@randomreaction
Presently, there are thousands of cryptocurrencies out there, with many more being started daily. While they all rely on the same premise of a consensus-based, decentralized, and immutable ledger in order to transfer value digitally between trustless parties, there are subtle and not-so-subtle differences between them.
This article will make sense of the landscape and look to help categorize cryptocurrencies into four broad types:
Payment cryptocurrency
Utility Tokens
Stablecoins
Central Bank Digital Currencies (CBDC)