Best 7 Profitable cryptocrruncy

1. Cryptocurrencies

Cryptocurrencies are electronic forms of money that use cryptography to secure transactions and control access. They can be used to make payments online or offline, and they're often called cryptocurrencies because of the encryption technology behind them.

1. Blockchains

Blockchains are distributed ledgers that record every transaction made within a given cryptocurrency. They were invented in 2008 by Satoshi Nakamoto, an unknown person or group of people. Since then, they've grown increasingly popular, and today there are hundreds of cryptocurrencies out there, including Bitcoin, Ethereum, Litecoin, Ripple, Dogecoin, Monero, Dash, Zcash, and others.

1. Bitcoin

Bitcoin was developed in 2008 by Satoshi Nakamoto. He designed it to be a digital currency, much like cash, where transactions can take place without any central authority. Bitcoin is also called crypto-currency because it is based on cryptography. Cryptography allows users to send money online securely and anonymously. Bitcoin is the first decentralized peer-to-peer payment network that operates without a trusted third party. The network is powered by its own unit of account, coins, and miners. These components work together to enable secure payments.

Bitcoin was the first cryptocurrency. It was introduced in 2008 and is considered to be the first decentralized digital currency. It uses peer-to-peer technology to facilitate instant payments. The issuing of bitcoins is carried out collectively by the network. And no one controls the creation of these bitcoins. While the supply of bitcoins may increase, this is not programmed into the protocol; it is fixed by each individual transaction fee paid by the sender. The issuance of new bitcoins comes from the processing power of computers running the bitcoin software, referred to as mining. This process involves verifying and recording recent transactions in a distributed public database, and solving complex mathematical problems. This procedure serves to limit the total number of bitcoins that can ever exist to 21 million.

1. Ethereum

Etherium is a decentralized platform that allows developers to build applications without having to worry about security issues such as double spending, censorship, fraud, and downtime. It was developed by Vitalik Buterin, a programmer working at Bitcoin Magazine, who wanted to create a new version of electronic cash. He named it Ethereum after the Greek god of money.

1. Ripple

Ripple is an open source protocol that enables fast, scalable, and private transactions between users around the world. It is designed to work outside of traditional banking institutions and payment networks.

1. Litecoin

Litecoin is an open source currency that enables instant payments to any person anywhere in the world. It is an improved version of Bitcoin’s protocol, so if Bitcoin is the VISA card of currencies then Litecoin is the MASTERCARD.

1. Dash

Dash is an open source peer-to-peer digital currency. It works without a centralized repository or single administrator. It was originally called Darkcoin, but was renamed after the founder decided to change the name to something more representative of what it does.