10 Best Crypto Coins Of 2022: Here They Are!

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Avatar for NakamotoBch
3 years ago

2021 is not over yet. However, it is important to look ahead. So I decided to write an article on which crypto coins should you keep an eye on in the coming years? I will introduce you to the best crypto coins of 2022. Are you ready 🎉?

But before I start, let me give you a heads up on what crypto am going to talk about ( table of content)- Outline for this article.

Bitcoin (BTC): the most dominant cryptocurrency for years

Chainlink (LINK): does this crypto platform determine our digital future?

Ethereum (ETH): Decentralized platform with a lot of potential

Enjin Coin (ENJ): The cryptocurrency platform for the game industry

Cardano (ADA): Promising Cryptocurrency with Scientific Basis

VeChain (VET): Blockchain Solutions for Business

Litecoin (LTC): Fast transaction times are promising

Polkadot (DOT): Will this crypto project change the world?

Tezos (XTZ): Ambitious crypto project with golden future

Bitcoin Cash: Successful hard fork with a lot of potential

Whoever invests in cryptocurrencies will sooner or later come across the term HODL. Did you know it's a typo by a drunk man?

In December 2013, an internet user who was clearly intoxicated wrote an incoherent message full of spelling errors on a Bitcoin forum. The term was then adopted by other users and HODL is now a household name in the crypto world.

1. Bitcoin (BTC): the most dominant cryptocurrency for years

The story of this digital currency begins just like the term HODL on a forum. On February 11, 2009, Satoshi Nakamoto posted about a digital payment system called Bitcoin. He wrote the following:

I've developed a new open source P2P e-cash system called Bitcoin.
It's completely decentralized, with no central server or trusted parties, because everything is based on crypto proof instead of trust.
Give it a try, or take a look at the screenshots and design paper.

Satoshi Nakamoto

A few weeks before his message, January 12 to be precise, Satoshi sent ten Bitcoins to a computer scientist called Hal Finney.

transaction ID

f4184fc596403b9d638783cf57adfe4c75c605f6356fbc91338530e9831e9e16
can still be found on the blockchain

As of today, no one knows who Satoshi Nakamoto is. In 2014, Hal Finney, the person to whom Satoshi nakamoto sent the 10 bitcoins, passed away from ALS. i have the feeling the if Finney had known Satoshi's identity, he would have taken this secret with him to the grave. 

Maybe I feel like it's an era because so much has happened around Bitcoin in the past 12 years. Satoshi Nakamoto created Bitcoin as a global digital currency. Decentralization plays an important role in this.

This means that external parties, such as banks or other financial institutions, cannot interfere with transactions that take place on the blockchain.

4 important reasons to invest in Bitcoin

Many altcoins are designed as enhancements to Bitcoin. Still, in terms of market cap, name and price, it is unmatched. And this will also make Bitcoin one of the best cryptocurrencies to invest in the coming years (especially 2022). Due to the name recognition, more and more individuals, companies and financial institutions are now accepting Bitcoin has a currency.

  1. Wall Street opts for crypto: Look More and more large investors active on Wall Street, financial institutions and companies (such as Tesla and Mastercard) are on the verge of adopting Bitcoin. This is pretty big deal.

    Just think: when there is a lesser barrier between Bitcoin and other capital goods, the chance of an increase in value is high. Further, the coin has a maximum number of crypto coins in circulation, resulting in scarcity at some point. As a result, the value of Bitcoin may also increase.

  2. The developers of Bitcoin are still at work: The Bitcoin team is constantly updating the core of the blockchain that makes the digital currency function. As a result, the network will continue to improve in the near future and the demand for Bitcoin will increase.

  1. The view on banks is quite negative: Inflation is rising and many people have a negative view of current monetary policy. Therefore, this will make people search for alternatives to secure their capital.

  1. Bitcoin has a very high trading volume: This shows that there is a lot of interest in Bitcoin. The coin has a limited supply and it is likely that new regulations will make it more accessible to buy. This together forms the perfect recipe for value increase and success.

What is the future of Bitcoin?

Of course, Bitcoin remains volatile. You can make hundreds of dollars in one day and lose it again the next day. That's part of the game and the risk you're willing to take. Over the past ten years, I have experienced high peaks and deep valleys. Opinions on the future of Bitcoin are therefore strongly divided.

Some analysts are predicting a value of $100,000 or even $400,000, while others are more cautious (yet optimistic) with amounts like $50,000 or $60,000. But Of course, i don't have a crystal ball or a magic wand to tell the future. SO Consider Bitcoin a great addition to your portfolio if you are willing to take risks. Hopefully, it will be rewarded!

