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Bitcoin Cash

Bitcoin Cash (BCH) is a decentralized peer-to-peer cryptocurrency that first appeared in August 2017 as another fork derived from the original Bitcoin blockchain. BCH is now one of the top trading cryptocurrencies in the digital assets market, becoming a popular version of the original crypto BTC and facilitating faster transactions on the blockchain than Bitcoin. Bitcoin Cash went through another fork in 2018, minting Bitcoin Cash ABC and Bitcoin Cash SV as a product of the initial split that came as a result of disagreements between the two development teams, one of which is led by Craig Wright. Bitcoin Cash (BCH) was directly derived from Bitcoin’s original blockchain, created with the idea of preserving the core values of Bitcoin’s architecture while making transactions faster when compared to the potential of Bitcoin. The main idea behind the original Bitcoin was to provide a decentralized peer-to-peer currency that would allow users to manage their funds and transactions without intermediaries, i.e. middlemen such as banks and financial institutions. As Bitcoin gained more traction over the years, becoming a valuable investment asset, scalability issues emerged. Due to the problems with scalability noted in the Bitcoin blockchain, Bitcoin Cash was created as a fork to provide faster transaction times and allow more transactions to be processed within the same timeframe. This goal was achieved by increasing the block size to 8 MB. Although Bitcoin Cash is a faster and cheaper option for completing transactions, BTC still beats BCH in the cryptocurrency markets in its market […]


Cardano is a peer-review network based on blockchain technology. Cardano network is a smart contract platform that consists of two layers. The top layer is called the Cardano Settlement Layer and it serves the purpose of settling transactions where ADA is used as a medium for sending and receiving payments. The second layer is called the Control Layer. The Control Layer represents an operational environment for smart contracts. Dividing the network’s architecture into two layers results in a scalable network where two simultaneous operations can be conducted – smart contract operations and exchanging value. The second layer has yet to become operable, as it is still being developed as a Computational Layer where smart contract operations are enabled. There are also plans for the platform to be interoperable with traditional financial systems. The project is facilitating interoperability, sustainability and scalability. Small groups of scientific and academic teams are competing with peer-review research, while the network’s architecture is separated into layers and has the ability to upgrade without resulting in forked coins. All these factors make Cardano a third-gen platform that values scalability as a part of necessary development. To enable scaling, Cardano is observing a new technology created by John Day – RINA. RINA, or Recursive Inter-Network Architecture, can structure the platform by creating a heterogeneous network. RINA also facilitates transparency and privacy alongside scalability. The ultimate goal of the Cardano project is to create an internet of blockchains, which is an ecosystem created from multiple side chains that connect […]


The Ethereum network is the world’s leading programmable blockchain, launched in 2015 by Vitalik Buterin. It was built to be an improved version of Bitcoin, to have features and opportunities that Bitcoin blockchain does not. As a decentralized application platform and as a decentralized world wide web, it was created for a decentralized global computer that can solve computational problems. A decentralized company not run by human decision making, but according to a set of programmed rules into the Ethereum network. Name came from Aether, which 19th-century scientists hypothesized was the medium our universe was built on. Vitalik liked the analogy for what he wanted to do and used it for his creation. Ethereum is built on neutral, open-access infrastructure running smart contracts. A core proposition of the Ethereum network is smart contracts that require computational resources, and Ether is the asset paying for them. It is maintained and improved by a community of contributors working on everything from core protocol to consumer applications. It works on collective contributions. The Ethereum blockchain was developed so that it can serve as an internet where money and payments are built-in, where users can own their data and apps do not spy and steal your information and everyone has the ability to use an open financial system. The creator of Ethereum is Vitalik Buterin, a programmer from Canada. He first encountered Bitcoin and cryptocurrencies in 2011. That same year, he co-founded The Bitcoin Magazine. He came up with the idea for Ethereum from […]


