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Bitcoin (BTC)

Bitcoin has no true mission statement, as it is not actively owned or managed by any central figure. As a cryptocurrency, it is believed by many to have been created in order to challenge and innovate the world's financial system.

Created in 2008-09 and launched with a now-infamous whitepaper penned under the name Satoshi Nakamoto, whose identity is still unknown
As the world's first and most well-known cryptocurrency, the coin has maintained its status as the top coin by market capitalization since its inception
Bitcoin will never exceed 21 million coins in circulation and many coins are believed to be permanently lost already, which likely makes the actual number far lower
The Bitcoin blockchain network is backed by an energy intensive proof-of-work model, making it the most secure network to exist in the world today

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Ethereum (ETH)

As the world's largest programmable blockchain, Ethereum has served as a global leader driving force in the world of blockchain and cryptocurrency.

The term Ethereum can be used to refer to both the blockchain network and cryptocurrency coin co-created by Vitalik Buterin and Gavin Wood
Circulation of the coin is currently unlimited, although that may change in the future
Unique blockchain that supports smart contracts, NFTs, purchases, and more
Proof-of-work model shifting to a proof-of-stake model with Ethereum 2.0 network update

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Litecoin (LTC)

Litecoin strives to provide a peer-to-peer internet currency that enables instant, low-cost payments around the world.

Founded in 2011 by Charlie Lee, a former Google engineer
Circulation of Litecoin is limited to 84 million potential coins
Unique blockchain network that is highly similar to Bitcoin and born from its source code
Proof-of-work model for blockchain rewarding and recording

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Dogecoin (DOGE)

While Dogecoin was originally created as a joke, it has long since left the realm of levity and has become a major contender in the cryptocurrency landscape thanks in large part to celebrity endorsements.

Dogecoin was created in 2013 by Billy Marcus and Jackson Palmer as a joke to mock the emerging cryptocurrency market by connecting it to a recognizable internet meme
Circulation of Dogecoin is completely unlimited and it has been criticized for being naturally inflationary
Dogecoin was created as a fork of Luckycoin, which was itself a fork of the Litecoin network
Proof-of-work model for blockchain rewarding and recording

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Chainlink (LINK)

Chainlink was created to help advance smart contract innovation and adoption through a community of developers and contributors.

Decentralized oracle network connecting smart contracts across different blockchains and protocols
Data can be transferred tamper-free across the network using Chainlink smart contracts
Built on the Ethereum network and backed by a “Proof-of-Reserve” to secure and audit data on the Chainlink blockchain

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Polygon (MATIC)

Formerly known as Matic Network, Polygon aims to provide tools and solutions to improve transaction speeds and reduce costs for blockchain networks.

The MATIC crypto token is the native coin of the larger Polygon network and service
Long-term, Polygon aims to create unique blockchain solutions, including entirely new networks offering unique opportunities for scalability and flexibility
MATIC token ownership allows owners to vote as part of the Decentralized Autonomous Organization (DAO) to help guide the future of Polygon development
Proof-of-Stake model for awarding coins across the network

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Stellar (XLM)

Stellar Lumens, or Stellar, aims to offer fast, low-cost transfers of money around the globe between any currencies.

Open-source network for currencies and payments which allows for transfers of money between traditional currencies and cryptocurrencies alike
The XLM token price is fueled by small transaction fees on the network that act against inflation as they are burned, meaning they are not rewarded to network operators
SCP, or Stellar Consensus Protocol is used to provide security, so no new tokens are created as part of the verification of transactions on the network

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