100 cryptocurrencies in a short explanation

in #bitcoin7 years ago

Crypto moneys are become more and more popular. We invest or trade to increase our Bankroll.

I see lots of people who has no idea about background of cryptocurrency which they invest. I think it is very vital to know their mindset.

NameSym.Description
BitcoinBTCDigital gold
EthereumETHProgrammable contracts and money
Bitcoin CashBCHBitcoin clone
RippleXRPEnterprise payment settlement network
LitecoinLTCFaster Bitcoin
DashDASHPrivacy-focused Bitcoin clone
NEONEOChinese-market Ethereum
NEMXEMBatteries-included digital assets
MoneroXMRPrivate digital cash
Ethereum ClassicETCEthereum clone
IOTAMIOTAInternet-of-things payments
QtumQTUMEthereum contracts on Bitcoin
OmiseGOOMGBanking, remittance, and exchange
ZcashZECPrivate digital cash
BitConnectBCCMadoff-like investment fund
LiskLSKDecentralized applications in JavaScript
CardanoADALayered currency and contracts
TetherUSDTPrice = 1 USD
Stellar LumensXLMDigital IOUs
EOSEOSDecentralized applications on WebAssembly
HshareHSRBlockchain switchboard
WavesWAVESDecentralized exchange and crowdfunding
StratisSTRATDecentralized applications in C#
KomodoKMDDecentralized ICOs
ArkARKBlockchain switchboard
ElectroneumETNMonero clone
BytecoinBCNPrivacy-focused cryptocurrency
SteemSTEEMReddit with money voting
ArdorARDRBlockchain for spawning blockchains
Binance CoinBNBPay Binance exchange fees
AugurREPDecentralized prediction market
PopulousPPTInvoice trading futures
DecredDCRBitcoin with alternative governance
TenXPAYCryptocurrency credit card
MaidSafeCoinMAIDRent disk space
BitcoinDarkBTCDZcoin close
BitSharesBTSDecentralized exchange
GolemGNTRent other people's computers
PIVXPIVXInflationary Dash clone
GasGASPay fees on Neo
TRONTRXIn-app-purchases
VertcoinVTCBitcoin clone
MonaCoinMONAJapanese Dogecoin
FactomFCTDecentralized record keeping
Basic AttentionBATDecentralized ad network
SALTSALTCryptocurrency-backed loans
Kyber NetworkKNCDecentralized exchange
DogecoinDOGESerious meme bitcoin clone
DigixDAODGDOrganisation manages tokenized gold
VeritaseumVERIVaporware
WaltonWTCIoT Blockchain
SingularDTVSNGLSDecentralized Netflix
BytomBTMPhysical assets as tokens
Byteball BytesGBYTEDecentralized database and currency
GameCreditsGAMEVideo game currency
Metaverse ETPETPChinese Ethereum plus identity
GXSharesGXSDecentralized Chinese Equifax
SyscoinSYSDecentralized marketplace
SiacoinSCRent disk space
StatusSNTDecentralized application browser
0xZRXDecentralized exchange
VergeXVGPrivacy Dogecoin
LykkeLKKDigital asset exchange
CivicCVCIdentity and Authentication App
BlocknetBLOCKDecentralized exchange
MetalMTLPayments with rewards program
IconomiICNDigital asset investment funds
AeternityAEDecentralized apps (prototype)
DigiByteDGBFaster Bitcoin
BancorBNTToken Index Funds
Ripio CreditRCNCo-signed Cryptocurrency Loans
ATMChainATMAdvertising network
GnosisGNODecentralized prediction market
VeChainVENSupply chain item IDs
PuraPURACryptocurrency
ParticlPARTPrivacy marketplace and chat
KuCoin SharesKCSProfit-sharing exchange fees
BitquenceBQXMint for cryptocurrency investments
FunFairFUNDecentralized casino
ChainLinkLINKExternal data for contracts
Power LedgerPOWRAirbnb for electricity
NxtNXTCryptocurrency and marketplace
MonacoMCOCryptocurrency credit card
CryptonexCNXZerocoin clone
MCAPMCAPMining investment fund
StorjSTORJRent disk space
ZenCashZENPrivacy-focused Bitcoin clone
NexusNXSBitcoin clone
NeblioNEBLDecentralized application platform
ZeusshieldZSCDecentralized insurance
Streamr DATAcoinDATAReal-time data marketplace
ZCoinXZCPrivate digital cash
NAV CoinNAVBitcoin with private transactions
AdExADXAdvertising exchange
Open TradingOTNDecentralized exchange
SmartCashSMARTZcoin clone with rewards
BitdealBDLBitcoin clone
LoopringLRCDecentralized exchange
EdgelessEDGDecentralized casino
FairCoinFAIRBitcoin that rewards savers
Sort:  

Some people only buy BTC. While this might give the best profit right now, I always spread my risk over about 30 cryptos. You never know what's going to happen to one coin, even if it's BTC.

Excellent quick analysis

*Bitcoin cash: faster bitcoin clone that in theory can be used at a corner store for quick payment. Bitcoin is not great for this.. Slow and fees.
*Ethereum classic: years ago, someone stole a bunch of old ether tokens by finding a backdoor in. Ethereum rewound to right before the block that resulted in the heist and negated the heist. and it never happened. Ethereum classic hard forked and kept the old chain, so the heist did happen and the thief still has lots of stolen tokens. Also, ether classic now has implemented a supply cap, meaning its tokens won't dilute over time like ethereum which has endless supply.

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XBY: Crypto 3.0 . thank me later