What are the mainstream digital currencies

1. digital currency is abbreviated as digiccy, which is the abbreviation of "digital currency" in English. It is an alternative currency in the form of electronic currency. Both digital gold coin and cryptocurrency belong to digiccy

digital currency is an unregulated and digital currency, which is usually issued and managed by developers and accepted and used by members of a specific virtual community. The European Banking authority defines virtual currency as a digital representation of value, which is not issued by the central bank or authorities, nor linked with legal currency. However, because it is accepted by the public, it can be used as a means of payment, or it can be transferred, stored or traded in electronic form
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2. bitcoin, of course, is the hottest one. In addition to bitcoin, there are also:
1. Litecoin is similar to bitcoin, which is also an encrypted digital currency, and its price has risen sharply recently. It is a P2P open source digital currency, which can be regarded as a branch of bitcoin. However, although lightcoin is based on bitcoin protocol, it does not require very high computing power. It can also be mined using ordinary computers. Lightcoin's algorithm comes from the algorithm designed by Dr Colin Percival for tarsnap secure online backup service (backup for Linux and other open source operating systems)
2. Namecoin
namecoin is also based on bitcoin, which is another branch of open source. Namecoin is a distributed DNS protocol -- generally speaking, it can transform the website name (such as ifeng. Com) that can be understood by human into the address that can be understood by machine. As its own DNS, this kind of currency can operate outside the normal Internet, so it can break away from the control of ICANN
the monetary value and domain name of namecoin are stored in the user's blockchain records, limiting the total number to 21 million
3. Peercoin
peercoin is a peer-to-peer variant of bitcoin, which can improve mining efficiency and security, and improve safeguard measures to avoid group mining. Now, group mining has been considered as a potential defect of bitcoin. According to the statistics of emerging currencies by coinmarketcap.com, peercoin currently ranks fourth in the market value of digital currencies
4. Primecoin
primecoin is a cryptocurrency similar to bitcoin, but it uses a completely independent mining algorithm. Bitcoin uses the hashcash algorithm, while prime coin uses the long Cunningham chains to create the value of money - a sequence of prime numbers named after mathematician AJC Cunningham
in the process of bitcoin mining, as the amount of money goes on, the difficulty will increase sharply. But prime is different. Every time a primecoin is mined, the mining difficulty will increase slightly, and the process is much more stable< 5. Feathercoin

based on the design of litecoin, released in April 2013, can adjust the mining difficulty more frequently than litecoin. Feathercoin will be updated frequently, adding new features and improvements to eliminate malicious mining behavior

6. Novacoin

another P2P digital cryptocurrency. Novacoin is different from most other currencies in that it integrates a protection mechanism in the currency core, which can identify illegal mining activities

the total number of novacoin is limited to 2 billion, which is considerable. If necessary, the total can be adjusted upward

7, infinitech

published in June 2013. A by-proct of litecain. According to the mining situation and the total amount of money, infinite money can frequently adjust the mining difficulty ratio< Megacoin was only released in the fourth quarter of 2013, imitating bitcoin in the early stage. The total number of megacoin is limited to 42 million, which can be mined like other virtual currencies. Its biggest selling point is brand publicity, which other digital currencies lack< It was released in 2013 and is still in its infancy. In the security part of quarkcoin, nine independent loops are deployed and six different algorithms are used.

3.

Generally, the excellent digital currencies are mostly imported procts, such as bitcoin, Leyte coin, ether coin and so on. However, the domestic Yuanbao coin, Ruitai coin, bitcoin and the tokens of different crowdfunding projects of European crowdfunding are excellent digital currencies

< H2 > development materials

digital currency (English: digital currency) is an alternative currency in the form of electronic currency. At present, no central bank of any government has indicated that it will issue digital currency, and digital currency does not have to have a benchmark currency and a central bank

it is different from the virtual currency in the virtual world, because it can be used for real goods and services transactions, not limited to online games. The early digital currency (digital gold currency) is a form of electronic currency named after the weight of gold. Today's digital currency, such as bitcoin, lightcoin and ppcoin, is an electronic currency created, issued and circulated by check sum cryptography

