What is Lisk (LSK)?

Lisk is a decentralized network such as Bitcoin, Nxt, or BitShares. It doesn’t utilize Proof of Work like Bitcoin, or Proof of Stake like Nxt.

Lisk uses a simplified implementation of BitShares’ original consensus algorithm called Delegated Proof of Stake. That means every LSK holder can vote for mainchain delegates which are securing the network. There are only a maximum of 101 active mainchain delegates which always got the most votes on the whole network, and only they can earn block generation rewards, that means there is a financial incentive to become an active delegate. Every other delegate is on standby awaiting to become elected, or alternatively, securing a Lisk sidechain.

A cryptocurrency

Lisk is a cryptocurrency and its token is called LSK. To send LSK from one account to another takes 10 seconds, after about 1–2 minutes the transaction can be deemed immutable.

A framework

The Lisk App SDK is a framework to deploy your own sidechains and develop blockchain applications on top of them. Everything is written in JavaScript. That means you can develop platform independent social networks, messengers, games, financial applications, prediction markets, exchanges, storage platforms, contract execution platforms, sharing economies, online shops, IoT applications, and much more on your own blockchain, fully decentralized, and without the hassle of complicated consensus protocols or P2P networking algorithms.

What is Zcash (ZEC)?

Zcash (ZEC) is another Crypto currency like bitcoin but with a few different features. 

Like Bitcoin it is based on a decentralised blockchain but allows for anonymity behind transaction amounts and parties involved. In Bitcoin if you know someone's address you can follow their transactions and you can see which all the addresses and their transaction amounts - so its quite clear how much money is moving around, with ZCash all the information is encrypted.

What is Siacoin (SC)?

What is Sia? Basically storage — think dropbox, google drive, etc.

The shtick is that it is decentralized, encrypted, peer to peer storage — although, no one party is holding the information you are storing — it is encrypted, multiplied, chopped into little bits, and then all those little bits are sent around to a bunch of different hosts. When you want access to your file, the appropriate bits are recompiled and you get your file. Think of your file as being in a T-1000 type state.

By building the framework and outsourcing the storage to anyone with a hard drive and an internet connection Sia has reduced overhead dramatically and can charge a much lower fee. They multiply the bits in case a node holding a piece of your file happens to be offline (even though they are incentivized not to be).

What is EthereumClassic (ETC)?

Ethereum Classic is an open-source, public, blockchain-based distributed computing platform featuring smart contract (scripting) functionality.

The Ethereum platform has been forked into two versions: "Ethereum Classic" (ETC) and "Ethereum" (ETH). Prior to the fork, the token had been called Ethereum.

The majority of the Ethereum community at that time supported the hard fork. But a minority of users were against the hard fork, so they continued on the old blockchain and called themselves “Ethereum Classic”.

Ethereum Classic’s blockchain is the same in every way with Ethereum’s until Block 192000, where the hard fork was applied.

Ethereum Classic (ETC) is also a decentralized programmable blockchain like Ethereum. And like ETH, ETC is traded on exchanges and offers the same functionality of decentralized apps and smart contracts as Ethereum (ETH). It also has the same smart contracts language called Solidity.

ETC is basically the same as ETH.

What is Dogecoin (DOGE)?

Set up in 2013 by Jackson Palmer and Billy Markus, Dogecoin was inspired by the then-popular Shiba Inu “Doge” internet meme. 

It was initially introduced as a parody currency but quickly gained a cult following and has since soared in value. 

The Dogecoin website describes the currency as a “decentralised, peer-to-peer digital currency that enables you to easily send money online.”

Dogecoin is a fun, new and rapidly growing form of digital currency.

“This form of digital currency is called ‘cryptocurrency’; a type of digital currency. Cryptocurrency is completely anonymous, decentralised, and extremely secure.

“Dogecoin is used with a wallet on your computer, your smartphone, or a website.

“You can use it to buy goods and services, or trade it for other currencies - both other cryptocurrencies or traditional currency like US dollars or Euros.

What is BitcoinCash (BCH)?

