What the Crypto? [Infografic]

A new infographic by Bitcoinplay explains the nature of cryptos are and provides details about the 25 most prominent digital currencies.

Today, there is no one who has not heard of digital currencies. Mass media pay a lot of attention to cryptos, that’s why they are on the everyday news. The first decentralized digital currency was Bitcoin, created in 2009 by an unknown  programmer Satoshi Nakamoto. The technology underlying in Bitcoin was called to change the financial world. And it actually did.

Some crypto enthusiasts believe that blockchain is a catalyst for promoting an understanding of digital security. Some hazard a guess that cryptos will replace traditional money in the future. With such a view, investing in digital currencies is increasing. New projects are developed, more crypto startups are set up. Aware of importance that virtual coins have, governments are interested in their proper regulation, that’s why legislation devoted to blockchain already exist in many countries.

Since 2009, the industry was enlarged with numerous new crytocurrencies of all kinds. The main Bitcoin’s competitor Ethereum was developed in 2013 and gained popularity pretty quickly. XRP, an independent digital asset native to the Ripple Consensus Ledger, is the third top cryptocurrency. Of course, not all the coins reach the status of top, however, those that do certainly leave a mark on the technology and finance world.

If you are interested in learning more about cryptocurrencies, you can have a look at the infographic from Bitcoinplay below. It provides information about the 25 most popular digital coins, including Bitcoin Cash, EOS, Litecoin, Stellar, Tron, and others.

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