Top 4 Major Cryptocurrencies

Major Cryptocurrencies


Bitcoin continues to be known by many to be the most famous decentralized cryptocurrency. However, besides bitcoin there exists other altcoins that confer an incredible value too. Are you interested in studying other cryptocurrencies? Well, bitcoin just isn’t alone. Here are others.

built with a market cap

Litecoin (LTC)

Statistics reveal that at the time of July 2018, the Litecoin had a symbolic price of 87.56 USD. The piece was created by Charlie Lee, a former Google engineer and a graduate of MIT. Like Bitcoin, no central authority controls Litecoin. He utilizes “scrypt” as evidence of task. Litecoin is different from bitcoin, its rate of block generation is faster. This means that it includes a faster transaction confirmation.

The coin will rely on an open source global payment network. The coin is usually accepted by merchants using the number growing each day. In July 2018, it was built with a market cap of $5.03 billion.

Ethereum (ETH)

It was launched in 2015. ETH can be a decentralized software platform. It enables Distributed Applications and Smart Contracts to be built and run without downtime, fraud, control or 3rd party interference. There exists a component called ether which acts being a vehicle from the ethereum platform. Developers planning to develop and run applications within ethereum and investors hoping to purchases other digital currencies would be the most your customers in ether.

Value per token of ethereum at the time of July 2018 was $474.66 as well as a market cap of $ 47.84. Ethereum could be the second most critical cryptocurrency from bitcoin.

Zcash (ZEC)

Just like other altcoins, Zcash is an open-source and decentralized cryptocurrency. It was launched in 2016. This cryptocurrency is known to offer privacy and selective transparency of transactions. It’s a unique feature different from other altcoins, is it not?

ZEC claims to offer extra security where all of the transactions are recorded and published with a blockchain. However, finer details concerning the sender and recipient, as well as the amount are kept private. Statistics reveal that at the time of July 2018, Zcash had per token price of $206.23. It were built with a market cap of $904.85 inside the same month.

Dash

It was originally called darkcoin. Dash can be a more secret version of Bitcoin. The operation of Dash makes transactions almost impossible to find. This is because it provides anonymity since it works with a decentralized master code network.

Dash was launched in January 2014. Since then it’s experienced an increase in fan following despite the short time period. The cryptocurrency was created by Evan Duffield. It can be mined using a GPU or a CPU. Studies indicate that in July 2018, Dash were built with a market cap of $2.19 billion and value per token of $266.58.

Other top cryptocurrencies include Ripple (XRP), Monero (XMR), Bitcoin Cash (BCH), NEO (NEO), Cardano (ADA) and EOS (EOS).


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