4. I can't give you an accurate answer to this question because digital currency covers too many aspects. There is also the possibility that many new cryptocurrencies are born or die every day. Now the world's more well-known digital currencies are bitcoin, dogcoin, Leyte coin, bitstock, reborn coin, Yuanbao coin, Diandian coin and so on. It is said that Ecuador, a small South American country, recently created its own official cryptocurrency
according to incomplete statistics, more than 200 counterfeit coins have been proced since 2014, and more than 100 have survived. The life cycle of Shanzhai coin is generally about 2-3 months. Because the purpose of some Shanzhai coins is to earn money without any innovation. When the price is high enough, the makers will sell a lot to cash out. Without the support of the makers, this kind of counterfeit money will eventually die.

5. I can't give you an accurate answer to this question because digital currency covers too many aspects. There is also the possibility that many new cryptocurrencies are born or die every day. Now the world's more well-known digital currencies are bitcoin, dogcoin, Leyte coin, bitstock, reborn coin, Yuanbao coin, Diandian coin and so on. It is said that Ecuador, a small South American country, recently created its own official cryptocurrency
according to incomplete statistics, more than 200 counterfeit coins have been proced since 2014, and more than 100 have survived. The life cycle of Shanzhai coins is generally about 2
-
3 months. Because the purpose of some Shanzhai coins is to earn money without any innovation. When the price is high enough, the makers will sell a lot to cash out. Without the support of the makers, this kind of counterfeit money will eventually die
for more information about cryptocurrency, you can visit bitcoin home.

6. The first half of 2020 can be said to be turbulent. The economic consequences of the epidemic are still unknown, but it is certain that digital assets will be an important part of the economy after the epidemic, and it is likely to continue to grow
let's look at the most noteworthy potential currencies in 2020 and why they can be a powerful complement to your portfolio< Elrond (ERD) + 45.36%
overview: Elrond (ERD) is a highly scalable, fast and secure blockchain network, which can promote DAPP development and enterprise application
price: an increase of 45.36% makes Elrond one of the best performing cryptocurrencies at present, ranking at the top of our list
in the past 24 hours, the price of ERD has jumped from US $0.0188 to US $0.0276
interestingly, compared with the sustained surge of Elrond, the rise of ERD price has exceeded 1100% since June 1
2. Bancor (BNT) + 20.66%
overview: Bancor (BNT) is a blockchain protocol that allows users to directly and instantly convert between different tokens
price: at the top of our list of potential currencies, Bancor has soared from $1.21 to $1.46 in the past 24 hours, up 20.66%
similar to Elrond, BNT prices have been bullish for a long time, up nearly 600% since May 17
3. Ethereum classic (etc) + 9.54%
overview: Ethereum classic (etc) is a smart contract platform, which retains the original version of Ethereum software after the hardware fork of Dao
price: Ethereum classic has been trying to recover its losses since the market collapse caused by the new coronavirus in March
although the price growth of etc has been relatively stable since then, it has created a relatively huge return rate of nearly 10% for investors in the past 24 hours< Zcash (Zec) + 6.54%
overview: zcash (Zec) is a kind of privacy coin, which is characterized by pseudo anonymous transactions through zero knowledge proof, called ZK snarks
price: judging from the 24-hour performance of the currency, zcash rose by 6.54%
in addition to the sharp rise in the past 24 hours, the Zec has been in a state of moderate rise in the past three months, with its currency value rising to $69.27 from $43.93 on April 27
5. Ethereum (ETH) + 5.27%
overview: Ethereum (ETH) is a blockchain platform characterized by smart contracts and decentralized applications (dapps), as well as the second largest cryptocurrency in market value
price: Ethereum's price has been rising steadily in the past few months. However, since July 22, ETH has turned on the bull market and the price of eth has soared from $246 to $324.26 today
in the past 24 hours alone, the price of eth has increased by 5.27%.

7. Now the world's more well-known digital currencies are bitcoin, dogcoin, Leyte coin, bitstock, reborn coin, Yuanbao coin, Diandian coin and so on.