The 10 Most Important Cryptocurrencies Other Than Bitcoin

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Cryptocurrencies

List of cryptocurrencies


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Bitcoin most popular cryptocurrency

Postby Kigagrel В» 21.01.2020

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In this guide, I am going to share with you an overview of the most popular cryptocurrencies. I will talk about their advantages, disadvantages and also their investment history.

So, by the end of this guide, you will not only know the top cryptocurrency but also the reasons behind their popularity. Our first top 10 cryptocurrency is Bitcoin. Created in , Bitcoin was the first ever cryptocurrency. The interesting thing about Bitcoin is that no one knows who created it. Bitcoin is a digital currency based on a distributed ledger technology named blockchain , which you can read more about here. Bitcoin eliminates the need for centralized intermediaries like banks and credit card companies etc.

If you want to pay 1 BTC to your friend, you can do it directly without having to involve your bank at all. So, two words to describe Bitcoin would be — decentralized and digital. Like all other top 10 cryptocurrencies, BTC too saw a huge dip in the Q1 of and has been fluctuating ever since.

Its price has experienced another significant dip in December of Bitcoin is the starting point of the cryptocurrency world and hence it is undoubtedly the most popular cryptocurrency. Ethereum is the second most valuable cryptocurrency after Bitcoin. Created in by Vitalik Buterin, Ethereum is actually much more than just a digital currency. Ethereum is a blockchain-based platform for developing decentralized apps and smart contracts. Note: Smart contracts are the agreements coded on the blockchain and they execute themselves on the fulfillment of certain pre-set conditions.

Ethereum has been one of the best performers of the top 10 cryptocurrencies of Currently, Ethereum has begun crashing again. With a steady downwards streak, it started showing signs of rising from the ashes once again in January With very strong fundamentals and an excellent team, Ethereum definitely deserves its spot among the most popular cryptocurrencies. Ripple is a very unique cryptocurrency as it is focused on solving problems related to just one industry — International Payment Transfers.

It was founded in with the aim to make international transactions both fast and cheap. Of the total number of billion XRP that will ever exist, 50 billion are owned by Ripple labs the company behind Ripple. This is a very different approach compared to most other top 10 cryptocurrencies where there is no central entity holding the majority of the coins. Note: The above image is from the December and Bitcoin fees have significantly reduced since then. Even though Ripple has been around for a long time, it hopped on the growth vehicle only in the Q2 of Since April, Ripple has experienced a lot of difficulties trying to climb back up in price.

Some signs of growth can be seen as of December , but are they here to stay? Only time will tell. As the name suggests, Bitcoin Cash has been forked from Bitcoin itself in Note: A fork is when a cryptocurrency is split into two. Parent cryptocurrencies retain their features while the child cryptocurrency undergoes technological improvements. The purpose of creating BCH was to solve some of the existing problems of Bitcoin, especially regarding scalability and transaction fees.

Launched just in , Bitcoin Cash has grown very quickly to make it to the top cryptocurrency list. As you can see in the graph below, the price of Bitcoin Cash has also been experiencing a steady downfall since ay With a few signs of life, the future of BCH is still quite uncertain.

EOS has been created by Dan Larimer who is also the founder of the cryptocurrency exchange Bitshares and blockchain-based blogging site Steemit. EOS is building a platform for developers to build decentralized applications and smart contracts, but with a vast improvement in technology.

It has raised even more since then. As you can see in the picture below, EOS has an on-going ICO which opens up for short time periods at regular intervals. You can check more details here. In fact, it is one of the few cryptocurrencies which was least affected by the market crash which happened in Like Ethereum, Cardano has also been developed as a platform for decentralized apps and smart contracts.

Cardano is being considered as the 3 rd and most advanced generation of blockchain technology yet just as EOS and NEO are , making it one of the top 10 cryptocurrencies of Litecoin was created way back in by Charlie Lee, an ex-Google employee.

It was built on the blockchain of Bitcoin itself, with the purpose of improving it. So, like Bitcoin, Litecoin is also just a digital currency and does not provide a platform for smart contracts.

Litecoin has one of the most popular cryptocurrencies as it has stood the test of time and has been around for over 7 years. Prices of Litecoin dipped as the cryptocurrency market crashed in March Its price has been moving downwards ever since.

Stellar was founded in by Jed McCaleb who is also the founder of Ripple. One thing that stands out for Stellar as compared to all the other popular cryptocurrencies is that the Stellar Development Foundation is a non-profit organization.

As you can see in the picture below, its mission is also in line with that. You have probably heard of the Internet-of-Things IoT , a technology that enables communication between various objects with sensors, via the internet.

IOTA is focussed on making this technology more secure, seamless and scalable. While IOTA was created in , its token was launched on exchanges only in It is currently experiencing a stabilization — time will tell if IOTA will manage to climb back up.

Did you know that it was originally called AntShares? In fact, it only got rebranded to NEO in June ! It also offers a blockchain-based platform for the development of Smart contracts and launching ICOs.

NEO deserved to be in the top cryptocurrency list because of the tremendous return it gave in You now know which are the top 10 cryptocurrencies for You also know about their origin, pros, and cons. This list of the most popular cryptocurrencies should help you in picking the best ones for yourself. Save my name, email, and website in this browser for the next time I comment. Even with this XLM to token of Interstellar is getting very little traction.

The founder Jed McCaleb is on record as saying the token is not an investment. It was almost as though he never expected or intended to encourage interest in the token by the public. I hope someone that has access to Jed McCaleb can ask him one day. So while everybody hyperventillates over Ripple it would be a good idea to keep Interstellar XLM in plain view.

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Top 15 Cryptocurrencies from 2013-2018, time: 4:37
Mazugar
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Re: bitcoin most popular cryptocurrency

Postby Zulugore В» 21.01.2020

Are Bitcoin and cryptocurrency here to stay? Later inStuart Haber and W. Why is Bitcoin the most popular cryptocurrency?

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Re: bitcoin most popular cryptocurrency

Postby Aragami В» 21.01.2020

A pseudonymous software cryptocurrency going by law name botcoin Satoshi Nakamoto proposed bitcoin inas an today payment system based on mathematical proof. Bitcoin mining is the see more of spending bitcoin power popular secure Bitcoin transactions against reversal and introducing new bitcoins to the business. They also often charge high transaction fees to use the platform. Rumors were formally confirmed on June 18,when Facebook released the white paper for Libra.

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Re: bitcoin most popular cryptocurrency

Postby Groran В» 21.01.2020

You can learn more about the standards we follow in producing accurate, unbiased content in our law policy. Click platforms: On an exchange platform, you can buy and sell Bitcoin for fiat currency or for another cryptocurrency such as Ethereum or Litecoin. Because it is today older and click the following article infrastructure was build business Bitcoin and most invested. Answered Dec 30,

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