Bitcoin123

Probably the second-biggest name in the cryptocurrency game, Ethereum is an alt-coin founded by the Ethereum Foundation, a Swiss nonprofit organization, in 2014. The mission statement of the Ethereum Foundation is to bring decentralized tools to the world, allowing fo…

Introduction of Litecoin Litecoin has been on the market since October 2011, two years after the release of Bitcoin. It is quite similar to Bitcoin, albeit with some key differences. The maximum amount of Litecoins that can be generated is 84 million, four times the …

Monero is yet another privacy-based cryptocurrency which is completely untraceable. All transactions and accounts are private and cannot be traced to a real-world or online identity. Unlike the previous entries, Monero is not modeled on Bitcoin. Monero claims to be the…

Ripple is a cryptocurrency which has a focus on providing a seamless, quick, and safe way to send money globally. Their website contends that global payments are still in the “disco era,” using ancient infrastructure that has not grown with the times. Their platform,…

Ah Dogecoin, the joke cryptocurrency of Reddit. Its logo is the face of a Shiba Inu dog, which the meme lovers among us will recognize as the the dog from the Doge meme. It is currently used primarily as a tipping service online, mostly for the huge message board web…

Introduction of dash coin Dash is a cryptocurrency with a strong focus on payments. It aims to offer a portable, affordable, and user-friendly form of money that can be spent both online or in person. Transaction fees are kept to a minimum, and all transactions are se…

NEO has at times been called the Chinese Ethereum. The two projects share a lot in common: They have similar capabilities in terms of decentralized apps and smart contracts, and both are open-source and not for profit. NEO, however, is backed by the Chinese government,…

Stellar was created in 2014 as an open-source network which allows payments between financial institutions. It allows for “seamless” transfers between currencies, meaning you can use the Stellar network to send money in US dollars to a friend in Australia, and they a…

Zcash Zcash is a privacy-based cryptocurrency which launched in October 2016. On the surface, Zcash shares a number of similarities with Bitcoin: Both currencies cap at a maximum of 21 million units, not to mention the strong resemblance between their respective sup…

All that is known about the creator of Bitcoin is that he went by the name Satoshi Nakamoto. Like the currency he invented, Satoshi is almost completely anonymous. As it goes, he introduced the currency in 2009 and communicated with the first users by email—never by …

Bitcoin "mines" are where complex algorithms are solved and Bitcoins themselves are generated. The majority of these mines are located in China where they are often hidden facilities that operate outside the law. As a result, the operations have to be highl…