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495

Bitcoin

(4 | 3.2)

Bitcoin is an innovative payment network and a new kind of money.

Peer-To-Peer - Widely recognized - Money Transfer

OKTAYMERCAN

4 years ago

Bitcoin first cryptocurrency and the most popular cryptocurrency but hard to mine now :(


Positive comment

4 1


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Bitcoin is a peer-to-peer digital currency. Peer-to-peer (P2P) means that there is no central authority to issue new money or keep track of transactions. Instead, these tasks are managed collectively by the nodes of the network.
Bitcoins can be sent easily through the Internet, without having to trust middlemen.
Transactions are designed to be computationally prohibitive to reverse.
Be safe from instability caused by fractional reserve banking and central banks. The limited inflation of the Bitcoin system’s money supply is distributed evenly (by CPU power) throughout the network, not monopolized by banks.

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+ Peer-To-Peer (2 )

+ Widely recognized (1 )

+ Money Transfer (0 )

Application Types

Cryptocurrency Coin (0 )

Money Transfer (0 )

Tags

Cryptocurrency

Cryptocurrency Coin -

merchant account

virtual currency

online community

Alternatives to Bitcoin

96

Ethereum

(4 | 3.5)

Ethereum is a decentralized platform that runs smart contracts: applications that run exactly as programmed without any possibility of downtime, censorship, fraud or third party interference.

Smart contracts - Widely recognized - Decentralized - Blockchain

89

Monero

(6 | 4)

Monero is a secure, private, untraceable currency. It is open-source and freely available to all.

Privacy focused - Untracable - Anonymity - Bitcoin

409

Litecoin

(0 | 0)

Litecoin is a peer-to-peer Internet currency that enables instant payments to anyone in the world

Fast transactions - Peer-To-Peer - Widely recognized - Cryptocurrency support

24

Bitcoin Cash

(1 | 5)

Bitcoin Cash is a peer-to-peer electronic cash system. It's a permissionless, decentralized cryptocurrency that requires no trusted third parties and no central bank.

Privacy focused - Anonymity - Bitcoin - Private transactions

574

Dogecoin

(6 | 3.5)

Dogecoin is an open source, decentralized, peer-to-peer cryptocurrency, favored by Shiba Inus worldwide

Peer-To-Peer - Decentralized - Money Transfer

44

NameCoin

(0 | 0)

Namecoin is a distributed domain name system based on the Bitcoin technology

Custom DNS - Bitcoin - Dynamic DNS - Decentralized

17

DASH

(1 | 4)

DASH is a secure, blockchain-based global financial network which offers private transactions.

Anonymity - Decentralized Funding System - Peer-To-Peer - Private transactions

18

Duniter

(1 | 5)

A network of communities based on trusted human certifications. Server(s) are allowing to manage crypto-currencies through an Universal Basic Income system on peer-to-peer network.

Community based - Peer-To-Peer - Communities - Decentralized

32

NXT

(0 | 0)

Nxt is a fast and energy-efficient cryptocurrency based on the Proof-of-Stake concept, suitable for online payments and decentralized assets

Peer-To-Peer - Decentralized - Money Transfer - Blockchain

22

Ripple

(0 | 0)

Ripple is a monetary system that makes simple obligations between friends as useful for making payments as regular money

Peer-To-Peer - Online Banking - Money Transfer

20

Peercoin

(0 | 0)

Peercoin is a P2P digital currency and payment system optimized for security and energy-efficiency

Bitcoin - Peer-To-Peer - Money Transfer

11

FairCoin

(1 | 5)

Promotes Equality and a Fair Economy. FairCoin is endorsed by FairCoop, the Earth cooperative for a fair economy.

Based on Blockchain - Money Transfer

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