Bitcoin is the oldest and most widespread cryptocurrency in the world. It was also first to use the revolutionary block chain technology. It is a decentralized digital currency without a any bank or single administrator that can be sent from user to user on the peer to peer (P2P) bitcoin network without the need for intermediaries.
From the beginning The domain name of Bitcoin is “bitcoin.org” was registered on 18 August 2008 On 31 October 2008, a link to a paper authored by Satoshi Nakamoto titled Bitcoin A Peer-to-Peer Electronic Cash System was posted to a cryptography mailing list Nakamoto implemented the Bitcoin software as open-source code and released it in January 2009.
Ripple is real-time gross settlement system, currency exchange and remittance network created by ripple labs lnc. It is US- base technology company it is released in 2019. Ripple purports to enable “secure, instantly and nearly free global financial transactions of any size with no chargeback’s.”
Early days Ripple was conceived by Jed McCaleb and built by Arthur Britto and David Schwartz who then approached Ryan Fugger who had debuted in 2005 as a financial service to provide secure payment options to members of an online community via a global network. Fugger had developed a system called Open Coin which would transform into Ripple. The company also created its own form of digital currency referred to as XRP in a manner similar to Bitcoin, using the currency to allow financial institutions to transfer money with negligible fees and wait-time.
Ethereum is an open source, public, block chain-based distributed computing platform. It is a token whose blockchain is generated by the Ethereum platform Ether can be transferred between accounts and used to compensate participant mining nodes for computations performed
In March 2017, various blockchain start-ups, research groups, and Fortune 500 companies announced the creation of the Enterprise Ethereum Alliance (EEA) with 30 founding members
it’s essentially a computer anyone can write code on the network that Ethereum will then execute automatically to do things such as create websites, store and execute a will, finance a company with crowdfunding, sell goods or services, and so much more.
Bitcoin Cash is a cryptocurrency that is fork of Bitcoin. Bitcoin Cash is a spin-off or altcoin that was created in 2017. In 2018 Bitcoin Cash subsequently split into two cryptocurrencies Bitcoin Cash, and Bitcoin SV. Bitcoin Cash is sometimes also referred to as Bcash.
Bitcoin Cash was launched in August 2017. Initially, the transaction history of Bitcoin was integrated with Bitcoin Cash, but later, it was separated.
Litecoin is a peer-to-peer cryptocurrency and open-source software project released under the MIT/X11 license.
Litecoin was released via an open-source client on GitHub on October 7, 2011 by Charlie Lee,a Google employee and former Engineering Director at Coinbase The Litecoin network went live on October 13, 2011. During the month of November 2013, the aggregate value of Litecoin experienced massive growth which included a 100% leap within 24 hours. In May 2017, Litecoin became the first of the top 5 (by market cap) cryptocurrency to adopt Segregated Witness.