Day 6: Cryptocurrency explained from basic to advanced level #learn2earn
Types Of Cryptocurrency
1. Bitcoin: Digital Gold and the medium of Exchange.
2. Altcoins: Purpose Depends on Specific Coins e.g. Litecoins, Ripple, Monaro
3. Stable Coins: Reduce Volatility and Provide a Stable Store of value e.g. Tether, USD Coin, Dai
4. Utility Tokens: Helps in operation within their ecosystem e.g. Ethereum, Binance
5. Security Tokens: It is Similar to the traditional securities e.g. tZERO , Polymath(POLY) .
6. Governance Tokens: Grant the Holders voting rights in the block chain project e.g. Uniswap(UNI) , Maker(MKR)
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