The first thing about Ethereum is that it is not just a digital currency. It is a blockchain-based platform with many uses and features, including smart contracts, the Ethereum Virtual Machine (EVM) and it uses its own currency called Ether which is the direct equivalent of Bitcoin. Ethereum enables developers to build and deploy decentralized applications and is already being used by major banks worldwide for its smart contracts feature. Just like Bitcoin, Ethereum is a global network. It is connected through computers or nodes which carry out, perform and confirm programs in a decentralized manner. It does not require… Read More

XRP is a real-time gross settlement system (RTGS), currency exchange and remittance network by Ripple. Also called the Ripple Transaction Protocol (RTXP) or Ripple protocol, it is built upon a distributed open source Internet protocol, consensus ledger and native cryptocurrency called XRP. Released in 2012, Ripple purports to enable "secure, instantly and nearly free global financial transactions of any size with no chargebacks." It supports tokens representing fiat currency, cryptocurrency, commodity or any other unit of value such as frequent flier miles or mobile minutes. At its core, XRP is based around a shared, public database or ledger, which uses… Read More

Litecoin is a peer-to-peer Internet currency that enables instant, near-zero cost payments to anyone in the world. Litecoin is an open source, global payment network that is fully decentralized without any central authorities. Mathematics secures the network and empowers individuals to control their own finances. Litecoin features faster transaction confirmation times and improved storage efficiency than the leading math-based currency. With substantial industry support, trade volume and liquidity, Litecoin is a proven medium of commerce complementary to Bitcoin. Read More

Bitcoin scalability debate led to the cryptocurrency split on August 1, 2017. A chain coming out of the split and setting its block size limit to eight megabytes to increase the number of transactions its ledger can process is called Bitcoin Cash (BCH). Read More

Ethereum Classic is primarily the same as Ethereum, except for the fact that Ethereum Classic uses the old blockchain opposed to the new blockchain of Ethereum. Etherum Classic uses a value token called "classic ether", which can be transferred between participants. Read More

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