Bitcoin Cash (BCH) is a hard fork of the cryptocurrency bitcoin.

The bitcoin scalability debate led to the hard fork on August 1, 2017, which resulted in the creation of a new blockchain. The stated goal of the fork was to increase the number of transactions its ledger can process by increasing the block size limit to eight megabytes.

Driven by fast transactions and low fees, Bitcoin Cash has rapidly become one of the most valuable cryptocurrencies in the world. Here’s why.

In an effort to improve the efficiency of transactions, Bitcoin Cash broke off from the original bitcoin network on 1 August 2017. Bitcoin Cash aims to take bitcoin in a new direction geared towards faster transaction speeds and lower fees.


What is Bitcoin Cash?

Built upon the bitcoin model, Bitcoin Cash is a digital currency that is:

  • Decentralised. The network is spread out across many different computers all over the world.
  • Peer-to-Peer. Person A can send Bitcoin Cash directly to Person B from anywhere in the world without needing an intermediary, like a bank.
  • Secure. Bitcoin Cash uses strong encryption to prevent hacking, fraud and cyber attacks.
  • Open. The history of all Bitcoin Cash transactions is logged on a publicly accessible blockchain that can be viewed and verified by anyone.

How is Bitcoin Cash different from bitcoin?

Bitcoin Cash was created as a result of diverging viewpoints within the bitcoin community about how to scale the network. As more people began to use bitcoin, the network struggled to keep up with the volume of transactions. As a result, many bitcoin users were waiting hours, sometimes days, before seeing their transactions go through.

There was a lot of debate around how to solve this problem that led to a split between two groups with opposing viewpoints: those in favour of increasing the size of blocks in the blockchain versus those in favour of restructuring the way data was stored in the existing blocks.

The Hard Fork

To make transaction speeds faster, one group within the bitcoin community wanted to increase the size of blocks on the bitcoin blockchain. This group, consisting primarily of bitcoin miners, could not get enough support from the larger bitcoin community to form the consensus needed to move bitcoin in this direction. As a result, this group split off (or “hard-forked”) from the original bitcoin blockchain and formed Bitcoin Cash as a new currency.

Bitcoin Cash recognises the same blockchain as bitcoin up until the time of the fork, 1 August 2017. After the fork, Bitcoin Cash transactions started to be recorded on a new blockchain, specific to Bitcoin Cash, while bitcoin continued to maintain the original bitcoin blockchain.

What does Bitcoin Cash do differently?

The biggest difference between bitcoin and Bitcoin Cash has to do with the size of blocks on the blockchain. By increasing block size from bitcoin’s 1MB up to 8MB, Bitcoin Cash allows many more transactions to be processed in one block. The idea is to process larger transaction volumes faster and for lower fees.

Another significant difference between the two currencies is that the level of difficulty involved in mining Bitcoin Cash varies depending on how many miners are active on the network. Many bitcoin miners have migrated over to Bitcoin Cash for this reason, because it allows them to generate larger profits at a faster rate than mining bitcoin.

Where can I use Bitcoin Cash as payment?

Many cryptocurrency exchanges have taken steps to integrate Bitcoin Cash, and it’s possible that merchants will begin to follow suit as the currency continues to grow. For those looking to use cryptocurrency to buy goods and services, Bitcoin Cash is not currently accepted by most vendors, including many of those that do accept bitcoin.

How to get Bitcoin Cash

There are a few ways to get your hands on some BCH.

  • You might already have some. If you owned bitcoin before the 1 August fork, you might already have Bitcoin Cash. Any bitcoin holdings you had prior to the split, unless they were kept on an exchange, can also be claimed as Bitcoin Cash. The same private keys associated with your bitcoin wallet can be used to access equal holdings in Bitcoin Cash.
  • Buy from an exchange. Initially, many of the most prominent exchanges in the US were hesitant to support Bitcoin Cash. However, due to an increase in value and consumer demand more and more exchanges are beginning to open their doors to this new currency.

What is Monero (XMR)?

