Bitcoin is the most famous electronic currency (cryptocurrency) and the first decentralized payment network based on blockchain technology, which works on a peer-to-peer basis and is served by users without a central governance or intermediaries. The concept is based on a self-published document in 2009 by anonymous Satoshi Nakamoto. The Bitcoin network is a chain of blocks (blockchain), a public collective ledger of transactions and balances.
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Ethereum is a blockchain platform for creating decentralized online applications controlled by the functions of smart contracts. The Ethereum platform is positioned as the only decentralized virtual machine. Designed by Vitalik Buterin and launched in 2015. The platform has its own cryptocurrency Ether (ETH). At the moment, a large number of tokens, decentralized markets, games, and decentralized financial services (DeFi) are already operating on the Ethereum blockchain.
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Karbo (Electronic Karbovanets) is a privacy-oriented cryptocurrency and decentralized peer-to-peer exchange network that provides confidentiality and anonymity of transactions without intermediaries and regulators. Karbo is cryptographically protected (encrypted) information, KRB are units of exchange (information) that are protected from copying and counterfeiting by blockchain technology. Karbovanets was created in 2016 by Ukrainian programmers based on the CryptoNote protocol. There was no premine.
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Litecoin is a fork of Bitcoin, a peer-to-peer Internet currency, a peer-to-peer electronic global payment system. Litecoin was conceived and created by Charles Lee in 2011 as an alternative to Bitcoin and has a number of differences from it. The blockchain of Litecoin is capable of processing a larger volume of transactions and allows faster confirmation of transactions due to more frequent block generation. Also, the Litecoin network has low fees.
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Dogecoin - coin with an unlimited emission that emerged in 2013 as a playful cryptocurrency and was named after the famous Internet meme Doge (yellow dog). Dogecoin was created by programmer Billy Markus and is based on the Luckycoin cryptocurrency blockchain, which in turn is based on Litecoin, which is a fork of Bitcoin. Subsequently, Dogecoin gained popularity among traders as a coin for fast transfers between exchanges due to the high speed of transaction confirmation.
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Monero is a decentralized payment network, cryptocurrency with open source code based on the CryptoNote protocol, focused on increased anonymity of transactions and user balances. Monero cryptocurrency appeared in 2014 as a fork of Bytecoin. The network was launched with a Proof-of-Work mining algorithm. The main feature of Monero is the use of the CryptoNote protocol based on ring signatures - thanks to this mixing, all transactions in the system are anonymous.
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Cardano is a distributed computing platform that manages the blockchain for its own cryptocurrency ADA. Cardano was created in 2017 by blockchain technology development company Input Output Hong Kong (IOHK) and Charles Hoskinson, the former co-founder of BitShares, Ethereum and Ethereum Classic. The Cardano blockchain aims to launch smart contracts, decentralized apps, sidechains, and multithreaded settlements. It is based on the improved Proof-of-Stake Ouroboros protocol.
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Waves is a blockchain platform for launching cryptographic tokens, which operates on the basis of LPoS consensus. The platform also has its own cryptocurrency WAVES. Waves Platform was founded in 2016 by Alexander Ivanov. The Waves platform has its own decentralized WavesDEX token exchange platform with a fiat and cryptocurrency gateway. LPoS consensus allows token holders to receive rewards from leasing.
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Decentralized payment system and cryptocurrency, the blockchain of which uses an anonymous transaction mechanism called PrivateSend. The operation of the PrivateSend transaction mixing mechanism (based on the CoinJoin service) is provided by Masternodes - special nodes (servers) of the network. Dash was originally created in 2014 under the name XCoin (XCO), later the name was changed to Darkcoin, and only then the cryptocurrency was introduced as Dash.
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KUB Token (KUB)
KUB Token is an operational token of the Richamster cryptocurrency exchange, issued on the Waves Platform in 2019. It is used to activate trading statuses of users and receive a discount on trading commissions. KUB is also used to trade on the exchange, to activate additional features and advanced options of the exchange, and to receive individual bonuses. In addition, the use of KUB is a prerequisite for participation in the annual tournament of traders of the Richamster exchange.
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