Short explanation for the main cryptos

There are over one thound cryptocurrencies in the market. I list some with short descriptions. Better to know the crypto before putting your real money in. 

 

BTC: No need to say, the first crypto to the world!

ETH: Platform for Dapp and Smart contracts

BCH: Clone from BTC, more secure,  lower transaction fee 

XRP: Crypto for FIs

LTC: Silver version of BTC

DASH: Similar to BTC, but more anonymous

NEO: ETH in Chinese version

NEM:  Digital assets for New Economy Movement

XMR: Anonymous digital currency

ETC: Clone from ETH

IOTA:  Making everything traderable on the internet (The Internet Of Things)

QTUM: Smart contact for commercial usage

OMG: Payment system for banks, exchanges and corporates

ZEC: Anonymous digital currency

LISK: Dapp written in JAVA

ADA: Digital currency and smart contract

TETHER: 1 USDT = 1 USD

XLM: IOU for digital currency

EOS: Different version to ETH

HSR: Exchanger of blockchains

WAVES: Decentralized exchange and crowd funding

STRATIS: Dapp written in C#

KMD: Decentralized ICO

ARK: Exchanger of blockchains

ETN: Clone from Monero (XMR)

BCN: Anonymous digital currency

STEEM: This forum! Crypto version of REDDIT

ARDR:  Build blockchains for other companies as a service (BaaS) 

BNB: Token of Binance

AUGUR: Decentralized prediction markets

PPT: Bill financial system on blockchain

DCR: Autonomous digital currency

PAY: Payment system for digital currencies

MAID: Hard disc space renting

BITCOINDARK: Clone from XZC

BTS: Decentralized exchange

GNT: Idle computer power renting

PIVX: Clone from DASH, no inflation

GAS: Fuel cost for NEO

TRX: Payment within APP

VTC: Clone from BTC

MONA: Dogecoin in Japanese version

FCT: Smart contracts, digital assets and database integrity

BAT: Decentralized advertizing network

SALT: Digital asset mortgage platform

KNC: Decentralized exchange

DOGE: Clone from BTC

DGD: 1 DGD = 1g of gold

WTC: Blockchain of internet of things