Popular Cryptocurrencies
here are numerous cryptocurrencies in existence today, with some of the most notable being:
Bitcoin:
Launched in 2009, Bitcoin is the very first cryptocurrency and continues to be the most widely traded. It was created by someone (or a group of people) under the pseudonym Satoshi Nakamoto, though their true identity remains a mystery.
Ethereum:
Introduced in 2015, Ethereum is a blockchain platform with its own cryptocurrency known as Ether (ETH) or simply Ethereum. It stands as the second most widely used cryptocurrency after Bitcoin.
As a Telcoin platform user, it’s essential to understand the TEL token, as well as Polygon’s native token, MATIC, which is used to pay for transaction fees (or gas fees) on the blockchain.
Polygon (MATIC):
Polygon is a “layer two” or “sidechain” scaling solution that operates alongside the Ethereum blockchain. It enables faster transactions with lower fees. MATIC, the network's native cryptocurrency, is used for transaction fees, staking, and various other purposes.
Telcoin:
TEL is the native utility token for the decentralized, user-owned Telcoin Platform. It serves as the medium of exchange, reserve asset, and protocol currency, providing both productive and consumptive utilities for participants across different layers of the platform.