| Bitcoin introduced a decentralized currency system based on a peer-to-peer network where currency is not issued per se; instead it is mined with advanced computers by cracking difficult math-based equations. Bitcoin can be called the trendsetter, as its success has spurred the launch of many other virtual currencies (there are more than 150 cryptocurrencies).
The currencies inspired by Bitcoin are collectively called altcoins and have tried to present themselves as improvised and modified versions of Bitcoin. These currencies are easier to mine, but involve greater risk in terms of lesser liquidity, acceptance and value retention. Here are five digital currencies picked from the lot...............................................Full Article: Source
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