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What Is Cryptocurrency (or Crypto Currency)

A cryptocurrency (or crypto currency) is a digital asset designed to work as a medium of exchange using cryptography to secure the transactions and to control the creation of additional units of the currency.
Cryptocurrencies are a subset of alternative currencies, or specifically of digital currencies.

Bitcoin became the first decentralized cryptocurrency in 2009. Since then, numerous cryptocurrencies have been created.These are frequently called altcoins, as a blend of bitcoin alternative. Bitcoin and its derivatives use decentralized control as opposed to centralized electronic money/centralized banking systems.The decentralized control is related to the use of bitcoin's blockchain transaction database in the role of a distributed ledger.

List Of Cryptocurrencies

Release	Status	Currency	Symbol	Founder	Hash algorithm	Timestamping	Notes
2009	Active	Bitcoin	BTC,[4][5]XBT	Satoshi Nakamoto[nt 1]	SHA-256d[6][7]	POW[7][8]	First decentralized ledger currency.
2011	Active	Litecoin	LTC	Charles Lee	Scrypt	POW	First cryptocurrency to use Scrypt as a hashing algorithm.
2011	Active	Namecoin	NMC	Vincent Durham[29][30]	SHA-256d	POW	Also acts as an alternative, decentralized DNS.
2012[7]	Active	Peercoin	PPC	Sunny King (pseudonym)[32]	SHA-256d[33]	POW & POS	First to use POW and POS functions.
2013	Active	Dogecoin	DOGE, XDG	Jackson Palmer & Billy Markus[11]	Scrypt[12]	POW	Based on an internet meme.
2013[21][22]	Active	Gridcoin	GRC	Rob Hälford [23]	Scrypt	Decentralized Proof-of-stakePOS	First cryptocurrency linked to citizen science through the Berkeley Open Infrastructure for Network Computing[24][25]
2013	Active	Mastercoin	MSC	J. R. Willett [26]	SHA-256d[27]	N/A	Mastercoin is both digital currency and communications protocol built on top of the existing bitcoin block chain.
2013[34]	Active	Emercoin	EMC	EvgenijM86 & Yitshak Dorfman	SHA-256	POW & POS	Trusted storage for any small data: acts as an alternative, decentralized DNS, PKI store, SSL infrastructure and other.
2013	Active	Primecoin	XPM	Sunny King (pseudonym)[32]	1CC/2CC/TWN[35]	POW[35]	Primecoin uses the finding of prime chains composed of Cunningham chains and bi-twin chains for proof-of-work, which can lead to useful byproducts.
2013	Active	Ripple[36][37][38]	XRP[38]	Chris Larsen & Jed McCaleb[39]	ECDSA[40]	"Consensus"	Based on peer to peer debt transfer. The term Ripple can refer to both the digital currency or the payment network.
2014	Active	Auroracoin	AUR	Baldur Odinsson (pseudonym)[3]	Scrypt	Proof-of-work (POW)	Created as an alternative to fiat currency in Iceland.
2014	Active	BlackCoin	BC, BLK	Rat4 (pseudonym)	Scrypt	Proof-of-stake(POS)	BlackCoin secures its network through a process called minting.
2014	Inactive	Coinye	KOI, COYE		Scrypt	POW	Used American hip hop artist Kanye West as its mascot, abandoned after trademark lawsuit.
2014[9]	Active	Dash	DASH	Evan Duffield & Kyle Hagan[10]	X11	POW & POS[nt 2]	Adds privacy to transactions through a decentralized coin-mixing system called Darksend.
2014	Active	DigitalNote	XDN	XDN-dev team, dNote[13]	CryptoNight[14]	POW	DigitalNote (XDN) is a new private cryptocurrency with an instant untraceable crypto messages and first blockchain banking implementation, use CryptoNote protocol.
2014	Active	Gulden[17]	NLG	Rijk Plasman[18][19][20]	Scrypt	Proof-of-work_system(POW)	Previous Name: GULDENCOIN, in 2015 the names changed into: GULDEN.
2014	Active	MazaCoin	MZC	BTC Oyate Initiative	SHA-256d	POW	The underlying software for MazaCoin is derived from that of another cryptocurrency, ZetaCoin.
2014	Active	Monero	XMR	Monero Core Team[28]	CryptoNight[14]	POW	Monero (XMR) is a new privacy-centric coin using the CryptoNote protocol. Monero focuses on the use on Darknet Market.
2014	Active	Nxt	NXT	BCNext (pseudonym)	SHA-256d[31]	POS	Nxt is specifically designed as a flexible platform to build applications and financial services around its protocol.
2014	Active	PotCoin	POT		Scrypt	POW	Developed to service the legalized cannabis industry
2014	Active	Titcoin	TIT	Edward Mansfield & Richard Allen[41]	SHA-256d	POW	First cryptocurrency to be nominated for a major adult industry award.[42]
2014	Active	Synereo AMP	AMP	Dor Konforty & Greg Meredith[43]	Proof-of-stake(POS)	POS	Trying to create a world computer, Synereo’s 2.0 tech stack, that incorporates all faculties needed to support decentralized computation without central servers.[44]
2015	Active	Decred	DCR		Blake-256	POW & POS	Created by Bitcoin developers.
2015	Active	Ethereum	ETH	Vitalik Buterin[15]	Dagger Hashimoto[16]	POW	Turing complete smart contracts.
2016	Active	Zcash	ZEC	Zooko Wilcox	Equihash	Proof-of-work (POW)	Zcash is the first open, permissionless financial system employing zero-knowledge security.

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