Details of crypto currency
Crypto Currency is a digital asset or digital currency designed to work as a medium of exchange for our day-to-day online transactions.
There are many crypto currencies that has been created lots more are yet to be created soon.
Below are some lists of crypto currencies, the year of creation and the symbols
Bitcoin - 2009---BTC
Litecoin- 2011---LTC
Namecoin- 2011---NMC
Ripple - 2013 ---XRP
Dash - 2014 --DASH
Ethereum- 2015----ETH
Bitconeect - 2017----BCC
Bitconnect cash ---BCH
By the market capitalization, Bitcoin is currently (19/8/2017) the largest blockchain network, followed by Ethereum Bitcoin cash, Ripple and Litecoin.
Bitcoin is the first decentralized ledger currency and cryptocurrency with the most famous, popular, notable and highest market capitalization. Founder: Satoshi Nakamoto
Benefits Of Using Crypto Currency
- Ultra secure and inexpensive to secure
- Political neutrality.
- Controlled, capped supply.
- Trustless operation, no need to trust others to hold and perform transactions.
- Permission less, no need to get permission to spend in any way you desired.
- Low transaction fees and fast operation, particularly for largish transfers.
- Better identity control.
- Impossible to counterfeit.
- Perfectly divisible, great for micro-transactions once payment channels are in place.
- very easy and convenient to make payments for online shopping.
Continuation coming soon............
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