Monero (XMR) is an open-source cryptocurrency created in April 2014 that focuses on privacy and decentralization that runs on Windows, macOS, Linux, Android, and FreeBSD.

Monero uses a public ledger to record transactions while new units are created through a process called mining. Monero aims to improve on existing cryptocurrency design by obscuring sender, recipient and amount of every transaction made as well as making the mining process more egalitarian.

The focus on privacy has attracted illicit use by people interested in evading law enforcement. The egalitarian mining process made it viable to distribute the mining effort opening new funding avenues for both legitimate online publishers and malicious hackers who covertly embed the mining code into websites and apps.

What is NEM (XEM)?

What kind of virtual currency is this?

NEM: It’s a decentralized blockchain-based peer-to-peer network on which third parties can build their own applications, including cryptocurrencies and crowdfunding tokens. NEM offers both public and private (Mijin) blockchains.

 What is this virtual currency primarily used for?

NEM's next-gen blockchain also boasts a number of additional advantages over Bitcoin and its ilk, including:

Scaling: NEM is significantly more scalable than Bitcoin. While the NEM blockchain can complete up to 3,000 transactions per second, the Bitcoin network averages about four transactions per second.

Messaging: NEM has a messaging feature that you can use to add messages to your transactions. Messages take about 17 seconds to show up and they currently cost one additional XEM per 15 characters, meaning that 140 characters would cost about 10 NEM or $0.10 to send.

Privacy: Unlike some other cryptocurrencies, NEM does not offer private transactions. All transactions are traceable. While this may seem like a disadvantage, it allows for buyer and seller protection. More importantly, it allows businesses to track consumer spending habits, increasing NEM's value proposition for enterprise clients.

Mosaics: NEM Mosaics are basically assets that can be traded on the NEM blockchain. NEM's native currency, XEM, is a mosaic, but developers can create their own Mosaics, including cryptocurrencies, and run them through NEM's blockchain.

Multi-signature Accounts: The standard NEM wallet comes with multi-signature feature that requires multiple people to approve a transaction. This improves security, transparency and accountability. Currently, it costs about 0.5 #XEM to set up a multi-signature wallet on NEM.

Updates: Virtually any member of the NEM network, including everyday users of the platform, community members and developers, can suggest developments and updates. Development is paid for via a fund created during the creation of NEM. Other funding sources include community funding, investors, and people with large stakes in XEM who want to improve the network in hopes of growing their XEM value. (Source: https://coinreviews.io/nem-review/ )

– When was this virtual currency first introduced?

NEM: March 31, 2015

– What is this virtual currency’s most recent market cap?

NEM: $7,736,084,999 USD ( https://coinmarketcap.com/currencies/nem/ )

– What is the history of this virtual currency?

NEM (XEM), which stands for New Economy Movement, is a decentralised cryptocurrency launched in March 2015. Inspired by the Nxt project, it was written from scratch in Java. The most interesting features of the cryptocurrency include its proof-of-importance (POI) algorithm (with the level of importance determined by how many coins a wallet stores and the number of transactions made to and from the wallet), an integrated P2P-secure multi-signature account and encrypted messaging system, and an Eigentrust++ reputation system which evaluates the quality of each client's contribution to maintain the network. NEM uses a client–server model where the NIS (NEM Infrastructure Server) runs independent of the NCC (NEM Community Client); the client is designed to run locally, in a web browser. (Source: http://cryptocoin.cc/table.php?cryptocoin=nem )

What is IOTA (MIOTA)?

– What kind of virtual currency is this?

IOTA is a cryptocurrency that has no transaction fees and requires no miners in order to process transactions. It does, however, require some computational power to submit a transaction, making it perfect for machines to use as a currency and distributed communication protocol for the Internet of Things “IoT”.

– What is this virtual currency primarily used for?