2. Chainlink (LINK): does this crypto platform determine our digital future?

Some crypto coins seem to have the wind in their sails. Am pretty sure you may be thinking why I added Chainlink to the best cryptocurrencies to invest in for 2022.

Chainlink is a decentralized oracle network for smart contracts. Don't stop reading now because you just stumbled across these words. I are happy to explain what these terms mean. A smart contract is a digital contract that is executed through a computer code. So no human intermediaries are involved.

The term "oracle" plays an important role at Chainlink. This is a computer program that determines the correct outcome for a certain input. This relates to the so-called 'oracle problem' where an outcome is the result of a single perspective, such as a judge in court.

There is no objective standard, so that the outcome is not completely fair. A decentralized oracle network solves this problem by allowing inputs to be assessed through multiple chainlinks. Only then is will there be a certain outcome.

Chainlink is not the only platform designed for smart contracts. Ethereum does the same, but has a major drawback that you really can't ignore. however on Ethereum transactions can only take place on the platform itself.

Fortunately, there is a solution in the form of oracles. These providers are able to retrieve data for the network. And that's where Chainlink comes in. It has its own reputation system that guarantees that all data is safe and reliable. In this way, users can be assured that smart contracts are valid and secure.

Reasons to Invest in Chainlink

Because of this, Chainlink has a lot of potential to become one of the most successful cryptocurrencies of the coming years.  4 more resons to invest in this coin:

  1. It wants to decentralize smart contracts: Decentralizing smart contracts increases the security and accuracy of shared information.

  2. It works with large companies: Chainlink's partners include Oracle, Google Cloud and Swift. This inspires confidence among investors.

  3. Smart contracts have been working on smart contracts for years: The company SmartContract has been delving into the automation of contracts since 2014.

  4. The coin LINK has potential: LINK has many technological possibilities that will be expanded even further in the near future.

What is the future of Chainlink?

Chainlink has been around since 2017 and is therefore still a relatively new crypto currency. However, the decentralized platform is already being used in various industries. Farmers use it, for example, to insure themselves against bad weather. This means that smart contracts are drawn up via Chainlink to have insurance pay out if certain standards in the contact are not met.

For example, consider a certain amount of rainfall that is not achieved. The farmers are paid immediately when the program receives the weather data. And all thanks to Chainlink's smart contract. It is no surprise that the popularity of smart contracts and platforms such as Chainlink and Ethereum are gaining in popularity. In that respect, the future of these projects looks bright.

3. Ethereum (ETH): Decentralized platform with a lot of potential

Some cryptocurrencies want to decentralize not just currency, but the entire internet. And that brings us to one of the most promising cryptocurrencies: Ethereum. What is the potential of the decentralized platform?

July 30, 2015 is a historic date in the crypto world. On that day, Russian programmer Vitalik Buterin and his team launched the Ethereum platform. The main goal?

Decentralization of the World Wide Web by using nodes instead of servers. This ultimately creates a computer for the whole world.

💡Fact: In 2017, the Ethereum platform launched a game called 'Crypto Kitties'. 
It was similar to a digital version of Pokemon cards and became a huge hype. 
Over a million dollars was spent on the virtual cats!

The famous software platforms

Ethereum is one of the most famous software platforms in the world. Its appeal lies in the fact that developers can build decentralized apps, abbreviated to dApps, on this platform. Ethereum uses blockchain technology and has its own token called Ether. Here are few reason to invest in Ethereum;

  1. Ethereum is more than a cryptocurrency: While Bitcoin was designed as a global digital currency, Ethereum has features that go way beyond that. For example, the platform supports apps on the blockchain (dApps) and DeFi coins . I have already explained Defi coin . Due to its various functions, Ethereum is already used in various sectors, such as healthcare, the energy industry and gaming.

  1. It has a well-known founder and passionate developers: Since 2015, Ethereum has revolutionized the crypto world. This is largely due to the young Vitalik Buterin and his team. The team behind Ethereum has managed to create a clear roadmap that has already brought the platform a lot of success. Currently, the focus is on proof-of-stake, Ethereum 2.0.

  2. Ethereum has a decentralized structure: The blockchain technology is transparent and offers an alternative to traditional financial systems and banks. Ethereum users can transact without interference from third parties, such as the government and banks. It is also positive that the transaction costs are lower.

