Cryptocurrency Examples

6. Dash 

Dash is an open source peer to peer Cryptocurrency that offers all the same features as Bitcoin but also has advanced capabilities, including instant transactions, private transactions, and decentralized governance. Dash’s decentralized governance and budgeting system makes it the first decentralized autonomous organization.

Dash uses a two-tier architecture to power its network. The first-tie consist o miners who secure the network and write transaction to the blockchain. The second-tier consists of master nodes which enable the advanced features of Dash

7. Monero

Monero is an open source Cryptocurrency created in April 2014 that focuses on privacy, decentralization and scalability. Unlike many Cryptocurrencies that are derivatives o Bitcoin, Monero is based on Crypto note protocol and possesses significant algorithmic differences relating to blockchain obfuscation. Monero experienced rapid growth in market capitalization and transaction volume during the year 2016, partly due to adoption in 2016 by major dark net market Alphabay

8. Zcash

Zcash is a Cryptocurrency that offers secrecy and selective transparency of dealings. Zcash expenditures are published on a public blockchain, but the sender, receiver, and amount of a transaction [may remain private. The Zcash trade symbol, ZEC, is not an authorized ISO 4217. Like Bitcoin, Zcash has a stable entire supple of 21 million units

9.  NEM 

NEM is a peer to peer Cryptocurrency and blockchain platform launched on 31st march, 2015. Written in java, With in C++ version in the works, NEM has a stated goal of a wide distribution model and has introduced new features to blockchain technology such as its proof of importance algorithm, multi-signature accounts, encrypted messaging, and an Eigentrust++ reputation system. The NEM blockchain software is used in a commercial blockchain called Mijin, which is being tested by financial institutions and private companies in Japan and internationally. 

10. BlackCoin 

BlackCoin is a peer to peer Cryptocurrency. BlackCoin uses a proof of stake system and is open source. BlackCoin was created by a developer Rat4, with the goal of proving that BlackCoin’s ways of disabling proof of work is stable of secure.  BlackCoin secure its network through a process called “significant” in a Citibank Whitepaper.