hopeAo (OP)
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December 14, 2017, 12:34:49 AM |
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what are the different types of cryptocurrencies?
what are the major differeces?
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Colorblind
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This text is irrelevant
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December 14, 2017, 09:08:57 AM |
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what are the different types of cryptocurrencies?
what are the major differeces?
All cryptocurrencies utilize same idea of public bookkeeping (also called blockchain). However different blockchains utilizes different algorithms of consensus (mechanism of achieving transaction validation). Also many blockchains implement different features (Ethereum virtual machine in ethereum for example, scrypt mining algorithm in Litecoin etc.). They all serve similar but slightly different purposes (Bitcoin is good for storing value, LiteCoin offers faster transactions, ETH is good for smart contracts, Zcash gives better anonimity of transactions).
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hopeAo (OP)
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December 14, 2017, 09:49:11 AM |
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what are the different types of cryptocurrencies?
what are the major differeces?
All cryptocurrencies utilize same idea of public bookkeeping (also called blockchain). However different blockchains utilizes different algorithms of consensus (mechanism of achieving transaction validation). Also many blockchains implement different features (Ethereum virtual machine in ethereum for example, scrypt mining algorithm in Litecoin etc.). They all serve similar but slightly different purposes (Bitcoin is good for storing value, LiteCoin offers faster transactions, ETH is good for smart contracts, Zcash gives better anonimity of transactions). Thank you
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Colorblind
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This text is irrelevant
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December 14, 2017, 10:25:42 AM |
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what are the different types of cryptocurrencies?
what are the major differeces?
All cryptocurrencies utilize same idea of public bookkeeping (also called blockchain). However different blockchains utilizes different algorithms of consensus (mechanism of achieving transaction validation). Also many blockchains implement different features (Ethereum virtual machine in ethereum for example, scrypt mining algorithm in Litecoin etc.). They all serve similar but slightly different purposes (Bitcoin is good for storing value, LiteCoin offers faster transactions, ETH is good for smart contracts, Zcash gives better anonimity of transactions). Thank you np
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omark123
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December 14, 2017, 12:11:57 PM |
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Hi All,
I need some help and assistance i am new to this and , i ve been trying different websites to get into bitcoin trade but every attempt goes futile as most of these websites really donot provide a service that works, coinbase,bitstamp,coinmama gatehub etc etc, they wont even bother to register . is there a better way to buy crypto than these websites???
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Aishiteru
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December 14, 2017, 12:18:47 PM |
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Thank you very much for that information
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alerdenisov
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December 14, 2017, 02:47:16 PM Merited by ABCbits (1), AGD (1) |
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First of all, I suppose you should differ cryptocurrencies based on protocol behind then. Basically we could to separate protocols by next features: 1) Block validators motivation way based on consensus 2) Transaction and data storing rules One of them give us way to exchange value in a private way (ZCash, Monero, Dash), another provide VM for smart-contracts. Some of them allow anyone to mine cryptocurrency, another require stakes to "forge" coins. I think great way to understand most of them: select some which is most interested for you from list below and we will discuss more about them: Top 100 Cryptocurrencies in few wordsName | Sym. | Description ----------------|-------|------------------------------------------ Bitcoin | BTC | Digital gold Ethereum | ETH | Programmable contracts and money Bitcoin Cash | BCH | Bitcoin clone Ripple | XRP | Enterprise payment settlement network Litecoin | LTC | Faster Bitcoin Dash | DASH | Privacy-focused Bitcoin