IOTA: The main purpose of IOTA is to solve some of the major problems with Blockchain technology, the main one being that the bigger the Blockchain (such as Bitcoin), the slower, more expensive, and also more restricting it is to actually transfer funds.Another issue with the Blockchain is size, as more and more Blocks are added, the longer the Blockchain gets, and therefore the less amount of computers are able to mine it. Right now BTC is over 150GB long, and so is ETH. If this size increased tenfold, very few computers would be able to mine it at all. Making them relatively centralized (the top 2 Bitcoin mining pools own about 56% of hashing power). (Source: https://hackernoon.com/iota-coin-review-6a1c73c5cfa3 )

– When was this virtual currency first introduced?

IOTA: November 27, 2016

– What is this virtual currency’s most recent market cap?

IOTA: $6,572,699,670 USD ( https://coinmarketcap.com/currencies/iota/ )

– What is the history of this virtual currency?

IOTA (IOT) is an open-source cryptocurrency created for the project of the same name, a project attempting to build a distributed ledger for the Internet of Things. Unlike most other cryptocurrencies, which use blockchains to record transactions, IOTA has developed a new distributed ledger architecture called "Tangle" which introduces a blockchainless way of reaching consensus in a decentralised peer-to-peer system. IOTA's software is able to process transaction without any fees, thus providing a perfect platform for micropayments. Its JavaScript-based wallet client is designed to be as simple and lightweight as possible. (Source: http://cryptocoin.cc/table.php?cryptocoin=iota )

What is Bytecoin (BCN)?

– What is this virtual currency’s most recent market cap?

Bytecoin: $1,081,051,001 USD (Source: https://coinmarketcap.com/currencies/bytecoin-bcn/ )

– What is this virtual currency’s most recent market cap?

Bytecoin: $1,081,051,001 USD (Source: https://coinmarketcap.com/currencies/bytecoin-bcn/ )

– What kind of virtual currency is this?

Bytecoin is a decentralised, anonymous cryptocurrency written from scratch based on the CryptoNote technology, with an open source code designed for anonymous cash settlement. This is a completely independent currency, developing separately from Bitcoin and its forks.

– What is this virtual currency primarily used for?

Bytecoin: Bytecoin protects the user's privacy with impassive and anonymous transactions. a) Fee-free instant international payments: The Bytecoin network works as fast as the internet. Your payments will take a little bit of time to process, as payments require cryptographic confirmation. Bytecoin claims transactions are processed in about 2 minutes. b)Security: Bytecoin “protects user’s money with the most secure and modern cryptographic algorithms” that “are impossible to hack”. The makers of Bytecoin claim that hacking the currency “would require immense amount of expensive electricity and computational power of a supercomputer”. For that reason, you’re the only one who can access your wallet. c) Safe private data: Bytecoin claims that it’s “totally impossible to get information about your financial operations and wallet balance” unless you choose to reveal that information. Only you can manage information that your business partners and third parties will see. (Source: https://bitcoinexchangeguide.com/bytecoin/ )

– When was this virtual currency first introduced?

Bytecoin: July 4, 2012.

– What is the history of this virtual currency?

Bytecoin (BCN) is a decentralised, anonymous cryptocurrency written from scratch and launched in July 2012. Its concept is based on the CryptoNote technology which focuses on privacy and anonymity of transactions. It comes with a number of unique features, such as ring signatures to make payments untraceable, an exchange protocol to make transactions unlinkable, and several others. Some other interesting features of the cryptocurrency include "egalitarian" proof-of-work mechanism and an analysis-resistant blockchain. Bytecoin is designed to be easily mined on an average personal computer while being resistant to mining with specialised ASIC hardware. The Bytecoin software is available in two variants - as a Bytecoin reference client that uses a command-line interface to manage transactions and to mine coins, or a Bytecoin wallet with an easy-to-use an intuitive graphical user interface. (Source: http://cryptocoin.cc/table.php?cryptocoin=bytecoin )

What is BitcoinGold (BTG)?

– What kind of virtual currency is this?

BitcoinGold is an alternate fork of the Bitcoin blockchain that implements changes that make mining more equitable.

– What is this virtual currency primarily used for?

