Knowledge
What is cryptocurrency?
Cryptocurrencies are digital currencies that are encrypted with equations and have the strength of being intangible and intangible. And there is no fixed value for cryptocurrencies. It was created for online transactions. Blockchain technology is a system behind it, which solves the disadvantages of central systems. (Centralized) by making transactions fast, secure, transparent, verifiable, and difficult to modify. Well-known cryptocurrencies include Bitcoin, Ethereum, Ripple, Stellar, and more than 1,000 others.
What is Bitcoin?
Bitcoin was the first cryptocurrency to be created. It used to be worth more than 20,000 USD (Coin Market cap as of December 17, 2017). Today, many countries are interested in and using Bitcoin to trade in commodities. And services can be like a regular currency (Fiat)
Since Bitcoin was created a limited amount of $ 21 million. And to prevent inflation Together with not setting the value that Of course, the value fluctuates all the time according to the market demand.
How to acquire Bitcoin
Trade and exchange in the cryptocurrency exchange (Exchange) using Fiat-Crypto or Crypto-Crypto currency.
Mining or using computer resources to help solve equations. And if done as quickly as possible, you will receive Bitcoin as a reward.
Playing games and getting free giveaways (Airdrop)
Bitcoin was the first cryptocurrency to be created. It used to be worth more than 20,000 USD (Coin Market cap as of December 17, 2017). Today, many countries are interested in and using Bitcoin to trade in commodities. And services can be like a regular currency (Fiat)
Since Bitcoin was created a limited amount of $ 21 million. And to prevent inflation Together with not setting the value that Of course, the value fluctuates all the time according to the market demand.
How to acquire Bitcoin
Trade and exchange in the cryptocurrency exchange (Exchange) using Fiat-Crypto or Crypto-Crypto currency.
Mining or using computer resources to help solve equations. And if done as quickly as possible, you will receive Bitcoin as a reward.
Playing games and getting free giveaways (Airdrop)
What is Ethereum?
Ethereum is a cryptocurrency developed by Russian citizen Vitalik Buterin in 2013 at the age of less than 20. Vitalik was previously one of the Bitcoin developers, but due to his flaws and The limitations of Bitcoin then started the creation of Ethereum. Ethereum has the potential to be equal to Bitcoin but added to the so-called Smart Contracts that allow developers to program. Into the Ethereum data to perform various tasks According to the conditions determined automatically This feature makes it possible to build applications on the Ethereum network for another layer.It is a very versatile application, unlike Bitcoin that focuses on financial transactions. Alone, Ethereum has Open Source software that is maintained by the Ethereum Foundation, a local non-profit organization. Switzerland
Ethereum is a cryptocurrency developed by Russian citizen Vitalik Buterin in 2013 at the age of less than 20. Vitalik was previously one of the Bitcoin developers, but due to his flaws and The limitations of Bitcoin then started the creation of Ethereum. Ethereum has the potential to be equal to Bitcoin but added to the so-called Smart Contracts that allow developers to program. Into the Ethereum data to perform various tasks According to the conditions determined automatically This feature makes it possible to build applications on the Ethereum network for another layer.It is a very versatile application, unlike Bitcoin that focuses on financial transactions. Alone, Ethereum has Open Source software that is maintained by the Ethereum Foundation, a local non-profit organization. Switzerland
What is Ripple?
Ripple is another cryptocurrency created by Ryan Fucker, a Vancouver, Canadian-based web developer, and San Francisco-based Ripple. 2012, focusing on providing payment gateway services that use Blockchain technology to solve the complex and complex problems of international money transfers and cross-currency transfers. Which the main target group is Banks and financial institutions
Ripple is different from other cryptocurrencies. Ripple's network is a closed network (Private Network) that allows banks and Members can only use it. However, the technology has attracted the attention of many banks around the world including Thailand. As a result, Digital Ventures, a subsidiary of Siam Commercial Bank, entered into an investment in 2016.
