trending_up What is Cryptocurrency?
A cryptocurrency (or crypto currency) is a digital asset designed to work as a medium of exchange using cryptography to secure the transactions, to control the creation of additional units, and to verify the transfer of assets. Cryptocurrencies are classified as a subset of digital currencies and are also classified as a subset of alternative currencies and virtual currencies.
Bitcoin, created in 2009, was the first decentralized cryptocurrency. Since then, numerous cryptocurrencies have been created. These are frequently called altcoins, as a blend of bitcoin alternative. Bitcoin and its derivatives use decentralized control as opposed to centralized electronic money/centralized banking systems. The decentralized control is related to the use of bitcoin's blockchain transaction database in the role of a distributed ledger.
trending_up Top Cryptocurrencies
Having the first-mover advantage, Bitcoin is the world’s first peer-to-peer decentralized digital currency, which is now not only the most recognized and known cryptocurrency, but also the only digital currency that is most widely accepted and used in numerous real-world transactions. Check out Bitcoin's key indicators, live price, chart, market cap and more information...
Although the list is constantly changing, the top Altcoins (contenders of Bitcoin) are:
- Bitcoin Cash
- Dash: Digital Cash
- Ethereum Classic
- Decred: Decentralized credit
- PIVX: Private Instant Verified Transactions
Check out updated live cryptocurrencies rankings list...
trending_up What is a Blockchain?
A blockchain is a digitized, decentralized, public ledger of all cryptocurrency transactions. Constantly growing as ‘completed’ blocks (the most recent transactions) are recorded and added to it in chronological order, it allows market participants to keep track of digital currency transactions without central record keeping. Each node (a computer connected to the network) gets a copy of the blockchain, which is downloaded automatically.
Originally developed as the accounting method for the virtual currency Bitcoin, blockchains – which use what's known as distributed ledger technology (DLT) – are appearing in a variety of commercial applications today. Currently, the technology is primarily used to verify transactions, within digital currencies though it is possible to digitize, code and insert practically any document into the blockchain. Doing so creates an indelible record that cannot be changed; furthermore, the record’s authenticity can be verified by the entire community using the blockchain instead of a single centralized authority.
trending_up How Bitcoin Mining Works?
Where do bitcoins come from? With paper money, a government decides when to print and distribute money. Bitcoin doesn't have a central government. With Bitcoin, miners use special software to solve math problems and are issued a certain number of bitcoins in exchange. This provides a smart way to issue the currency and also creates an incentive for more people to mine.
extension What is CoinMarketCap by Tadaawl?
CoinMarketCap by Tadaawl is a tool that shows cryptocurrency market capitalization, coins key indicators, general information, rankings, quotes, interactive historical charts for more than 1600 cryptocurrencies including the most successful coins like Bitcoin, Ethereum, Ripple, Litecoin, Dash, Monero, NEM and more.
extension Why should i need to use CoinMarketCap?
The CoinMarketCap tool enables you to use it in numerous ways and is only limited by your imagination. You can use it to analyze different coins to make buying, selling, exchanging, trading or investing decisions (to know the difference check out the FAQ page), it's basically built to do that. This tool provides essential key indicators such as live cryptocurrencies market share, market cap, prices (OHL), market supply (current and total) in addition to volume numbers, thus giving you the freedom to analyze and utilize this information to make better decisions.
On the other hand this tool enables you to extract all information and charts in the best way you see beneficial for your methods and purpose, thus you can download charts images in PNG, JPG, SVG or PDF formats to freely use in your analysis, blog, website, notes or even discussions with your colleagues online or offline. You can also save the data as CSV, XLSX or JSON formats or print it out. Additionally our charts is interactive so you can play with it as you wish. While you are free to use and distribute extracted files and data, we kindly ask you to credit us in return.
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Cryptocurrencies, forex, stocks, commodities, etc. you name it, we hope that our tools will help and work for markets' people to tackle the uncertainty and risky environments, while guiding them to success, wealth and happiness.