Short Details about Big Market Potential Crypto Currencies

Bitcoin (BTC)

• The first and largest cryptocurrency by market cap

• Created in 2009 by an unknown inventor using the pseudonym Satoshi Nakamoto

• Bitcoin is considered to be the first wide-scale implementation of blockchain technology

• From just a few cents in 2009, BTC’s value skyrocketed to close to $20,000 in 2017

XRP by Ripple Labs (XRP)

• Released in 2012 by Ripple Labs, a company founded by American programmer, Jed McCaleb

• XRP enables real-time payments and settlements with greater transaction speeds and lower costs

• Aiming to provide solutions for financial institutions, XRP is already in use by many well-known brands, such as the Bank of America and UBS

Ethereum (ETHEREUM)

• Created by Russian programmer, Vitalik Buterin, and launched in 2015

• Ethereum has received international recognition and support from technology giants such as Microsoft and Intel

• In addition to payments, Ethereum also supports “smart contracts”

Bitcoin Cash (BCH)

• Created in August 2017, when Bitcoin underwent a ‘hard fork’

• Designed to be a solution to the backlog of transactions Bitcoin was experiencing

• Bitcoin Cash’s larger block size (eight times that of Bitcoin) and improved hash rate enable faster transaction speeds at a lower cost

Ethereum Classic (ETC)

• Created in 2016, when Ethereum underwent a ‘hard fork’

• After Ethereum’s founders switched to a new blockchain, the original Ethereum platform became Ethereum Classic

• Ethereum Classic has a significantly lower market cap than its namesake, but is still a popular cryptocurrency

Litecoin (LTC)

• Released in 2011 by former Google engineer, Charles Lee

• Litecoin is based on Bitcoin’s technology, but offers quicker processing times and a larger number of tokens

• The first cryptocurrency to implement SegWit, a method of speeding up transaction times without compromising the underlying blockchain technology

Dash (DASH)

• Developed by software programmer, Evan Duffield

• Originally launched in 2014 as XCoin, rebranded as Dash in 2015

• Based on Bitcoin’s technology, Dash’s additional infrastructure enables faster transactions and higher liquidity

• Unlike other cryptocurrencies, Dash is a decentralised autonomous organization (DAO)

Stellar Lumens (XLM)

• Launched in 2014 and cofounded by Jed McCaleb, the creator of Ripple

• Operates on a unique consensus algorithm rather than mining

• Average confirmation time for a Stellar transaction is extremely fast — a mere few seconds to complete — at an extremely low cost

• Stellar can facilitate transactions between multiple currencies, whether fiat or digital

NEO (NEO)

• Created in 2014 by Da Hongfei

• NEO was modeled after ETH, and is also known as the ‘Chinese Ethereum’

• Designed to be easily modified and to have no forking ability, NEO faces fewer challenges in the Chinese market than other cryptocurrencies

• Overall supply of NEO is hard-capped at 100 million tokens, to be released gradually into circulation

EOS (EOS)

• Released in early 2018, EOS quickly became one of the top ten cryptos

• Similar to Ethereum in function, EOS was designed for faster transactions and extreme scalability

• EOS’s powerful open-source infrastructure could potentially support thousands of commercial scale decentralised applications (DApps)

• EOS uses a Delegated Proof of Stake (DPOS), rather than a mining-based blockchain

Cardano (ADA)

• Launched in September 2017, Cardano quickly reached a multibillion dollar market cap

• Inspired by Ethereum, Cardano aims to utilise blockchain technology for far more than just payments

• Enables developers to create their own blockchain apps using the platform

• Cardano’s dual-layer structure runs each layer separately, as opposed to Ethereum, where both layers are intertwined

IOTA (MIOTA)

• Launched in 2015

• IOTA is based on a proprietary ‘blockless’ blockchain called Tangle

• Has secured strategic partnerships with well-known brands such as Volkswagen

• IOTA is paving the way for a decentralised network to power the Internet of Things (IoT)

Zcash (ZEC)

• Released in 2016

• Zcash encrypts the contents of shielded transactions, using a novel form of zero-knowledge cryptography called zk-SNARKs to verify their validity

• Ensures that the sender, recipient, and amount transferred are all kept private

• Zcash has a fixed total supply of 21 million units, similar to Bitcoin

Binance Coin (BNB)

• Originally founded in Shanghai in 2017, Binance now operates out of Taiwan

• BNB is a utility cryptocurrency used to pay transaction exchange fees

• Gives traders a discount on the nominal 0.1% of the transaction’s value and supports transactions of over 150 cryptocurrencies

Your little contributions makes me to do more articles.Thanksyou don't forget to subscribe and upvote this post.

Source : Etoro.com