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1. How does cryptocurrency work, and which of the
crypto is the best?

2. What is Cryptocurrencies?
Cryptocurrencies, also called cryptocurrencies or crypto assets, are a digital
medium of exchange. However, it is entirely digital, using cryptographic methods to
secure your financial transactions, control the creation of new units, and verify the transfer
of assets.
Therefore, we can consider them as a decentralized alternative to digital currencies .
By "decentralized" we mean that these coins are not controlled by a single service or
company. The same happens with conventional currencies, centralized and organized by
entities and banks, so they are an opposite method to both.
The first cryptocurrency was Bitcoin created by "Satoshi Nakamoto", a pseudonym
that corresponds to a person who nobody knows exactly who he is . This person published
an article in 2009 in which he described a P2P payment system that he called Bitcoin.

3. How cryptocurrencies work
To understand how cryptocurrencies work, you must also understand several basic
concepts. The first is that it is based on a decentralized computer network, which involves
nodes distributed throughout the world with copies of all the transactions that have been
carried out. The second concept is that of the miners, people who are part of the nodes, and
who have the incentive that every time new Bitcoins are generated, they are distributed
among those who are part of these nodes.
Another important concept is that of exchanges, which are companies that allow you to
exchange currencies such as euros or dollars for Bitcoins and get into the world more
easily. When you get them, they are stored in the 'Wallets' or portfolios, which are
applications that allow you to save or exchange them.

4. Ethereum
Ether is the second largest cryptocurrency produced in 2015 , with a market
capitalization of $316 billion, and is logically one of the best digital currencies to invest in.
Ether may not be a cheap buy , but it's worth it because it's one of the best. Ethereum is an
open source decentralized blockchain that allows users to create smart contracts. The
platform's active crypto is Ether (ETH) . After Bitcoin, it is the second largest
cryptocurrency in terms of market capitalization .
The most widely used blockchain Development Company is Ethereum . It is
credited with laying the foundation for what is now known as decentralized finance (DeFi)
. Due to the early success of Ethereum, the blockchain is now used by a significant part of
the DeFi industry.

5. polygonal
Polygon is an Ethereum compatible blockchain interoperability platform. The
MATIC token remains central to this asset. Polygon is a framework for creating
blockchain networks that are interconnected. The Polygon project is one of the most recent
attempts at blockchain interoperability and scaling , and aims to alleviate some of the
apparent limitations of projects like Polkadot and Cosmos.
EOS
This smart contract platform claims to be able to execute millions of transactions per
second while also eliminating transaction fees. It thus becomes one of the best
cryptocurrencies to invest. Although EOS has considerable promise , Ethereum is its main
rival and is now more popular.

6. IOTA
IOTA is an open source cryptocurrency and distributed ledger built for the Internet
of Things, allowing it to stand out among the best to invest in. The marketplace has been
created to allow companies to sell data in order to promote data sharing . Also, the market
is blockless , which means that all transactions on the network are free . IOTA has been
acclaimed due to these factors.
BitTorrent
BitTorrent (BTT), one of the best to invest in, is a cryptographic token that was created as
an extension of the BitTorrent protocol . The BTT coin crypto platform is being developed
to expand the capabilities of the protocol.The BitTorrent team, for example, is working to
make the infrastructure ideal for third-party application developers.

7. COMPANY BLOCKCHAINX
WEBSITE https://www.blockchainx.tech/token-migration
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