XMR — MoneroThe main feature is anonymity, for which they blame. It can be used by drug dealers, terrorists ... Because this cryptocurrency, if possible, will put barriers, which limits its reliability.
Almost every cryptocurrency has a limitation of the total emission. Monero has no limitations.
The program code is open.
What they have tried to differ and take their niche.
DOGE — ÐogecoinDecentralized cryptocurrency, based on Litecoin.
To be more precise, DogeCoin was based on Luckycoin, which was based on Litecoin. To distance themselves from Bitcoin, who was abused for being used by drug dealers ...
But in fact, no one is inventing a bicycle and Litecoin is based on Bitcoin. So that ...
In contrast to Litecoin, Bitcoin and the vast majority of Cryptocurrency, there is no limit to the number of coins.
ETH — EthereumAfter success of Bitcoin, all the newly introduced crypto-currencies became a kind of second echelon, catching up.
But our compatriot who emigrated to Canada created a revolutionary product. He tried to make maximum use of blocking technology.
Ethereum took a solid second place among the cryptocurrency after Bitcoin. Moreover, it has become the most promising currency of the future. And not only currency - technology.
The platform of decentralized online services based on block-chain technology. This is the environment of intellectual contracts: it is stable, without downtime, censorship, participation of third parties.
Customizable applications work quite well in a powerful global infrastructure, moving value and representing ownership of property.
The platform is used by Microsoft, IBM, Acronis ... Interested in: VTB Bank, Sberbank, S7, Lufthansa, YUNISEF, Microsoft, Google, Apple.
Developers can use the platform to create markets, store debt registers, translations and create new operations.
BTC — BitcoinPiracy payment system.
That is, it is a payment system from user to user, bypassing the bank or any intermediary.
Great! You do not need to deduct interest. But there is nobody to ask. A bit like the black market.
More than $1 million daily turnover.
40 000 transactions daily.
The total cost of bitcoins is more than $300 million.
Transactions are cheap,
Transactions are irreversible.
ApplicationYou can buy something for bitcoins, and the number of stores hosting bitcoins grows.
You can sell something - that is, start taking bitcoins. But if you earn bitcoins, they still need to be spent only where they are accepted.
You can transfer bitcoins to regular money through trading platforms or exchangers.
UnpredictabilityToday the course took off due to overheating through the press. What will tomorrow nobody knows. Maybe the growth will continue, there may be a recession, and maybe a bubble and burst.
Nobody knows what could be with something that never happened. Someone thinks bitcoin is a private currency, and some do not consider money.
There is no one who could stand behind this money and then guarantee something. In fact, the creator is a Japanese whose name is unknown.
But on coins, there was always a seal of the king, which guaranteed the accuracy of the weight of silver.
There is no guarantor in bitcoin.
AnonymityInvestigations have been conducted and most online stores receiving bitcoats pass on information to third parties, and many allow third-party scripts to access the user's Bitcoin addresses.
BCH — Bitcoin CashFork Bitcoin, separated from him.
The purpose of the department is to make a more perfect version of Bitcoin fix the flaws. But in general, they are very similar.
The main difference is faster processing of transactions, which is achieved by doubling the block size to 2 megabytes.
XRP — RippleThe Ripple cryptocurrency was originally created for banks.
The global system of mutual settlements allows you to instantly transfer any currency to anywhere in the world.A real alternative for SWIFT and Western Union.
Therefore, a number of banks (Santander, Axis Bank, Yes Bank, Westpac, Union Credit, NBAD and UBS) already use the Ripple platform, which reduces the transaction cost by an average of $ 3.76 per transaction. Given the number of tranaktsy, it can be about millions of savings.
LTC — LitecoinFork Bitcoin, peer-to-peer cryptocurrency, has almost zero-cost payments to anywhere in the world.
Virtually identical to Bitcoin, but uses its LiteNet network, which is much faster and more productive.