Ducatus discusses the types of cryptocurrency.

1. THE TYPES OF
CRYPTOCURRENCY
DUCATUS PRESENTS

2. Introduction
Back in 2009, a man known as Satoshi Nakamoto
released Bitcoin, the first cryptocurrency that became
popular to the mainstream market. Bitcoin was
created to end double payments and offer a new
form of currency to the public. Since then, many
other types of cryptocurrency have emerged, each
with their own characteristics. It’s important to know
that cryptocurrencies operate on one of two
algorithms: SHA-256 or scrypt (altcoin). Let’s take a
look at some of the cryptocurrencies that have
opened the door to new ones, such as Ducatus Coin.

3. Bitcoin
Bitcoin uses blockchain technology to make
peer-to-peer transactions. The Bitcoin owner
has a private key that enables him or her to
not only view the transaction but also to
encrypt it. Since it utilizes a decentralized
server, Bitcoin users control the sending and
receiving of transactions worldwide. It
operates on the SHA-256 algorithm.

4. Litecoin
An alternative to Bitcoin or altcoin,
Litecoin promises faster transaction
times, a larger coin limit (84 million) and
operates on a scrypt algorithm. It is a
fork of Bitcoin.

5. Ether
Ether has its own blockchain, Ethereum.
As an altcoin, it has many of the same
attributes as Bitcoin, but Ethereum is
programmable so developers can build
new applications using it (e.g.
cryptocurrency wallets).

6. Ripple
Ripple is an altcoin and a digital payment
network for the financial sector. It connects
payment providers and banks via RippleNet,
which runs on a more advanced blockchain
technology than Bitcoin. It provides the option for
source liquidity in real time via XRP. Ripple
focuses on moving large amounts of money
globally, rather than peer-to-peer transactions.

7. Zcash
Also an altcoin, Zcash focuses on privacy. It
features zero-knowledge proofs that allow
transactions to be verified anonymously
without revealing details (e.g. sender). For
compliance or an audit, Zcash does allow a
user to reveal transaction details. It also
allows for transparent transactions in using
wallets and non-private exchanges.

8. These cryptocurrencies are the pioneers in the crypto
space. They are proof that new and alternative forms of
currency exist and are gaining popularity. The Ducatus
Coin (DUC) was created on the same principle of giving
people a choice in currency. We have made it even easier
to use the Ducatus Coin with our network of businesses,
which other cryptocurrencies do not offer. You may use
your Ducatus Coin in many ways, from purchasing coffee
to buying properties in Dubai.

9. THANK YOU
FOR YOUR TIME
DUCATUSGLOBAL.COM