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In 2002, social networking hit really its stride with the launch of Friendster. Friendster used a degree of separation concept similar to that of the now-defunct SixDegrees.com, refined it into a routine dubbed the “Circle of Friends” (wherein the pathways connecting two people are displayed), and promoted the idea that a rich online community can exist only between people who truly have common bonds
Friendster was replaced by Myspace and Myspace was replaced by Facebook.
Google+ competes with Facebook.
Sina Weibo, Twitter and Linkedin are also significant players
Bitcoin is major cryptocurrency now but there are many others