A Sample of Current Cryptocurrencies

Cryptocurrencies pic
Cryptocurrencies
Image: investopedia.com

A graduate of the Juris Doctor program at Seton Hall University’s School of Law, Braeden Anderson has dedicated much of his career to the implications of financial technologies on the legal system. In addition to Financial Industry Regulatory Authority (FINRA), regulation policies, and corporate law, Braeden Anderson holds expertise in cryptocurrencies.

There are hundreds of different cryptocurrencies on the market today. These include Bitcoin, which holds the largest share of the cryptocurrency market. A trendsetter in the space, Bitcoin launched in 2009 and trailblazed the use of peer-to-peer technology to facilitate transactions.

Outside of Bitcoin, Litecoin, which commenced in 2011, offers faster transaction confirmations and an open source global payment network. Ethereum, inaugurated in 2015, has become the second largest cryptocurrency, offering a decentralized software platform that enables coding, decentralization, security, and trading to take place. Alternatively, Ripple offers low-cost international payments via a global settlement network. Other recently launched cryptocurrencies include Zcash, which was introduced in 2016, and Monero and Dash, which both emerged in 2014.