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CRYPTO-COIN INVESTMENT

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What is the difference between a Crypto Coin & ERC-20 Token?

It’s very important that you understand the difference between a crypto-coin (altcoin) and a crypto-token (ERC-20 token) before putting your money in the digital market. 

 

A coin is a cryptocurrency that has its own blockchain. A blockchain is a ledger that records and stores digital information on a public database. A digital currency that is built with its own customized database or blockchain is an actual coin. Currencies that are developed on an existing blockchain are not coins.  

 

Bitcoin is the first and the most popular digital currency that was built on the blockchain. Other currencies were created or built to make improvements to the original blockchain of Bitcoin. These are called altcoins, as they are developed as an alternative to Bitcoin. The purpose of a coin is purely financial. Coins are created to enable users to perform secure and fast money transfers from one point to another.

 

ERC-20 Tokens, on the other hand, are developed on an existing blockchain. A Token represents an asset or a utility, and in no circumstances can it be treated as money. It still has a market value, but it is different from a coin. Most tokens are developed on the Ethereum Blockchain with the use of smart contracts

 

A Token is a form of security or backup to a decentralized application (DApp) that makes use of blockchain technology. The purpose of a token is completely for and within that particular application for which it has been created. For example, if there should be a KacieBusiness Token, the token can only be used on the platform to transact business but nowhere else. Tokens can still be transacted on the exchange, but their uses are limited. 

 

In summary, coins are only used as money and for making payments and money transfers. Tokens are backed by applications designed to perform specific tasks.  

 

The advantage of holding a token is the fact that it has a specific purpose and will never go out of demand as long as the application has real-world uses. 

TOP 10 POTENTIALLY PROFITABLE CRYPTO-COINS FOR 2020/2021

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COINS

COMPANY INFORMATION

EXCHANGE PLATFORMS

Nano was launched in 2015 by Colin LeMahieu, Nano is an open-source, sustainable, and secure next-generation digital currency. Designed to solve peer to peer transfer value, Nano aim is to revolutionize the world economy through an ultrafast and fee-less network that is open and accessible to everyone. 

With Nano, each account has its own blockchain as part of a larger directed acyclic graph.

Each individual user provides the computational power for the verification of their own transactions, meaning the entire network is not required to update the overall ledger together in massive blocks.

TRON (TRX) was founded in 2017 by Justin Sun through a Singapore-based non-profit called the Tron Foundation. Justin Sun is also the CEO of BitTorrent and acquired Steem in 2020.
The TRON Protocol enables developers to create smart contracts and decentralized applications (DApps), freely publish, own and store data and other content. The ecosystem surrounding this network specializes in offering massive scalability and consistent reliability capable of processing transactions at a high rate via high-throughput computing. 

Electroneum is a UK-based cryptocurrency. The company was launched in 2017 and is aims to provide a mobile-first payment solution for the world’s unbanked population, which to this day accounts for more than 1 billion people worldwide.

 

Electroneum app enables anyone to hold and transfer value in ETN instantly across the world at very little cost (a fraction of a US cent). They also launched a Freelance company, AnyTask, and a donation solution company, ETNDonate, which aims to make it easier for charities to promote themselves for free and receive international donations in ETN at zero cost and move anywhere in the world quickly. 

 

Steem is a social blockchain that grows communities and makes revenue streams possible for users by rewarding them for sharing content. It powers the Steemit app. 

EOSIO is a next-generation, open-source blockchain protocol with industry-leading transaction speed and flexible utility. Introduced in May 2017, it has since been widely recognized as the first performance blockchain platform for businesses worldwide. 

 

In essence, EOSIO operates as a smart contract platform and decentralized operating system intended for the deployment of industrial-scale DApps through a decentralized autonomous corporation model. The smart contract platform claims to eliminate transaction fees and also conduct millions of transactions per second. EOS (EOS) is software that introduces a blockchain architecture designed to enable vertical and horizontal scaling of decentralized applications. The EOS software provides accounts, authentication, databases, asynchronous communication, and the scheduling of applications across multiple CPU cores and/or clusters.

Tezos (XTZ) is a multi-purpose platform that supports decentralized applications (DApps) and smart contracts. It was developed by Arthur Breitman, with support from his wife Kathleen Breitman. Tezos launched its beta network in July 2018.