Ripple encourages banks to use Ripple (XRP) to transfer funds instead of fiat money. As Ripple's processing system (XRP) can process up to 1,000 transactions per second, or the equivalent of VISA, transfers are faster and more efficient. Fewer fees Ripple's system differs from Bitcoin in that the transaction confirmation is not an individual, but a reliable financial institution. Is the auditor of the transaction instead.
Ripple is another cryptocurrency created by Ryan Fucker, a Vancouver, Canadian-based web developer, and San Francisco-based Ripple. 2012, focusing on providing payment gateway services that use Blockchain technology to solve the complex and complex problems of international money transfers and cross-currency transfers. Which the main target group is Banks and financial institutions
Ripple is different from other cryptocurrencies. Ripple's network is a closed network (Private Network) that allows banks and Members can only use it. However, the technology has attracted the attention of many banks around the world including Thailand. As a result, Digital Ventures, a subsidiary of Siam Commercial Bank, entered into an investment in 2016.
Ripple encourages banks to use Ripple (XRP) to transfer funds instead of fiat money. As Ripple's processing system (XRP) can process up to 1,000 transactions per second, or the equivalent of VISA, transfers are faster and more efficient. Fewer fees Ripple's system differs from Bitcoin in that the transaction confirmation is not an individual, but a reliable financial institution. Is the auditor of the transaction instead.
What is Stellar?
Stellar is a cryptocurrency developed by Ripple by Jed McCaleb, founder of the world's largest digital asset exchange, Mt Gox (Mount GOX), hosted by Forbes, a popular US magazine. Ranked 40th among the richest people in the world So the fact that Jed McCaleb launched Stellar in July 2014 has been a big draw for the cryptocurrency industry. Stellar's initials were STR but changed to XLM from 2015 until. present
Stellar is an Open Source Platform designed exclusively for the financial system. Unlike Ripple, which serves large corporations and financial institutions in different countries, Stellar also brings Blockchain technology to help reduce costs. Speed up And facilitating the user There are many forms of money transfers, including regular money transfers (Payment) orremittances to recipients with the same currency And transfer of foreign currency (Path Payment) that can transfer money from one currency to the recipient. Can be another currency The fees and exchange rates are less than those of financial institutions such as transferring baht money to the destination account. Who wants the yen The system will automatically exchange from baht to yen. Calculated from the lowest exchange rate at that time
Stellar is a cryptocurrency developed by Ripple by Jed McCaleb, founder of the world's largest digital asset exchange, Mt Gox (Mount GOX), hosted by Forbes, a popular US magazine. Ranked 40th among the richest people in the world So the fact that Jed McCaleb launched Stellar in July 2014 has been a big draw for the cryptocurrency industry. Stellar's initials were STR but changed to XLM from 2015 until. present
Stellar is an Open Source Platform designed exclusively for the financial system. Unlike Ripple, which serves large corporations and financial institutions in different countries, Stellar also brings Blockchain technology to help reduce costs. Speed up And facilitating the user There are many forms of money transfers, including regular money transfers (Payment) orremittances to recipients with the same currency And transfer of foreign currency (Path Payment) that can transfer money from one currency to the recipient. Can be another currency The fees and exchange rates are less than those of financial institutions such as transferring baht money to the destination account. Who wants the yen The system will automatically exchange from baht to yen. Calculated from the lowest exchange rate at that time
What is OmiseGo?
