Friends, a bill was to be passed in the winter session of Parliament, and as soon as the news about crypto currency started coming around, then a question must have come in your mind that what is this cryptocurrency? If it is a currency then why have you not seen it till date and if it is a digital currency then what is a digital currency. Many such questions must have come in your mind, then do not worry, in today’s post we are going to answer all these questions of yours.
What are Cryptocurrencies?
Crypto is a digital currency, it does not have to depend on banks for transactions, it is a peer to peer system that enables anyone to send and receive payments anywhere.
We cannot touch or see crypto currency, we can only transact it through the Internet.
It is not operated by any country, bank or institution. That is why it is known as unregulated market which can make anyone rich in a moment and poor in an instant. in spite of that crypto currency growing in popularity
Top 5 Cryptocurrencies
world’s first crypto currency Bitcoin Which was created by Satoshi Nakamoto in 2009. In the initial period, bitcoin dominated the market, but gradually the market grew and thousands of digital currency (crypto currency) started coming into practice. The major cryptocurrencies of the world are as follows-
Bitcoin The world’s first, most expensive and most famous cryptocurrency, it was created by Satoshi Nakamoto in 2009.
2/5 Ethereum (Ethereum)
Second most popular cryptocurrency after bitcoin ethereum Which was created in 2015, although now it has been divided into two parts. Ethereum(ETM) and Etheriem classic (ETC)
3/5 Litecoin (LTC)
Let Co In was launched in 2011 litecoinIt was one of the first cryptocurrencies to follow in the footsteps of Bitcoin and is also called “Silver to Bitcoin Gold”. It was created by Charles Lee (former Google engineer).
4/5 Ripple (XRP)
at number four Wave It was developed in 2015 and so far it is considered a very secure utility coin and it has also got the support of many banks in the beginning. .
5/5 Cardano (ADA)
cardano coin is known as ADA and is launched by the Cardano blockchain. It is also most commonly used on the Cardano blockchain. Cardano is considered better than Ethereum.
Friends, we have written this post very carefully on CryptoKitties, if still we have made any mistake, then you can tell us by writing it in the comment, we will rectify it immediately.