Connect with us
X
Categories:

Technology

A List Of Cryptocurrencies You Should Know About

Published

on

List Of Cryptocurrencies You Should Know About
Share this post:

There’s a lot of hype about cryptocurrencies, but it can be hard to keep track of all the new ones that pop up. So to help you figure out which ones are worth your time and money, here’s a list of six BTC mining that you should know more about:

1. Ethereum

Ethereum is a public, innovative contract-enabled blockchain-based distributed computing platform. 

Vitalik Buterin, a researcher and programmer, proposed Ethereum in late 2013. He noticed blockchain technology’s potential to construct sophisticated decentralized applications (DApps) beyond Bitcoin. It uses a smart contract procedure to makes the process of transaction much easier. 

2. Ripple

Payment network Ripple. It’s an RTGS, currency exchange, and remittance network. The Ripple platform allows people and businesses to break free from banking institutions by leveraging blockchain technology to transmit money globally without friction. 

3. Digibyte

Digibyte (DGB) is a decentralized cryptocurrency that can be used to make fast and secure payments online. The Digibyte network runs on top of a blockchain-based public ledger that allows users to make transactions in a faster and more hassle-free manner. 

The coin was initially launched as a fork of Bitcoin but later developed into its cryptocurrency. It utilizes five different algorithms for mining purposes and has a maximum supply of 21 billion coins.

4. Dash

Dash debuted in 2014. Digital currency DASH focuses on the payments business.

Dash uses three consensus algorithms (PoW, PoS, and X11) to accomplish fast transaction confirmations. The network has developed swiftly since its debut, tripling in value, and becoming one of the most popular cryptocurrencies.

5. Tether

  • Tether is a fiat-backed cryptocurrency. To do this, Tether’s inventors backed each unit with a dollar.
  • The Tether should always be worth 1 USD (minus fees). This gives traders a stable alternative to Bitcoin and other cryptocurrencies.
  • Some people, of late have commented that securitywise, Tether is not much reliable, as it might use a short-term pattern of dealing with unsecure debt. 

6. XRP

Ripple designed XRP to provide rapid, practically free international payments. It’s a blockchain-based cryptocurrency that may be used alone or with others. It was initially known as Ripple, and it is one of the most popular coins for doing real-time transactions. 

  • This cryptocurrency enables fast, efficient transactions between banks, corporations, and individuals worldwide. It helps financial institutions make cross-border payments, reducing transaction costs.
  • XRP solves various difficulties facing traditional payment networks, including:
  • XRP employs strong encryption to generate its consensus ledger (the blockchain), making it safer than any other cryptocurrency.
  • XRP transfers take about four seconds, compared to Bitcoin’s 10 minutes or even hours.

7. Mode

Mode is a cryptocurrency designed to be used in the fashion industry. It’s a decentralized platform for the fashion industry built on the Ethereum blockchain and has a supply of 100 million Mode tokens.

8. Qtum

Qtum mixes Bitcoin and Ethereum. It’s a smart contracts platform that allows developers to construct decentralized apps.

Qtum’s proof of stake method doesn’t require mining hardware or electricity. Qtum relies on “stakers” who store cryptocurrency in blockchain-connected wallets. 

9. Binance

  • Binance lets you swap digital money for other cryptocurrencies. Bitcoin, Ethereum, Litecoin, and Ripple are popular cryptocurrencies (XRP).
  • Binance surpassed Bittrex and Upbit in volume in November 2018. It’s second in daily trade volume behind OKEx.

10. DOGE (Dogecoin)

Dogecoin is a cryptocurrency that was introduced to the world in December 2013. Programmer Billy Markus created it, and it was based on the Doge meme. Dogecoin has been praised for its friendly community, which has helped make it one of the most successful altcoins.

The cryptocurrency uses the Scrypt encryption algorithm just like Litecoin does. Still, it also has its blockchain technology, making transactions faster and more efficient than other cryptos such as Bitcoin or Ethereum that use SHA2-256 or Ethash algorithms.

Conclusion

You can do a detailed market research before you go for starting with Bitcoin or any other form of crypto. They can be used for different purposes and have distinct advantages. In case, you want to know more about trading and other new cryptocurrencies and details about them, you can choose to trade at apps like profit maximizer app that will give all the insights of crypto trading, and allow you to trade safely. It’s essential to understand what crypto trading is all about before making any decisions.


Get More Stories Like This On: Facebook: @AllNaijaEntertainment, Twitter: @AllNaijaEntertainment
Benefits of Partnering with a Managed Security Service Provider
Technology2 months ago

Benefits of Partnering with a Managed Security Service Provider

Diya Can't Have Enough G-Wills
Music3 months ago

[Music] Diya – “Can’t Have Enough” Feat G-Wills

Email Newsletter Marketing Online Website
Technology3 months ago

The Vital Role of Email Fraud Detection Software

Roisea: Most Advanced Crypto Trading Platform for Bitcoin
Business3 months ago

The Role of Regulation in Crypto Investment: Navigating Legal Frameworks

Volatility in Commodities and How to Deal with It
Business4 months ago

Volatility in Commodities and How to Deal with It

Expanding Living Space
Lifestyle5 months ago

Expanding Living Space: Prefabricated Workshop Building Kits for Extra Rooms

BeBe Winans
Lyrics6 months ago

BeBe Winans – It All Comes Down to Love [Lyrics]

