Bitcoin is the first and worldwide strongest cryptocurrency on the market based on a decentrally organized booking system. Payments are cryptographically legitimized (digital signature) and processed via a computer network of equal computers (peer-to-peer). Unlike in the traditional banking system, a transaction with Bitcoin corresponds to settlement between the parties involved. Proofs of ownersh...
Cardano is a blockchain-based project in the field of cryptocurrencies launched by Ethereum co-founder Charles Hoskinson. The objective is to scientifically research known difficulties of previous blockchain projects and offer solutions. Launched in 2015, the project aims to create a decentralized platform for complex, programmable transfers of value and smart contracts with scalability and securi...
Ethereum is an open-source distributed system that offers the creation, management and execution of programs or contracts (smart contracts) in its own blockchain. It thus represents a counter-design to the classic client-server architecture. Ethereum uses the internal unit Ether (abbreviated with ETH, symbol: Ξ) as a means of payment for transaction processing on a blockchain, which is handled by ...
Ripple is an open-source payment network protocol based on an idea by web developer Ryan Fugger, businessman Chris Larsen, and programmer Jed McCaleb. It is being further developed by Ripple Labs. In its final stage of development, Ripple is intended to be a distributed peer-to-peer payment method as well as a foreign exchange market. The Ripple network supports any currency (dollar, euro, yen, bi...
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