Cryptocurrencies are digital or virtual tokens that use cryptography to secure their transactions and to control the creation of new units. Cryptocurrencies are decentralized, meaning they are not subject to government or financial institution control. Bitcoin, the first and most well-known cryptocurrency, was created in 2009.
Cryptocurrencies are often traded on decentralized exchanges and can also be used to purchase goods and services. Bitcoin, for example, can be used to purchase items from Overstock.com, Expedia, and a growing number of other businesses.
What are the most popular cryptocurrencies?
Bitcoin, Ethereum, Bitcoin Cash, Litecoin, and Ripple are the most popular cryptocurrencies. Bitcoin, Ethereum, and Bitcoin Cash are the so-called "big three" cryptocurrencies.
What is Bitcoin?
Bitcoin is a digital or virtual token that uses cryptography to secure its transactions and to control the creation of new units. Bitcoin is decentralized, meaning it is not subject to government or financial institution control. Bitcoin was created in 2009.
What is Ethereum?
Ethereum is a digital or virtual token that uses cryptography to secure its transactions and to control the creation of new units. Ethereum is decentralized, meaning it is not subject to government or financial institution control. Ethereum was created in 2015.
What is Bitcoin Cash?
Bitcoin Cash is a digital or virtual token that uses cryptography to secure its transactions and to control the creation of new units. Bitcoin Cash is decentralized, meaning it is not subject to government or financial institution control. Bitcoin Cash was created in 2017.
What is Litecoin?
Litecoin is a digital or virtual token that uses cryptography to secure its transactions and to control the creation of new units. Litecoin is decentralized, meaning it is not subject to government or financial institution control. Litecoin was created in 2011.
What is Ripple?
Ripple is a digital or virtual token that uses cryptography to secure its transactions and to control the creation of new units. Ripple is decentralized, meaning it is not subject to government or financial institution control. Ripple was created in 2012.
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