Ever since Bitcoin, the world’s first cryptocurrency, was engineered by the enigmatic Satoshi Nakamoto and released in 2009, the world has been fascinated by the promise behind the idea of fully decentralized money.
And it’s hardly a secret why – these kinds of currencies function on a peer-to-peer level, have no central authority taxing spenders, and are revolutionary safe, a courtesy of the blockchain technology used to run them.
Unsurprisingly, over the course of the last 10 years since Bitcoin came out, the promise behind decentralized financial systems inspired a lot of developers to create their own crypto environments. Follow these simple steps to start your Bitcoin or Cryptocurrency exchange business.
If you’re having trouble understanding the way cryptos work, this is the likely reason why – there are so many different currencies out there and, while all of them employ blockchains as a core framework, each individual crypto has its own set of characteristics that differs it from all the rest.
Sure, we have reached a point of comfort when it comes to talking about Bitcoin, but that’s where most of us draw the line. Ethereum is also a worthy mention here, but this crypto, of course, has a bit of a different, less public-friendly function as a standard framework for ICOs.
So, since a lot of people would like to get into cryptos and are having trouble getting their heads around them, the team at BitcoinPlay decided to create a resource capable of educating newcomers to the field as well as providing a useful source of information for those already comfortable with digital currencies. See what is the future of Cryptocurrency in India?
The result of the team’s efforts came in the form of the following infographic. It can help you make sense of the crypto market that’s swarming with all kinds of currencies at the moment.
The infographic presents you with a concise analysis of 25 most prominent cryptocurrencies currently ruling the digital world.
As you’re about to see, some cryptocurrencies are, of course, more distinguished than others – which obviously results in highly different price tags, among other things. Nevertheless, every single currency that made it on this list has a reputation among the crypto community and investing in one or more of them may make a lot of sense for you.
Just make sure you’re well-informed before you get your wallet out – and this infographic is certainly a good step towards being prepared for a crypto investment.