Once central banks themselves go crypto, the choice between a virtual currency and one backed by a central bank will become a no-brainer.
Cryptocurrencies aren’t money assisted by code – they are monied code, digital assets that have been created as, are transacted as, and continue to be data only.
The jury is still out on whether Satoshi Nakamoto is a real person or group. What’s certain is that he (she/they) have the global financial world in the midst of an upheaval.
Vtalik Buterin created Ethereum as a means of making cryptocurrencies more accessible and usable, and with a speedier decentralized network.
Unlike Bitcoin and Ethereum, Ripple was created originally as a payment network for real-time transactions that would attract financial industry captains.
Litecoin resembles Bitcoin more so than any other cryptocurrency. However, the main difference between the two is the speed and efficiency – favoring Litecoin!