 

The Tezos platform aims to combine a self-correcting protocol and on-chain governance to manage network modifications, and supports complete smart contracts.

 

Tezos is also supported by the Tezos Foundation, which is a Swiss-based entity that promotes the Tezos protocol through grants and other capital vehicles.

Coinbase Pro

Binance 

Hotbit 

Huobi Global 

KuCoin 

IOTA (IOTA) is a distributed ledger for the Internet of Things that uses a directed acyclic graph (DAG) instead of a conventional blockchain.

 

Its quantum-proof protocol, Tangle, reportedly brings benefits like ‘zero fees, infinite scalability, fast transactions, and secure data transfer

.’

The IOTA Tangle is a Directed Acyclic Graph with no fees on transactions and no fixed limit on how many transactions can be confirmed per second in the network; instead, the throughput grows in conjunction with activity in the network; i.e.,,, the more activity, the faster the network.

Neo describes itself as an open-source platform driven by the community. It utilizes blockchain technology and digital identities to digitize and automate the management of assets using smart contracts. Using a distributed network, it aims to create a smart economy by building infrastructures of the next-gen Internet and creating a solid foundation for mass blockchain adoption.  

Waves Platform’s mission lies in creating an ecosystem that aims to accelerate the shift from centralized to decentralized systems and an emphasis on the individual’s control of their own funds and assets, personal data, and privacy. Waves Platform describes itself as an open network for Web 3.0 applications and custom decentralized solutions, with a range of purpose-designed tools for making the process of developing and running dApps easy and accessible. Launched in 2016, Waves has since released several blockchain-based solutions. Waves’ technology is designed to address the needs of developers and companies that want to leverage the properties of blockchain systems – including their security, auditability, verifiability, and the trustless execution of transactions and business logic.

 

In 2017, Waves launched its mainnet with LPoS, decentralized exchange DEX, and later the Waves-NG protocol. In 2018, the Waves development team delivered the first implementation of smart contracts. This was followed by the release of the RIDE programming language in 2019, a Straightforward, Predictable, and Failproof language for programming logic. In June 2019 the mainnet of Waves Enterprise, a global private blockchain solution, was launched. All of this is complemented with a broad infrastructure: an IDE for sandbox development, tools, SDKs, libraries, frameworks, and protocols for convenient and easy integrations.

Created in 2014 under its original name of DogecoinDark, Verge (XVG) is an open-source privacy coin with a team of international developers. Verge uses the anonymity tool Tor and an anonymous network layer I2P to hide specific transactions’ IP addresses and locations. Transaction speed on Verge is estimated to be at 5 seconds due to the use of Simple Payment Verification (SPV). The Core QT wallet has built-in TOR integration and SSL encryption which obfuscates the IP addresses of users. The introduction of the Wraith Protocol upgrade enables users to send and receive payments privately across the Verge blockchain by enabling stealth addressing services. Verge users are reportedly able to switch between private and public ledgers on the Verge blockchain. 

THE TOP EXCHANGE PLATFORMS TO PURCHASE BITCOIN AND ALTCOINS

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Ivan on Tech Academy is the world’s best Crypto & Blockchain learning platform for newbies, entrepreneurs, and investors. Ivan On Tech Academy was launched in 2017 by Ivan Liljeqvist and Filip Martinsson in Stockholm, Sweden. Ivan and Filip studied computer science together at KTH Royal Institute of Technology. Thereafter, their passion for programming, blockchain, and cryptocurrency led them to start Ivan On Tech Academy. 

 

Today Ivan On Tech Academy is the leading Online university for blockchain, cryptocurrencies, and programming. The platform has trained and educated over 20,000 students and has created top courses for students to become top professionals for the job market. Their courses range from introductory courses on Blockchain, Bitcoin, and programing to Smart Contract Programming, Bitcoin, and Blockchain Business Masterclass. They provide hundreds of assignments, quizzes, on-demand video courses, homework, and programming challenges.  As a student, you will have access to the following;

 

  • Graduation Certification 
  • Individual Support & Coaching 
  • Instant access to monthly releases of new courses 
  • Access to the student community 
  • Monthly Livestream Webinars 

 

However, to gain access to all courses, you’ll have to get a premium or professional plan. Their basic plan is good for complete beginners, but to get real insights into the space or to gain opportunities when it comes to employment or business-ventures the upgrade is way better. 

 

Visit the academy and learn more. 

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