Bitcoin Gold: The goal for Bitcoin Gold is to create a network where anyone can become a miner with only basic hardware. As a result, Bitcoin Gold mining would be spread among many miners, instead of a few large companies. The current, ASIC-driven Bitcoin blockchain uses a hashing algorithm known as SHA-256 for its proof of work. The founders of Bitcoin Gold propose changing that algorithm to another known as Equihash. ( Source: https://coincentral.com/what-is-bitcoin-gold/ )

– When was this virtual currency first introduced?

BitcoinGold: November 12, 2017

– What is this virtual currency’s most recent market cap?

BitcoinGold: $3,039,615,421 USD ( https://coinmarketcap.com/currencies/bitcoin-gold/ )

– What is the history of this virtual currency?

BitcoinGold (BTG) was launched on 12 November 2017 by hard-forking the original Bitcoin (BTC) blockchain at block number 491,407 and switching to a new proof-of-work algorithm (Equihash). This has created a bifurcation of the Bitcoin blockchain. The original Bitcoin blockchain continues on unaltered, but a new branch of the blockchain has split off from the original chain. This new branch is a distinct blockchain with the same transaction history as Bitcoin up until the fork, but then diverges from it. As a result of this process, a new cryptocurrency was born. The purpose of Bitcoin Gold is to make Bitcoin mining decentralised and available to anybody; this is in contrast to Bitcoin (BTC) mining which has been dominated by large mining farms running highly specialised equipment. (Source: http://cryptocoin.cc/table.php?cryptocoin=bitcoingold )

What is SuperBitcoin (SBTC)?

– What kind of virtual currency is this?

SuperBitcoin is an alternate fork of the Bitcoin blockchain that implements changes that Support Turing-complete smart contracts to enable more functionality.

– What is this virtual currency primarily used for?


  • The introduction of Smart Contracts, similar to the way the Ethereum cryptocurrency is using on its blockchain.
  • Lightening Network for fast and low-cost transactions.
  • Zero-knowledge proofs to maintain complete anonymity. The Z-Cash crypto currency also has this principle.
  • Larger blocks than currently planned in the Bitcoin community. The maximum size is 1MB. (For example, Bitcoin Cash offers a block size of 8MB) (https://captainaltcoin.com/what-is-super-bitcoin-sbtc/ )

– When was this virtual currency first introduced?

Super Bitcoin: December 12, 2017

– What is this virtual currency’s most recent market cap?

Super Bitcoin: $3,439,760 USD [Volume (24h)] ( https://coinmarketcap.com/currencies/super-bitcoin/ )

– What is the history of this virtual currency?

Super Bitcoin: The year 2017 has produced many different versions of Bitcoin, each with its own unique features, aspects, and goals. Super Bitcoin went live a few days ago when the Bitcoin network discovered block 498,888, allowing exchanges to begin issuing this currency to holders of Bitcoin. OKEx, Huobi Pro, Coinut, CEX.com and a few others have all (allegedly) pledged support for this hard fork, although it remains to be seen if they will enable trading before the last year 2017 was over. (Source: https://themerkle.com/what-is-super-bitcoin/ )

What is SegWit2X (B2X)?

– What kind of virtual currency is this?

Segwit2X is an alternate fork of the Bitcoin blockchain, a modification of the bitcoin software run by network participants and that enforces the protocol rules. In this case, Segwit2x's code is called BTC1.

– What is this virtual currency primarily used for?

Segwit2X: To upgrade Bitcoin blocks size from 1 MB to 2MB blocks, as Segregated Witness support has been locked-in as a soft fork expected to activate around August 23 2017 (block height 481,824). Bitcoin clients that are not currently SegWit-compatible and wish to benefit from the new type of transaction must perform extensive upgrades to various subsystems, including changes to transaction serialization, signature hash computation, block weight calculation, scripting engine, block validation, a new address scheme, and P2P protocol upgrades. (Source: https://segwit2x.github.io/segwit2x-announce.html )

– When was this virtual currency first introduced?

Segwit2X: December 28, 2017

– What is this virtual currency’s most recent market cap?