BeBe Winans
Music6 months ago

[Music] BeBe Winans – It All Comes Down to Love

The Countdown Begins to the Tournament That Has It All
ANE Football Analytical6 months ago

AFCON 2023: A Sporting Spectacle Set to Captivate the World

Litecoin: What Makes It The Crypto Winner?
Technology7 months ago

Runny Inflation Can Drive Cryptocurrency Adoption

Black and White French Bulldog puppies Frenchie Joy
Lifestyle8 months ago

Black and White French Bulldog puppies Frenchie Joy

3 Serious Reasons to Keep Your Teenager Away From Social Media
Lifestyle8 months ago

3 Serious Reasons to Keep Your Teenager Away From Social Media

Boxing vs MMA What Makes Them So Different
Sports8 months ago

Boxing vs MMA: What Makes Them So Different

Roisea: Most Advanced Crypto Trading Platform for Bitcoin
Technology8 months ago

NFTs and Intellectual Property Rights: Shaping Creative Ownership

The Birth of a Rugby Nation South Africas Love Affair with the Sport
Sports1 year ago

The Birth of a Rugby Nation: South Africa’s Love Affair with the Sport

A Beginner's Guide to Radicle (RAD): The Future of Peer-to-Peer Development
Technology1 year ago

A Beginner’s Guide to Radicle (RAD): The Future of Peer-to-Peer Development

Analysis of Nigeria's Renewable Energy Sector: Opportunities and Challenges
Technology1 year ago

Analysis of Nigeria’s Renewable Energy Sector: Opportunities and Challenges

Casino Gaming Poker
Sports1 year ago

What Are The Various Types Of Online Slots?

Luka Modric celebrates after scoring Real Madrid's second goal against Celta Vigo.
Sports1 year ago

Luka Modric set to join Ronaldo in Saudi Arabia’s Al Nassr

WHO World Health Organization
Health1 year ago

WHO debunks claims that tuberculosis is caused by witchcraft, poison

Atiku Abubakar
News1 year ago

2023 Election: Why DSS must arrest Fani-Kayode – Atiku

PDP Logo Umbrella
News1 year ago

PDP suspends National Chairman

The Pastor Daughter Story by Miriam Edem _ ANE Story
ANE Stories1 year ago

[STORY] THE PASTOR’S DAUGHTER (Final Episode 13)

The Pastor Daughter Story by Miriam Edem _ ANE Story
ANE Stories1 year ago

[STORY] THE PASTOR’S DAUGHTER (Episode 12)

The Pastor Daughter Story by Miriam Edem _ ANE Story
ANE Stories1 year ago

[STORY] THE PASTOR’S DAUGHTER (Episode 11)

The Pastor Daughter Story by Miriam Edem _ ANE Story
ANE Stories1 year ago

[STORY] THE PASTOR’S DAUGHTER (Episode 10)

The Pastor Daughter Story by Miriam Edem _ ANE Story
ANE Stories1 year ago

[STORY] THE PASTOR’S DAUGHTER (Episode 09)

The Pastor Daughter Story by Miriam Edem _ ANE Story
ANE Stories1 year ago

[STORY] THE PASTOR’S DAUGHTER (Episode 08)

The Pastor Daughter Story by Miriam Edem _ ANE Story
ANE Stories1 year ago

[STORY] THE PASTOR’S DAUGHTER (Episode 07)

The Pastor Daughter Story by Miriam Edem _ ANE Story
ANE Stories1 year ago

[STORY] THE PASTOR’S DAUGHTER (Episode 06)

The Pastor Daughter Story by Miriam Edem _ ANE Story
ANE Stories1 year ago

[STORY] THE PASTOR’S DAUGHTER (Episode 05)

The Pastor Daughter Story by Miriam Edem _ ANE Story
ANE Stories1 year ago

[STORY] THE PASTOR’S DAUGHTER (Episode 04)

The Pastor Daughter Story by Miriam Edem _ ANE Story
ANE Stories1 year ago

[STORY] THE PASTOR’S DAUGHTER (Episode 03)

The Pastor Daughter Story by Miriam Edem _ ANE Story
ANE Stories1 year ago

[STORY] THE PASTOR’S DAUGHTER (Episode 02)

The Pastor Daughter Story by Miriam Edem _ ANE Story
ANE Stories1 year ago

[STORY] THE PASTOR’S DAUGHTER (Episode 01)

The Pastor Daughter Story by Miriam Edem _ ANE Story
ANE Stories1 year ago

[STORY] THE PASTOR’S DAUGHTER (Complete Episodes)

Papa Loves His Girls by Opeyemi Ojerinde Akintunde_ANE Stories
ANE Stories1 year ago

[STORY] PAPA LOVES HIS GIRLS (Episode 16)

Papa Loves His Girls by Opeyemi Ojerinde Akintunde_ANE Stories
ANE Stories1 year ago

[STORY] PAPA LOVES HIS GIRLS (Episode 15)

Papa Loves His Girls by Opeyemi Ojerinde Akintunde_ANE Stories
ANE Stories1 year ago

[STORY] PAPA LOVES HIS GIRLS (Episode 14)

Papa Loves His Girls by Opeyemi Ojerinde Akintunde_ANE Stories
ANE Stories1 year ago

[STORY] PAPA LOVES HIS GIRLS (Episode 13)

ANE Billboard Hots