By Matthew Makowski The term cryptocurrency covers a wide breadth of digital currencies. But at the most basic level, the different types of cryptocurrencies can be broken down into two categories. First, there’s Bitcoin. And then there’s everything else. Everything else can be referred to as an altcoin. But it can get much more granular than that.
Once upon a time, all cryptocurrencies were simply seen as competing forms of digital money. But as the crypto market has matured, it’s now obvious that’s no longer the case. Today, we can classify the various types of cryptocurrencies based on their intended (or applied) use.
That being …read more