clone NEO | NEO | Chinese-market Ethereum NEM | XEM | Batteries-included digital assets Monero | XMR | Private digital cash Ethereum Classic| ETC | Ethereum clone IOTA | MIOTA | Internet-of-things payments Qtum | QTUM | Ethereum contracts on Bitcoin OmiseGO | OMG | Banking, remittance, and exchange Zcash | ZEC | Private digital cash BitConnect | BCC | Madoff-like investment fund Lisk | LSK | Decentralized applications in JavaScript Cardano | ADA | Layered currency and contracts Tether | USDT | Price = 1 USD Stellar Lumens | XLM | Digital IOUs EOS | EOS | Decentralized applications on WebAssembly Hshare | HSR | Blockchain switchboard Waves | WAVES | Decentralized exchange and crowdfunding Stratis | STRAT | Decentralized applications in C# Komodo | KMD | Decentralized ICOs Ark | ARK | Blockchain switchboard Electroneum | ETN | Monero clone Bytecoin | BCN | Privacy-focused cryptocurrency Steem | STEEM | Reddit with money voting Ardor | ARDR | Blockchain for spawning blockchains Binance Coin | BNB | Pay Binance exchange fees Augur | REP | Decentralized prediction market Populous | PPT | Invoice trading futures Decred | DCR | Bitcoin with alternative governance TenX | PAY | Cryptocurrency credit card MaidSafeCoin | MAID | Rent disk space BitcoinDark | BTCD | Zcoin close BitShares | BTS | Decentralized exchange Golem | GNT | Rent other people's computers PIVX | PIVX | Inflationary Dash clone Gas | GAS | Pay fees on Neo TRON | TRX | In-app-purchases Vertcoin | VTC | Bitcoin clone MonaCoin | MONA | Japanese Dogecoin Factom | FCT | Decentralized record keeping Basic Attention | BAT | Decentralized ad network SALT | SALT | Cryptocurrency-backed loans Kyber Network | KNC | Decentralized exchange Dogecoin | DOGE | Serious meme bitcoin clone DigixDAO | DGD | Organisation manages tokenized gold Veritaseum | VERI | Vaporware Walton | WTC | IoT Blockchain SingularDTV | SNGLS | Decentralized Netflix Bytom | BTM | Physical assets as tokens Byteball Bytes | GBYTE | Decentralized database and currency GameCredits | GAME | Video game currency Metaverse ETP | ETP | Chinese Ethereum plus identity GXShares | GXS | Decentralized Chinese Equifax Syscoin | SYS | Decentralized marketplace Siacoin | SC | Rent disk space Status | SNT | Decentralized application browser 0x | ZRX | Decentralized exchange Verge | XVG | Privacy Dogecoin Lykke | LKK | Digital asset exchange Civic | CVC | Identity and Authentication App Blocknet | BLOCK | Decentralized exchange Metal | MTL | Payments with rewards program Iconomi | ICN | Digital asset investment funds Aeternity | AE | Decentralized apps (prototype) DigiByte | DGB | Faster Bitcoin Bancor | BNT | Token Index Funds Ripio Credit | RCN | Co-signed Cryptocurrency Loans ATMChain | ATM | Advertising network Gnosis | GNO | Decentralized prediction market VeChain | VEN | Supply chain item IDs Pura | PURA | Cryptocurrency Particl | PART | Privacy marketplace and chat KuCoin Shares | KCS | Profit-sharing exchange fees Bitquence | BQX | Mint for cryptocurrency investments FunFair | FUN | Decentralized casino ChainLink | LINK | External data for contracts Power Ledger | POWR | Airbnb for electricity Nxt | NXT | Cryptocurrency and marketplace Monaco | MCO | Cryptocurrency credit card Cryptonex | CNX | Zerocoin clone MCAP | MCAP | Mining investment fund Storj | STORJ | Rent disk space ZenCash | ZEN | Privacy-focused Bitcoin clone Nexus | NXS | Bitcoin clone Neblio | NEBL | Decentralized application platform Zeusshield | ZSC | Decentralized insurance Streamr DATAcoin| DATA | Real-time data marketplace ZCoin | XZC | Private digital cash NAV Coin | NAV | Bitcoin with private transactions AdEx | ADX | Advertising exchange Open Trading | OTN | Decentralized exchange SmartCash | SMART | Zcoin clone with rewards Bitdeal | BDL | Bitcoin clone Loopring | LRC | Decentralized exchange Edgeless | EDG | Decentralized casino FairCoin | FAIR | Bitcoin that rewards savers
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Clos Belmont ICO
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December 15, 2017, 08:47:11 AM |
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pratik009
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December 15, 2017, 03:20:47 PM |
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There are mnay types of different cryptocurrency into cryptoworld.But the main cryptocurrency is bitcoin and the any other coins are known as the altcoins.There are many types of altcoins like ETH,LTC,BCH,BTG,BCC,XRP etc.you can check all altcoins list at the coinmarketcap.The all cryptocurrency are different from echother beacause they have their own blockchains and own security and own transaction.The price of all cryptocurrency depend on their demands and supply.All cryptocurrency have their own value and it's fluctuate too much.The transaction fees of evry cryptocurrency is different from eachother.As example btc transaction value is too much high than the ETH.
