 What's happening coin telegraphers? This is Rodic McHere with today's crypto one-on-one on cryptocurrencies Did you guys know that there are over? 2,000 different crypto currencies out in the market today and yet the big king is the Bitcoin Today it is considered the gold of the internet as it introduced blockchain technology to the entire world Its main purpose was to decentralized currencies so that the government isn't in control of your money Bitcoins are broken down into satoshis. The best way to explain this is that bitcoins are like dollars Rather satoshis are like cents But there's another currency whose popularity is growing right now Like coin is a peer-to-peer cryptocurrency Creation and transfer of coins. It's based on an open source Cryptographic protocol and it is not managed by any central authority Inspired by Bitcoin like coin does have some technical improvements as it has almost zero payment costs and Facilitates payments approximately four times quicker than Bitcoin Blockchain proposes not only currencies, but also new systems namely ethereum It is a computing platform featuring smart contracts That means that a contract is ruled by a computer protocol ethereum also provides a Cryptocurrency token called ether which can be transferred between accounts and used to compensate participating nodes for computations perform in other words the ethereum platform allows other programmers to build their own crypto coins For instance Ripple it enables secure instant and nearly free global financial transactions of Any size with no charge backs Ripple is used by big companies such as Unicredit and UBS as Settlement infrastructure technology. Its main competition is the international Swift monetary transfer system Even if you don't know anything about blockchain and bitcoins, I believe you have heard about Dash Earlier it was known as dark coin It is an fork to Bitcoin a Duplicated bitcoins existing code and made it better by addressing the issues users faced with it So apparent flaws and weaknesses in Bitcoin are absent in Dash making both digital coins Substantially different in terms of efficiency that provides a faster and more anonymous service to its users Monero is considered a cash-like crypto currency It is more anonymous than bitcoins and it is basically impossible to trace or track Monero transactions To keep learning more about the industry make sure that you subscribe to the channel down below and To the person who posts the best comments, we will give you a small price