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Crypto 101: Text

Exchange Referrals

BITCOIN

The Grand Daddy

  • First version of Crypto that failed to innovate

  • Largest Market Cap

  • Safest Crypto to bet on

ETHEREUM

The Platform Crypto

  • Indisposable community

  • Can't scale with it's current tech

  • Aims to resolve the issue in it's future version 

  • Potential to cross 1T$ Market Cap

  • Still an underpriced opportunity

DOGECOIN

The Meme Crypto

  • The most expensive Practical Joke of all time

  • The Crypto itself doesn't have anything valuable to offer over other Cryptos

  • Shilled by Elon Musk

  • Large supply makes it prone to Inflation

  • Ideal for Trading but not for Holding

BINANCE COIN

The Exchange Crypto

  • Lower transaction fees on Binance if paid via BNB

  • Huge Ecosystem

  • Backed by the Greatest Crypto Exchange

  • Partially Decentralised thus might face potential competition from Hyperledger Ecosystem which is backed by Big Tech Stocks

  • No brainer to convert your Dust to BNB

RIPPLE'S XRP

The Crypto for Banks

  • Fast, Secure, and almost Free International Payments

  • Currently used by Hundreds of Financial Institutions Worldwide

  • Not completely Decentralised

  • Ongoing Lawsuit against SEC

  • Large Market Cap

TETHER

The Stablecoin

  • Fiat on Blockchain

  • Loads of Controversies on how they operate

  • Best used as an intermediary for buying Crypto on Foreign Exchanges

CARDANO

The Visionary Crypto

  • Founded by one of the Co-founders of Ethereum

  • Aims to replace Ethereum

  • Smart Contracts are not supported yet

  • Research backing the project seems promising

  • Team has published more than 90 Research Papers

POLKADOT

The Interoperable Crytpo

  • Founded by one of the Co-founders of Ethereum

  • Aims to build an ecosystem where multiple Blockchains can work with each other

  • Inherently more secure

INTERNET COMPUTER

The Explosive Debut

  • Smart Contract Platform

  • Scalable

  • Big Debut, Big Team, Big Investors

  • Interoperable with Ethereum dApps 

  • Too early to judge

BITCOIN CASH

The Scalable Bitcoin

  • Faster Transactions

  • Lower Security

  • Baap-Baap hota h

UNISWAP

The DeFi Crypto

  • Unlike Binance which is a Centralised Exchange, Uniswap is a Decentralised Exchange

  • Largest Decentralised Exchange

  • More than just a DEX, offers other DeFi services as well

  • Automated Market Maker- aims to solve the problem of liquidity

  • Based on Ethereum and the work was informed directly by the Ethereum creator- Vitalik Buterin

LITECOIN

The Digital Silver

  • Silver to Bitcoin's Gold

  • Can produce greater number of coins than Bitcoin

  • Faster Transactions

USD COIN

Ethereum based Stablecoin

  • Transparency

  • Based on Ethereum

  • Backed by Circle and Coinbase

  • Achieved Regulatory Compliance

  • Will be supported on Visa's Payment Network

CHAINLINK

The Blockchain Bridge

  • The much needed bridge between centralised and decentralised systems

  • The protocol can simultaneously run on various Blockchains

  • Ethereum based

STELLAR

The Decentralized XRP

  • Faster, Cheaper, and Cleaner International Payments

  • Integrates the financial institutions into one ecosystem

  • Created by Co-founder of Ripple

  • Backed by Big Brands

  • Decentralised

NANO

The Green BTC

  • Faster

  • Feeless

  • Greener

  • Scalable

MONERO

The Privacy Coin

  • Untraceable Transactions

  • Can be mined using CPUs

  • Used for Illicit Activities on the Darknet

FILECOIN

The Storage Coin

  • Future of Data Storage

  • Decentralised Storage Network enabling a Permanent Web

  • Threat to Big Tech

  • Backed by YC

  • Founder's Vision is Legendary

POLYGON (MATIC)

​Ethereum's Internet of Blockchains

  • Indian Blockchain Startup

  • Backed by Mark Cuban

  • Aims to solve Ethereum's scalability problem

  • Multi-chain Ecosystem of Ethereum-compatible Blockchain

COSMOS

The Internet of Blockchains

  • Focuses on Long Term Interoperability- enabling different Blockchains to connect with each other

  • Interoperable and Scalable

  • Will enable Ethereum to Scale as well

  • Based on Proof of Stake

  • Promising Future; Underpriced Opportunity

EOS

The Partially Centralized Ethereum Alternative

  • Scalable Smart Contract Development Platform

  • Based on Delegated Proof of Stake

  • Eliminates Transaction Fees

  • Not dependent on Mining

  • Controlled by Whales in China

Crypto 101: List
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