How many types of Cryptocurrency ?

There are many types of cryptocurrency. Here we are discussing the name and some of the famous cryptocurrency -

• Bitcoin (BTC): - The first and most famous in cryptocurrency is bitcoin. Yes, Bitcoin is the most used cryptocurrency in the world. Which was created by Satoshi Nakamoto in 2009.

• Ethereum (ETH): - It is another type of cryptocurrency, also an open source decentralized computing platform based on block chain. The founder of this cryptocurrency is Vitalik Buterin. A digital token is used in it, which is called Ether. There are 2 versions of this cryptocurrency, the first Ithereum (ETH) and the second Ithereum Classic (ETC). It has also become quite famous.

• LiteCoin (LTC): - Lite Coin is also similar to Bitcoin, which is also decentralised and works under peer to peer technology. It was started in October 2011. This cryptocurrency was started by Charles Lee, who was then a Google company employee. In this, when the mining process takes place, the script algorithm is used in it.

• DoseCoin (Dose): - It was started in such a way that when Bitcoin was in circulation, during that time, DocCoin had compared it to a dog. But later it itself became a cryptocurrency. Its founder was Billy Mercus. Today, the value of this cryptocurrency is more than $ 197 million. Also, mining in it also happens quickly.
• FairCoin (FAIR): - Block chain technology is also used in a cryptocurrency called FAIR, which is similar to other cryptocurrencies. But its design is socially creative. It uses proof-of-co-operation to verify the coin.
• Dash (DASH): - It is created by combining two words, digital and cash. This cryptocurrency has been introduced with better features than the most famous cryptocurrency bitcoin. In this, security is given more importance than other cryptocurrencies. Such technology and algorithms are used in it, so that people joining it can do their own mining.
• PeerCoin (PPC): - A cryptocurrency called Peer Coin is similar to peer-to-peer cryptocurrency by its name. The algorithm used in this is SHA-256, and does not require much power to make transactions or for the mining process.
• Ripple (XRP): - This cryptocurrency was introduced in 2012, which is based on the distributed open source protocol. Today its prices are up to about 10 million dollars.
• Monero (XMR): - This is the last type of cryptocurrency that was started in 2014. It works on all types of systems. And are also like bitcoins. In this cryptocurrency, consumer-level CPU's are used.