Introduction to major digital currencies

The six major digital currencies are Bitcoin, Ethereum, Tether, Binance Coin, Cardano and Dogecoin. These currencies have different characteristics, uses and technical bases.

Introduction to major digital currencies

Bitcoin (BTC)

• Introduction: The first decentralized cryptocurrency created by Satoshi Nakamoto in 2009, based on blockchain technology.
• Features: Decentralized, anonymous, limited supply (21 million coins).
• Uses: Value storage, payment and transaction.

Ethereum (ETH)

• Introduction: A blockchain platform created by Vitalik Buterin in 2015, Supports smart contracts and decentralized applications (dApps).
• Features: Programmable, scalable, decentralized.
• Usage: dApp development, smart contract execution, value storage.

Tether (USDT)

• Introduction: A stable currency created by Tether in 2014, which is comparable to the US dollar hook up.
• Features: Price stability, high liquidity, and compatible with the traditional financial system.
• Use: Media and stable value storage in cryptocurrency transactions.

Binance Coin (BNB)

• Introduction: A cryptocurrency created in 2017 by the Binance exchange , used to pay transaction fees and participate in ecosystem activities.
• Features: Diverse functions, extensive ecosystem, and can be used for a variety of purposes.
• Uses: Transaction fee payment, participation in the Binance ecosystem, staking and governance.

Cardano (ADA)

• Introduction: Created in 2015 by Charles Hoskinson, co-founder of Ethereum A blockchain platform focused on scalability and security.
• Features: Extensible, secure, and interoperable.
• Usage: dApp development, smart contract execution, value storage.

Dogecoin (DOGE)

• Introduction: Crypto coin created in 2013 by Billy Markus and Jackson Palmer Currency, with a Shiba Inu as its symbol.
• Features: Low price, community driven, high liquidity.
• Usage: Micro payment, reward, community building.

Cross-border payments.

Features:
• Fast speed, low cost, and scalable.
Uses:
• Cross-border payment, asset tokenization, liquidity management.

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