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cryptocurrency
Created in 2009 by someone under the pseudonym Satoshi Nakamoto, Bitcoin (BTC) is the original cryptocurrency. As with most cryptocurrencies, BTC runs on a blockchain.
Ethereum is a favorite of program developers because of its potential applications, like so-called smart contracts that automatically execute when conditions are met and NFTs.
Tether is a stablecoin, meaning it’s backed by fiat currencies like U.S. dollars and the Euro and hypothetically keeps a value equal to one of those denominations.
The Binance Coin is a form of cryptocurrency that you can use to trade and pay fees on Binance, one of the largest crypto exchanges in the world. Since its launch in 2017,
XRP can be used on that network to facilitate exchanges of different currency types, including fiat currencies and other major cryptocurrencies. It is one of the best cryptos to buy and hold.
Terra is a blockchain payment platform for stablecoins that relies on keeping a balance between two types of cryptocurrencies.
This method expedites transaction time and decreases energy usage and environmental impact by removing the competitive, problem-solving aspect of transaction verification.
DeFi uses, DApps, and smart contracts, Solana runs on a unique hybrid proof-of-stake and proof-of-history mechanisms that help it process transactions quickly and securely.
Polkadot (DOT), founded in the year 2016, is a unique blockchain interoperability protocol designed to connect different chains together.
Litecoin (LTC), an open-source blockchain project launched in 2011, was created by former crypto exchange Coinbase software engineer Charlie Lee.
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