30 Apr 33 Cryptocurrencies Described In Four Words Or Less – INFOGRAPHIC
By Karthik
Cryptocurrency also termed as Digital or Virtual currency is considered as a form of asset and the currency is designed to work as an exchange medium.
Crytpocurrency uses strong cryptography to secure the financial transactions. All these cryptocurrencies work on the blockchain technology which is a decentralized system.
The best feature of the cryptocurrency is its organic nature, where it is not issued by any central authority nor does have any government interference or manipulation with the currency.
Bitcoin is the first blockchain based cryptocurrency and is the popular and most valuable one. The popularity of Bitcoin has given birth to hundreds of alternate cryptocurrenies designed with various specifications and functions.
Some of these cryptocurrencies are clones of Bitcoins and few are forks. With so many cryptocurrencies out in the market, where new ones come out almost daily and old ones disappear seemingly.
In order to make a place and be considered as successful coin in the crypto market, these cryptocurrencies are ranked based on few criteria or values such as the market cap value, price, circulating supply of cryptocoins and maximum supply of crytocurrencies.
If the crypto coin holds the maximum market cap value along with the maximum and circulating supply then the coin stands first in the race. Bitcoin is one such coin which stands in first place so far and still continues to be in the same place followed by Ethereum and Bitcoin Cash.
Bitcoins and the other cryptocurrency is most popularly used in the online gambling industry, there are wide range of bitcoin casinos accepting bitcoin as their payment method.
The following infographic is all about description of the Top 33 Cryptocurrencies in 4 words or less.
MrBtc.org – This is the original source of the infographic, it was developed by Karthik. If you are sharing or using this infographic on your website, please give us this original source (https://mrbtc.org/about-33-cryptocurrencies/) below the infographic.
This infographic is inspired from TechCrunch.com
Name | Sym. | Description ----------------|-------|------------------------------------------ Bitcoin | BTC | Digital gold Ethereum | ETH | Programmable contracts and money Bitcoin Cash | BCH | Bitcoin clone Ripple | XRP | Enterprise payment settlement network Litecoin | LTC | Faster Bitcoin Dash | DASH | Privacy-focused Bitcoin clone NEO | NEO | Chinese-market Ethereum NEM | XEM | Batteries-included digital assets Monero | XMR | Private digital cash Ethereum Classic| ETC | Ethereum clone IOTA | MIOTA | Internet-of-things payments Qtum | QTUM | Ethereum contracts on Bitcoin OmiseGO | OMG | Banking, remittance, and exchange Zcash | ZEC | Private digital cash Lisk | LSK | Decentralized applications in JavaScript Cardano | ADA | Layered currency and contracts Tether | USDT | Price = 1 USD Stellar Lumens | XLM | Digital IOUs EOS | EOS | Decentralized applications on WebAssembly Stratis | STRAT | Decentralized applications in C# Electroneum | ETN | Monero clone Bytecoin | BCN | Privacy-focused cryptocurrency Ardor | ARDR | Blockchain for spawning blockchains Binance Coin | BNB | Pay Binance exchange fees Augur | REP | Decentralized prediction market Decred | DCR | Bitcoin with alternative governance TenX | PAY | Cryptocurrency credit card BitShares | BTS | Decentralized exchange Golem | GNT | Rent other people's computers PIVX | PIVX | Inflationary Dash clone TRON | TRX | In-app-purchases Vertcoin | VTC | Bitcoin clone MonaCoin | MONA | Japanese Dogecoin
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