cryptocurrency

[hopeAo]

what are the different types of cryptocurrencies?

what are the major differeces?

[1714965992]

1714965992

[tagaylo360]

Do you mean other cryptocurrencies besides Bitcoin? Well, here are a few of the most important ones:

1) Litecoin (LTC)
2) Ethereum (ETH)
3) Zcash (ZEC)
4) Dash
5) Ripple (XRP)
6) Monero (XMR)

This websites provides you more information about each of them: https://www.investopedia.com/tech/6-most-important-cryptocurrencies-other-bitcoin/

[Colorblind]

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). 

[hopeAo]

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

[Colorblind]

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

[omark123]

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???

[Aishiteru]

Thank you very much for that information

[alerdenisov]

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 words

Code:

Name            | 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

[Clos Belmont ICO]

https://cointelegraph.com/news/top-10-altcoins-all-you-wanted-to-know-about-bitcoins-contenders
https://en.bitcoin.it/wiki/Comparison_of_cryptocurrencies

Maybe here you can find some useful information

[pratik009]

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.

[saycryptohello]

If we are talking about anonymity, have a look this one https://coincodex.com/article/66/top-5-cryptocurrencies-for-anonymity/

[hopeAo]

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 words

Code:

Name            | 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

[Aurora Castro]

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

[Kryptcoin]

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.

[hugeblack]

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)

[charcoin]

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.

[Stedsm]

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.

[motoprose]

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.io

They are cleaner and also list just as many coins on there.
2,551 crypto currency listings as of this post.

[Anti-Cen]

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

[MoizAhmed]

Every coin has their own programming and expertise, it depends on you at which you invest.