Monero is a protocol and a secure, private-by-default, and untraceable cryptocurrency that records transactions on a public ledger. It is a privacy coin that uses cryptography to obfuscate the origin, amounts, and destination of transactions. The peers transacting know the details and can verify their transactions, while other blockchain observers only see the transaction existence and no details. Monero’s value proposition is fungibility, which is accomplished with ring signatures, confidential transactions, and stealth addresses. Its default privacy design prevents coins from being tainted by what they have been used for in the past. Therefore, XMR coins cannot be blacklisted by merchants or exchanges because of their previous use. Monero was introduced on 18 April 2014 as a Bytecoin fork using CryptoNote reference code. The core team operates under the privacy principle used in the chain’s fundamental purpose, and only three out of the seven core members have revealed their identity. The Monero project has a strong community, and Monero’s Research Lab attracts many cryptocurrency experts. What Is XMR? XMR is electronic cash with enhanced privacy. The word ‘monero’ in Esperanto means ‘coin’, and XMR is a unit on the Monero blockchain. Currently, there are 17,584,812 XMR in circulation and no maximum supply. There is no hard cap, but once 18.4 million XMR are mined, a continuous issuance of 0.6 XMR in a block will maintain miners’ incentive to confirm transactions.   Monero Wallets Storing XMR is similar to banking any other cryptocurrency. The safest wallet is a hardware wallet, and […]


Zcash (ZEC) is a digital currency and a blockchain-based decentralised platform focused on privacy and anonymous transactions. Created and launched in 2016, Zcash was one of the first privacy-centric coins to be developed in the market of digital currencies. Zcash was built and developed based on the Bitcoin framework. However, the currency and its blockchain focus on facilitating private transactions where users can hide information related to on-chain payments. Zcash developers sourced the idea of building an open financial system from Bitcoin’s infrastructure. Zcash added new features to the framework, facilitating fungibility and privacy. All transactions made with ZEC are available on the Zcash ledger, which was built on the model of Bitcoin’s ledger with a pseudonymous address. Moreover, although transactions are recorded, information about the payment, sender, and receiver is not disclosed to network users. This information is encrypted through zero-knowledge proofs, which means that only authorised users can access transaction information. This cryptographic tool is also known as zk-SNARKs, and it makes transactions untraceable by obfuscating sender and receiver addresses and payment information. Zk-SNARKs is a novelty of zero-knowledge cryptography, integrated with the Zcash system to shield transactions under the network’s rules. The proof revolves around a process through which users can prove the ownership of private information without revealing that information. ZEC has a total supply of 21 million coins, just like Bitcoin. However, the block time for ZEC is shorter than Bitcoin’s, set at 75 seconds after the Blossom upgrade. Zcash Mining New Zcash units are […]


Bitcoin is the first example of a cryptocurrency with references to Hashcash from A.Back, b-money from W. Dai and Public key cryptosystems from R.C. Merkle among others. It is an asset class that has combined traditional currency with verification based on cryptography, first introduced as an electronic payment system based on mathematical proof. Bitcoin is a peer-to-peer version of electronic cash used for payments sent directly from one party to another without going through a financial institution. The most widespread definition describes bitcoin as the worldÂŽs first decentralised digital currency limited to a supply of 21M and with no trusted third party. Meaning that no single person, organisation or authority has control over it. Anyone can buy it, anyone can receive it. Bitcoin was invented by a person or a group of people under the pseudonym Satoshi Nakamoto and it was announced publicly on bitcoin.org in November 2008. On January 3rd, 2009, the first block was mined, labelled as the Genesis Block with the embedded text, “The Times 03/Jan/2009 Chancellor on brink of second bailout for banks”. We know bitcoin as the coin, which is a code representing ownership over coins, an IOU if you like, and Bitcoin as the protocol, a distributed network maintaining a ledger of balances of the previously mentioned bitcoin coins. What is BTC The bitcoin symbol is ₿ and its ticker price is BTC (XBT). The bitcoin unit of account is bitcoin and the denomination is one hundred of a millionth (0.00000001) with the smallest […]


Dash (DASH) is one of the top cryptocurrencies and one of the first altcoins forked from the Bitcoin protocol. Dash was created as digital cash and an alternative cryptocurrency to Bitcoin. As Bitcoin’s fork, Dash was developed on the same principles as the first cryptocurrency. Dash has a block time of 2.5 minutes, whereas the Bitcoin block generation time is ten minutes. The governance of the network is established through DAO. The Dash network previously operated on a Proof-of-Work (PoW) protocol before transitioning to the X11 hashing function. Four years after the initial launch of the crypto, a consensus was reached in 2018 to mine DASH coins using the Proof-of-Work (PoW) algorithm in combination with the X11 hash function. With eleven rounds of hashing and 2.5-minute block time, Dash enables swift payments through its decentralised system. The Dash whitepaper describes the crypto as the first privacy-centric cryptographic currency. The currency has since been repurposed to pose as a direct medium for daily transactions—digital cash that can be spent anywhere. Dash offers fast and privacy-oriented payments for businesses and individuals, aiming to become a mainstream digital payment method. Dash Privacy Dash coins (DASH) are mineable. Dash previously relied on a Proof-of-Work (PoW) protocol for mining. However, after a consensus was reached in 2018, Dash made a significant change to the mining system by switching to the X11 hashing function. The X11 hashing function has 11 rounds of hashes and is a form of Proof-of-Stake (PoS) protocol. Dash combines PoW and X11 […]


