Analyze Performance and Market Share of Various Cryptocurrencies

Abstract

Bitcoin is the popular forms of digital currencies that is rapidly gaining ground and trending widely. Bitcoin has introduced an influx of cryptocurrencies. It is a cryptocurrency based on a decentralized shared system. It’s gotten the true standard for cryptocurrencies, moving an ever-developing army of devotees and side projects. This paper attempts to respond to your inquiries concerning digital currency. In this paper, we study and analyze the various Cryptocurrencies by comparing them on the basis of market cap, mining technique, mining algorithm, use, and transaction settlement time of each mining technique. Specially we focus on how does Cryptocurrency mine? And depicted a comparative study of various cryptocurrencies’ performance in terms of settling time and market cap.