Segwit2X: $1,226,740 USD [Volume (24h)] ( https://coinmarketcap.com/currencies/segwit2x/ )

– What is the history of this virtual currency?

Segwit2X: One would expect that a project is named “Segwit2x” should be the same project from November having the same core team members and plans. Well, the fact is that the new segwit2x is a totally different thing. While on their website they do claim that they are “refining the classic segwit2x”, this new segwit2x looks really different from what it was in November. All of this leads me to the thought that this new project has little to do with the segwit2x from November. According to the team, segwit2x is a backward-incompatible fork. This means that a new altcoin(B2X or S2X) will be formed; the altcoin will have up to 4MB blocks, segwit support and protection against repeated transactions. (Source: http://1stminingrig.com/know-upcoming-segwit2x-fork/ )

What is NEO (NEO)?

– What kind of virtual currency is this?

NEO is the first decentralized platform, based on open source cryptocurrency and blockchain platform established in China. It is very popular in China. It used to be called as Antshares. After that, they changed the name. with this, they also changed the technical criteria also moving towards the smart contracts.

– What is this virtual currency primarily used for?

NEO is a platform which supports smart-contracts and has been referred to as the “Chinese Ethereum” as it provides similar functionality, including support for DAPPS and ICOs. While similar to Ethereum in some regards, it stands out in the fact that you can code with most languages such as JAVA, C/C# and GO for it, while with Ethereum you have to use their own Solidity language. Ethereum has already proven that there is a specific need for a platform which allows smart contracts and ICOs and the fact that NEO allows people to code for it in many languages removes the barrier to entry of having to learn a new language to do so, this opens up the pool of developers significantly. (Source: https://blockonomi.com/neo-guide/ )

– When was this virtual currency first introduced?

NEO: August 14, 2014

– What is this virtual currency’s most recent market cap?

NEO: $8,935,095,000 USD  ( https://coinmarketcap.com/currencies/neo/ )

What is Factom (FCT)

– What kind of virtual currency is this?

Factom is a distributed, decentralized protocol running on top of Bitcoin. That means nobody controls it, that it is software that people all over the world run to make the protocol work. The software is open source, and anyone is free to use it for any purpose. Factom gives developers the tools to build a new generation of applications that use blockchain technology. The blockchain stores all the transactions in the Bitcoin network.

– What is this virtual currency primarily used for?

Factom is the first usable blockchain technology to solve real-world business problems by providing an unalterable record-keeping system. By creating a data layer on top of the Bitcoin blockchain, Factom’s distributed ledger technology secures millions of real-time records in the blockchain with a single hash using cryptographic isolation. Businesses and governments alike are using Factom to document their information so that it cannot be modified, deleted or backdated. Factom’s technology decentralizes record keeping by ensuring that the integrity of stored data remains intact, providing complete transparency, while at the same time maintaining user privacy in an increasingly digital world. (Source: https://www.weusecoins.com/what-is-factom/ )

– When was this virtual currency first introduced?

Factom: Sep 1, 2015.

– What is this virtual currency’s most recent market cap?

Factom: $373,953,679 USD (Source: https://coinmarketcap.com/currencies/factom/ )

– What is the history of this virtual currency?

Factom (FCT) is a decentralised, open-source cryptocurrency platform launched in September 2015. Unlike Bitcoin whose blockchain is used for currency transactions only, Factom comes with an enhanced blockchain that allows anyone to add new entries to the blockchain, including contracts and agreements in the form of scripts and applications. In other words, Factom creates an additional data layer (a record-keeping system) on top of the blockchain. As an incentive to maintain the network and to distribute the blockchain, Factom issues "factoids", or tokens that can be traded on cryptocurrency exchanges. (Source: http://cryptocoin.cc/table.php?cryptocoin=factom )

What is DigiByte (DGB)?

– What kind of virtual currency is this?

DigiByte is a decentralised, open-source cryptocurrency and payment network launched in January 2014 as a fork of Bitcoin. It’s a public, decentralized blockchain that is up to 40x faster than Bitcoin.

