6 Popular Types of Cryptos and How They Work

Thousands of cryptos are there but all of them are not the same. Here in this post, we have disclosed the top 6 popular cryptos.

Many have heard that cryptos are digital currencies that are secured by cryptography. But how many types of cryptos are there? It is not just Ethereum and bitcoin making waves, there are plenteous cryptos that exist. In this post, we take a look at the top 6 cryptos and give you some knowledge about them.

What are the various kinds of cryptos?

2-     ETH- Ethereum

It is the crypto that runs in the Ethereum blockchain. Similar to BTC, it runs on its blockchain but unlike BTC it is unsealed which means that an infinite number of coins can be formed theoretically. ETH also supports smart contracts which are the program that operates on the ETH blockchain and are executed automatically when specific conditions are met.

3-     BNB- Binance Coin

5-     SOL- Solana

It is the native coin of the platform Solana that works on a blockchain system similar to BTC and ETH. Solana network can carry out a whopping 50,000 transactions each second, making it appealing to investors who are looking to trade faster.

6-     XRP-