Komodo Team

In the dynamic world of cryptocurrencies, two names frequently emerge in discussions: Ethereum and Litecoin. Both have carved out significant niches within the crypto space, yet they serve different purposes and exhibit unique characteristics.

Ethereum (ETH) and Ethereum Classic (ETC) are two cryptocurrencies that share a common origin but have diverged significantly over time.

Cryptocurrency is a type of digital or virtual currency that uses cryptography for security. Unlike traditional currencies, cryptocurrencies are decentralized and operate on technology called blockchain, which is a distributed ledger managed by a network of computers.

Next-generation blockchains have emerged since the growth of Ethereum in 2017. Many have sought to address the biggest obstacles to adoption like scalability and interoperability. Cosmos (ATOM), a blockchain of blockchains, is one such project that has gained traction in these years.

The sheer number of actively traded crypto assets - and more expected to launch - show that the nascent sector has plenty of room for growth. However, a few projects have been around longer than others and stood the test of time. In this regard, the Digibyte coin sets itself apart.