  3. Ethereum facilitates countless Initial Coin Offerings (ICOs ): ERC-20 tokens are part of the Ethereum platform and are often used in fundraising.

  4. Ethereum attracts more and more companies: The interest of companies in Ethereum has increased significantly. In 2019, Forbes published the 'Forbes Blockchain 50 list'. No fewer than 32 companies from the list chose the Ethereum platform. Companies that now use the Ethereum platform are JP Morgan, Amazon and Microsoft Azure.

  5. More and more transactions are carried out: The transactions are executed through self-executing contracts. Vitalik Buterin once said that in the future Ethereum will be able to process more than a million transactions per second.

4. Enjin Coin (ENJ): The cryptocurrency platform for the game industry

Bitcoin, Ethereum, Litecoin… they are well-known names that you simply cannot ignore in the crypto world. Or is it? It also pays to invest in less obvious digital currencies. 

This token is built on the Ethereum blockchain and is very popular in the gaming world. One of the advantages of Enjin Coin is that it can be converted into digital assets, such as game gold and game items. It is therefore no surprise that this coin is very popular among game enthusiasts.

Enjin Coin (ENJ) is also the first-ever gaming cryptocurrency to meet the strict requirements of Japanese law. The Japan Virtual Currency Exchange Association (JVCEA) has officially authorized ENJ to be used.

With this, ENJ is taking an important step in the crypto world. As a gaming currency it certainly has potential. ENJ works as a so-called 'store of value token'. This means that an asset, such as a crypto, can be stored and exchanged.

In addition, it is a so-called 'non-fungible token', which means that it has a large number of specific characteristics that allow unambiguous identification. For example, consider a unique identification number. Moreover, you can trade these non-fungible tokens quite easily.

Enjin has made a bold commitment to enter the Japanese market in 2019, 
determined to grow his business in the space regardless of market conditions. 
After more than a year, the approval and listing of Enjin Coin on Coincheck is an important milestone for Enjin and the adoption of its blockchain platform in Japan.”

Seihaka Yoshida

4 Reasons to Invest in Enjin

  1. Enjin is the leading cryptocurrency platform for blockchain gaming: The gaming industry is growing at a rapid pace. It is estimated to account for more than $150 billion in revenue. In the future, the value is likely to increase further. Cryptocurrencies targeting the gaming industry have a golden future in that regard.

  2. Enjin partners with major companies: Among the well-known names with whom Enjin collaborates are Microsoft and Samsung, one of the largest smartphone manufacturers in the world. These important partnerships were signed in 2019.

  3. Enjin's products are already widely used: Some cryptocurrency whitepapers make all kinds of promises that they ultimately fail to deliver. Dozens of projects have ended in disappointment. Fortunately, Enjin does not belong to this group, as the platform has actually delivered products. 20 million people worldwide already use it. Enjin's products include the content management system Enjin Network, the universal blockchain explorer EnjinX and Efinity, which should solve scalability problems on the blockchain.

  4. Game developers have many options on the Enjin platform: Users are allowed to design their own currency on the platform for the community. The cryptocurrency Enjin Coin ensures that this currency receives sufficient support.

What the future of Enjin

I expect that blockchain technology will play an increasingly important role in the game industry in the future. The role of Enjin Coin cannot be overlooked. It is already working with large companies such as Microsoft and Samsung. This may lead to further adoption of the blockchain technology.

Gamers are already used to spending a lot of time online. Maybe you buy virtual items yourself to progress in a game. In that case, Enjin Coin comes into play with its products. I therefore expect that this crypto will play an indispensable role in the development of the game industry in the coming years.

5. Cardano (ADA): Promising Cryptocurrency with Scientific Basis

Crypto is booming. This means that its popularity continues to grow. The blockchain technology behind cryptocurrencies continues to improve. Certain cryptocurrencies are increasingly attracting the attention of investors. I am are not just talking about Bitcoin, but Cardano (ADA).

The fact that this is the very first peer-reviewed decentralized blockchain solution in the world alone makes it special. Also interesting to mention is that the project was conceived by Charles Hoskinson, one of the co-founders of Ethereum.

Cardano came on the market in September 2017. It turned out to be a great success from the start. The team behind Cardano, consisting of several scientists, raised more than $63 million during the ICO. The value of the crypto rose like a rocket and in October 2017 it already had a market cap of more than 600 million dollars.

Cardano is relatively young crypto.  Therefore it is considered a third-generation blockchain, which means that it is different from older digital coins such as Bitcoin and Litecoin. One of the most interesting features of Cardano is that it uses a programming language that comes from military infrastructure and other high industries.

