widows-mite

Here's the deal:

Major fortunes, millions of dollars in some cases, have been made and lost with alt-coins. So, it might be in your interest to keep reading and then continue with your research of the alt-coins.

Bitcoin was the category creator of crypto-currency and got everyone excited with huge movements in the Bitcoin price. That is what happens when it goes from $0.05 to $1,200 in four years. Millionaires get minted!

With the initial innovation has come an explosion of 'alt-coins'. Bitcoin is considered a SHA-256 coin because it uses that algorithm for the proof of work component.

Other alt-coins use different algorithms such as scrypt, X11, X13, X15, NIST5 and 100% proof of stake. Often the developers of alt-coins are seeking to develop some new innovation that makes it more useful to market participants.

Alt-coins have traditionally been extremely volatile in price which seems to draw speculators. So far we have only included a few of the 600+ alt-coins so we hope you find the resource pages useful!


Alt-coins

altcoins

Bytecoin is the private untraceable cryptocurrency launched in 2012 and is the first enterprise-ready solution.

altcoins

Dash calls itself an "open sourced, privacy-centric digital currency with instant transactions." It is currently a top five cryptocurrency by market cap.

altcoins

Devcoin is an ethically inspired cryptocurrency created in 2011 to support open source programmers and writers worldwide.

altcoins

Dogecoin was created as a joke in December 2013. It is based on the Doge internet meme. Today, it is one of the most popular altcoins.

altcoins

The Hayek is an exciting new cryptographic gold receipt issued by Anthem Vault, a leading online retailer of vaulted and insured silver and gold bullion.

altcoins

Litecoin is the most widely used altcoin. It was created in 2011 by Coinbase engineer Charlie Lee while he worked at Google. It is currently a top five altcoin in terms of market cap.

altcoins

Monero is a privacy centric altcoin. It is a top ten cryptocurrency by market cap.

altcoins

Namecoin is a decentralized open source information registration and transfer system based on the Bitcoin cryptocurrency.

altcoins

Peercoin seeks to be the most secure cryptocoin at the lowest cost, by rewarding all users for strengthening the network.

altcoins

Reddcoin is the social currency that enriches people’s social lives and makes digital currency easy for the general public.

altcoins

Ripple is an internet protocol developed by Ripple Labs to connect all the world's disparate financial systems to enable secure transfer of funds in any currency in real time.

altcoins

Shadowcash was one of the first altcoins that marketed itself as being more private than Bitcoin.

altcoins

zCash calls itself an "open sourced, privacy-centric digital currency with instant transactions." It is currently a top five cryptocurrency by market cap.


Application coins

altcoins

Augur is a decentralised prediction market to exchange value when forecasting event outcomes based on the 'wisdom of the crowd' principle.

altcoins

Counterparty is a protocol built on top of Bitcoin. It enables anyone to create custom tokens and decentralized financial applications using the Bitcoin network.

altcoins

Ethereum is a decentralized platform that allows developers to create decentralized applications and smart contracts.

altcoins

Factom is the first usable blockchain technology to solve real-world business problems by providing an unalterable record-keeping system.

altcoins

Mastercoin is a digital currency and communications protocol built on the Bitcoin block chain. It is one of several efforts to enable complex financial functions in a cryptocurrency.

altcoins

Nxt is an open source cryptocurrency and payment network launched in November 2013 by anonymous software developer BCNext.

altcoins

Safecoin is the token used on the Maidsafe Network, which is a decentralized data storage network.

altcoins

Steem is a blockchain database that supports community building and social interaction with cryptocurrency rewards.