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6/26/2023 2:47 pm  #1


Major cryptocurrencies and their functions

This topic discusses the most popular cryptocurrencies such as Bitcoin, Ethereum, Ripple and Litecoin, their main characteristics, benefits and real world applications.

 

6/26/2023 3:23 pm  #2


Re: Major cryptocurrencies and their functions

Bitcoin is the first and best known cryptocurrency. It was created as a decentralized digital currency for peer-to-peer transactions, intended to be an alternative to traditional financial systems. Bitcoin serves as a store of value and a medium of exchanges can buy Rolex with usdt Ethereum (ETH): Ethereum is a decentralized blockchain platform that allows the creation of smart contracts and decentralized applications (DApps). It introduced the concept of programmable blockchain, allowing developers to create and deploy their own applications on their

 

6/26/2023 3:23 pm  #3


Re: Major cryptocurrencies and their functions

Ripple is both a digital payment protocol and a cryptocurrency. It aims to facilitate fast and inexpensive international money transfers and improve cross-border payments for financial institutions. Ripple's XRP token is used for liquidity and as an intermediate currency.

 

6/27/2023 5:39 am  #4


Re: Major cryptocurrencies and their functions

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Last edited by donkyhote (6/27/2023 5:39 am)

 

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