Cryptocurrencies, also known as Virtual or Digital Currencies are a unique asset class designed as a medium of exchange. They are generally powered by strong cryptography to secure transactions on a decentralized ledger known as the blockchain.
The Blockchain is a key advantage of digital currencies due to its nature of being designed untouchable to any government interference or manipulation from a Central Authority. There are many use cases for cryptocurrencies beyond trading such as speculative trading and online gambling just to name a few.
There are over 2179 active cryptocurrencies according to CoinMarketCap. This infographic does a wonderful job of showcasing the market cap, circulating supply, max supply, and name of the top 33 cryptocurrencies.
What are your thoughts on sthe information shared within this infographic? share your thoughts below in our comments section.
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