The preeminent Bitcoin leads the cryptocurrency asset class. It was founded in 2008 by Satoshi Nakamoto, the pseudonym of a person or entity who designed the original blockchain protocol.
Ethereum is a decentralized platform that has gained tremendous mainstream appeal for its technical specifications, smart contracts and role in facilitating initial coin offerings (ICOs).
Released in 2012, Ripple is a cryptocurrency built on a distributed open source Internet protocol, consensus ledger and native currency called XRP. It has many of the same characteristics as the major cryptocurrencies.
BITCOIN CASH (BCH)
On 1 August, Bitcoin Cash forked from the original Bitcoin to form its own cryptocurrency. In other words, Bitcoin essentially split into two, giving us BCH. The new coin operates a different software with its own rules and blockchain.
Launched five years ago, Litecoin is widely considered to be the silver to Bitcoin’s gold. Litecoin has some technical improvements over Bitcoin, but essentially serves the same function.
Dash offers many of the same features as Bitcoin, but specializes in instant transactions and private transactions. The system launched in 2014.
NEM is one of the newest digital coins to crack the top-ten list. Founded in 2015, NEM has introduced new features to the blockchain market, including the proof-of-importance algorithm and encrypted messaging.
IOTA is said to combine the attributes of cryptocurrency, blockchain and the Internet of Things (IOT) into a powerful digital token. As the IOT phenomenon explodes, IOTA could be poised for bigger gains.
NEO, formerly Antshares, is China’s first ever open source blockchain. Founded in 2014, NEO’s mission has been to reinvent the way commerce is done. NEO has been created to shift China’s traditional economy into the new era of the Smart Economy.
Created in 2014, Monero is another popular cryptocurrency focused on privacy and scalability. It runs on Windows, Mac, Linux and Android.
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