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A cryptocurrency
is a digital internet-based, virtual currency medium of
exchange which uses cryptography to secure, conduct and verify
transactions as well as to control the creation of new units of a
particular cryptocurrency. Using the blockchain technology to gain
decentralization and transparency, cryptocurrencies are
limited
block entries in a database with a very secure complex system that
cannot be altered in anyone's favour and if that is to happen the
system will neutralize and protect other transactions.
In the 90's some innovative individuals and companies once created some
digital currencies but due security and loopholes in the systems the
digital currencies failed. In the new millenium, precisely in 2009 an
anonymous developer known as Satoshi Nakamoto created a blockchain
based cryptocurrency known as Bitcoin. This new currency is the leading
currency in the cryptocurrency market in terms of market value, mined
coins, perfomance, stability and more. Bitcoin however has inspired
thousands of other new alternative cryptocurrencies to be created in
the quest to dominate the new age future currency, but out of the
thousands new currencies many of them have failed due to various
reasons as scams, fraud, insecure etc...
Cryptocurrencies are your traditional type of currency known as FIAT,
theycan be traded just as the USD, POUND, EURO, YEN etc.., with a
cryptocurrency you can shop online and also buy goods and services
offline. You can also invest using a cryptocurrency and even keep it in
a savings account to earn interest.
How do you get a cryptocurrency you may ask? Sure, this is a very
important question and to answer I will start from the top using
Bitcoin. So after creating the blockchain and everything needed for
this currency to function, the process of creating a Bitcoin involved
using a computer to start a process called mining to create a coin. So
evry cryptocurrency can only be created by mining using computers, not
the old fashion way of printing paper. Each cryptocurrency has a unique
address that is kept securely in a wallet as the address allows you to
receive and send cryptocurrency to merchants and your peers, to
understand more on wallets go here.
There is now tonnes of information available today on the internet
about cryptocurrencies including information about each cryptocurrency.
I will not be able to put all the necessary information here but I will
let you visit the websites with credible, useful and good information
about cryptocurrencies.
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List Of
Some Active Cryptocurrencies
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Released
in 2009
Released in 2015
Released in 2013
Released in 2014
Released in 2015
Released in 2017
Released in 2014
Released in 2014
Released in 2014
Released in 2014
Released in 2011
Released in 2013
Released in 2017
Released in 2011
Released in 2013
Released in 2015
Released in 2015
Released in 2014 |
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New Cryptocurrencies
| * Zimbocash - Zash
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ZIMBOCASH
(ZASH) Listed On May 19,
2020 On Bithumb Global
ZIMBOCASH (ZASH) is a
decentralised currency for Zimbabwe. The country is in Africa and is
entering its second hyperinflation. With rampant money printing, prices
are rising, stores are emptying and people are desperate for sound
money.
ZIMBOCASH is the solution. It is a cryptocurrency system where the
supply of money is fixed. All Zimbabweans who sign up are allocated
with ZIMBOCASH. Subscribers need to make six transactions to unique
account holders before they can sell their ZIMBOCASH tokens on the
exchange. The goal is to see ordinary Zimbabweans using ZASH to
transact between themselves making reference to a market price.
Total Supply: 4,500,000,000 ZASH
Circulating Supply: 950,000,000 ZASH
Website: www.zimbo.cash
Create Your Account Here
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| * Breezecoin - BRZE |
BREEZECOIN
(BRZE) Listed On
Apr 27,
2020 On Bithumb Global
-Breezecoin is an ERC-20 token
cryptocurrency focused on real estate
& tourism sectors
-Breezecoin has been created by Breeze de Mar, which is originally a
construction and real estate company. The companie´s roots go
back 60 years. The company has more than 20 completed real estate
projects. Breeze de Mar is based in UK, US, Turkey and Germany.
- The main costruction activities are currently in the United States
and in Turkey. Current projects are:
a) Orlando, Florida (US) : Condo Hotel Resort
b) Kumburgaz, Istanbul (Turkey): Condos and shopping
c) Las Vegas, Nevada (US): Hotel Project
d) Kartepe (Turkey): Vacation Resort, time share concept
The total volume of the current projects is about 1 billion US-Dollars.
Total Supply: 200,000,000 BRZE
Circulating Supply: 100,000,000 BRZE
Website：https://breezecoin.io
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| * CACHE Gold - CGT |
CACHE
Gold (CGT) Listed On June 3,
2020 On Bithumb Global
CACHE Gold tokens are fully
regulated, public, transparent, redeemable
Ethereum ERC-20 tokens backed by gold stored in vaults around the
world. Each CACHE Gold token is backed by 1 gram of pure gold. CACHE
provides unparalleled transparency with GramChain® asset
tracking, a revolutionary Proof of Reserve system that enables the
public to view photos and see real-time status updates for each and
every bar backing CACHE Gold. CACHE Gold tokens can be traded on
exchanges, redeemed for physical gold or sold to a network of liquidity
providers for fiat currency.
CACHE Gold is licensed and regulated by the Singapore Ministry of law
and has been granted a license under the Precious Stones and Precious
Metals Dealers Act (PSPM Act). CACHE Gold tokens are only backed by
gold from reputable, trusted refiners such as national mints and
members of the LBMA. CACHE’s underlying gold is stored around
the world in secure vaults operated by Dillon Gage, Brink's, Loomis and
The Safe House
Website: https://cache.gold
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Other
Useful Links On Cryptocurrencies
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