This makes it a valuable crypto for various sectors. The way Cardano works also contributes to its growing popularity. I have listed the most important features and advantages of Cardano for you:

  1. It is more reliable than many other crypto platforms: Cardano uses the so-called PoS algorithm and is therefore very reliable. Proof of stake validation makes the use of additional machines within the system unnecessary. This is due to the fact that nodes are responsible for throughput. The positive result is that the system is more secure because breaking in is virtually impossible.

  2. It has a system consisting of two layers: Each layer is responsible for a full set of tasks. This promotes interoperability, or cohesion between different crypto platforms.

  3. Cardano is energy efficient: Because of the Proof of Stake model, there is no need for mining, which saves a lot of energy.

  4. Cardano is scalable: Its scalability is better than that of Ethereum. Moreover, thanks to the PoS, it is more decentralized because it scales horizontally via so-called side-chains. Ethereum does this vertically, which is less good for scalability. |

  5. User privacy is paramount: Transactions are secure and user privacy is well protected because they are performed without metadata. With Ethereum, this is standard in the transactions.

  6. Updates are made easy: Cardano is able to perform updates without any problems with executing transactions or the balances. Updates to expand the network, for example, run smoothly. With Ethereum and other older cryptocurrencies, 'bugs' sometimes arise that cause annoyance among users.

What is the future of Cardano?

Firstly, due to its decentralized nature, the Cardano blockchain is very secure. Meanwhile, the layered architecture ensures sufficient scalability. This gives Cardano enormous potential for the future. Moreover, this project was only launched after extensive peer-reviewed research. So it has a good scientific basis.

Finally, the blockchain is stable and very sustainable, as Cardano cannot be mined. In short: I have high expectations of Cardano. In the coming years I will see if this crypto lives up to its potential. I just cant not wait!

6. VeChain (VET): Blockchain Solutions for Business

The team behind VeChain must have toasted the success of their project several times. They have managed to create a universal platform with a much sought-after product. In 2021, VeChain offers a wide variety of solutions that make integrating blockchain a lot easier for companies.

Initially, VeChain gained worldwide fame for its smart and handy chips that could trace products. For example, users had to insert a QR code, an RFID tracker or an NFC chip into one or more devices.

Because all products now had smart chips, the data was much more reliable for users. It had the following objectives: 

  • Ensuring product safety

  • Guaranteeing the authenticity of products

  • Counterfeit protection

  • Optimizing supply chains

The above objectives were successfully achieved. Still, VeChain is mainly a blockchain service provider in the corporate world today. It aims to create a distributed ecosystem for companies now and in the future.

This ensures better and more efficient cooperation between companies and/or institutions. In addition, VeChain wants to make information flows more transparent. Of course, the company does not do this alone. To realize the new goals, VeChain is working with a number of big names, such as Walmart, BMW Group, Shanghai Gas and Microsoft.

What is the future of VeChain?

VeChain provides blockchain solutions as a service to businesses. This sounds promising, and it is. This company is actually using applications to change the world. In that regard, it's no surprise that it has so many partners from the corporate world.

But the healthcare industry, the car industry and even the fashion world can also benefit from the blockchain technologies that VeChain offers. In short, VeChain offers the following benefits:

  1. An experienced team: The VeChain team is known as professional and can rely on years of experience in the crypto industry.

  2. It has a large number of dApps: The number of dApps on the VeChain platform is increasing and they generally work excellently.

  3. It has more and more partnerships with leading companies and brands: Recently, VeChain signed an agreement with DNV GL to reduce CO2 emissions on the planet.

Whether or not you invest in VeChain is of course your own choice. You can buy VeChain Thor with euros, among other things, at the Dutch exchange Bitvavo. In any case, I think it is a promising crypto project and are curious how it will develop in the coming years.

7. Litecoin (LTC): Fast transaction times

Bitcoin was the first cryptocurrency to pioneer in 2009. I can now speak of a billion-dollar industry with thousands of altcoins. One of the best known alternative coins is Litecoin. It was designed in 2011 by Charlie Lee to make digital payments worldwide, faster and cheaper than with Bitcoin.

I can say that Litecoin has become a great success. Of course I don't know what the future will bring. But I think Litecoin is a good crypto investment for the coming years.

he basis of Litecoin is the same as that of Bitcoin. It is a digital currency because you can send a certain value to someone. These transactions are decentralized.

