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Bitcoin (BTC)

Bitcoin is digital gold, and currently the world’s most popular cryptocurrency. Over the past year, public companies like Tesla and MicroStrategy have fueled an incredible surge in BTC’s price by adding thousands of the token to their balance sheets. While its highs didn’t last long, the asset has already proved valuable to investors and large corporations alike.

Ethereum (ETH)

Ether (ETH), the cryptocurrency of the Ethereum network, is arguably the second most popular digital token after bitcoin (BTC)

Litecoin (LTC)

Litecoin is a peer-to-peer cryptocurrency and open-source software project released under the MIT/X11 license. Litecoin was an early bitcoin spinoff or altcoin, starting in October 2011.

What is Cryptocurrency?

Firstly, we need to know that there different types of cryptocurrencies. The main thing they all does : they operate on blockchain technology, making them decentralized.

What is decentralizing?

This is the process when it cuts out almost all the overhead costs associated with banks, less expensive transactions that can be sent and received internationally, inflation or finite supply that’s written into code — no need to trust the Federal Reserve, financial derivatives like trading strategies and loans can be coded directly onto certain cryptocurrency blockchains, replacing the need for financial intermediaries.

What is the largest cryptocurrency?

The largest cryptocurrency is Bitcoin and it’s used as a “digital gold.” Essentially, Bitcoin is a commodity used as a store of value. Ethereum is the 2nd-largest cryptocurrency with a market cap of 0 billion. Developers can develop smart contracts on Ethereum’s blockchain to create decentralized alternatives to traditional banking functions, like lending and trading.

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