Cryptocurrencies are currencies that are designed to work as a medium of exchange and uses encryption cryptography (encryption) to generate money and to verify and secure transactions of assets.
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Review the list of currencies I believe you should know about.
(1) Vertcoin (VTC):
Founder: Paul Bradley
Introduced: January 8, 2014
Vertcoin is a digital currency that can be sent to people over the internet. Vertcoin is similar to bitcoin but has got some added feature and improvement like ASIC resistant Proof-of-work (PoW) function and Stealth Address technology. Vertcoin (VTC) stays true to the original vision of cryptocurrency: Unlike bitcoin, Vertcoin is against centralized mining. Vertcoin is known to have skyrocketed 187.47% higher in the past year, and also can be purchased via YObit.
(2) PIVX (PIVX):
Founders: Coin Server and s3v3n h4cks
Introduced: February 1, 2016
What is PIVX? Private Instant Verified Transaction. This is a cryptocurrency managed by a global community. PIVX is a private, instant, secure, proof of stake, which is self-governed, self-funded, and also is a community focused cryptocurrency. PIVX uses an energy-efficient Proof of Stake protocol. PIVX can be purchased at AnyCoin Direct. PIVX has grown by about 31% in value for the past three months.
(3) Decred (DCR):
Founder: Jake Yocom-Piatt
Introduced: April 25, 2017
Decred is an autonomous digital currency has jumped 4,458.30% in the past year. DCR can be purchased at BleuTrade.. Decred was carried out by some of the original Bitcoin developers, who had a veiw of a decentralized cryptocurrency network that gives all producers/miners and users the same amount of influence. Decred also encourages members to make the system better.
(4)IOTA (MIOTA):
Founder: David Sønstebø
Introduced: June 13, 2017
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At first when IOTA coins were first launched and became available on Bitfinex, it market price was high to about $1.5 billion in one day. And it had a record-breaking launch at that point in time. Before the launch, it was worked on for about 2 years. And can be purchased on Bitfinex
(5)NEM (XEM):
Founder: Lon Wong
Introduced: March 31, 2015
“New Economic Movement,”NEM It utilizes blockchain technology and was written in Java. It is powered by its cryptocurrency called Nemcoin. NEM differs from Bitcoin in a number of key areas. it extremely boasts fast block times per minute and also has been designed to have as wide a distribution model as possible. The idea was not so much to beat Bitcoin, but rather to develop a new economy based on principles of equality, decentralization, solidarity and freedom from the realm of the initial global power brokers. Nemcoins can be purchased via Poloniex
(6)TokenCard (TKN):
Founder: Mel Gelderman
Introduced: May 2, 2017
TokenCard is a deposit-less Ethereum token-based debit card & platform. Users can spend ERC20 tokens, and manage everything using the Token App. TKN is a special kind of Ethereum token. This cryptocurrency, supplied onto a Token Contract Wallet, can also be spent at cash registers and ATMs by the use of depositless Ethereum debit card called the TokenCard.
Although TokenCards haven’t been launched yet, TKN can be exchanged via Bittrex if needed.
(7)Ark (ARK):
Founders: Matthew Grexx, Velislav Valkov, Chin Song, Khanh Vuong, Stefan Neagu
Introduced: November 7, 2016
ARK is a fast, fragmentation, expandable, collaborative system that allows for traverse between blockchains. Boasting just 8 second block times. Transactions on the network are around 8 seconds.Which is faster than one hour for Bitcoin transactions. The value has grown in recent days by a whopping 198.4% in the past 90 days. It can also be purchased on Bittrex.
(8)Tether (USDT):
Founder: udecker Introduced: February 2015
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Tether is the most widely integrated digital-to- fiat currency today, unlike most cryptocurrencies. It is also a coin that represents real currencies in the blockchain market.Tether currencies were created to facilitate the transfer of national currencies.This (USDT) coins can be purchased using Changelly and also have grown by 0.63% in the past month.
(9)Lisk (LSK):
Founders: Max Kordek and Olivier Beddows
Introduced: May 25, 2016
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Lisk is a blockchain platform that provides decentralized blockchain apps. This cryptocurrency was formed from Crypti. Although it was beaten by WAVES and The DAO after it became the second most successful cryptocurrency that had been crowdfunded. Lisk, can be bought on Poloniex.
(10)DigiByte (DGB):
Founder: Jared Tate
Introduced: January 20, 2014
The DigiByte coin was developed in 2013 and released in January 2014. It operates DigiByte Blockchain, and DigiBytes and can be loaded onto a debit card by using WirexApp.com. DigiBytes can be purchased through ShapeShift.