Bitcoin VS Cryptonovae
Bitcoin is the first cryptocurrency that was created by Satoshi Nakamoto in 2009 in response to the financial crisis of 2008. It quickly became popular because of the idea which vehicle but also the growing enthusiasm of the community for trading or crypto project. Its success has inspired many other projects such as Ethereum or Ripple. Bitcoin is now considered the mother currency of the entire crypto ecosystem and its price has a huge impact on the entire market.
Cryptonovae crypto is a cryptcurrency that was created in 2018. The cryptonovae team has released a whitepaper and launched an ICO to get the cryptonovae coin off the ground. Cryptonovae's blockchain technology uses Proof-of-Work (PoW) and Transaction Asymmetry for its consensus protocol, which means transactions are confirmed by miners through mining blocks of transactions on the blockchain. The market cap for cryptonovaes at launch time was $1 billion USD with 100 million tokens available for purchase during their ICO sale period.
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