cryptocurrency we trust

Cryptocurrencies

The team at Crypto Answers is hard at work researching and vetting existing as well as up and coming coins and tokens. Because this is a relatively new epoch, there is a lot of disinformation that is targeting new entrants into the market that has less than good intentions. At Crypto Answers, we select and list all cryptocurrencies below based on a 5 point criterion:

  • Core development team behind the token
  • Technology being used
  • Utility or function of the token and its blockchain
  • Online and offline community support for the token
  • Various market fundamentals such as market capitalization and mainstream adoption to name a few.

Cryptocurrencies A through E

bitcoin logo

Bitcoin

Bitcoin uses peer-to-peer technology to operate with no central authority or banks; managing transactions and the issuing of bitcoins is carried out collectively by the network. Bitcoin is open-source; its design is public, nobody owns or controls Bitcoin and everyone can take part.

burstcoin logo

Burst

Burstcoin uses an advanced green algorithm to verify transactions. All you need is free space on your device to contribute to the network and mint your own coins. The algorithm favors smaller miners by design.

dashcoin logo

Dash

In Dash, everyone has a voice and the ability to propose projects directly to the network. Anything you can do – from marketing to development – that helps Dash grow and improve can be funded. This means Dash funds its own growth and adoption, consensus is guaranteed, and everyone is accountable to the network.

ethereum logo

Ethereum

Ethereum is a decentralized platform that runs smart contracts: applications that run exactly as programmed without any possibility of downtime, censorship, fraud or third party interference.

Cryptocurrencies F through J

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IOTA

As the Internet-of-Things keep expanding, the need for interoperability and sharing of resources become a necessity. IOTA enables companies to explore new business-2-business models by making every technological resource a potential service to be traded on an open market in real time, with no fees.

Cryptocurrencies K through O

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Litecoin

Litecoin features faster transaction confirmation times and improved storage efficiency than the leading math-based currency. With substantial industry support, trade volume and liquidity, Litecoin is a proven medium of commerce complementary to Bitcoin.

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Monero

Monero is a secure, private, untraceable currency. It is open-source and freely available to all. With Monero, you are your own bank. Only you control and are responsible for your funds; your accounts and transactions are kept private from prying eyes.

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NEM

NEM is a new code base that was written entirely in Java. It uses the POI (proof-of-importance) algorithm instead of POW (proof-of-work). NEM uses a client–server model where the NIS (NEM Infrastructure Server) runs independent of the NCC (NEM Community Client). This allows light clients to operate without running a full copy of the NEM blockchain.

Cryptocurrencies P through T

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Steem

Steem is a blockchain-based social media platform where anyone can earn rewards. Earn STEEM every time you post content valued by others.

Cryptocurrencies U through Z

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Zcash

Zcash is the first open, permissionless cryptocurrency that can fully protect the privacy of transactions using zero-knowledge cryptography. If Bitcoin is like http for money, Zcash is https — a secure transport layer.