Cryptocurrency Trading & Markets
A cryptocurrency, crypto-currency, or crypto is a digital currency designed to work as a medium of exchange through a computer network that is not reliant on any central authority, such as a government or bank, to uphold or maintain it.
Individual coin ownership records are stored in a digital ledger, which is a computerized database using strong cryptography to secure transaction records, to control the creation of additional coins, and to verify the transfer of coin ownership. Despite their name, cryptocurrencies are not considered to be currencies in the traditional sense and while varying treatments have been applied to them, including classification as commodities, securities, as well as currencies, cryptocurrencies are generally viewed as a distinct asset class in practice. Some crypto schemes use validators to maintain the cryptocurrency. In a proof-of-stake model, owners put up their tokens as collateral. In return, they get authority over the token in proportion to the amount they stake. Generally, these token stakers get additional ownership in the token over time via network fees, newly minted tokens or other such reward mechanisms.
| Proof of Stake | Proof of Work |
| Proof-of-stake is a cryptocurrency consensus mechanism for processing transactions and creating new blocks in a blockchain. A consensus mechanism is a method for validating entries into a distributed database and keeping the database secure. | Proof-of-work (PoW) is a form of cryptographic proof in which one party (the prover) proves to others (the verifiers) that a certain amount of a specific computational effort has been expended. Verifiers can subsequently confirm this expenditure with minimal effort on their part. |
Popular Crytocurrencies
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Bitcoin (BTC)
Ethereum (ETH)
Ripple (XRP)
Stellar Lumens (XLM)
Cardano (ADA)
Dogecoin (DOGE)
Polkadot (DOT)
Neo (NEO)
Celsius (CEL)
Litecoin (LTC)
Tether (USDT)
Dash (DASH)
Zcash (ZEC)
Shiba Inu (SHIB)
Solana (SOL)
Chainlink (LINK)Get Started Trading Crypto
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Tuesday, August 16, 2022, 12:42 pm (EST)
