Hello Steemians, I believe that we all know that the reign of cryptocurrency has been going viral all round the world lately. To me, It is an easier and safer way of financial transaction. It is also the most profitable investment option at the moment. So, anyone who is yet to invest or benefit from crypto is definitely missing out. Not everyone seems to be familiar with the term cryptocurrency or blockchain, So I am going to be defining both terms.
A Cryptocurrency is said to be a digital or virtual asset that works as a medium of exchange. Cryptocurrency uses strong cryptography as a means to secure financial transactions. The cryptography is also used to control the creation of additional units and also verify the transfer of assets. While a Blockchain is a public financial transaction database.
Below are the list of some cryptocurrency industries:-
•Proof of Work Currency (POW): Bitcoin, Litecoin. Dogecoin
•Proof of Stake Currency (POS): Peercoin, Decred, NEM (POI)
•Private Currency: Dash, Monero, Bytecoin, Zcash, ZEN, PIVX, ZClassic
•Private Communication: Mysterium
•Private Market: Particl
•Interbank Settlement: Stellar, Ripple
•Social Media/Attention Economy: Steemit, Akasha, TRON, Golos, Reddcoin, DECENT, Nexus, Incent, ONG Social, Network. Ties
•Smart Contracts: Ethereum/Ethereum Classic/Expense/Rootstock Lisk, Counterparty, Qbit, Aeternity, EOS
•Baas: Stratis, Neo, Factom, NXT/Ardor
•Cloud computation: iExec , Golem
•Prediction Market: Gnosis, Augur
•Decentralized Exchange: OpenANX, Ox, Bitshares, Maker.Market, NVO, Binance
•Cloud Storage: Storj, Maidsafe, Filecoin, SIA
•Media Content: LBRY, SingularDTV
•Knowledgable base: Lunyr
•Managed Funds: Iconomi, Melonport
•P2p Financial Services (Lending,Insurance): WeTrust TRST
•Gaming/betting Platform:** Firstblood, Peerplays, Gamecredits, Round, MobileGo, Wagerr, Edgeless
•Stable Coins: Tether, DigixDAO, Xaurum, MKR-DAI,
•Advertising: Adchain, BAT, AdEx
•Healthcare: Patientory
•Marijuana Industry: Hempcoin, cannabis, Dooecoon, Potcoin
•Human Resource: Chronobank
•Crowdfunding: Wings, Starbase
•Event ticketing: Aventus, Eventchain
•E-book publising: Authorship
•Internet of things: IOTA, WTC
•Renewable Energy: Powerledger, Solarcoin
The aforementioned industries are some of the industries assiociated with cryotocurrency. As a crypto trader or crypto user, we need to know that to monitor the value of crypto, we need to use thos website Here . In this website, we can find over a thousand cryptocurrencies each of them having their different applications. On that list, Bitcoin is the leader, as it was the first decentralized cryptocurrency that was released, and it was released in 2009 as an open-source software. Since then, numerous altcoins have been created.
N/B: The secret of crypto trading is, when a coin that is POW or a segregated wintness coin are pumping, other coins follow.
Thanks for your time...
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