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02 7:39 AM

There are many types of cryptocurrencies available today. The most popular ones
are: Bitcoin,Litecoin, Dogecoin, Neo, Etherium, Ripple, Stellar, Cordano,etc Ripple
(XRP): 1. It was launched in 2012.
2. It has a release rate of 1 Billion per month with close to 1500 transactions
occurring every second.
3. It was designed to be used by banks for financial transactions as a
centralized
transaction network.
4. XRP currency is used in Ripple,The money is first converted to XRP tokens and
then sent over the RippleNet.It is again converted back to money from the XRP token
when withdrawing is done.
5. Bitcoin was launched in January 2009. It introduced a novel idea set out in a
white paper by the mysterious Satoshi Nakamoto—Bitcoin offers the promise of an
online currency that is secured without any central authority, unlike government-
issued currencies. There are no physical bitcoins, only balances associated with a
cryptographically secured public ledger.
6. Blockchain technology is being used to create applications that go beyond just
enabling a digital currency. Launched in July 2015, Ethereum is the largest and
most well-established, open-ended decentralized software platform.