Kinds of Cryptocurrency – VI

Kinds of Cryptocurrency – VI 11.NEO NEO is the first decentralized and opensource cryptocurrency in China, which was founded by Da Hongfei. Neo is a cryptocurrency and blockchain platform at the same time, it was launched in 2014 as ‘Antshares’ and debranbed last June 2017 as ‘NEO’. Neo can support 10,000 transactions per second – using the Byzantine Fault Tolerance (Dbft) consensus mechanism. 12.TRON This cryptocurrency was first introduce in September 9, 2017, and was…

"Kinds of Cryptocurrency – VI"

Kinds of Cryptocurrency – V

Kinds of Cryptocurrency – V 8.Zcash Zcashis launched by Roger Ver, Barry Seibert, and the Pantera Capital in October 28 2016.Zcash is a decentralized and open-source cryptocurrency, it uses a special secured network called ‘zk-snark’. This special feature allows the network to maintain and secure the ledger without disclosing the amounts in every transaction. 9.Stellar Jed McCaleb the co-founder of Ripple is the founder of this Stellar Cryptocurrency, which is also a payment technology. Stellar…

"Kinds of Cryptocurrency – V"

Kinds of Cryptocurrency – IV

Kinds of Cryptocurrency – IV 6.Monero Monero is a cryptocurrency that has the most anonymity when it come to their transactions made. It is a secure and untraceable currency system that uses special kind of cryptography for a 100% unlikeable transaction. The Monero receives high-level of popularity due to its privacy oriented features after it was launched in 2014. The mining process used by Monero is based on Egalitarian concept. 7.IOTA The cryptocurrency IOTA is…

"Kinds of Cryptocurrency – IV"

Kinds of Cryptocurrency – III

Kinds of Cryptocurrency – III 4. Ripple What is Ripple? Is Ripple same as Bitcoin? Well, it’s a big NO. Ripple is a currency exchange and remittance network that uses a common ledger managed by a network and is validated by independent servers. The Ripple Labs, a global money transaction firm which is former OpenCoin, was co-founded by CEO Chris Larsen and CTO Jed McCaleb who is well-grounded in digital currency. Jed McCaleb is currently…

"Kinds of Cryptocurrency – III"

Kinds of Cryptocurrency – II

Kinds of Cryptocurrency – II 2.Ethereum In 2011 a programmer named Vitalik Buterin from Toronto first grew interest on Bitcoin. Buterin, 19-year-old at that time have co- dounded the online news website Bitcoin Magazine, and wrote hundreds of articles about cryptocurrency world. In the year 2013 Buterin have released the white paper. Which describes an alternative platform designed for any decentralized application a developer wants to build. The system was then called Ethereum, just like…

"Kinds of Cryptocurrency – II"