The real name of this cryptocurrency is Ether
Posted: Sun Jan 12, 2025 6:38 am
Bitcoin
It is the first and best known of all cryptocurrencies. That is why it serves as a reference to determine the value of all other cryptocurrencies . This is also what happens with traditional monetary values, such as the dollar. Bitcoin was created in 2009 by an anonymous person who used the pseudonym Satosh business owner database i Nakamoto and whose real identity has never been known. The currencies of different countries, such as the euro, constitute what is called fiat money. Bitcoin also has a fiat character , but it also uses a proof of work system in which transactions are validated by networks of computers (called miners by analogy with the extraction of raw materials).
Ethereum
, but it is generally known as Ethereum , named after the open source platform. Its main characteristic is that it is decentralized , which allows for agreements and smart contracts to be made between peers. Ethereum is based on the blockchain model. All users of the platform can create and post shared applications capable of making smart contracts . This platform also provides a cryptocurrency token called "ether". The exchange of ethers can take place between different accounts. It is used to compensate for the calculations made by the different nodes of the network. Trading in this cryptocurrency is currently booming.
Ripple
This protocol is based on the use of free software whose goal is to develop a credit system based on a network-to-network, or peer-to-peer, paradigm . This results in the formation of nodes, each node functioning as a local currency exchange system. The entire system is built as a decentralized mutual bank .
Bitcoin cash
Bitcoin Cash ( BCH ) is a cryptocurrency and an alternative version of Bitcoin. It emerged following a scheduled hardfork executed on August 1, 2017, in order to increase the capacity of the chain, in order to support the growth in the number of users. This hardfork resulted in the splitting of the initial blockchain and the creation of two separate and coexisting blockchains.
It is the first and best known of all cryptocurrencies. That is why it serves as a reference to determine the value of all other cryptocurrencies . This is also what happens with traditional monetary values, such as the dollar. Bitcoin was created in 2009 by an anonymous person who used the pseudonym Satosh business owner database i Nakamoto and whose real identity has never been known. The currencies of different countries, such as the euro, constitute what is called fiat money. Bitcoin also has a fiat character , but it also uses a proof of work system in which transactions are validated by networks of computers (called miners by analogy with the extraction of raw materials).
Ethereum
, but it is generally known as Ethereum , named after the open source platform. Its main characteristic is that it is decentralized , which allows for agreements and smart contracts to be made between peers. Ethereum is based on the blockchain model. All users of the platform can create and post shared applications capable of making smart contracts . This platform also provides a cryptocurrency token called "ether". The exchange of ethers can take place between different accounts. It is used to compensate for the calculations made by the different nodes of the network. Trading in this cryptocurrency is currently booming.
Ripple
This protocol is based on the use of free software whose goal is to develop a credit system based on a network-to-network, or peer-to-peer, paradigm . This results in the formation of nodes, each node functioning as a local currency exchange system. The entire system is built as a decentralized mutual bank .
Bitcoin cash
Bitcoin Cash ( BCH ) is a cryptocurrency and an alternative version of Bitcoin. It emerged following a scheduled hardfork executed on August 1, 2017, in order to increase the capacity of the chain, in order to support the growth in the number of users. This hardfork resulted in the splitting of the initial blockchain and the creation of two separate and coexisting blockchains.