CHAPTER 5

Comparison of Various Cryptocurrencies

What Other Cryptocurrencies Are Available?

Based on the free open-source code for bitcoin, thousands of variants are available. Some call themselves better than bitcoin, although that may not be the case. Bitcoin is certainly a trendsetter for other cryptocurrencies. Altcoins have the same framework as that of bitcoin. A few other more-known digital currencies after bitcoin are Bitcoin Cash, Dash, Ethereum, IOTA, Litecoin, Monero, NEM, Ripple, and Zcash. The transaction speed, transaction fee, unit price, active community, acceptance by users and retailers, and so on, are some of the various factors based on which the digital currencies make in the list.

Despite of the many current and upcoming ...

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