5 generations of blockchain (as simple as explaining to a 5 year old)
🟢 Generation 1: Bitcoin, Litecoin, Dogecoin
Goal: improve the monetary system
Function: send, receive, transaction
Bitcoin was the first cryptocurrency to demonstrate that decentralized financial consensus is possible with an efficient implementation.
Early forks used and still growing: Litecoin, Dogecoin, etc.
🟣 Thế hệ 2: Ethereum, Eth Classic, Basic Attention Token
Objective: decentralized terms and conditions based on 1st generation functionality