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saycryptohello
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December 17, 2017, 01:07:34 PM |
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hopeAo (OP)
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December 23, 2017, 02:02:45 PM |
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First of all, I suppose you should differ cryptocurrencies based on protocol behind then. Basically we could to separate protocols by next features: 1) Block validators motivation way based on consensus 2) Transaction and data storing rules One of them give us way to exchange value in a private way (ZCash, Monero, Dash), another provide VM for smart-contracts. Some of them allow anyone to mine cryptocurrency, another require stakes to "forge" coins. I think great way to understand most of them: select some which is most interested for you from list below and we will discuss more about them: Top 100 Cryptocurrencies in few wordsName | Sym. | Description ----------------|-------|------------------------------------------ Bitcoin | BTC | Digital gold Ethereum | ETH | Programmable contracts and money Bitcoin Cash | BCH | Bitcoin clone Ripple | XRP | Enterprise payment settlement network Litecoin | LTC | Faster Bitcoin Dash | DASH | Privacy-focused Bitcoin clone NEO | NEO | Chinese-market Ethereum NEM | XEM | Batteries-included digital assets Monero | XMR | Private digital cash Ethereum Classic| ETC | Ethereum clone IOTA | MIOTA | Internet-of-things payments Qtum | QTUM | Ethereum contracts on Bitcoin OmiseGO | OMG | Banking, remittance, and exchange Zcash | ZEC | Private digital cash BitConnect | BCC | Madoff-like investment fund Lisk | LSK | Decentralized applications in JavaScript Cardano | ADA | Layered currency and contracts Tether | USDT | Price = 1 USD Stellar Lumens | XLM | Digital IOUs EOS | EOS | Decentralized applications on WebAssembly Hshare | HSR | Blockchain switchboard Waves | WAVES | Decentralized exchange and crowdfunding Stratis | STRAT | Decentralized applications in C# Komodo | KMD | Decentralized ICOs Ark | ARK | Blockchain switchboard Electroneum | ETN | Monero clone Bytecoin | BCN | Privacy-focused cryptocurrency Steem | STEEM | Reddit with money voting Ardor | ARDR | Blockchain for spawning blockchains Binance Coin | BNB | Pay Binance exchange fees Augur | REP | Decentralized prediction market Populous | PPT | Invoice trading futures Decred | DCR | Bitcoin with alternative governance TenX | PAY | Cryptocurrency credit card MaidSafeCoin | MAID | Rent disk space BitcoinDark | BTCD | Zcoin close BitShares | BTS | Decentralized exchange Golem | GNT | Rent other people's computers PIVX | PIVX | Inflationary Dash clone Gas | GAS | Pay fees on Neo TRON | TRX | In-app-purchases Vertcoin | VTC | Bitcoin clone MonaCoin | MONA | Japanese Dogecoin Factom | FCT | Decentralized record keeping Basic Attention | BAT | Decentralized ad network SALT | SALT | Cryptocurrency-backed loans Kyber Network | KNC | Decentralized exchange Dogecoin | DOGE | Serious meme bitcoin clone DigixDAO | DGD | Organisation manages tokenized gold Veritaseum | VERI | Vaporware Walton | WTC | IoT Blockchain SingularDTV | SNGLS | Decentralized Netflix Bytom | BTM | Physical assets as tokens Byteball Bytes | GBYTE | Decentralized database and currency GameCredits | GAME | Video game currency Metaverse ETP | ETP | Chinese Ethereum plus identity GXShares | GXS | Decentralized Chinese Equifax Syscoin | SYS | Decentralized marketplace Siacoin | SC | Rent disk space Status | SNT | Decentralized application browser 0x | ZRX | Decentralized exchange Verge | XVG | Privacy Dogecoin Lykke | LKK | Digital asset exchange Civic | CVC | Identity and Authentication App Blocknet | BLOCK | Decentralized exchange Metal | MTL | Payments with rewards program Iconomi | ICN | Digital asset investment funds Aeternity | AE | Decentralized apps (prototype) DigiByte | DGB | Faster Bitcoin Bancor | BNT | Token Index Funds Ripio Credit | RCN | Co-signed Cryptocurrency Loans ATMChain | ATM | Advertising network Gnosis | GNO | Decentralized prediction market VeChain | VEN | Supply chain item IDs Pura | PURA | Cryptocurrency Particl | PART | Privacy marketplace and chat KuCoin Shares | KCS | Profit-sharing exchange fees Bitquence | BQX | Mint for cryptocurrency investments FunFair | FUN | Decentralized casino ChainLink | LINK | External data for contracts Power Ledger | POWR | Airbnb for electricity Nxt | NXT | Cryptocurrency and marketplace Monaco | MCO | Cryptocurrency credit card Cryptonex | CNX | Zerocoin clone MCAP | MCAP | Mining investment fund Storj | STORJ | Rent disk space ZenCash | ZEN | Privacy-focused Bitcoin clone Nexus | NXS | Bitcoin clone Neblio | NEBL | Decentralized application platform Zeusshield | ZSC | Decentralized insurance Streamr DATAcoin| DATA | Real-time data marketplace ZCoin | XZC | Private digital cash NAV Coin | NAV | Bitcoin with private transactions AdEx | ADX | Advertising exchange Open Trading | OTN | Decentralized exchange SmartCash | SMART | Zcoin clone with rewards Bitdeal | BDL | Bitcoin clone Loopring | LRC | Decentralized exchange Edgeless | EDG | Decentralized casino FairCoin | FAIR | Bitcoin that rewards savers
I will like you to discuss more on bitcoin, bitcoin cash, litecoin and tron. Thanks
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Aurora Castro
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January 25, 2018, 03:24:42 AM |
