Crypto refers to the complex cryptography that follows a certain digital token that’s generated, transacted, stored and encrypted for transactions. In most cases, its exchanged is done anonymously. Alongside the feature for these currencies is the commitment to decentralization. Cryptocurrencies are often made as a code by teams in which the process is called as “mining”.
It is almost impossible for a short article to tackle these things deeply.
A reason for this is that, there are approximately 1600 cryptocurrencies that are in existence and most of these coins and tokens are extremely popular.
Don’t believe me? Well, let us just discuss some of them in the next lines.
Number 1. Litecoin
Litecoin has been launched back in 2011 and was also one of the initial digital coins that followed Bitcoin and been called as “silver to bitcoin’s gold”.
Number 2. Ethereum (ETH)
This was introduced in 2015. Like any other cryptocurrencies, this uses a decentralized software platform that allowed Distributed Applications and Smart Contracts to be built and operated without downtimes, control, fraud or even interference from third parties.
Number 3. Dash (DASH)
This is known originally as darkcoin. It’s more of a secretive version of Bitcoin. It is offering anonymity for it works on decentralized master code network. This network is what making transactions that are nearly untraceable.