Tuesday, 24 April 2018

Top 5 Cryptocurrency in the Market

Bitcoin:

Bitcoin () is a cryptocurrency and worldwide payment system which is used heavily today. It is the first decentralized digital currency in the world as the system works without a central bank authority or single administrator in work due to which it is not legal in countries like India and Canada.The network is peer-to-peer and transactions take place between users directly, without any third party. 



Transactions are verified by network routes through the use cryptography recorded in a public ledger called a blockchain method. Bitcoin was invented by an unknown person under the name Satoshi Nakamoto who is believed to live in Japan.
They can be exchanged for other currencies, products, and any services without the use of cash if it is legal in that country. 


Bitcoin Graph



Ethereum:

Ethereum is an online decentralized platform that runs smart contracts as a part of their service. Applications can run exactly as programmed without any possibility of censorship, any fraud or third-party interference in their usage in means of hacking.
 It is developed and managed by the  Ethereum Foundation, a Swiss company, with contributions from great minds across the globe.

Ethereum Chart




Ripple:

It is built on one of the most advanced blockchain technology that is secure and interoperates different networks present today. Ripple provides optional access to the world’s fastest and most scalable digital asset for payments, XRP.
The network can easily operate without the Ripple company in fact. Among its known validators are companies, and even the Massachusetts Institute of Technology.
It is used by big company names such as UBS and Santander. Ripple has been increasingly adopted by banks and payment networks as infrastructure technology.





EOS IO:

EOS IO is a highly popular cryptocurrency token and blockchain that operates as a smart contract platform for the deployment of decentralized applications and decentralized corporations in the present market system.
It claims to eliminate transaction fees and also conduct millions of transactions per second for hassle-free usage and easiness for the user.


EOS IO GRAPH




LITECOIN:

Litecoin (LTC or Ł) is a peer-to-peer cryptocurrency market network and open source software project released under the MIT/X11 license.Creation and transfer of coins is based on an open-source protocol and is not managed by any central authority like Bitcoins due to which most Governments don't trust them The coin was inspired by, and in technical details is nearly identical to Bitcoin.

Litecoin Graph








1 comments:

  1. best coin is LITECOIN i am totally belie on this coin i can't get lost in 2 years with LITECOIN

    ReplyDelete