– What is this virtual currency primarily used for?

Although DigiByte is based on Bitcoin, adjustments in the code allow for improved functionality, including 15-second block time and improved security. Integration of DigiByte into several MMORPGs (massively multiplayer online role playing games) and inclusion into gaming developer houses such as Nintendo means that DigiByte could soon be used by players to actually earn real digital currency as they play in real time. Salient Features of DigiByte: a) Security: Years of bolstering the backend infrastructure makes DigiByte a safe and secure transactional currency. b)Transparency: When you are opting for DigiByte, you are not alone. Many industries and applications, including the gaming houses have put their faith in this global ledger. c) Efficiency: The DigiByte blockchain offers superior speed, scalability and security to enhance efficiency as compared to other alternative currencies, making it one of the best options. (Source: https://icoinblog.com/digibyte-strong-alternative-bitcoin/ )

– When was this virtual currency first introduced?

DigiByte: January 20th, 2014.

– What is this virtual currency’s most recent market cap?

DigiByte: $478,506,725 USD (Source: https://coinmarketcap.com/currencies/digibyte/ )

– What is the history of this virtual currency?

DigiByte (DGB) is a decentralised, open-source cryptocurrency and payment network launched in January 2014 as a fork of Bitcoin. Compared to its parent, DigiByte uses five highly advanced cryptographic algorithms, it provides faster transaction times with full confirmations every 3 minutes, and it can handle up to 140 transactions per second. The project plans to supply a total of 21 billion coins over 21 years. (Source: http://cryptocoin.cc/table.php?cryptocoin=digibyte )

What is Clubcoin (CLUB)?

Clubcoin is a peer-to-peer digital currency that has a decentralized and consensus based system where all transactions are viewed in a public ledger. Which means nobody has control and everything is completely transparent to everyone on the network.

This type of distributed network allows the coin to function without having to trust anyone. The concept of all digital currency is taking the control out of a central authority and putting it where it belongs... In the hands of the people!

With Clubcoin you can transfer money between accounts with ease. You can send any amount to any other person and they will receive it fast and be able to spend it once the transaction is confirmed by the network. (Source: http://clubcoin.co/ )

What is BitShares (BTS)?

– What is this virtual currency’s most recent market cap?

BitShares: $805,730,926 USD (Source: https://coinmarketcap.com/currencies/bitshares/ )

– What kind of virtual currency is this?

BitShares: It’s an open-source, public, blockchain-based, real-time financial platform, as used by Bitcoin.

– What is this virtual currency primarily used for?

BitShares: It provides a decentralised asset exchange – similar to NYSE but for cryptocurrencies and without the need to trust a central authority to handle all the funds – that facilitates trading using an international network of computers, in which anyone can take part. BitShares also provides a cryptocurrency token called "BTS", which can be transferred between accounts and is used to collect fees for network operations and as a collateral for loans. (Source: https://en.wikipedia.org/wiki/BitShares )

– When was this virtual currency first introduced?

BitShares: June 1, 2012.

– What is the history of this virtual currency?

BitShares: BitShares (BTS) is a brand of open-source software based on the as blockchain technology as used by Bitcoin. Unlike bitcoins, which do not produce any income for their owners, BitShare can be used to launch Decentralized Autonomous Companies (DACs) which issue shares, produce profits and distribute profits to shareholders. As such, BitShares is about making profitable companies that people want to own shares in, thus creating return for the shareholders. The first DAC launched by this proces was called BitSharesX, a decentralized asset exchange based in Hong Kong. BitShares was originally launched under the name of ProtoShares (PTS); it was later renamed to BitShares (PTS) and "reloaded" in November 2014 by merging several products into BitShares (BTS). (Source: http://cryptocoin.cc/table.php?cryptocoin=bitshares )

What is Ripple (XRP)?

Ripple (XRP) is being used by 100+ BANKs Worldwide.,

Ripple is a real-time gross settlement system (RTGS), currency exchange and remittance network by Ripple. Also called the Ripple Transaction Protocol (RTXP) or Ripple protocol, it is built upon a distributed open source Internet protocol, consensus ledger and native cryptocurrency called XRP (ripples).

