Bitcoin is capped at 21 million coins, a limit established by its software. New bitcoins are created through "mining," where miners collect transactions and secure them in blocks using complex algorithms. Initially, miners earned 50 bitcoins per block, but this reward halves ap...
The Bitcoin network is protected by a method called the SHA-256 algorithm. This method is part of a group of similar techniques known as SHA-2. Bitcoin Cash (BCH) and some other cryptocurrencies also use this same method for security....
Bitcoin is the pioneering decentralized digital currency that operates on a peer-to-peer basis. A key aspect of its role is serving as a decentralized store of value, which grants ownership rights similar to those of a physical asset or a unit of account. However, the effectiveness of this store-o...
What Is Bitcoin (BTC)? Bitcoin is a type of digital money that isn't controlled by any one person or organization. It was first explained in a paper in 2008 by someone named Satoshi Nakamoto and started being used in January 2009. With Bitcoin, people can send money directly to each oth...
Who Are the Creators of Bitcoin? The person credited with inventing Bitcoin goes by the pseudonym Satoshi Nakamoto. As of 2021, the actual identity of this individual or group remains a mystery. On October 31, 2008, Nakamoto released the Bitcoin whitepaper, outlining how a peer-to-peer digit...
What Sets Bitcoin Apart? Bitcoin's most distinctive feature lies in its status as the first cryptocurrency ever created. It has successfully built a worldwide community and sparked the development of an entire industry filled with millions of enthusiasts who engage with, invest in, trade, a...
Overview of Cardano (ADA): Cardano is a blockchain platform aimed at providing a secure and efficient environment for smart contracts. Founded in 2015 by Charles Hoskinson, a co-founder of Ethereum, Cardano seeks to enhance previous blockchain technologies with improved features and s...
Ripple, known as XRP, ranks as the third most recognized digital asset after Bitcoin and Ethereum, primarily due to its rapid transaction confirmation times of under five seconds. Founded in 2012 by Chris Larsen and Jed McCaleb under the name OpenCoin, Ripple is a payment protocol and money transfer...
WHAT IS TRON TRON is a leading decentralized ecosystem developed on blockchain technology, utilizing its cryptocurrency, Tronix (TRX), which is traded on various exchanges. Established by Justin Sun in September 2017, TRON launched its open-source protocol by the end of the year and introduced it...
PayPal is an American online payment system that facilitates electronic funds transfers, allowing users to create accounts linked to their bank accounts and credit cards for secure, quick transactions. Founded in 1998 and going public in 2002, PayPal offers various services including international m...
Tether, symbolized as USDT, is a pioneering stablecoin designed to maintain a value equivalent to the US dollar, making it a vital tool in digital transactions and commerce. Its primary use is as a trading pair in cryptocurrency markets, which boosts trading volumes and market value, positioning it ...
Avalanche is an open-source platform designed for creating decentralized financial applications, featuring the native AVAX token that enhances scalability and transaction confirmation times. Founded by Kevin Sekninqi, Emin Gun Sirer, Maofan, and "Ted" Yin, Ava Labs launched the Avalanche R...
DYDX is a recently launched digital currency and decentralized exchange on the Ethereum blockchain, enabling users to trade various cryptocurrencies like Bitcoin and Ethereum with up to 10x leverage. Established by Anton Nebuchon in 2017, DYDX offers unique features such as advanced margin trading o...
Sui (SUI) is a layer-one blockchain that launched its cryptocurrency in May 2023, recognized for its rapid transaction capabilities and usability in gaming and decentralized applications. Developed by former Diem and Meta engineers under Mysten Labs, SUI's token debuted at around $1.50 and quick...
Phantom (FTM) is a decentralized platform for smart contracts, renowned for its customizability, scalability, efficiency, and rapid transaction speeds. Launched in June 2018 via an ICO that raised $39 million by selling 40% of its total supply at $0.04306, Phantom has since established itself as a s...
Ethereum (ETH), known as the "queen of cryptocurrencies," is the second-largest digital currency after Bitcoin, built on a decentralized network utilizing smart contracts. It allows developers to create decentralized applications (Dapps) and supports thousands of blockchain applications. C...
Solana, ranked 4th in the cryptocurrency market and denoted by the symbol SOL, is a decentralized blockchain known for its high speed, scalability, and low transaction fees. Founded in the U.S. with the Solana Foundation based in Geneva, it operates through a multi-layered structure where each layer...