algorithm than Bitcoin known as Equihash.
10. BitConnect-
BitConnect is a decentralized open source cryptocurrency that allows instant transactions to anyone located anywhere in the world, facilitating borderless transfer of value. BitConnect is a self-sustainable platform, meaning it can go on as long as there is interest from the BitConnect community to continue development.
11. Stratis (STRAT) –
Stratis is an end to end blockchain development, testing and deployment solution for C# and Net developers. It simplifies complex development lifecycles and enables rapid deployment of blockchain applications across multiple platforms.
12. Cred –
Cred is a decentralized banking platform that allows you to make payments and send money using the cryptocurrency of your choice. Cred has a built-in currency exchange and real-time price feeds from all major exchanges making it easy for users to leverage their crypto currencies for daily spending.
13. Stellar (XLM):
Sterling was launched by Ripple in 2014 as an open source protocol for global settlement. At its core is the Stellar Decentralized Exchange (SDEX) which facilitates instant token transfers between currencies, allows for low-cost trustless trading through participation in the Stellar Consensus Ledger, and offers low-cost international payments.
14. NEM (XEM):
NEM is a blockchain platform launched in March 2015 by Japan’s first blockchain company, NTT Data Corporation. The company was established to develop blockchain applications for the financial services industry. NEM has three different types of coins: XEM, which are the native currency for exchange across the NEM network; Mijin, a private blockchain developed by the company’s employees; and ARK, an ERC-20 token that is going to be created by popular community members on the NEM platform.
15. NEO (NEO):
NEO is a new smart contract and decentralized application platform inspired by Ethereum and other public blockchain technologies. It has a number of unique features, including a multi-tier architecture that provides scaling for high-throughput applications, a two-tier consensus mechanism that allows for better use of dBFT consensus system and near instant finality with the DPoS mechanism.
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