Cryptocurrencies are making loud waves in the world today. Cryptocurrencies were born with the release of Bitcoin in 2009, almost ten years later, there are more than 3000 Cryptocurrencies in circulation and have attracted the attention of big corporations, banks, and even governmental establishments.
To simply define cryptocurrency, we would say a cryptocurrency is a digital money. It is a decentralized peer to peer monetary system based on blockchain technology and does not rely on any central bank authority to process, confirm and record transactions.
Never invest because the neighbor of his friend, brother, girlfriend, cousin swears on his mother's life that a particular currency is the next bitcoin. You should try to treat Crypto as an investor and not as a fashion. Bitcoin is, as the world knows now, successful. This article will show you other cryptocurrencies stomping the yard and breaking new promising grounds.
Ether (ETH)
Ether is Ethereum Token, a decentralized platform that allows the creation of decentralized applications (Dapps) using intelligent contract technology. Ethereum, an original idea of Vitalik Buterin, was launched in mid-2015 as a "new generation Crypto currency and a platform for decentralized applications" and has a market capitalization of $ 20,957,195,400.
Smart Contacts are what the Ethereum is all about; the cryptocurrency is a small part of a larger set. With Ethereum, people can develop and execute contracts without third parties.
Current Price: $ 276.59 correct to 15\01\2018
BitcoinCash (BCH or BCC)
The result of the BIP148 hard fork on August 1st to protest against Segwit2x's proposal. Bitcoin Cash is the little brother of Bitcoin but has an 8 MB block size and upgraded consensus protocols that allow for growth and scalability.
Bitcoin cash blockchain works without the controversial proposals Segwit and Segwit2x, which threatens the decentralized nature of Bitcoin. Bitcoin Cash is surprisingly popular for an emerging cryptocurrency and already has a market of $ 7,734,061,718.
Price: $ 469.24 correct to 15\01\2018
Ripple (XRP)
Ripple is a system of real-time gross settlement, exchange and money transfer (intrinsic value). Cryptocurrency is called ripples. Ripple came into limelight in 2012 and currently has a market capitalization of $ 6,709,939,191. XRP offers cross-border payments (or payments for this issue) for a fraction of the combined costs of Ethereum and Bitcoin, the time provides much higher than the Ethereum and Bitcoin transaction, many more transactions than Ethereum and Bitcoin, put together.
Ripple has been implemented by more than 70 banks, many of which have already started working with the system. Ripple also has a limit of 100 billion coins, a finite number that never increases, while Ethereum releases millions of coins each year.
Price: $ 0.175043 correct to 15\01\2018
Litecoin (LTC)
Litecoin was released in October 2011 by former Google employee Charles Lee as an alternative to Bitcoin. In general, Litecoin implements similar protocols - giving or taking some parameters - to Bitcoin itself, it can be extracted, used as currency and traded for goods and services. The online currency has a market capitalization of US $2,226,422,377.
Price: $ 42.58 correct to 15\01\2018
Dash (DASH)
Dash (abbreviation for "digital cash") is an encrypted currency that has been developed with a focus on confidentiality and speed of transactions. Renamed from Dark Coin to move it away from the dark web, Dash has a market capitalization of $1,370,671,435.
The developers of Dash have released a new version called Dash Evolution to simplify the use of cryptocurrency. You can issue Dash to merchants who accept it. They talk about integration with Apple's payment systems.
Price: $ 183.65 correct to 15\01\2018
Monero (XMR)
Monero, launched in April 2014, focuses on privacy, decentralization, and scalability. Monero uses a technology that obscures its blockchain, which means that Monero is safe, private and incognito.
Monero owes its popularity primarily to its introduction as a payment system for the dark Alphabay website. Monero, which was the first spin-off of the CryptoNote-based currency, Bytecoin, has a market value of $653,752,906. Monero is mainly used by people who want to stay incognito on the web.
Price: $ 43.95 correct to 15\01\2018
Cardano (Ada)
The Cardano block chain was launched a few months ago and exploded in November with huge profits in its currency, called Ada, to enter the top 10 market capitalization crypts. At the last minute, he slipped to position 13.
Cardano, although relatively unknown, is obviously important in private transactions and meets the needs of regulators, which prepares it for massive adoption. Cardano CEO Charles Hoskinson says Cardano addresses "sustainability, interoperability and scalability," so cryptocurrency can be a "fun novelty" for billions of people and interact with old financial systems. Cardano’s Framework is still at an early stage (what the team calls its "start-up era"), and the next phase of its roadmap will begin in the second quarter of 2018. This means that their framework still exists to be developed, and it may take time for it to reach the intelligent and comprehensive contract platform that its leaders envision. This crypto has a Market capitalization of $20.21 billion. Currently, about 26 billion of a maximum of 45 billion coins are in circulation.
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