OmiseGo was founded by a Japanese named Jun Hasegawa and a Thai friend Don Issara Harinasut, founded in Thailand in 2013 with the first business being e-commerce and later realized that being a Payment Gateway could expand the way In this business. Therefore changing the business direction seriously Which has the first investor, Tob Taokaenoi
Omise plans to build its own Blockchain called The OmiseGo network and OMG coin will be used to be OmiseGo's proof-of-stake, but currently, on the ERC-20 platform, all users will be able to perform a variety of financial transactions such as payments, money transfers, payroll, B2B commerce, Supply-chain finance, asset management, exchange Or various services In a completely decentralized way and the price is not too high
OmiseGo was founded by a Japanese named Jun Hasegawa and a Thai friend Don Issara Harinasut, founded in Thailand in 2013 with the first business being e-commerce and later realized that being a Payment Gateway could expand the way In this business. Therefore changing the business direction seriously Which has the first investor, Tob Taokaenoi
Omise plans to build its own Blockchain called The OmiseGo network and OMG coin will be used to be OmiseGo's proof-of-stake, but currently, on the ERC-20 platform, all users will be able to perform a variety of financial transactions such as payments, money transfers, payroll, B2B commerce, Supply-chain finance, asset management, exchange Or various services In a completely decentralized way and the price is not too high
What is Chainlink?
LINK is a cryptocurrency in ChainLink, the first decentralized Oracle database service that acts as an intermediary between business data and the Blockchain where users can retrieve data from Application Program Interfaces (APIs) on the Web or other applications. Connected to Oracle's database network to be put into the Blockchain to create a Smart Contract that can be used as a trading contract or business agreement that can benefit from Blockchain, ie it can work automatically and securely Can't falsify or deflect the contract And can also pay as well Cryptocurrency The currency that you want
LINK is a cryptocurrency in ChainLink, the first decentralized Oracle database service that acts as an intermediary between business data and the Blockchain where users can retrieve data from Application Program Interfaces (APIs) on the Web or other applications. Connected to Oracle's database network to be put into the Blockchain to create a Smart Contract that can be used as a trading contract or business agreement that can benefit from Blockchain, ie it can work automatically and securely Can't falsify or deflect the contract And can also pay as well Cryptocurrency The currency that you want
What is Tether?
Tether is based on a technology known as the Omni Layer (formerly "Mastercoin"), open-source software, and decentralized asset platform. The main goal is to provide a platform to generate tokens that can symbolize assets and currencies using the Bitcoin blockchain. USDT, or United States Dollar Tether, is a digital currency "tied" to the US dollar. Tether states that 1 USDT is valued at $ 1. Tether is classified as a new type of cryptocurrency, known as "Stablecoins". Stablecoins were created to bridge the gap between fiat currencies and cryptocurrencies. By offering a fixed price And is equivalent to a coin or token
Tether is based on a technology known as the Omni Layer (formerly "Mastercoin"), open-source software, and decentralized asset platform. The main goal is to provide a platform to generate tokens that can symbolize assets and currencies using the Bitcoin blockchain. USDT, or United States Dollar Tether, is a digital currency "tied" to the US dollar. Tether states that 1 USDT is valued at $ 1. Tether is classified as a new type of cryptocurrency, known as "Stablecoins". Stablecoins were created to bridge the gap between fiat currencies and cryptocurrencies. By offering a fixed price And is equivalent to a coin or token
What is USD Coin?
USD Coin launched on September 28, 2018, is a joint project between Circle and Coinbase to create the so-called “Programmable Dollar” or dollar that can be programmed. To enable entrepreneurs to plan their business on the USDC network.
USDT, or United States Dollar Tether, is a digital currency "tied" to the US dollar. Tether states that 1 USDT is valued at $ 1. Tether is classified as a new type of cryptocurrency, known as "Stablecoins". Stablecoins were created to bridge the gap between fiat currencies and cryptocurrencies. By offering a fixed price And is equivalent to a coin or token
USD Coin launched on September 28, 2018, is a joint project between Circle and Coinbase to create the so-called “Programmable Dollar” or dollar that can be programmed. To enable entrepreneurs to plan their business on the USDC network.
USDT, or United States Dollar Tether, is a digital currency "tied" to the US dollar. Tether states that 1 USDT is valued at $ 1. Tether is classified as a new type of cryptocurrency, known as "Stablecoins". Stablecoins were created to bridge the gap between fiat currencies and cryptocurrencies. By offering a fixed price And is equivalent to a coin or token