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Best Cryptocurrency


For nearly ten years, cryptocurrencies have been on the world investment scene. According to erecoin.io, there has been a rapid increase of investors in cryptocurrencies in the past few years. The sector has grown exponentially.

There are about 10 million crypto investor’s worldwide already using online platforms like Bloomberg and Investopedia. Over 350 startups are now pursuing crypto investment. Listed below are the best cryptocurrency we currently have in the market that you should explore.

Bitcoin

Bitcoin Cash holds a special place in the history of altcoins because it is one of the earliest and most successful hard forks of Bitcoin. When developers and miners disagree on the future direction, they can form their Blockchain with new rules by forking the said coin. Because digital currencies have no centralized governing body, consensus must change them.

When two factions cannot agree, the digital currency splits into two versions. One edits old code, and one creates a new version with updated code.

Polkadot

Polkadot is a proof-of-stake cryptocurrency that connects those with permission and those without to allow systems to work together within one platform. It’s a network using the same blocks and data structure as Ethereum, but it uses nodes to relay different blockchains on its platform. It also allows users to start up their parallel blockchains that share tokens across these networks.

Rather than developing new applications on Ethereum, Polkadot allows developers to create their Blockchain, a concept known as shared security.

Cardano

Charles Hoskinson, the co-founder of Ethereum, created Cardano, a cryptocurrency that includes both proof-of-stake and research. After disagreements with other members of the team at Ethereum, Hoskinson left to create Cardano. Cardano had a strong research-driven approach for developing its Blockchain.

They based it on five years of extensive experimentation, peer-reviewed research, and existing scientific literature from the world’s top universities showing the latest academic thinking about building decentralized technology that can develop and adapt.

Litecoin

Charlie Lee, a graduate of MIT and former Googler, developed Litecoin in 2011 after Bitcoin had reached success. Bitcoin cash is an open-source, decentralized cryptocurrency, and cannot get regulated by any single institution. It’s like Bitcoin in several ways but has a faster block generation rate and offers faster transaction confirmation times. Besides developers, some merchants also accept Litecoin payments.

Stellar

Stellar is an open-source, decentralized, and secure network used to process payments across the world. The founder, Jed McCaleb, is a Ripple Labs member who also developed the Ripple protocol. They now complete huge transactions instantly between investment firms and banks that took days and weeks.

Now they are instant through Stellar. The transaction gets completed swiftly without the aid of intermediaries, and it will cost the entire transaction very low rates.

 

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