AS the price of bitcoin suffers a lengthy New Year hangover one of the surprising trends for 2018 so far has been the arrival of a noticeable chasing pack of crypto offerings.
Ripple has arrived in 2018 by grabbing headlines, mostly down to optimism from mainstream banks that - unlike bitcoin, with its links to the Dark Web and terrorism - offers blockchain technology without the accompanying bad press.
Ripple or XRP has a market capitalisation of $112billion, having overtaken Ethereum earlier this year. It now sits second only to bitcoin’s market capitalisation of $225billion and has gained more than 45,700 percent over the last 12 months.
Express.co.uk spoke to asset manager Levi Meade, Lead Investment Analyst at Columbus Capital about the many differences in the “protocols” of the new offerings and why this is important in understanding their move towards mainstream adoption.
Mr Meade says that, although Bitcoin cash, Ethereum and Ripple are all referred to as cryptocurrencies, they are very difference animals and not necessarily in direct competition with one another. Read More
Source:https://www.express.co.uk/finance/city/900682/Bitcoin-rise-ripple-Ethereum-Cash-big-bang