An introduction to 6 top Cryptocurrency

Cryptocurrency is a form of payment that can be exchanged online for goods and services, with technology called blockchain. Blockchain is a decentralized technology which is spread across many computers that manages and records transactions from all the investors.There are so many different types Of Cryptocurrencies and their importance, but today I will discuss the top 6 highest cryptocurrency in detail and their importance.

Bitcoin

As you know that Bitcoin is the oldest and most popular cryptocurrency in all over the world, it's invented in 2008 by an unknown person or group of people they were using Satoshi Nakamoto at that time.For the process of mining they created Bitcoin as a reward.For latest price use Wikipedia




Litecoin

In those days everyone is familiar with the world of cryptocurrencies and blockchains, there is no doubt that you are also familiar with Litecoin. Because it became one of the top cryptos after its launch in 2011 as a peer-to-peer cryptocurrency.Litecoin is a peer-to-peer cryptocurrency and open-source software project released under the MIT/X11 license. It's to inform you that in technical details, Litecoin is nearly identical to Bitcoin.
Actually LTC  is a type of virtual currency brought to us by the internet, very powerful computers .



Cardano 

Cardano is one of the top cryptocurrency on the market in those days 2021.Although it was founded in 2015 by Ethereum co- founder Charles Hoskinson. And now it is a public Blockchain platform. Cardano (ADA) has attracted a wide range of investors, it can facilitate peer- to-peer transaction with the help of its internal cryptocurrency. Cardano due to its large market gains as well as its energy-efficient process, seen as far more eco-friendly than the likes of Bitcoin.

Ethereum

Ethereum is a type of cryptocurrency which facilitate smart contracts with the help of Blockchain technology. A smart contract is simply a program that runs on the Ethereum.

Dogecoin

Dogecoin is a dog themed cryptocurrency ,as you can see the face of the Shiba Inu dog on the coin, from the Dogo meme. Dogecoin is very small portion of cent, cryptocurrency created by software engineers Billy Markus in December 6,2013 and Jackson Palmer, they decided to create a payment system as a joke, making fun  in cryptocurrencies at the time. Despite its satirical nature, some consider it a legitimate investment prospect. 



Binance coin (BNB)

CZ ,Changpeng Zhao is the founder and also known as the CEO of Binance which is the largest cryptocurrency in the world. This coin runs on the Ethereum Blockchain. It's one of the safe cryptocurrency with two factor authentication (2FA) and also offline storage facilities to protect users wallet. Binance coin is also supported by the VISA debit card of Monaco, pioneering payments and from mobile app.







Cryptocurrency details

1 Comments

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