The latest updates to the oldest virtual currency rankings

The ranking of virtual currencies’ “oldest” is as follows: 1. Bitcoin (BTC), issued on January 3, 2009, is the first decentralized digital currency. 2. Litecoin (LTC), released on October 7, 2011, is known as the "lightweight version of Bitcoin". 3. Ripple (XRP), issued in 2011, is designed for cross-border payments. 4. Dogecoin (DOGE), issued on December 6, 2013, is a "meme coin" based on the Litecoin code. 5. Ethereum (ETH), released on July 30, 2015, is the first platform to support smart contracts. 6. Tether (USDT), issued in 2014, is the first stablecoin to be anchored to the US dollar 1:1. 7. ADA, released in 2015, emphasizes academic research and scalability. 8. Polkadot (DOT), a white paper published in 2016, supports multi-chain interoperability. 9. Monero (XMR), issued in April 2014, represents privacy currency. 10. Stellar Coin (XLM), issued in July 2014, focuses on cross-border payments and inclusive finance.

The following is the "oldest" ranking of virtual currencies compiled based on issuance time (arranged in historical order):

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1. Bitcoin (Bitcoin, BTC)

• Release date: January 3, 2009

• Features: The first decentralized digital currency was founded by Satoshi Nakamoto, with a total volume of 21 million, and adopts a Proof of Work (PoW) mechanism. Its scarcity and technological innovation lay the foundation for the cryptocurrency market

2. Litecoin (LTC)

• Release date: October 7, 2011

• Features: Known as "the lightweight version of Bitcoin", it was created by former Google engineer Charlie Lee. Using the Scrypt algorithm, block generation speed is faster (2.5 minutes), with a total of 84 million pieces, which was widely used in micro-payment in the early days.

3. Ripple (XRP)

• Release date: 2011 (the main network was launched in 2012)

• Features: Protocol coins designed for cross-border payments, developed by Ripple Labs. The consensus mechanism (non-traditional PoW/PoS) is adopted, and the transaction speed is fast (completed in 3-5 seconds), with a total supply of 100 billion pieces.

4. Dogecoin (DOGE)

• Release date: December 6, 2013

• Features: "Meme Coin" based on the Litecoin code, created by Billy Markus and Jackson Palmer. In the early days, it was used as a community reward currency, but later became a mainstream currency due to social media promotion. The Scrypt algorithm was used, and there was no total limit.

5. Ethereum (ETH)

• Release date: July 30, 2015

• Features: The first blockchain platform to support smart contracts, proposed by Vitalik Buterin. Its token ETH is used to pay Gas fees, driving the outbreak of DeFi and NFT ecosystems, and is now the second largest cryptocurrency in market capitalization.

6. Tether (USDT)

• Issuance date: 2014 (based on Bitcoin Omni layer)

• Features: The first stablecoin anchored to the US dollar 1:1, issued by Tether. It was used for exchange funds to hedge hedge in early stages, and now supports multi-chain issuance (such as ERC-20 and TRC-20).

7. Cardano (ADA)

• Release date: 2015 (Test Network)

• Features: Created by Ethereum co-founder Charles Hoskinson, it adopts a hierarchical architecture and Ouroboros PoS consensus mechanism, emphasizing academic research and scalability.

8. Polkadot (DOT)

• Release time: 2016 (the white paper is released, the main website will be launched in 2020)

• Features: Multi-chain interoperability protocol, led by Gavin Wood, former Ethereum CTO, supports cross-chain communication, and adopts NPoS consensus mechanism.

9. Monero (Sama)

• Release date: April 2014 (based on Bytecoin fork)

• Features: Privacy currency representatives, using ring signature and invisible address technology, transactions are completely anonymous, and were used in dark web transactions in the early days.

10. Stellar (XLM)

• Release date: July 2014

• Features: Founded by Jed McCaleb, co-founder of Ripple, focuses on cross-border payments and inclusive finance, adopts the Federal Byzantine Agreement (FBA) consensus mechanism, with a total supply of 50 billion pieces.

Additional Instructions

• Early forked coins: such as Bitcoin Cash (BCH, forked in 2017), Litecoin forked coins, etc., although they were derived earlier, their native issuance time was later than the above currencies.

• Technological innovation: Early currencies such as Bitcoin and Litecoin have gradually been supplemented by new agreements due to technical limitations (such as transaction speed), but their historical status is irreplaceable.

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