Ten years ago, on January 3, 2009, the first block of a completely new and unique digital currency was born. 50 coins - that is how much was generated that day as the “first batch”. A year later, the sale of cryptocurrency started, and 10,000 bitcoins were acquired on May 22, 2010 for a ridiculous 25 dollars (that is, only 0.25 cents for one coin, imagine?). Since that time, the price of electronic currency has grown to cosmic figures, and those who became the lucky holder of the coin at an affordable price could hardly imagine what awaits them after a few years.
Cryptocurrency is an electronic currency that differs from ordinary public funds in that it does not have physical expression. The unit of such money is "coin", which, translating from English, means "coin." The peculiarity of such a currency is its protection against falsification, because it encrypted data that cannot be duplicated.
What is the difference between “coins” and other electronic payment systems? The main difference is the lack of control by the Central Bank of the Russian Federation, and cryptocurrency appears without the participation of real money. It is enough to connect to the cryptocurrency creation service to become the owner of a certain amount of “coins”.
If we completely simplify the phenomenon of bitcoins, then it can be explained by analogy with the chips that were so popular in our childhood. Imagine that it’s impossible to fake these chips; going to the supermarkets and buying up all the chips will not work either: production has long been stopped. The number of chips is limited and initially known, so it remains just to wander around and carefully look under your feet - maybe you will come across a chip.
Today, there are several thousand different cryptocurrencies, the course of each of which attracts the attention of experts around the world, consider the 10 most expensive of them.
10. XLM
Project basis Stellar (Xlm) make up free conversion, support of any type of currency and exchange of national and digital money within the framework of this platform.
The developers paid special attention to free access and anonymity, fast translations, as well as the principles of decentralization. What is this principle? The idea is for as many stand-alone servers as possible to be used on the Stellar network, so that the network continues to function successfully, even if some servers fail.
9. BSV
On August 16, 2018, an announcement was made Bitcoin SV (BSV) Is a cryptocurrency that was created by an Australian entrepreneur as part of nChain.
The creators of Bitcoin SV call the original bitcoin code the main document, the principles of which they followed when developing the cryptocurrency, and the abbreviation SV has the decodingSatoshi vision", Which is translated from English means"Satoshi's vision».
8. BNB
Coin Binance coin (Bnb) allows users to receive discounts on any purchases on the Binance platform, which plans to create a decentralized exchange for blocking assets.
BNB also provides users with access to special features and will be used to power the upcoming decentralized exchange.
7. EOS
Project Eos It was launched by Daniel Larimer and Brendan Bloomer, who have considerable experience in working on similar projects.
The authors' idea was to provide several positive aspects of the project:
- The speed of any transactions in EOS.
- Project team. These are well-known developers whose experience and skills are not in doubt.
- The units of account EOS, which are used to represent the digital balance, have great liquidity and are located on many exchanges.
- The project has a brilliant marketing campaign. The developers managed to get high profits even before the essence of the platform that is being created became known.
6. USDT
One of the few cryptocurrencies that is tied to fiat (real) money, issued by Tether Limited. The company has created comfortable conditions for users to store, send and receive digital tokens tied to dollars and euros. Also in the near future it is planned to add Japanese yen to everyday life.
A virtual coin can be bought or exchanged for real currency, and financial security USDT carried out by Taiwan Bank Trust.
5. BCH
Cryptocurrency Bch (she Bitcoin cash) arose as a result of dividing one large database of bitcoins into two independent branches.
The resulting coin also has a common history with the usual bitcoin rumor, therefore, immediately after the database was fragmented, many exchanges provided their users with the opportunity to receive a unit of currency of the updated version at a one-to-one rate. That is, if you had a certain amount of BTC at your disposal, then you also get exactly the same number of units of the new BCH cryptocurrency.
4. XRP
Crypto coin Xrp It uses digital portals, which can be described as something similar to a worldwide registry compiled from private blockchains (sequential block chains that are built according to certain rules and contain any information. Duplicates of each such block chain can be stored on many other computers, and independently of each other).
In fact, such digital portals are used by banks, financial and government organizations to connect to the network. The described mechanism is known as the Ripple Transaction Protocol (RTXP), which is also called the RippleNet network. This is the basis of the project.
Thus, RippleNet is a network of banks and payment systems, which, in turn, use ideas developed as part of the Ripple project. Their main goal is operational transactions around the world.
In addition to XRP, the platform allows users to create their own cryptocurrency.
3. LTC
Release LTC (Litecoin) began in 2011 under the leadership of former Google programmer Charlie Lee.
The key idea of such a digital unit is to become a kind of analogy for silver in the virtual financial market. Of course, given the fact that everyone knows Bitcoin is often associated in value with gold.
2. ETH
Net Ethereum (Et) was launched on July 30, 2015 with the filing of the founder of Bitcoin Magazine Vitaly Buterin. The platform was created as a single distributed virtual machine for the development of online services, which will also be decentralized.
The network is completely open and simplifies many technologies, which attracts the attention of both new startups and large experienced software developers (including even Microsoft). The platform is particularly interested in financial institutions, including Sberbank.
The authors of this cryptocurrency do not limit the role of ETH only to payments, but also offer it as a means to exchange certain resources.
1. BTC
The most famous cryptocurrency and the so-called founder of the virtual coin genre is Bitcoin. It was Bitcoin that laid the foundation for the development and further progress of all other currencies similar to it.
The group of programmers who created Bitcoin and call themselves Satoshi Nakamoto is still hidden to this day. It is worth noting that the developers BTC left the code of their creation free and open, thereby giving enthusiasts the opportunity to create new cryptocurrencies on an existing basis.