Types of Cryptocurrencies

Ethereum (ETH), a decentralized framework for creating and running decentralized applications (dApps) independent from 3rd party interference, fraud, or control, is the first Bitcoin alternative on our list. The aim of Ethereum is to set up a global system of financial services that anybody, no matter their country of origin, skin colour, or faith, can access without restrictions. The repercussions for such persons are made more compelling by the fact that people in some countries who lack governmental infrastructures and formal identity can access bank balances, loans, coverage, and a broad range of other financial items.

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