There are more than 654.38+800,000 cryptocurrencies in the world, among which these are the most valuable at present.

Cryptographic currency is a kind of digital currency, which is used to conduct extensive transactions in virtual space and sometimes in the real world.

All cryptocurrencies are protected by encryption technology, which can prevent them from being forged and identified by third parties. The government cannot track cryptocurrencies, and users can remain anonymous at any time.

In short, cryptocurrency exists in blockchain technology, which is a decentralized control mechanism and an open distributed transaction ledger. Each data block contains transaction information and is connected to the blockchain, which makes every transaction verifiable.

All cryptocurrencies are "mined", and basically a complex mathematical problem is solved by a computer. Generally speaking, all cryptocurrencies follow one of two mining agreements-work certificate and equity certificate. The former is more competitive than the latter and has a much greater impact on the environment. But most cryptocurrencies follow the work authentication protocol.

Unlike legal tender, digital currency does not exist in the real world, but the value of some of these currencies is unbelievable. People regard encryption as an investment, and it is also used to trade digital assets such as non-recoverable tokens (NFT). Cryptographic currency is more and more accepted in the business world, and some companies and auction houses accept it as a payment method.

Although some governments and financial institutions are skeptical about the future of cryptocurrencies, some countries such as El Salvador have declared at least one of them as legal tender.

It is estimated that there are more than 18000 kinds of digital currency in the cryptocurrency market. However, only a few people have a certain degree of investor reputation. These include Bitcoin, the world's first cryptocurrency, and Ethereum, which pushed NFT into the mainstream.

bitcoin

Bitcoin (BTC) is the first and most famous cryptocurrency. It was founded by Satoshi Nakamoto in 2009. Satoshi Nakamoto is a person whose alias or true identity is still unknown.

Ben described the idea of blockchain in a white paper. As we all know, blockchain is the cornerstone of everything related to cryptocurrency.

Although bitcoin fluctuates greatly, its value and transaction volume are the highest among all digital currency in the market today. In fact, Bitcoin is so popular that it has now become synonymous with cryptocurrency itself.

Ethereum

Ethereum is an open source blockchain platform, and its cryptocurrency is called Eth. Blockchain is very popular among developers in smart contracts and other functions.

Ethereum is one of the most important digital currency and also plays an important role in the NFT world. Almost all NFT transactions are conducted in Ethereum, and NFT itself exists in the Ethereum blockchain.

Its white paper was published by the founder Vitalik Buterin on 20 13. In 20 14, Ethereum was officially listed for 42 days. Today, Ethereum is the second largest cryptocurrency by market value.

Stable coin tether

Tether(USDT) is both a stable currency and a cryptocurrency, and its value is linked to the US dollar, with a ratio of 1 ratio 1. This means that its value is always $ 1 20 14 was launched in the name of Realcoin. Over the years, Tether has become the third largest cryptocurrency and the largest stable currency with market value.

It is also worth noting that Tether is not as dispersed as most other cryptocurrencies, including Bitcoin. It is also controlled by Tether Limited, a company that makes coins.

Because of its stability, although it is theoretical, it is more favored by investors who are more concerned about volatility.

Bi' an coin

Currency security coins (BNB) allow holders to pay fees and trade on the Currency Security Exchange, which is one of the largest crypto exchanges in the world.

BNB can also trade or exchange with other cryptocurrencies (including Bitcoin and Ethereum), and can also be used for routine transactions, such as travel booking and payment processing.

The coin was introduced in 20 17 and originally existed in the blockchain ethereum. It later became part of the Bi 'an blockchain chain store.

USDC, stable currency

Dollar coins are symbolically identified as USDC, which is a stable currency supported by dollars. Like Tether, its price is always $ 1.

USDC was founded by a global financial company named Circle and supported by multi-layer 1 blockchain. These include Ethereum, Solana, Algoland and Stars.

The cryptocurrency is managed by a consortium of members such as Circle and Bitcoin Base. Coins can also be used for global transactions. Like tethers, what attracts investors is the stability of dollar coins.

dogecoin

Among all cryptocurrencies, the history of Dogecoin(DOGE) is very interesting. It actually started with a joke, with a meme featuring Japanese dog Shiba Inu. But today, it is as serious as other cryptocurrencies.

Open source cryptocurrency was founded by Jackson Palmer and Billy Marcus in 20 13. Elon musk, CEO of Tesla and co-founder of Space Exploration Technology Company, is one of the company's most famous sponsors.

Dogecoin uses the same working technical proof as Litecoin.

Solana

Solana is the result of historical proof described in the white paper of its co-founder Anatoly Iacovenco 20 17, which verifies the sequence of events and the passage of time.

SOLana is a blockchain, and its cryptocurrency is also called Sol. Although cryptocurrency is one of the most valuable currencies in the market, blockchain has the same functions as Ethereum, including smart contract function. This is why Solana can run NFT, Dev and Dapps.

Girolamo Cardano

Unlike Bitcoin or other people who follow the work certification agreement, Cardano is a blockchain benefit certification platform and one of the first cryptocurrencies to adopt this system. It uses a peer-reviewed blockchain protocol called Ouroboros. The creator claims that Cardano is "the first product based on peer-reviewed research and developed through evidence-based methods".

Benefit certification system reduces transaction time and energy consumption, which means it is more beneficial to the environment than work certification system.

Cardano's encryption is called ADA. Blockchain supports smart contracts and distributed applications.