Ripple is used on a network blockchain technology to connect banks, payment providers and digital asset exchanges via its own ‘RippleNet’. Ripple aims to provide an incredibly cheap and frictionless experience to facilitate cross border transactions for a multitude of different currencies and assets, making it potentially one of the most scalable digital assets in the world today.

Here is a list of banks that used Ripple https://ripple.com/solutions/

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Upon that, when you login via mobile app, goto "Verify Profile".

  1. You can scan your AADHAR card
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As the Ethereum platform grows, more and more intelligent applications (smart contracts) will be built on top of it. 

 We want to give you the opportunity to start using ether now, so you'll be ready to use these products in the future.


Ether is a digital currency, just like Bitcoin, it enables people around the world to send/transact, save, and hedge their way to a better financial future.

In addition to sending value, ether also powers the Ethereum platform.

What is Transaction Fees?

Transaction fees are used for sending bitcoins from Bitcoin wallet address to another Bitcoin wallet address.

To assure your transaction is confirmed by the network, we automatically include the appropriate fee based on the network standards and size of your transaction.

What is Dash (DASH)?

Dash (DASH) is a decentralised, open-source, digital cryptocurrency project forked from Litecoin in January 2014. 

Compared to Litecoin, Dash offers stronger transaction privacy and anonymity, while its software is more resistant to mining with specialist hardware. Better privacy is achieved through a technology called Darksend, a coin-mixing service that combines identical inputs from multiple users into a single transaction with several outputs which obfuscates the flow of funds. Dash has also developed and implemented a hashing algorithm called X11 which uses a sequence of 11 rounds of hashing for its proof-of-work consensus mechanism. To adjust mining difficulty over time, Dash uses an algorithm called Dark Gravity Wave, also developed in-house. The cryptocurrency project was formerly known as Darkcoin (DRK), but it was rebranded to Dash in March 2014.

  • Date of Launch: 2014-01-19
  • Forked from: Litecoin
  • Total Number of Coins: 22,000,000
  • Consensus Mechanism: Proof-of-Work
  • Hashing Algorithm: x11
  • Supported Platforms: Linux, macOS, Windows
  • Status: Healthy
  • Popularity: 37 (9.6 hits per day)

What is Litecoin (LTC)?

Litecoin (LTC or Ł) is a peer-to-peer cryptocurrency and open source software project released under the MIT/X11 license. Inspired by and technically nearly identical to bitcoin (BTC), Litecoin creation and transfer is based on an open source protocol and is not managed by any central authority.

Litecoin (LTC or Ł) is a peer-to-peer cryptocurrency and open source software project released under the MIT/X11 license. Inspired by and technically nearly identical to bitcoin (BTC), Litecoin creation and transfer is based on an open source protocol and is not managed by any central authority.

After Bitcoin, Ethereum and Ripple, Litecoin is the fourth-largest true cryptocurrency by market capitalization.

What is Ethereum (ETH)?

Ethereum is a decentralized platform that runs smart contracts: applications that run exactly as programmed without any possibility of downtime, censorship, fraud or third party interference.

Ethereum is an open-source, public, blockchain-based distributed computing platform featuring smart contract (scripting) functionality. It provides a decentralized Turing-complete virtual machine, the Ethereum Virtual Machine (EVM), which can execute scripts using an international network of public nodes. Ethereum also provides a cryptocurrency token called "ether", which can be transferred between participants and is used to compensate participant nodes for computations performed. Gas, an internal transaction pricing mechanism, is used to prevent spam on the network and allocate resources proportionally to the incentive offered by the request

What is Bitcoin (BTC)?

It is a virtual payment network with no centralised company or organisation.

While in the real world currencies are governed by a nation’s central bank such as The Federal Reserve in America or the UK’s Bank of England, Bitcoin has no central power. This belongs to the people who use it. It’s a digital currency, so there are no actual coins, bills or cheques.

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