click here if you want to see your banner on this site

Author Topic: The Most Important Cryptocurrencies Other Than Bitcoin?  (Read 4321 times)

Cryptoinna

  • Jr. Member
  • **
  • Posts: 56
  • Karma: +0/-2
  • LuckyToken – Join ICO!!!
    • View Profile
The Most Important Cryptocurrencies Other Than Bitcoin?
« on: June 29, 2017, 04:06:26 PM »
Bitcoin leads the pack of cryptocurrencies, in terms of market capitalization, user base and popularity.But can another cryptocurrencies emerge leaders amid the growing competition within the space?

karasurizero

  • Jr. Member
  • **
  • Posts: 96
  • Karma: +0/-1
    • View Profile
Re: The Most Important Cryptocurrencies Other Than Bitcoin?
« Reply #1 on: June 29, 2017, 05:24:34 PM »
Ethereum (ETH).

This cryptocurrency is not only still trading at half the market cap of bitcoin, but its core technology will change the way “things” work. The main feature of ethereum is that it can be used to build a safe, fast and reliable de-centralized network.

Many experts describe ETH as the world computer. And it might very well be the biggest technological advance since the internet.

Its applications range from health care and online gambling, to banking and politics.

At the time I am writing this post it is trading at around 220$. Expect it to double in the next couple weeks.

denny.pac

  • Novice
  • *
  • Posts: 28
  • Karma: +0/-0
    • View Profile
Re: The Most Important Cryptocurrencies Other Than Bitcoin?
« Reply #2 on: June 29, 2017, 05:58:26 PM »
Now there are only two powerful currencies, it is etherum and bitcoin, the rest can not compete with them, at least "for now" :P

katepagava

  • Full Member
  • ***
  • Posts: 183
  • Karma: +0/-5
    • View Profile
Re: The Most Important Cryptocurrencies Other Than Bitcoin?
« Reply #3 on: June 29, 2017, 06:33:24 PM »
Litecoin (LTC)
Litecoin, launched in the year 2011, was among the initial cryptocurrencies following bitcoin and was often referred to as ‘silver to Bitcoin’s gold.’ It was created by Charlie Lee, a MIT graduate and former Google engineer. Litecoin is based on an open source global payment network that is not controlled by any central authority and uses "scrypt" as a proof of work, which can be decoded with the help of CPUs of consumer grade. Although Litecoin is like Bitcoin in many ways, it has a faster block generation rate and hence offers a faster transaction confirmation. Other than developers, there are a growing number of merchants who accept Litecoin.

katepagava

  • Full Member
  • ***
  • Posts: 183
  • Karma: +0/-5
    • View Profile
Re: The Most Important Cryptocurrencies Other Than Bitcoin?
« Reply #4 on: June 29, 2017, 06:33:47 PM »
Zcash (ZEC)
Zcash, a decentralized and open-source cryptocurrency launched in the latter part of 2016, looks promising. “If Bitcoin is like http for money, Zcash is https," is how Zcash defines itself. Zcash offers privacy and selective transparency of transactions. Thus, like https, Zcash claims to provide extra security or privacy where all transactions are recorded and published on a blockchain, but details such as the sender, recipient, and amount remain private. Zcash offers its users the choice of ‘shielded’ transactions, which allow for content to be encrypted using advanced cryptographic technique or zero-knowledge proof construction called a zk-SNARK developed by its team. (Related reading, see: What Is Zcash?)

katepagava

  • Full Member
  • ***
  • Posts: 183
  • Karma: +0/-5
    • View Profile
Re: The Most Important Cryptocurrencies Other Than Bitcoin?
« Reply #5 on: June 29, 2017, 06:34:04 PM »
Dash
Dash (originally known as Darkcoin) is a more secretive version of Bitcoin. Dash offers more anonymity as it works on a decentralized mastercode network that makes transactions almost untraceably. Launched in January 2014, Dash experienced an increasing fan following in a short span of time. This cryptocurrency was created and developed by Evan Duffield and can be mined using a CPU or GPU. In March 2015, ‘Darkcoin’ was rebranded to Dash, which stands for Digital Cash and operates under the ticker – DASH. The rebranding didn't change any of its technological features such as Darksend, InstantX. (Related reading, see: Top Alternative Investments for Retirement)

katepagava

  • Full Member
  • ***
  • Posts: 183
  • Karma: +0/-5
    • View Profile
Re: The Most Important Cryptocurrencies Other Than Bitcoin?
« Reply #6 on: June 29, 2017, 06:34:21 PM »
 Ripple (XRP)
Ripple is a real-time global settlement network that offers instant, certain and low-cost international payments. Ripple “enables banks to settle cross-border payments in real time, with end-to-end transparency, and at lower costs.” Released in 2012, Ripple currency has a market capitalization of $1.26 billion. Ripple’s consensus ledger -- its method of conformation -- doesn’t need mining, a feature that deviates from bitcoin and altcoins. Since Ripple’s structure doesn't require mining, it reduces the usage of computing power, and minimizes network latency. Ripple believes that ‘distributing value is a powerful way to incentivize certain behaviors’ and thus currently plans to distribute XRP primarily “through business development deals, incentives to liquidity providers who offer tighter spreads for payments, and selling XRP to institutional buyers interested in investing in XRP.”

katepagava

  • Full Member
  • ***
  • Posts: 183
  • Karma: +0/-5
    • View Profile
Re: The Most Important Cryptocurrencies Other Than Bitcoin?
« Reply #7 on: June 29, 2017, 06:34:48 PM »
 Monero (XMR)
Monero is a secure, private and untraceable currency. This open source cryptocurrency was launched in April 2014 and soon spiked great interest among the cryptography community and enthusiasts. The development of this cryptocurrency is completely donation-based and community-driven. Monero has been launched with a strong focus on decentralization and scalability, and enables complete privacy by using a special technique called ‘ring signatures.’ With this technique, there appears a group of cryptographic signatures including at least one real participant – but since they all appear valid, the real one cannot be isolated.