This means that you can make or receive payments without the involvement of a third party. For example, a bank cannot interfere with the transaction. In recent years i have seen that Litecoin is used as a means of payment in more and more places. Think, for example, of restaurants.

💡 Fact: Litecoin creator Charlie Lee sold all his coins in December 2017.

More and more companies are also paying their employees in crypto coins if they want to. Bitcoin is still the most popular option, but Litecoin is definitely on the rise.

One of the advantages of Litecoin over Bitcoin is that it processes transactions very quickly. A payment with euros or dollars via the bank sometimes takes a day or more. This is not the case with Litecoin.

Moreover, you hardly pay any commission for transferring Litecoin, while this is usually the case with banks. Do you want to transfer a certain amount to someone quickly? Then I recommend using Litecoin. You will discover how fast and cheap it is.

Its speed and low transaction costs make Litecoin one of the most promising cryptocurrencies of the coming decade.

What is the future of Litecoin?

Charlie Lee has determined that a limited number of this cryptocurrency is in circulation. This has an important reason, namely that the value of Litecoin will increase due to scarcity. However, the maximum amount of Litecoin is four times as large as that of Bitcoin.

As a result, there is a good chance that the value of Bitcoin will always be higher than that of Litecoin. Another difference between the two coins is that making transaction blocks at Litecoin is much faster.

Litecoin is interesting for those who want to perform fast and cheap transactions. I also consider it a good investment for the future:

  1. It's Decentralized : It's a decentralized alternative to traditional currencies. As a user, you do not have to rely on central authorities, central banks or other third parties.

  2. The network is accessible to everyone : People from all walks of life can use the Litecoin network. As a result, there are no high transaction costs and the risk of price manipulation is low.

  3. Low Transaction Fees : Compared to other cryptocurrencies and payment systems, Litecoin has very low transaction fees that may contribute to rapid adoption.

  4. Fast transaction time : Litecoin's transaction speed is no less than four times faster than Bitcoin: 2.5 minutes versus 10 minutes. This may also increase the risk of hacker attacks. After all, they have less time to attack the network and associated transactions.

  5. It is scalable : Litecoin is capable of processing 56 transactions per second. A big difference with Bitcoin (7 transactions per second) and Ethereum (15 transactions per second).
    It has a maximum number of coins: Litecoin's maximum number of coins is 84 million, versus Bitcoin's 21 million. On the one hand, due to less scarcity, the value increases less quickly, but on the other hand, the risk of inflation is much smaller.

  6. It has an energy efficient algorithm : Litecoin has an algorithm called 'scrypt'. It is a different and more energy efficient way of mining than, for example, Bitcoin.

8. Polkadot (DOT): Will this crypto project change the world

Vitalik Buterin and Dr. Gavin Wood are well-known names in the crypto world. These two men founded Ethereum. Due to disagreement, their ways parted. Next, Wood founded a new cryptocurrency: Polkadot.

Of course, he didn't do this alone, but in collaboration with more than a hundred absolutely world-class developers. The result? An open source project that envisions a decentralized web. dr. Wood published a whitepaper, the Web3 foundation was established and the first ICO in October 2017 ended in a huge success.

Polkadot's ICO raised hundreds of millions of dollars. The money was desperately needed to build an innovative ecosystem. The Web3 Foundation worked with developers from Parity Technologies and capital partners such as Polychain Capital, among others, to get the project off the ground. All the hard work paid off: by September 2020, 150 projects had already been launched with the help of Web3 grants.

What is the future of Polkadot?

I think this technology is impressive and believe that Polkadot adoption will take off in the coming years. An investment in this crypto platform is also worth it for these reasons:

  1. It is highly scalable: thanks to its 'parachains', Polkadot is able to support an infinite number of blockchains and connect them to each other.

  2. The transaction costs are low: The transaction costs of Polkadot are lower than those of other cryptocurrencies, such as Ethereum.

  3. It's easy to upgrade: Polkadot is able to make upgrades without the need for hard forks.

  4. The Consensus Mechanism in Customizable: The Polkadot platform offers a consensus mechanism that is both open and customizable.

  5. It supports cross-chain transactions: At Polkadot, the value can be transferred between different blockchains.

  6. It's very secure: The security is bundled under a special digital umbrella that protects small chains.

9. Tezos (XTZ): Ambitious crypto project with golden future

Tezos is a blockchain on which smart contracts are built. It has been around since 2014, but was not released until 2018 due to issues between the development team. Despite the fact that the project has been delayed for a few years, many investors have now been convinced of its usefulness.

