As of January 3, 2019, the market capitalization for Bitcoin was $67.7 billion, for Ethereum it was $14.4 billion, for Cronos it was $1.5 billion, for Litecoin it was $2.9 billion, for Shibadogecoin it was $14.9 million, and for Dogecoin it was $236.8 million. In this article, we will explore what Bitcoin, Ethereum, Cronos, Litecoin, Shibadogecoin, and Dogecoin are, as well as how they are used and what investments and opportunities are available for small businesses and entrepreneurs.
Bitcoin
Bitcoin is a digital asset and a payment system invented by Satoshi Nakamoto. Transactions are verified by network nodes through cryptography and recorded in a public dispersed ledger called a blockchain. Bitcoin is unique in that there are a finite number of them: 21 million.
Ethereum
Ethereum is a decentralized platform that runs smart contracts: applications that run exactly as programmed without any possibility of fraud or third party interference. Ethereum is the first decentralized platform to run smart contracts on a blockchain, and the second largest cryptocurrency by market capitalization.
Cronos
Cronos is a Canadian marijuana company with a market capitalization of $1.5 billion. Cronos is the first Canadian marijuana company to list on a U.S. stock exchange.
Litecoin
Litecoin is a peer-to-peer digital currency and open source software project released under the MIT/X11 license. Creation and transfer of coins is based on an open source cryptographic protocol and is not managed by any central authority. Litecoin is the second largest cryptocurrency by market capitalization.
Shibadogecoin
Shibadogecoin is a digital asset and a payment system. Shibadogecoin is unique in that there are a finite number of them: 21 million. Shibadogecoin is used for payments and tipping on websites.
Dogecoin
Dogecoin is a cryptocurrency featuring a likeness of the Shiba Inu dog from the "Doge" Internet meme as its logo. It was introduced on December 8, 2013. Dogecoin is used for payments and tipping on websites.
0 Comments