10 Types of Virtual Currency

10 Types of Virtual Currency 1.Gambit
Gambit is an altcoin token designed for the trading community. Gambit was released in March 2015. Gambit offers cryptococcal trading, hedging, and asset acquisitions. Gambit has a market capitalization of $ 130 billion. Gambit intends to continue derivating bitcoin trading pairs with markets that may be influenced by external factors such as business, assets, and income-generating community engagement. 2.Bitcoin
Bitcoin is the first virtual currency and the one that started it all. This currency was introduced in 2009 by its maker Sathosi Nakamoto. Bitcoin currently has the largest market capitalization to date of about $ 67 billion. People usually before using others, they start off using bitcoin. This is because bitcoin has a great reputation, all other virtual currencies are also called 'altcoins' (this alternative coin because they are alternatives from Bitcoin). 3.Ethereum
Ether is the virtual currency for Ethereum. A decentralized platform that can execute peer-to-peer. September 2016 Ethereum split into 2 is Ethereum (ETH) and Ethereum Classic (ETC). Ether was created by Vitalik Buterin and released mid 2016. This digital currency platform is marketed as "next generation cryptocurrency and decentralized application platform" and has a market capitalization of $ 28 billion. Eereereum is known for its ability to make payments using Peer-to-peer methods without the use of third parties. 4.Citcoin
CashBitcoin Cash is a split from Bitcoin with protocol upgrades to improve the chain capacity. If Bitcoin Cash gets most of the Proof of Work then it becomes Bitcoin de facto. It will be Bitcoin without Segregated Witness (SegWit) as a gentle fork, where protocol upgrades are primarily through hard forks, without changing Bitcoin's economic rules. Bitcoincash has a market capitalization of $ 11 billion. Bitcoin Cash will be a fork of blockchain Bitcoin, one-to-one. 5.Ripple
The fifth virtual currency is Ripple's name. Ripple is a virtual currency commonly used in currency exchange as well as money transfer networks. Introduced in 2012. The market capitalization is currently $ 6 billion. Ripple has been integrated into several banks as well as payment networks with the goal of reducing costs. Strong focus on banking and real-time market settlement. 6.IOTA
As Internet-of-Things evolves, the need for interoperability and sharing of resources becomes a necessity. IOTA enables companies to explore new business-2-business models by making each technology source a potential service for trading on the open market in real time, at no cost. The IOTA market capitalization is $ 2 billion. 7.Litecoin
Litecoin was launched in October 2011 by a former Google employee named Charles Lee for an alternative to Bitcoin. Just like bitcoin, litecoin is also mined, used as a currency and can be traded for goods and services. At the moment it has a market capitalization of about $ 2.4 billion. He is known for being an alternative to Bitcoin and most similar to Bitcoin.
8.NEM
NEM is a crypto peer-to-peer platform. It's written in Java and JavaScript with 100% original source code. NEM has a stated purpose with a broad distribution model and has introduced new features in blockchain technology in its proof-of-importance (POI) algorithm. NEM also features an integrated P2P secure and encrypted messaging system, multisignature account and Eigentrust ++ reputation system.NEM has been through extensive open alpha testing from June 25, 2014, followed by a long and comprehensive beta test from October 20, 2014 Currently NEM has a market capitalization of $ 2.2 billion.
9.Neo
NEO, formerly Antshares, is the first open source blockchain in China. Established in 2014, NEO's mission is to rediscover how trading is done. Technology encourages progress and together can create the future. Motivating this, NEO was created to shift the traditional economy into a new era of Smart Economy. NEO has a market capitalization of $ 2 billion.
10.Dash
Dash is a cryptocurrency that focuses strongly on privacy issues (using anonymization technology) and speed (transactions). It is ranked sixth in the list and has a market capitalization of $ 1.7 billion. Efforts in making cryptocurrency more user-friendly. You can use Dash in merchants who can accept it.