Cryptocurrency Q&A
What cryptocurrencies are based on a blockchain?
What cryptocurrencies are based on a blockchain?
Michele
Fri Jul 05 2024
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6 answers
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Could you elaborate on which cryptocurrencies are founded upon the blockchain technology? I'm curious to understand which digital currencies utilize this decentralized ledger system to record transactions in a secure and transparent manner. Blockchain technology is often cited as a key component in the cryptocurrency landscape, and I'm interested in knowing which specific coins or tokens are built on this innovative framework. Your insights into this matter would be greatly appreciated.
6 answers
Ilaria
Sun Jul 07 2024
However, not all cryptos begin their journey from a blank slate. Some are built on top of an existing blockchain, leveraging its infrastructure and security.
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SeoulStyle
Sun Jul 07 2024
Ether, for instance, is the native currency of the Ethereum blockchain. It powers the network's smart contracts and decentralized applications.
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Maria
Sun Jul 07 2024
Cryptocurrencies represent a diverse range of digital assets, encompassing various blockchains and ecosystems.
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HanjiArtist
Sun Jul 07 2024
Despite its native status, Ether is also traded on numerous exchanges beyond Ethereum's ecosystem. These include popular platforms such as Coinbase, Binance.US, Ninjatrader, and Robinhood.
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amelia_jackson_environmentalist
Sun Jul 07 2024
These exchanges offer traders the opportunity to buy, sell, and exchange Ether alongside a wide range of other cryptocurrencies. By doing so, Ether's liquidity and accessibility are greatly enhanced.
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