Invest in cash products, trade with leveraged products or let the experts manage your money.
Invented in 2008 by Satoshi Nakamoto (or not)
Bitcoin is limited to 21 million coins
Major commercial companies both offline & online accept Bitcoin currency. Including Overstock, Microsoft, Dell, Holiday Inn and more
Very low fees or no fees with Bitcoin transactions
Bitcoins are held within digital wallets. Lose the wallet. Lose the bitcoins
Was founded in 2014 by Vitalik Buterin (real person)
Name originated from the name of a race in World of Warcraft
Not a Cryptocurrency – Provides an open source blockchain platform
Not a Cryptocurrency – Provides an open source blockchain platform
In addition to currency, developers can use the blockchain for other purposes
Revert centralized services to decentralized services
Run by OpenCoin, Ripple is a distributed open-source payments platform
Ripple is basically a payment platform designed to connect different payment systems together using XRP as their currency
Ripple takes a small fraction of XRP from each transaction
There is no P2P mining, all mining is done by Ripple
Although technically rivals, Bitcoin transactions can be conducted using the Ripple platform
Launched 2011 by Google creator Charles Lee
Intended to be an improvement to Bitcoin
Faster block generation rate based on a distinct mining algorithm
Claim to offer 4 times faster confirmation time than Bitcoin and more secure
Bitcoin is Gold. Litecoin is Silver. LTC will never surpass Bitcoin, but it will continue to grow alongside it
Launched April 2014
Offers better anonymity by using stealth addresses and ‘ring signatures’
Monero uses can select who has access to their transactions
No transaction trail ,meaning vendors can’t deny transaction based on poor history
Enjoys a steady adoption rate upon release
Launched in 2016 in an attempt to create greater privacy
Zcash doesn’t reveal the participants or amounts involved in the transaction. Only the fact the transaction took place
Disables transaction history, meaning vendors can’t refuse transactions
No reason for coin blacklisting
10% of the Zcash mined will go to the Zcash shareholders
Launched January 2014
Began with the Bitcoin blockchain, but ventured out to create their own
Considers themselves a digital currency with no physical form
Masternode- users who have 1000 or more Dash which offers them higher mining rewards and faster transaction times
45% of the mining rewards go to miners, 45% to ‘masternodes’, 10 back into Dash