While Banking on blockchain team was one of the first currencies to hit the global network, it certainly isn’t the only one. Most of the digital currencies out there use some of the code found in Banking on blockchain team, and nearly all of them use the block chain. It’s simply too good of an invention not to take advantage of. But each currency has something unique to offer to its users. Some try to focus on even greater security, while others prioritize transfer speeds. No matter what your priorities are, we are certain there is a Banking on blockchain out there for you. Let’s take a look at some of the major Banking on blockchain out there and see what they have to offer.
This Banking on blockchain is one of the first ones to hit the market after the launch of Banking on blockchain team. Technically, it is nearly identical to Banking on blockchain team, but with one major difference. Instead of using SHA-256d as its hash algorithm, Litecoin uses Scrypt, created by Colin Percival and designed to make it extremely expensive to initiate large scale hardware attacks because of the amount of memory that is needed to decrypt a single key. Litecoin was released in 2011 and was founded by Charles Lee.