This is evidenced by the fact that Tezos hosted one of the largest ICOs in crypto history. It managed to raise a whopping $232 million!

The technology behind Tezos is impressive. First, it is a Proof of Stake (PoS) blockchain. Or, to make things a little more complicated, it's a variant called Delegated Proof of Stake (DPos). As the name might suggest, anyone who owns more than 8000 XTZ can become a representative of the network. They are given the following tasks:

  • Making new blocks.

  • To agree or not with the blocks created by other users.

One of the special features of Tezos is that it is self-correcting. This means that network updates can be made without hard forks. The positive result is a thriving community that is generally in agreement.

So no hassle with Tezos, as was the case with the hard fork of Bitcoin into Bitcoin Cash. Instead, this crypto project is able to adapt to the technological developments in the crypto market.

What is the future of Tezos?

Tezos is promising in our opinion. I are very positive, but would like to emphasize that the crypto market is very volatile. The value of XTZ can rise sharply, but also fall. Never invest more money than you can afford to lose. Still, an investment in Tezos is a good idea for the following reasons:

  1. Anyone can participate in the Tezos blockchain: Tezos is an open-source blockchain and all users contribute to the stability and security of the network.

  2. It is possible to develop dApps and smart contracts on the network : Would you like to develop a dApp or a smart contract? Then you can use the Tezos platform. It has its own smart contract language called 'Michelson' which facilitates authentication.

  3. The blockchain is relatively cheap: All participants in the network provide the necessary computing power to keep it running. This is the so-called Proof of Stake consensus mechanism and is cheaper than blockchains that use the Proof of Work mechanism.

  4. The network adapts relatively easily: The Tezos network uses its own upgrade mechanism that allows it to easily implement technological improvements if necessary.

  5. It has a long list of partners: Notable names include Travala and Tribe.

10. Bitcoin Cash: Successful hard fork with a lot of potential

Bitcoin Cash is a cryptocurrency that emerged after splitting in the Bitcoin network. It is the result of a hard fork.

Until August 1, 2017, both blockchains shared the same history, after that no more. There were several reasons for this much-discussed hard fork. First, some users found the Bitcoin blockchain's capacity too limited.

Initially, the Bitcoin developers came up with the so-called 'Lightning Network' and the 'SegWit' to tackle this problem.

💡Fact: In 2017 Bitcoin and Bitcoin Cash were able to buy a piece of land in 'Liberstad' in Norway. 
In this city, traditional currencies are a thing of the past and you can only pay with cryptocurrencies.

This backfired. The number of proponents of increasing the block capacity from 1 MB to 8 MB increased. However, the Bitcoin community could not find common ground. This eventually led to a hard fork and the birth of a new crypto: Bitcoin Cash.

What is the future of Bitcoin Cash?

I Am are positive about the future of Bitcoin Cash. At the moment you can't use it in all shops and catering establishments, but I expect that will be the case in the future. Companies often still opt for Bitcoin as a digital payment method.

But we've seen it get joined by more and more altcoins. Moreover, more and more webshops accept Bitcoin Cash. Often you can use a tool that converts the cryptocurrency into traditional currencies, such as euros. Still unsure whether Bitcoin Cash is a good investment? Then take a look at this list of benefits:

  1. It is decentralized: Bitcoin Cash's network is decentralized, meaning that outside parties such as banks and financial institutions cannot interfere with transactions.

  2. The network is very secure: The nodes are distributed worldwide. As a result, Bitcoin Cash is immune to hacker attacks. A nice feeling!

  3. It's scalable: Bitcoin Cash's scalability is much better than Bitcoin's. This means that many more people can transact at the same time. In November 2020, Bitcoin Cash had a block size of 32 MB, significantly more than Bitcoin's 1 MB, according to CoinMarketCap.

  4. It is very efficient: Due to the block size, more transactions can be recorded in each block. This ensures quick and cheaper payments, so very efficient. It is also nice to know that the queue of unconfirmed transactions is relatively low with Bitcoin Cash. On average, this is between 200 and 250 transactions.

  5. Low transaction costs: Thanks to its scalability, the transaction costs of Bitcoin Cash are lower than those of Bitcoin.

Hey thanks for reading.

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Truly Crypto is the future. Investing in promising coins is wise decision. Another coin I will recommend is AWC token which has all potential and expecting it to escalate very high and is good to buy now and stake it for good reward while waiting for bullrun. For info on AWC token - https://atomicwallet.io/token

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