Learn a Crypto-a-Day

in #money7 years ago


This project is a self-serving opportunity, and I will share my journey.

The hope is to learn more about the various cryptocurrencies. 

Let's take a moment to review the MAIN cryptos, as they are the basis for almost all other altcoins.


Name (year founded)

  • Bitcoin (2009) - Essentially the world's first blockchain. The 'gold standard' for cryptocurrencies.
    • (approx.) Max supply= 21 million
  • Bitcoin Cash (2017) - Altcoin based on Bitcoin's blockchain with some adjusted features.
    • (approx.) Max supply= 21 million
  • Dash (2014) - Altcoin that introduced the multiple-hashing X11 algorithm.
    • (approx.) Max supply= 22 million
  • Ethereum (2015) - Introduced Smart Contracts to blockchain development. Also, boasts open source coding platform.
    • Max supply= Infinite
  • Ethereum Classic (2016) - Created after Ethereum DOA hardfork to refund Ethereum Foundation Member's money.
    • Max supply= Infinite
  • Litecoin (2011) -  Designed to be the "silver" to Bitcoin's "gold".
    • (approx.) Max supply= 84 million
  • Monero (2014) - Derived from the Cryptonote code drop. Uses Ring Confidential Transactions.
    • Max supply= N/A
  • Zcash (2016) - First crypto to use zerocash protocol. Used large "Founder's Rewards" to initiate early mining.
    • (approx.) Max supply= 21 million
  • Zcoin (2016) - First crypto to use zero-knowledge proof (Merkle Tree Proof of Work).
    • (approx.) Max supply= 21 million
  • Namecoin (2011) - First real altcoin as it used BitDNS concept. First merged-mined altcoin.
    • (approx.) Max supply= 21 million

I plan to look at Cardano tomorrow!

Let me know your thoughts and predictions?

We are in this together! I love to learn!!