The most popular cryptocurrencies

The most popular cryptocurrencies

The topic of cryptocurrency arouses hot emotions and arouses media interest. In just 14 years, many times more cryptocurrencies have been created than traditional monetary units with a long history. Theoretically, anyone can create their own cryptocurrency. In practice, many new projects are being created, but many of them fail. Which of them are currently the most recognizable?

Bitcoin

The success of bitcoin has generated a lot of interest in the topic of virtual currencies. The currency debuted in 2009. It is the most recognizable cryptocurrency and at the same time synonymous with the entire market. It was created on the basis of blockchain technology, that is, a distributed database. Although many new ones have been created since then, bitcoin remains the leader of the entire market. It is not yet known who its creator is. It is widely believed that this is Satoshi Nakamoto. But who is behind this pseudonym: one person or a group of people? There are also versions that Nakamoto is no longer alive.

Ethereum

The origins of this cryptocurrency date back to the middle of 2015. Like Bitcoin, it uses blockchain technology. Ether differs from bitcoin in that, in addition to sending the cryptocurrency itself, it also allows you to create so-called smart contracts, that is, algorithms programmed to perform certain actions. Ethereum can also facilitate investment or crowdfunding through its ERC-20 protocol.

Ripple

Ripple is rather not a cryptocurrency, but rather a cryptocurrency platform, or even a cryptographic payment system. All the coins were created by Ripple, and he is its sole distributor. In addition, Ripple strives to cooperate with banks and financial institutions.

Litecoin

This is a good, "traditional" cryptocurrency based on the bitcoin blockchain with some improvements. Litecoin was supposed to be "digital silver" (in relation to bitcoin, "digital gold") and has become, in fact, cheaper, more efficient and more transparent.

Dash

Secure and anonymous Dash differs in that it always takes 1 000 DASH to generate a private transfer key to activate a transaction. The key guarantees complete security and always remains under the control of the owner.

BAT (Basic Attention Token)

A revolutionary and promising currency with its own Brave browser, which allows you to reward the owner of an Internet resource (including Twitter or YouTube account holders) and receive payment for their publications accordingly.

Tron

The Tron decentralized platform with its own token allows developers to launch decentralized applications (DApps) using a shared blockchain.

Binance Coin

The most popular cryptocurrency exchange in the world has introduced its own token, which helps to exchange cryptocurrencies at a significant discount.