List of cryptocurrencies

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As a new user, you can get started with Bitcoin without understanding the technical details. Once you have installed a Bitcoin wallet on your computer or mobile phone, it will generate your first Bitcoin address and you can create bitcoin encrypted currency whenever you need one.

You can disclose your addresses to your friends so that they can pay you or vice versa. In fact, this is pretty similar to how email works, bitcoin encrypted currency that Bitcoin addresses should only be used once. The block chain is a shared public ledger on which the entire Bitcoin network relies. All confirmed transactions are included in the block chain. This way, Bitcoin wallets can calculate their spendable balance and new transactions can be verified to be spending bitcoins that are actually owned by the spender.

The integrity and the chronological order of the block chain are enforced with cryptography. A transaction is a transfer of value between Bitcoin wallets that gets included in the block chain. Bitcoin wallets keep a secret piece of data called a private key or seed, which is used to sign transactions, bitcoin encrypted currency a mathematical proof that they have come from the owner of the wallet.

The signature also prevents the transaction from being altered by anybody once it bitcoin encrypted currency been issued. All transactions are broadcast between users and usually begin to be confirmed bitcoin encrypted currency the network in the following 10 minutes, through a process called mining.

Mining is a bitcoin encrypted currency consensus system that is used to confirm waiting transactions by including them in the block chain. It enforces a chronological order in the block chain, protects the neutrality of the network, and allows different computers to agree on the state of the system. To be confirmed, transactions must be packed in a block bitcoin encrypted currency fits very strict cryptographic rules that will be verified by the network.

These rules prevent previous blocks from being modified because doing so would invalidate all following blocks. Mining also creates the equivalent of a competitive lottery that prevents any individual from easily adding new blocks consecutively in the block chain.

This way, no individuals can control what is included in the block chain or replace parts of the block chain to roll back their own spends. This is only a very short and concise summary of the system. If you want to get into the details, you can read the bitcoin encrypted currency paper that describes the system's design, read the developer documentationand explore the Bitcoin wiki. How does Bitcoin work? This is a question that often causes confusion. Here's a quick explanation!

The basics for a bitcoin encrypted currency user As a new user, you can get started with Bitcoin without understanding the technical details. Balances - block chain The block chain is a shared public ledger on which the entire Bitcoin network relies. Transactions - private keys A transaction is a transfer of value between Bitcoin wallets that gets included in the block chain. Processing - mining Mining is a distributed consensus system that is used to confirm waiting transactions by including them in the block chain.

Going down the rabbit hole Bitcoin encrypted currency is only a very short and concise summary of the system.

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This is a list of cryptocurrencies. From Wikipedia, the free encyclopedia. Cryptocurrency with the most famous, popular, notable and highest market capitalization. First block chain to support currency creation by interest paid on debt.

Solidus Bond proto smart-contract. One of the first digital coins patented in the US. First block chain to support encrypted mail with attachments. Not based on bitcoin. It is commonly used to convert other cryptocurrencies to USD. Retrieved December 31, A Brief Thematic Review. Economics of Networks Journal. Date accessed August 28, Retrieved January 24, Retrieved January 14, A guide to some other crypto currencies".

Association for Computing Machinery. Retrieved July 24, Accessed December 28, Retrieved December 14, Archived from the original on Retrieved November 14, Retrieved April 9, Retrieved April 11, Using the Blockchain for Good".

Retrieved January 20, Retrieved January 18, Mining Crypto currency with a Purpose". Retrieved January 15, Archived from the original on February 3, Retrieved December 21, The Wall Street Journal.

Retrieved October 13, Retrieved November 13, Retrieved June 18, Retrieved November 18, Grayscale launches digital-currency fund backed by Silver Lake's co-founder Hutchins". Retrieved April 27, Retrieved December 27, Retrieved October 20, Retrieved September 14, February 10, — via GitHub. Retrieved January 11, Retrieved January 13, Ethereum Ethereum Classic KodakCoin. Dogecoin Gulden Litecoin PotCoin. Dash Decred Primecoin Auroracoin.

Proof-of-authority Proof-of-space Proof-of-stake Proof-of-work system. Anonymous Internet banking Bitcoin network Complementary currency Crypto-anarchism Cryptocurrency exchange Digital currency Double-spending Electronic money Initial coin offering Airdrop Virtual currency.

Retrieved from " https: Wikipedia indefinitely semi-protected pages Use mdy dates from January Articles containing potentially dated statements from April All articles containing potentially dated statements. Views Read View source View history. This page was last edited on 7 May , at By using this site, you agree to the Terms of Use and Privacy Policy.

Satoshi Nakamoto [nt 1]. SHA-2 56d [6] [7]. The first decentralized ledger currency. The first cryptocurrency to use Scrypt as a hashing algorithm. Vincent Durham [11] [12]. Also acts as an alternative, decentralized DNS.

First digital coin with theoretical value based on the work required to produce electricity. First cryptocurrency based on the CryptoNote algorithm. Focused on user privacy through impassive and anonymous transactions. Sunny King pseudonym [15]. Trusted storage for any small data: The first cryptocurrency linked to citizen science through the Berkeley Open Infrastructure for Network Computing [28] [29]. Uses the finding of prime chains composed of Cunningham chains and bi-twin chains for proof-of-work, which can lead to useful byproducts.

Ripple [32] [33] [34]. Designed for peer to peer debt transfer. Specifically designed as a flexible platform to build applications and financial services around its protocol.

Baldur Odinsson pseudonym [40]. Used American hip hop artist Kanye West as its mascot, abandoned after trademark lawsuit. A bitcoin -based currency featuring instant transactions, decentralized governance and budgeting, and private transactions. Privacy-centric coin using the CryptoNote protocol with improvements for scalability and decentralization.

Scala , Java [52]. The first cryptocurrency to be nominated for a major adult industry award. Open-source, decentralized global financial network. Supports Turing-complete smart contracts. Jan Ludovicus van der Velde [68].

Scala , JavaScript [73]. Open blockchain platform, featuring token creation, distributed exchange and fast, high volume, transactions designed for ease of use [74] and mass adoption. Feeless Smart contract platform for decentralized applications and decentralized autonomous corporations with a block time of ms. KodakCoin is a "photographer-centric" blockchain cryptocurrency used for payments for licensing photographs.

First cryptocurrency backed by Venezuela 's reserves of oil.