Many define Bitcoin as the most famous decentralized cryptocurrency. In addition to Bitcoin, however, there are other altcoins that give great value. Are you interested in meeting other cryptocurrencies? Well, Bitcoin is not alone. There’s more here.
1. Lightcoin (LTC)
Statistics show that the lightcoin was at a nominal value of $87.56 as of July 2018. The coin was created by former Google engineer and MIT graduate Charlie Lee. Like Bitcoin, Lightcoin is not controlled by a central authority. Use “scrypt” as evidence of action. Unlike Bitcoin, Litecoin has a faster block generation rate. This means that it provides faster confirmation of transactions.
The currency is based on an open source global payment network. The currency is widely accepted by traders with the growing number every day. In July 2018, the market value was $5.03 billion.
2. Ethereum (ETH)
Released in 2015. ETH is a decentralized software platform. It allows you to build and execute distributed applications and smart contracts without stopping, fraud, control or third-party interference. There is an element called ether that acts as a compound within the ethereum platform. Developers who want to develop and operate applications within ethereum and investors who want to buy other cryptocurrencies are most interested in ether.
Ethereum per list in July 2018 was $474.66 and market capitalization was $47.84. Ethereum is bitcoin’s second largest cryptocurrency.
3. Zakash (ZEC)
Like other Altcoins, Zcash is an open and decentralized source of cryptocurrency. Released in 2016. This cryptocurrency is known for providing selective privacy and transparency for transactions. It’s a unique feature that differs from other altcoins, right?
ZEC claims to provide additional security where all transactions are registered and posted on blockchain. However, the thinnest data on the sender and recipient, and the amount remains private. Statistics show Zcash’s listing value was $206.23 as of July 2018. The market value was $904.85 in the same month.
It was originally known as dark. Dash is a more secretive version of Bitcoin. Running the script means that transactions cannot be made. This is because it provides anonymity because it works on a decentralized main code network.
Dash was released in January 2014. Since then, he has seen an increase in followers, despite the short period. The cryptocurrency was created by Ivan Duffield. It can be extracted using a GPU or CPU. Studies show that Dash had a market value of $2.19 billion in July 2018 and a listing value of $266.58.