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The main cryptocurrencies and their main characteristics are the following: - Etherum: is a crypto that complements bitcoin It is an operating system that allows users to create applications based on virtual currencies that can go beyond their simple financial use. -Litecoin: is a cryptocurrency that allows instant payments and almost zero cost anywhere in the world -Ripple: While other cryptocurrencies avoid banks, Ripple was created for the banking system because it allows them to make faster global payments at a lower cost. -Dash: Although Dash can be used for transactions between consumers, it was intended for daily use, to go shopping. We could think of Dash as a substitute for PayPal. -Zcash: is identified as the first cryptocurrency of "zero knowledge" for its ability to protect the identities of all, both the senders and receivers and even the amount of all transactions that we made in your blockchain. -Monero: Monero is another excellent option for those worried about their privacy. This currency was created to give individual users full control over their money. With Monero, you are your own bank. For more information about these cryptos and their characteristics, I leave this link: https://www.economiasimple.net/tipos-de-criptomonedas.html
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Kryptcoin
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January 25, 2018, 06:56:19 AM |
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what are the different types of cryptocurrencies?
what are the major differeces?
Goto coinmarketcap.com, you'll see a list of the top 1,400+ crypto currencies.
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hugeblack
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January 25, 2018, 09:01:13 AM |
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what are the different types of cryptocurrencies?
what are the major differeces?
Cryptocurrencies is a blockchain protocol using some programming langauge like C++, javascript, ...etc. Most of Cryptocurrencies is a Modified copies of Bitcoin like litecoin (edit in limited number and confirmed time) Bitcoincash . Bitcoin have some problems which solved in altcoins but to be honest we really not need more than 1000 Cryptocurrencies (personally i don't like coins like 1 dollar = 0.0000001 X coin)
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charcoin
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January 25, 2018, 04:42:31 PM |
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what are the different types of cryptocurrencies?
what are the major differeces?
All cryptocurrencies utilize same idea of public bookkeeping (also called blockchain). However different blockchains utilizes different algorithms of consensus (mechanism of achieving transaction validation). Also many blockchains implement different features (Ethereum virtual machine in ethereum for example, scrypt mining algorithm in Litecoin etc.). They all serve similar but slightly different purposes (Bitcoin is good for storing value, LiteCoin offers faster transactions, ETH is good for smart contracts, Zcash gives better anonimity of transactions). very well said. thanks for a good explanation. Only here that I understand their major differences.
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Stedsm
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January 25, 2018, 05:22:36 PM |
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what are the different types of cryptocurrencies?
The list isn't too short as there are more than 1k cryptocurrencies, and many popping up daily in the name of tokens through the ICO type. what are the major differeces?
There are a lot consisting of, but not limited to: - Their algorithm (SHA256, X11, SCRYPT, etc). - Their total supply - Their features (anonymity level, transaction fees, block size, block times, addresses) These cryptocurrencies probably share the same idea, i.e.; getting the job done under decentralization (without anybody's involvement) whether it is related to Agriculture or Accounting or Telecommunication, even Music.
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motoprose
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January 26, 2018, 10:55:19 PM |
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what are the different types of cryptocurrencies?
what are the major differeces?
Goto coinmarketcap.com, you'll see a list of the top 1,400+ crypto currencies. I prefer to use https://coinlib.ioThey are cleaner and also list just as many coins on there. 2,551 crypto currency listings as of this post.
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Anti-Cen
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High fees = low BTC price
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January 26, 2018, 11:33:35 PM |
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They are cleaner and also list just as many coins on there. 2,551 crypto currency listings as of this post.
I wonder how many of them are running on ETH using "Smart Contracts" that are really just bean counters We are ICOed out i think
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Mining is CPU-wars and Intel, AMD like it nearly as much as big oil likes miners wasting electricity. Is this what mankind has come too.
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MoizAhmed
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January 27, 2018, 04:07:11 AM |
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Every coin has their own programming and expertise, it depends on you at which you invest.
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