DigiByte (DGB) is a form of cryptocurrency, which is a digital asset with a decentralized blockchain environment. DGB first appeared in 2014, five years after Bitcoin appeared as the first cryptocurrency ever to be developed. With the implementation of faster processing times for DGB-based transactions, the DigiByte team claims that DGB runs on one of the longest blockchains among cryptocurrencies. DigiByte is an altcoin, which means it is an alternative coin to Bitcoin. It offers improved features that facilitate speed and efficiency. What is interesting about DigiByte is that the team behind the crypto never organized an ICO or a token sale to issue DGB, which is defined through the idea of complete decentralization. However, DGB and the DigiByte blockchain are not owned by a private company. DigiByte is the fastest, longest, and most secure unspent transaction output (UTXO) in the world. A UTXO is a form of abstract electronic money that confirms ownership. It is a chain in which digital ownership is contained. This chain represents a digital signature that signs transactions. Basically, DigiByte runs on a decentralized blockchain similar to Bitcoin. DigiByte is an open-source, decentralized environment, which means that this crypto is based on the same principle as Bitcoin. It was also developed based on the Bitcoin Core. However, the DigiByte team wanted to do what almost every altcoin dev team wants to do: improve the basic architecture of Bitcoin. This work is usually done by making transactions faster and more cost-effective while addressing the scalability issues […]


Dogecoin, with a ticker DOGE, was created back in 2013, recognizable by one of the internet’s favorite mascots, Shiba Inu, a.k.a. Doge. Given the fact that the cryptocurrency symbol DOGE was first introduced with the iconic Shiba Inu, this crypto was considered to be a “joke coin”. However, many crypto enthusiasts, probably meme fans, soon formed a strong community to support its development. As a result, DOGE managed to reach the top 20 to 30 list of traded cryptocurrencies, reaching a market cap of $60 million within a single year of its original issue date. Dogecoin is based on the concept of a peer-to-peer digital currency, representing an altcoin, which is an alternative cryptocurrency to Bitcoin. The Dogecoin online community uses DOGE for transactions as well as for tipping their favorite contributors across social networks, such as Twitter. Dogecoin is a peer-to-peer digital currency, much like Bitcoin, created to enable users around the globe to send transactions anonymously, at low cost and without intermediaries. Dogecoin is traded under the ticker symbol DOGE, and is recognizable by one of the internet’s favorite meme mascots, Shiba Inu, a Japanese breed that became popular under the name Doge as seen in numerous other memes. This is probably why Dogecoin was considered to be a joke coin. However, incorporating the image of Doge into the project that represents the cryptocurrency Dogecoin, it appears that the dev team behind DOGE has found a faithful community for marketing their project. Starting with what appeared to be […]


Eos (EOS) is a decentralised blockchain-based smart contract platform for commercial-scale decentralised applications (Dapps). The Eos platform is looking to become one of the biggest smart contract platforms on the market. It supports core functionalities that enable the creation and development of Dapps for individuals and businesses. The network offers tools for authentication, secure access, data hosting, communication between Dapps and the internet, permissions, and usage management. The Eos development team’s goal is to create an optimal environment for Dapp developers and grant access to various tools designed for efficient Dapp development. The platform offers a web-based toolkit that operates much like traditional web application stores, such as the Google Play Store. The web-based toolkit was created for interface development, facilitating easy-to-use tools for developing Dapps. Eos.io controls the Eos blockchain-based network. The platform is built upon an architecture that enables vertical and horizontal scaling of Dapps. The EOS token is the native digital asset to the Eos platform, and it powers the entire ecosystem. Any EOS holder can become eligible to use the platform by simply holding EOS tokens, which is how access to Dapp tools and resources is granted. EOS is used to either unlock access to Dapps that already exist on the blockchain or to build Dapps. Users who are holding EOS but not using their tokens for Dapps or Dapp development can rent their bandwidth to other users. Eos Algorithm The network allows users and EOS holders to use the resources available on the blockchain-based network […]