A cryptocurrency can be used to perform transactions only in the digital world. Cryptocurrency is a digital payment system that does not rely on banks to verify transactions. Cryptocurrency payments exist purely as digital entries to an online database. The transactions are recorded in a public ledger when cryptocurrency funds are transferred. Cryptocurrency Examples:
Some of the best-known cryptocurrencies are:
1. Bitcoin: Bitcoin is the most widely accepted cryptocurrency. Founded in 2009 by Satoshi Nakamoto, it is still the most commonly traded. It is a decentralized digital currency that can be transferred on a peer-to-peer Bitcoin network.
2. Ether: Ether is the native cryptocurrency of the Ethereum blockchain network. Each Ethereum account has an ETH balance and may send ETH to any other account. The smallest subunit of Ether is known as Wei.
3. Litecoin: Litecoin is a peer-to-peer cryptocurrency and in technical terms, Litecoin is nearly identical to Bitcoin. It uses a script in its proof-of-work algorithm. It is an adaptation of Bitcoin that is intended to make payment easier.
4. Stablecoins: These are the class of cryptocurrencies whose values are designed to stay stable relative to real-world assets like the U.S. Dollar.
5. Solana: Solana is a competitor of Ethereum whose main emphasis is on speed and cost- effectiveness.
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| COIN | DATE OF LISTING ON EXCHANGE 14.4.25 | PRICE PROJECTED ON 14 .4 .26 |
|---|---|---|
| Bullion coin | $0.004 | $0.15 (MINIMUM) |