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Digital Currency(for 11 graders) Andy, common ground: all of these online…
Digital Currency(for 11 graders) Andy
Issue Time：2009
Bitcoin is a decentralized cryptocurrency created in 2009. Decentralization means that there is no any third-party organization to verify the transaction. Unlike those traditional currency, Bitcoin is not published by any organization. It is produced by a mass calculation on the network due to some specific algorithm.
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Issue Time: 2013~2014
Ethereum is a decentralized, open-source public blockchain platform that has a smart contract functionality. It uses Ether(ETH, the native cryptocurrency of Ethereum) to support a decentralized Ethereum Virtual Machine(EVM) to deal with peer to peer contract.
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Issue Time: 2013
Dogecoin is just a kind of cryptocurrency, similar to Bitcoin or Ethereum. The origin of Dogecoin was simply some joke for crypto enthusiasts. It become more and more popular in 2021. While it takes 10 minutes to create a new block in the Bitcoin blockchain, it only takes 1 minute to create a new block in the Dogecoin blockchain.
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Issue Time: Around 2018
The non-fungible token, which is also called digital currency collection, is a kind of cryptographic token in the blockchain network. It can be completely a digital asset, or a realistic asset in the form of a digital token. Its characteristic is uniqueness.
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