Protocol Coins You Must Know About

Usman Sheikh

Bitcoin (BTC) - The first and most well-known protocol coin, Bitcoin was created in 2009 and operates on a decentralized network.

Ethereum (ETH) - Ethereum is a decentralized platform that runs smart contracts, enabling the creation of decentralized applications.

Ripple (XRP) - Ripple is a real-time gross settlement system that provides fast and secure cross-border transactions.

Litecoin (LTC) - Litecoin is a peer-to-peer cryptocurrency that provides faster transactions and lower fees compared to Bitcoin.

Cardano (ADA) - Cardano is a smart contract platform that uses a proof-of-stake consensus algorithm for faster and more energy-efficient transactions.

Binance Coin (BNB) - Binance Coin is the native cryptocurrency of the Binance exchange, and is used to pay for trading fees and other services on the platform.

Polkadot (DOT) - Polkadot is a multi-chain platform that allows different blockchain networks to communicate and transfer value with each other.

Chainlink (LINK) - Chainlink is a decentralized oracle network that enables smart contracts to securely access off-chain data.

Solana (SOL) - Solana is a high-performance blockchain platform that provides fast and cheap transactions for decentralized applications.

Dogecoin (DOGE) - Dogecoin started as a joke but has gained a loyal following and is used for online transactions and micropayments.

EOS (EOS) - EOS is a blockchain platform that provides fast and scalable transactions for decentralized applications.