1) Ethereum
Ethereum is a cryptocurrency network that is specifically designed to run as a decentralized application. It has its own blockchain and there are no centralized servers used to power it. Instead, Ether runs on nodes (computers) spread across its network, making it more reliable than Bitcoin.
Moreover, you can use Ethereum for more than just creating value for yourself through transaction verification; many developers have built DApps on top of Ethereum's blockchain, which let you purchase cloud computing power or even get real-time updates about what's happening in space. Ethereum does come with certain downsides: because it's an app platform and not solely an asset like Bitcoin or Litecoin, its apps aren't as easy to access and run by non-developers.
2) Litecoin
Litecoin (LTC) is a type of cryptocurrency that enables instant payments to anyone in the world and that can be efficiently mined with consumer-grade hardware. The Litecoin network is scheduled to produce 84 million currency units, or coins, which is four times as many currency units as Bitcoin. The value of each Litecoin coin is determined by how much computing power was used to mine it.
Therefore, unlike Bitcoin, whose value rises due to scarcity, Litecoin will tend toward a condition of deflation if its usage grows too quickly. One of Litecoin’s key features is that it has very low transaction fees. It also has faster confirmation times than Bitcoin does. These two factors make Litecoin a good choice for merchants who want to accept cryptocurrencies without having to worry about whether their customers will have enough money in their accounts to pay for goods at checkout.
In addition, merchants who currently use credit card services may find they are able to save money on processing fees by using cryptocurrencies like Litecoin instead. Another advantage of using cryptocurrencies like Litecoin is that they allow you to remain anonymous while making transactions, although all transactions are recorded publicly so there isn’t any potential for fraud or theft through deception when using them.
3) Dogecoin
The Shiba Inu dog meme has a real purpose: Dogecoin, a cryptocurrency featuring a Shiba Inu, has raised more than $30,000 to sponsor its race car at Talladega Superspeedway. And what's even more impressive is that donors have raised all of that money in just three days — roughly 20 times faster than it would take using Bitcoin (though some people would say they are much different).
What makes Dogecoin so appealing is that it uses Scrypt as its hash function rather than SHA-256 or other cryptography schemes. This allows users to mine coins with graphics cards instead of customized ASICs, lowering costs and putting cryptocurrency within reach for regular folks. But will Dogecoin grow up to be anything other than an Internet fad?
4) Monero
Unlike Bitcoin, which has fixed caps on how many coins can be created, Monero has no limits on how many coins can be mined. Like other privacy-focused cryptocurrencies, it uses ring signatures to keep transactions private and untraceable. The cryptocurrency is also fungible (i.e., like cash) as every coin can be substituted by another and there's no way to trace where it came from.
As a new altcoin, Monero doesn't have widespread support for wallets yet; you'll need to download one of them from here. Be aware that people have been hacked for their Monero coins in recent times, so only use your own wallet—if you don't know what that means, steer clear!
5) Dash
Bitcoin is known as a cryptocurrency, but it's not all cryptocurrencies. Dash was originally released as XCoin and then later changed to Darkcoin, before becoming Dash. Although it's sometimes referred to as digital cash, Dash doesn't function like traditional currencies. Instead of relying on central banks or institutions for processing transactions, Dash makes use of a decentralized network that relies on miners for validation purposes (akin to Bitcoin). Since its launch in 2014, Dash has gained traction and become popular with cryptocurrency enthusiasts because of how easy it is to send transactions and how fast they are processed—minutes instead of hours or days. If you're looking for other forms of currency aside from Bitcoin—but still want something that functions outside traditional financial systems—Dash may be an option worth considering.
6) Stellar Lumens
Stellar Lumens has been on a tear lately. In January, Stellar announced that it will partner with IBM and KlickEx to launch blockchain cross-border payments in Asia and Africa. The platform also recently released an updated technical white paper and its price shot up from about $0.006 at the beginning of 2018 to nearly $0.20 by early February. XLM is now positioned as one of the top 10 digital currencies based on market cap and only time will tell if that’s where it ends up staying or not.
7) Ripple
Ripple is unlike most cryptocurrencies. For one, it was developed and released by a company (Ripple Labs). It has more mining support than just about any other cryptocurrency, including Bitcoin. Because of its unique design, Ripple is able to process transactions much faster than other digital currencies that use a proof-of-work system (like Bitcoin).
Some people also think it’s possible that Ripple could become a global reserve currency in time because of its stability and ability to process transactions quickly and at a low cost. In October 2017, market researcher The TABB Group said that over 100 banks worldwide are involved with Ripple technology.
Here's what some have had to say about Ripple: Ripple offers instantaneous, certain, low-cost international payments. — Chris Larsen, CEO of Ripple The world's systems of value exchange are changing as blockchain networks threaten to disrupt them. — Don Tapscott, co-author of Blockchain Revolution I think [Bitcoin] is very interesting.
