Bitcoin, Ethereum, Bitcoin Cash, Ripple, and Litecoin are the top five cryptocurrencies for investing in 2018.
Bitcoin is the first and most well-known cryptocurrency. It is a digital asset and a payment system invented by Satoshi Nakamoto. Bitcoin uses peer-to-peer technology to operate with no central authority or banks; managing transactions and the issuing of bitcoins is carried out collectively by the network.
Ethereum is a decentralized platform that runs smart contracts: applications that run exactly as programmed without any possibility of fraud or third party interference. Ethereum is powered by its own cryptocurrency, Ether.
Bitcoin Cash is a cryptocurrency and a payment system. It is a fork of the Bitcoin blockchain. Bitcoin Cash was created on August 1, 2017, as a result of a hard fork of the Bitcoin blockchain.
Ripple is a real-time gross settlement system, currency exchange, and remittance network. It is built upon the blockchain technology and uses XRP, the Ripple token, to act as a bridge between different fiat currencies.
Litecoin is a peer-to-peer Internet currency that enables instant, near-zero cost payments to anyone in the world. Litecoin is an open source, global payment network that is fully decentralized without any central authorities.
0 Comments