It was made back in 2008 and it has a peer to peer connection and thus it can be used like a normal money and can be spent between user to user or to the third party. It has a decentralized system of working and is majorly based on the cryptography. With a market capitalization of $1.01 trillion, Bitcoin is the most famous cryptocurrency in the world and not to mention it was the first cryptocurrency to be produced ever.
It is the second largest cryptocurrency in the market after the bitcoin and is again one of the famous cryptocurrencies in the world. Vitalik Buterin, a programmer, proposed Ethereum in 2013 and since then the Ethereum has never saw a downfall.
It was previously known as Realcoin and it came to the market in 2014 and not to mention that it was the first one to peg the US dollar. It is a special cryptocurrency and the special thing in that is that it can be purchased by securing the equal amount of dollar or euro in your bank account. The one thing about Tether is that it is made to be stable in the market with no or as less as possible fluctuation in the market. There are very large fluctuations seen in the market of bitcoin and Ethereum, but the Tether is safe from this kind of fluctuations.
It was started to be manufactured in 2015 and by the end of 2017 this cryptocurrency was released by Charles Hoskinson. This is the open source platform of the cryptocurrency and can be used my major of the audience. This is also the form of cryptocurrency where less fluctuation are seen in the market.
The aim of the polkadot is to create a decentralized network which aims to help organization, people and industries work smoothly and without any hassle. Polkadot has a market capitalization of around 30 billion and not to mention that it is one of the famous cryptocurrency that is widely recognized and used throughout the world.
Ripple is something different. Ripple works with financial institutions to lower the currency exchange rate and provide us the real time exchange rate. Some experts belive that Ripple is the best currency that someone can invest in right now.
Zcash stand for zerocash protocol. It has a similar codebase to that of bitcoin but it has achieved faster success than bitcoin. In 2017 a single Zcash was of 30$ but today it is of 2000$ per unit. It has come a long way than and faster than bitcoin.
Nem has a feature that allow both public and private transaction in its blockchain. The one best thing about NEM is that it can be written in many laungages. Experts believe that NEM can be used more commercially than any other form of cryptocurrency and it has a great potential in the future.
In the most aspects, Monero is similar to the Zcash and even they uses a very similar kind of technology and algorithms but Monero is more technically ahead than that of Zcash. Monero is very efficient in hiding the trace of the transaction which Zcash is not capable of.
Litecoin was released on october 7, 2011 under MIT/X11 license. It is open source client project released via github.In this litecoin the source of bitcoin coreclient was forked and modified different ways having decreased block generation time different hashing algorithm used scrypt instead of SHA-256 and some modification in GUI.
Bitcoin cash was released in August 2017. It is forked f Bitcoin. the source code of bitcoin forked and some modification in it. but hashing is algorithm is same as in bitcoin SHA-256. It takes 10 minutes to solve 1 block and rewarded 6.25BCH