8) NEO
A cryptocurrency built by a nonprofit, Chinese-based community called OnChain. NEO is an interesting platform because it uses digital identity technology to allow for more complex and in-depth smart contracts. Like Ethereum, it can be used for ICOs and DApps.
However, unlike Ethereum, its focus is on providing use cases such as digital asset registration and exchanging by making them simple so that all can be done with ease. The founder of NEO Da Hongfei has also been working closely with governments in China to implement blockchain technologies into their system. Recently he was invited to speak at a major conference about blockchain hosted by China’s Ministry of Industry and Information Technology (MIIT).
The MIIT has been trying hard to push blockchain adoption in China and many believe that they will eventually succeed which could mean good things for NEO’s future growth.
9) OmiseGO (OMG token)
OmiseGO is a public Ethereum-based financial technology for use in mainstream digital wallets, that enables real-time, peer-to-peer value exchange and payment services agnostically across jurisdictions and organizational silos, and across both fiat money and decentralized currencies. OMG is not owned by any single party.
Instead, it is an open distributed network of validators that enforce the behavior of all participants. Its goal is to be as transparent as possible, without sacrificing decentralization or scale. The validation process and rules are defined in smart contracts hosted on Ethereum’s blockchain adhering to a liquid voting system. These smart contracts provide a set of standard operations such as deposit, withdrawal, and transfer with more complex operations such as issue derivatives enabled via smart contract extensions.
In addition to being publicly auditable via its own blockchain, every transaction is verified independently by other nodes in the network within seconds; thus ensuring double-spend protection and market consensus on every transaction. This allows safe execution of high volume transactions between users with no need for central oversight or intermediaries between trades; hence making it highly suitable for microtransactions (micropayments) such as those required for remittances over social networks like Twitter or Reddit, donations over Patreon, tipping over Twitch, etc., where fees would otherwise eat up most of these amounts.
10) Qtum
Qtum is a hybrid blockchain platform that combines Bitcoin Core infrastructure with Ethereum Virtual Machine. Qtum promises to bring smart contracts, decentralized applications, and faster transactions. This makes it easier for businesses to use blockchain technology without having to build everything from scratch. The platform focuses on business applications and allows the deployment of apps across multiple blockchains. The Decentralized Governance Protocol ensures that every change made in Qtum is fully transparent and auditable. It also helps prevent bad actors from compromising smart contracts or stealing funds by making all changes publicly viewable.
The team behind Qtum aims to make blockchain more accessible and help developers create DApps using familiar tools like Java, C++, or Python. With its simple interface, users will be able to develop their own DApps easily through an all-in-one solution. It’s also one of the few platforms offering real-world utility through its x86 virtual machine integration – allowing people to run programs written in other languages (such as C#) on top of Qtum’s blockchain network.
11)Cardano (ADA)
Launched in 2017, Cardano is a decentralized public blockchain and cryptocurrency project and is fully open source. Cardano is developing a smart contract platform that seeks to deliver more advanced features than any protocol previously developed. It is the first blockchain platform to evolve out of a scientific philosophy and a research-first driven approach.
The development team consists of a large global collective of expert engineers and researchers. The underlying technology behind ADA offers a platform where new applications can be built in an efficient, secure, and scalable way. Cardano aims to operate a global smart-contract platform that will deliver much more advanced features compared to its competitors.
Its layered architecture allows for flexibility, with each layer only requiring consensus from nodes on that layer — hence why it’s called layer 2 scaling solution (as opposed to layer 1 on-chain solutions). This means that once sidechains are implemented into Cardano, they can be considered as individual blockchains with their own rules that only require consensus from nodes running on those chains — allowing them to function independently while still being secured by ADA holders through proof of stake.
12)Binance Coin (BNB)
Though most people know Binance as a cryptocurrency exchange, its native token is actually called BNB. This Ethereum-based ERC20 token has been around since 2017 and has been very profitable for investors. The main reason to buy BNB is that you can save big on fees when using it to pay for trading fees and other services at Binance. Additionally, you get a discount when paying with BNB in your transactions and buying on their decentralized exchange.
13)Tether (USDT)
Like most cryptocurrencies, Tether is a decentralized digital currency. It’s meant to hold value like a dollar bill in your pocket, except it uses blockchain technology for security and protection. As you might guess from its name, Tether is always valued at $1.00 USD (or euros or pounds or yen depending on where you are). Each USDT coin is backed by real money that sits in escrow waiting to be redeemed if someone tries to use their Tethers fraudulently. The promise of having fiat currencies easily converted into cryptocurrencies and vice versa—without all of the crazy volatility—is one of Tether’s biggest benefits over other cryptos.
0 Comments
please do not enter any spam link in the comment box.