NowToCrypto

Crypto Encyclopedia

Learn about popular cryptocurrencies and their features

Layer 1

BTC

What is Bitcoin (BTC)?

Bitcoin is the world's first decentralized cryptocurrency, created by Satoshi Nakamoto in 2009, launching the blockchain revolution.

ETH

What is Ethereum (ETH)?

Ethereum is the world's largest smart contract platform, powering DeFi, NFTs, and decentralized applications.

SOL

What is Solana (SOL)?

Solana is a high-performance blockchain known for blazing-fast transactions and low fees, popular for DeFi and NFTs.

ADA

What is Cardano (ADA)?

Cardano is an academic research-driven blockchain platform emphasizing security, scalability, and sustainability.

AVAX

What is Avalanche (AVAX)?

Avalanche is a high-speed smart contract platform known for sub-second finality and subnet architecture for enterprise blockchain applications.

DOT

What is Polkadot (DOT)?

Polkadot is a cross-chain interoperability protocol enabling secure data and asset exchange between different blockchains.

TRX

What is TRON (TRX)?

TRON is a decentralized content sharing and entertainment platform, known for high throughput and stablecoin transfers.

LTC

What is Litecoin (LTC)?

Litecoin is known as 'digital silver,' an early Bitcoin fork offering faster confirmations and lower fees.

BCH

What is Bitcoin Cash (BCH)?

Bitcoin Cash is a Bitcoin hard fork focused on increasing transaction capacity and reducing payment fees.

NEAR

What is NEAR Protocol (NEAR)?

NEAR Protocol is a user-friendly Layer 1 blockchain achieving high scalability through sharding technology.

APT

What is Aptos (APT)?

Aptos is a next-generation Layer 1 blockchain built by former Meta team members, developed using the Move language.

ETC

What is Ethereum Classic (ETC)?

Ethereum Classic is Ethereum's original chain, preserved after the 2016 DAO incident when the community split over reversing transactions.

SUI

What is Sui (SUI)?

Sui is a next-generation high-performance Layer 1 blockchain by former Meta team members, using Move language and an object-oriented model.

FTM

What is Fantom (FTM)?

Fantom is a high-performance, DAG-based smart contract platform designed for DeFi and enterprise applications with near-instant finality.

ALGO

What is Algorand (ALGO)?

Algorand is a pure proof-of-stake blockchain designed for speed, security, and decentralization, founded by MIT professor Silvio Micali.

EGLD

What is MultiversX (EGLD)?

MultiversX (formerly Elrond) is a high-throughput blockchain using adaptive state sharding for internet-scale applications.

FLOW

What is Flow (FLOW)?

Flow is a fast, developer-friendly blockchain built by Dapper Labs (creators of CryptoKitties) for NFTs, games, and digital collectibles.

SEI

What is Sei (SEI)?

Sei is a Layer 1 blockchain specifically optimized for trading, featuring a built-in order book and the fastest finality in the industry.

DeFi

Infrastructure

BNB

What is BNB?

BNB is the native token of the Binance ecosystem, used for trading fees, Launchpad participation, and BNB Chain applications.

XRP

What is XRP?

XRP is a digital payment token developed by Ripple, focused on cross-border payments and instant settlement between financial institutions.

LINK

What is Chainlink (LINK)?

Chainlink is a decentralized oracle network providing reliable off-chain data to smart contracts, serving as critical DeFi infrastructure.

ICP

What is Internet Computer (ICP)?

Internet Computer is a decentralized cloud computing platform by DFINITY, aiming to host the entire internet on blockchain.

FIL

What is Filecoin (FIL)?

Filecoin is a decentralized storage network where users rent out idle hard drive space to earn FIL tokens.

ATOM

What is Cosmos (ATOM)?

Cosmos is the 'Internet of Blockchains,' enabling interoperability between different blockchains through the IBC protocol.

XLM

What is Stellar (XLM)?

Stellar is a blockchain network focused on cross-border payments and financial inclusion, offering fast, low-cost international transfers.

HBAR

What is Hedera (HBAR)?

Hedera is an enterprise-grade distributed ledger platform using DAG technology for efficient consensus.

RENDER

What is Render (RENDER)?

Render Network is a decentralized GPU computing network where users rent idle GPUs for 3D rendering and AI computation.

FET

What is Fetch.ai (FET)?

Fetch.ai is an AI and blockchain platform enabling autonomous agents to perform tasks like data sharing, DeFi optimization, and supply chain management.

GRT

What is The Graph (GRT)?

The Graph is a decentralized indexing protocol for querying blockchain data, often called the "Google of blockchains."

VET

What is VeChain (VET)?

VeChain is a blockchain platform focused on supply chain management and enterprise solutions, enabling product tracking and verification.

THETA

What is Theta Network (THETA)?

Theta Network is a decentralized video streaming and delivery platform that rewards users for sharing bandwidth and resources.