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best cryptocurrency for future
best cryptocurrency for future
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Guest
Guest
Dec 07, 2022
10:40 AM
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Bitcoin is the first decentralized digital currency. It was invented by Satoshi Nakamoto in 2008. In 2009, he released his whitepaper called “Bitcoin: A Peer-to-Peer Electronic Cash System”. Bitcoins are generated through a process known as mining. Mining involves adding transactions to public distributed ledger, commonly referred to as blockchain.
2. Ethereum
Ethereum is a decentralized platform that runs smart contracts and enables developers to build Dapps (decentralized applications). It provides a Turing-complete virtual machine, the EVM (Ethereum Virtual Machine), which can execute scripts using an international network of computers. The platform uses Merkle trees, after Nick Szabo's 1997 paper, "The Formalization of Trust in Public Key Cryptography".
3. Ripple
Ripple is a distributed open-source software project founded in 2012 by Chris Larsen and Jed McCaleb. Its purpose is to provide financial services via a peer-to-peer Open Network, without going through a central authority.
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