Classification of Digital Coins

Originally it was just the Bitcoin (BTC) with the invention of the Cryptocurrencies and the dawn of associated Blockchain technology but the past few years have seen a mushroom growth of the brand new digital assets classified into different categories. For a layman, most of the Cryptos are still digital forms of payment but the actually it is not that simple. Let’s dig in a little further & try to decode the “mystery”. Cryptocurrencies: The most generalized & commonly known of all the digital coins. Also known as the digital currencies & the payment tokens the premiere example of this…...