alexnikon911

  • Jr. Member
  • **
  • Posts: 56
  • Karma: +0/-1
    • View Profile
Re: The Most Important Cryptocurrencies Other Than Bitcoin?
« Reply #8 on: June 29, 2017, 07:55:28 PM »
One of them is Zcash and Dash.
Zcash, a decentralized and open-source cryptocurrency launched in the latter part of 2016, looks promising. “If Bitcoin is like http for money, Zcash is https," is how Zcash defines itself. Zcash offers privacy and selective transparency of transactions. Thus, like https, Zcash claims to provide extra security or privacy where all transactions are recorded and published on a blockchain, but details such as the sender, recipient, and amount remain private. Zcash offers its users the choice of ‘shielded’ transactions, which allow for content to be encrypted using advanced cryptographic technique or zero-knowledge proof construction called a zk-SNARK developed by its team. (Related reading, see: What Is Zcash?)

Dash
Dash (originally known as Darkcoin) is a more secretive version of Bitcoin. Dash offers more anonymity as it works on a decentralized mastercode network that makes transactions almost untraceably. Launched in January 2014, Dash experienced an increasing fan following in a short span of time. This cryptocurrency was created and developed by Evan Duffield and can be mined using a CPU or GPU. In March 2015, ‘Darkcoin’ was rebranded to Dash, which stands for Digital Cash and operates under the ticker – DASH. The rebranding didn't change any of its technological features such as Darksend, InstantX. (Related reading, see: Top Alternative

serhishulak

  • Jr. Member
  • **
  • Posts: 90
  • Karma: +0/-0
    • View Profile
Re: The Most Important Cryptocurrencies Other Than Bitcoin?
« Reply #9 on: June 29, 2017, 09:07:25 PM »
Of course ETH, but i wanna tell about Ripple or Litecoin
They are one of the most promising cryptocurrency on many indicators.
Litecoin main feature is that it is much faster to transact. Since each transaction takes so much calculation, BTC transactions take upwards of 10 minutes to confirm. This is not feasible for paying on-the-go. LTC gets the time down to about 2.5 minutes, though that is still much longer than the seconds it takes for credit cards or cash.
Ripple  — XRP has no public ledger, but instead uses an “iterative consensus process”. The result is a much shorter transaction time (a few seconds), and it uses much less computing power. Ripple is its own exchange, and hence there is no fear of an exchange vanishing (like the fiasco that was Mt. Gox).

Natalia_Volkova

  • Novice
  • *
  • Posts: 41
  • Karma: +1/-0
    • View Profile
Re: The Most Important Cryptocurrencies Other Than Bitcoin?
« Reply #10 on: June 29, 2017, 10:11:04 PM »
Actually, I think that the most important cryptocurrency after Bitcoin is Ethereum. The price of Ethereum isn't much lower than the bitcoin. In addition, it has many benefits, such as lower tax and better currency protection.

Omeluk

  • Novice
  • *
  • Posts: 37
  • Karma: +0/-0
    • View Profile
Re: The Most Important Cryptocurrencies Other Than Bitcoin?
« Reply #11 on: June 29, 2017, 10:28:20 PM »
Bitcoin leads the pack of cryptocurrencies, in terms of market capitalization, user base and popularity.But can another cryptocurrencies emerge leaders amid the growing competition within the space?

Ethereum is a  decentralized platform that runs smart contracts: applications that run exactly as programmed without any possibility of downtime, censorship, fraud or third party interference.

KirillManhattan

  • Novice
  • *
  • Posts: 25
  • Karma: +0/-2
    • View Profile
Re: The Most Important Cryptocurrencies Other Than Bitcoin?
« Reply #12 on: June 29, 2017, 11:58:52 PM »
Dash
The record fast growth of this crypto currency is most likely due to the release of the Dash v12.1 update called Sentinel, which is designed to increase the speed of work, improve the levels of secrecy and coordination in the network. The price of Dash today is close to $ 100. Market capitalization is more than $ 711 million.

NanaLelyakova

  • Garden Hero
  • Sr. Member
  • *****
  • Posts: 273
  • Karma: +2/-5
    • View Profile
Re: The Most Important Cryptocurrencies Other Than Bitcoin?
« Reply #13 on: June 30, 2017, 12:16:36 AM »
 Ripple

Ripple is a real time gross settlement system network by ripple. It was introduced in the year 2012 and has a market cap of $7,236,937,220. You can buy one unit with a price of around $0.18.

 Litecoin

It’s also an open source pear-to-pear digital currency same like Bitcoin. The market cap of Litecoin is $1,576,960,281 with a value of around $30.89 for 1 Litecoin.

 Monero

Monero is an open-source virtual currency introduced in April 2014 that focuses on privacy and decentralization. Moreover, the market cap of Monero is $425,834,896 with a value of around 29.48 US Dollar for a unit.

alexrose2699

  • Novice
  • *
  • Posts: 32
  • Karma: +0/-1
    • View Profile
Re: The Most Important Cryptocurrencies Other Than Bitcoin?
« Reply #14 on: June 30, 2017, 11:40:52 AM »
Of course it is Ethereum. It is an open-source, public, blockchain-based distributed computing platform featuring smart contract (scripting) functionality, which facilitates online contractual agreements.[2] It provides a decentralized Turing-complete virtual machine, the Ethereum Virtual Machine (EVM), which can execute scripts using an international network of public nodes.

 

Bitcoin Garden 2013-2024, All rights reserved | Privacy Policy | DMCA | About Bitcoin Garden | Support & Services