Peercoin Peercoin is an altcoin. Altcoin is a cryptocurrency that is not bitcoin. Altcoins often present themselves as a better alternative to Bitcoin; Peercoin is the first altcoin to target Bitcoin’s high energy consumption problem. In addition to energy efficiency, Peercoin developers aim to provide high security. The Bitcoin system requires miners to solve complex mathematical problems to support transactions on the blockchain. The first miner to solve a given …
DashCoin Dash (formerly known as Darkcoin and XCoin) is an open-source peer-to-peer cryptocurrency with an independent forum. It offers direct transactions, private transactions and independent processing systems. Dash was originally a fork of the Bitcoin software but is now called an altcoin. Dash’s self-sustaining, self-organized system is known as the Treasury System. The global network of masternodes vote on the Dash upgrade …
Bitcoin Cash Bitcoin Cash (BCH) is another cryptocurrency launched on the original Bitcoin (BTC) blockchain. It aspires to be a global peer-to-peer payment system and is structured in a way to maximize the network’s business potential. BCH was launched in 2017 when Bitcoin investment grew and its price skyrocketed. As the network grew, transaction processing times and fees increased and eventually led to the end of Bitcoin payments. This debate over the future of …
At its core, Ethereum is a global software platform powered by blockchain technology. It is best known for its native cryptocurrency, Ether (ETH). Anyone can use Ethereum to create any secure digital technology. It has tokens designed to pay for services performed in support of the blockchain, but participants can also use it to pay for tangible goods and services …
Litecoin Litecoin was created by former Google engineer Charlie Lee and is one of the first “altcoins” – the name given to cryptocurrencies other than Bitcoin (and sometimes others other than Ethereum). “Litecoin is the second oldest cryptocurrency, which was replaced by Bitcoin in 2011,” says Jay Blaskey, digital currency expert at BitIRA. “It was designed to be used for quick, secure and affordable payments.” Think of it as bitcoin going …
