The world of digital currency has grown enormously over the past decade. This article focuses on the 12 most popular types of cryptocurrencies that have made waves in the financial industry.
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Bitcoin (BTC): Bitcoin is the original cryptocurrency, powered by a decentralised ledger known as blockchain.
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Ethereum (ETH): Ethereum introduced smart contracts, programming that automatically executes contracts when conditions are met.
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Ripple (XRP): Ripple focuses on providing fast, affordable cross-border payments.
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Litecoin (LTC): Known as ‘silver to Bitcoinâs gold’, it offers faster transaction times and a larger token supply.
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Bitcoin Cash (BCH): A fork of Bitcoin with bigger blocks for more transactions.
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Stellar (XLM): Stellar caters to small transactions with low fees, aiming to aid in affordable remittances.
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EOS (EOS): EOS offers a platform for the development of decentralised apps, vying to be the best home for the future decentralized internet.
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Cardano (ADA): Dubbed as ‘third-generation blockchain’, it aims to improve upon Bitcoin and Ethereum’s perceived flaws.
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TRON (TRX): TRON focuses on decentralizing online content delivery and is popular with artists and content creators.
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Polkadot (DOT): Polkadot helps different blockchains interoperate with one another.
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Uniswap (UNI): Uniswap offers decentralized financial services, including a token swap platform.
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Chainlink (LINK): Chainlink provides a bridge between real-world data and smart contracts on the blockchain.
Remember, the values of these digital assets fluctuate quite significantly. Always do your research before investing. Read More
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