Tuesday, 19 May 2020

Some Major players in Cryptocurrency- Part 3

1.Namecoin - Namecoin  is a cryptocurrency that is mined with bitcoin software as bonus. It is based on the code of bitcoin and uses the same proof-of-work algorithm. Like bitcoin, it is limited to 21 million coins.


2.Peercoin -       Peercoin is an alternative cryptocurrency launched in August 2012 and is based on the Bitcoin framework. Peercoin is also referred to as PPCoin, Peer-to-Peer Coin and P2P Coin. It is one of the leading cryptocurrencies in terms of market capitalization.
    

3.Dogecoin-    Dogecoin is a decentralized, peer-to-peer digital currency that enables you to easily send money online. Think of it as "the internet currency."

      


4.Gridcoin-  Gridcoin is a cryptocurrency which rewards volunteer distributed computation performed on the BOINC platform on top of Proof of Stake.


5.Nxt-    Nxt is the first pure proof-of-stake blockchain and a "second generation" of cryptocurrency designed to expand the use of blockchain technology beyond the simple transfer of value. Soon after Bitcoin launched, it became apparent that the advantages of this revolutionary technology could be applicable in a variety of cases where transparency, immutability and disintermediation is of utmost importance. Nxt was a pioneer in exploring these capabilities.

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