There is only one cryptocurrency I’m aware of today, bringing some really cool technology into the space: DIVI.

Cryptocurrency is better than FIAT in several ways:

-Speed: Cryptocurrencies offer much faster speeds than, say, a wire transfer. These days, many cryptocurrencies offer instant or near instant transactions, which are far superior to 24–48 hours it can usually take with fiat. I have seen other posters mention that faster isn’t necessarily better, if you sent to the wrong address. New cryptocurrencies, such as Divi, allow users to associate each wallet’s public key with a unique name of their choice, which can be used by others to send funds or connect with them, instead of the long strings of random characters that are a wallet’s “public key” and are considered a big barrier of entry to the world of cryptocurrencies today. There will also be pin-code confirmation features, and other features to make it more secure and friendly.

-No middleman and completely trustless and decentralized. You don’t need to trust the bank to execute it correctly or at all(many errors do happen), it is entirely peer to peer.

-Can be used everywhere, by anyone, anytime…even if you don’t have a bank account or are sending to someone who doesn’t have a bank account.

-More secure, especially due to the decentralized/trustless factor. Digital ledger technology is virtually impregnable by attackers. The system is so complex that the attacker has to perform multiple attacks on multiple devices at once.

-Much lower fees than fiat. Nearly free, basically.

Really those are just a few of the main reasons, but overall cryptocurrencies are far superior in speed, cost and security than any fiat currency.

What else sets DIVI apart? Divi has a stated goal of mass adoption and the founders claim they want to make cryptocurrency as easy to use as paypal. Divi was created in order to address a number of the perceived barriers to mass adoption by the general public; Among those are speed, scalability and ease of use. Among the advisors of the team are Former CSO of Yahoo! Tim Sanders, and technologist Ramez Naam.

Divi utilizes a proof of stake protocol. The proof-of-stake system was designed to address vulnerabilities that could occur in a pure proof-of-work system. It was also developed to address the high energy consumption of bitcoin. The network is maintained and secured by masternodes. The masternode software is really just a different version of mining, with far less power consumption. it only requires the energy to run the client software on a computer, as opposed to running resource-intensive cryptographic hashing functions. The masternode communicates with other nodes in the network and keeps a copy of the blockchain, constantly checking and updating it. In return, masternode owners get rewarded with newly minted coins.

DIVI has many innovations, among them:

The first cryptocurrency using a 5 tiered masternode system. By doing so it claims to create a more decentralized system, since the entry cost is lowered and the lower tier masternodes are more affordable.

Divi advertises itself as the first cryptocurrency to implement the lottery blocks reward system. With this system, every week 11 winners will be randomly selected to be rewarded with extra coins.

-Each wallet can have various “Pockets”. For example, a user may have a public wallet that shows very little, or no cash inside, and then “dark send” it to an anonymous pocket. DIVI will also have an Oraclet feature.

-Scheduled payments - send money later, or on a specific date

-“One Click” Masternode Setup: Divi developed easier to use masternodes that don't require experts to install

-Divi claims to be the world’s first democratic blockchain. Because of the easy one-click masternode install, anyone can participate.