Saturday, September 18, 2021

##What are 4 of the most popular Cryptocurrencies other than Bitcoin?

 


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1)Ethereum - Ethereum is a decentralized, public blockchain that has no centralized point of control. It provides low-cost transactions and eliminates the need for any third party to process the transaction and enforce agreements between parties. It enables smart contracts and Distributed Autonomous Organizations (DAO) to be built without any centralized control.


2)Solana - Solana is a blockchain network that is similar to Ethereum in the sense that it can host decentralized applications, settle transactions on smart contracts, and has a wide range of use cases. This includes decentralized finance platforms, censorship-resistant media networks, non-fungible token markets, oracle networks, etc


3)Cardano - Cardano is a cryptocurrency that aims to solve the problems of blockchain scalability and sustainability. It is a decentralized public blockchain and cryptocurrency project that offers smart contracts and its own digital currency, ADA. It is one of the first blockchains to evolve out of a scientific philosophy and a research-first driven approach.


4)Dogecoin -  Dogecoin is a cryptocurrency like Bitcoin forked from Litecoin in December 2013. It is a type of cryptocurrency that was developed to be a joke currency. The coins were originally worth just fractions of a cent each, but the popularity of memes based on Doge has caused them to skyrocket in value.





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