Nicholas Constable - A comprehensive guide to Cryptocurrency: Bitcoin, Ethereum, Litcoin and other Altcoins

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A comprehensive guide to Cryptocurrency
Bitcoin, Ethereum, Litcoin and other Altcoins
- Nicholas Constable Weybridge
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What is Cryptocurrency?

• Cryptocurrency is an alternative currency not
  issued by any government and not associated with
  any country. It is a digital asset which can be
  transferred between two people using a code where
  there is no middleman or no involvement of
  Credit Company. This decentralized currency
  maintains anonymity where there is no need to
  know people who are exchanging and transactions
  are untraceable. There is also some concern that
  such currency is used by criminals as privacy is
  maintained during the transactions.
• The first Cryptocurrency, Bitcoin, was invented
  in 2009 by an
• unknown person or group of people named as
  Satoshi Nakamoto.

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How many Crytocurrencies exist?

• Bitcoin was invented first but subsequently,
  there is number of other introduced later which
  are collectively called as Altcoin to make it
  different from Bitcoin. These works on the same
  basics but they use different code. Following is
  the list of some alphabetically arranged
  Cryptocurrencies and the most popular are marked
  as bold. There are many more as well besides
  following.
• AdEx (ADX)
• aelf (ELF)
• Aeron (ARN)
• AirSwap (AST)
• Agrello (DLT)
• AION (AION)
• Amber (AMB)
• Ark (ARK)
• Basic Attention Token (BAT)
• BCX (BCX)

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• BCX (BCX)
• Bancor (BNT)
• Binance (BNB)
• Bitcoin (BTC)
• Bitcoin Cash (BCC) Dash (DASH)
• Decentraland (MANA)
• DigixDAO (DGD)
• district0x (DNT)
• Enigma (ENG)
• EnjinCoin (ENJ)
• EOS (EOS)
• Ethereum (ETH)
• Ethereum Classic (ETC)
• ETF (ETF)
• Etherparty (FUEL)
• EthLend (LEND)
• ETHOS (BQX)
• Everex (EVX)

• Bitcoin Diamond (BCD)
• Bitcoin Gold (BTG)
• BitShares (BTS)
• BlockMason Credit Protocol (BCPT)
• Bread (BRD)
• Bytom (BTM)
• Cardano (ADA)
• ChainLink (LINK)
• Cindicator (CND)
• CoinDash (CDT)
• CyberMiles (CMT)
• Genesis Vision (GVT)
• Gifto (GTO)
• GXShares (GXS)
• HealthCare Chain (HCC)
• Hshare (HSR)

FunFair (FUN)
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• ICON (ICX)
• ICONOMI (ICN)
• Komodo (KMD)
• KyberNetwork (KNC)
• Lisk (LSK)
• Litecoin (LTC)
• LLToken (LLT)
• loopring (LRC)
• Metal (MTL)
• MIOTA (IOTA)
• Modum (MOD)
• Moeda Loyalty Points (MDA)
• MONACO (MCO)
• Monero (XMR)
• Monetha (MTH)
• Neblio (NEBL)
• NEO (NEO)
• NeoGas (GAS)
• Nuls (NULS)

• PowerLedger (POWR)
• Qtum (QTUM)
• Quantstamp (QSP)
• Raiden Network Token (RDN)
• Request Network (REQ)
• Ripio Credit Network (RCN)
• Ripple (XRP)
• Salt (SALT)
• Simple Token (OST)
• SingularDTV (SNGLS)
• SONM (SNM)
• Status (SNT)
• Stellar Lumens (XLM)
• Storj (STORJ)
• Stratis (STRAT)
• Substratum (SUB)
• Super Bitcoin (SBTC)
• TetherUS (USDT)
• Tierion (TNT)

Nicholas Constable Weybridge
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Other benefits or owning Cryptocurrency

• This is very easy to manage different accounts
  for these currencies. As nobody knows how much
  you own so you are safe from hackers, cyber
  criminals and criminals. Money can be transferred
  just by codes globally. The main benefit is very
  low transaction fees during transfer of money to
  anybody all over the world. It is very easy to
  send big money or tiny amount globally without
  the involvement of any bank. There is no need to
  lose money during exchange at the time of global
  payment. You dont need to give your personal
  details to anybody before making any
  transactions. So, it is safe method for payment
  without the fear of identity theft. As payments
  are irreversible, there is no need to worry
  about charge backs like Visa, MasterCard or
  PayPal. Many people see Cryptocurrency as long
  term investment plan. Purchasing Bitcoin to is
  also emerging as a way to protect devaluation of
  national currency and is very popular in
  countries like Zimbabwe. The power of Smart
  Contracts or token on Ethereum platform is also
  getting popular enabling companies to get
  millions of dollar in crowd funding.

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How to store Cryptocurrency?

• Cryptocurrency is digital money so owning
  Cryptocurrency simply means that you have a
  software address where money is stored and a
  secret key to see and use the balance. The
  address and key can be stored electronically or
  on paper as long as you can perverse it. The
  place where you store Cryptocurrency is called
  as Wallet. Wallet can be online or offline.
  Online wallet can be of two
• type first is wallet available at different
  websites and second is wallet software stored in
  computer. Offline wallet can be a hardware based
  wallet which is just like a memory card or junk
  drive which can be accessed using USB port. As
  Cryptocurrency is based on code so the safest way
  to store it is use paper based method. Hackers
  may get access to online system so there is
  always a risk for online storage of money.
  However, paper based storage is least convenient.
  Having digital wallet is first thing to do
  before getting any Cryptocurrency.

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