Top 6 Major Cryptocurrencies and the Differences Between Them
JP Buntinx April 6, 2017 Featured
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darknet markets because it provides privacy and anonymity one cannot find in bitcoin. Other use cases for Monero are somewhat limited, though.
4. RIPPLE
Although many have quite contrasting opinions regarding Ripple, one cannot ignore the benefits it brings to the table. Unlike other cryptocurrencies, Ripple is not about speculation, but strongly focuses on transactional utility. Dozens of banks around the world are looking at Ripple to improve their transactions and other day-to-day operations moving forward. Over the past few days, Ripple’s XRP token saw its price increase significantly due to a new banking partnership.
3. ETHEREUM
Over the past year or so, many people have compared Ethereum to bitcoin. That is like comparing apples and oranges, since both ecosystems are nothing alike. Ethereum focuses on the technical side of blockchain development, including native tokens, smart contracts, and decentralized applications. It is possible all of these features will come to bitcoin in the future, but it is good to have some competition among cryptocurrency ecosystems.
2. LITECOIN
To a lot of people, litecoin is either a bitcoin clone or one of the first “original” outcomes to gain traction. Litecoin offers a different mining algorithm and faster transactions. Interestingly enough, there are some development similarities between bitcoin and litecoin. Segregated Witness, for example, may very well activate on the litecoin network first before it will go into effect among bitcoin users. Litecoin is accepted as a payment solution in various places, although it is nowhere near bitcoin’s level of acceptance.
1. BITCOIN
It is impossible to deny the success bitcoin has had. Even though bitcoin has some problems that need addressing, such as scalability and privacy, it has become the world’s leading cryptocurrency with relative ease. Bitcoin is designed to make global transactions possible and boost financial inclusion. Moreover, thousand of merchants all over the world have started accepting bitcoin payments, both in the online and offline world.
https://themerkle.com/top-6-major-cryptocurrencies-and-the-differences-between-them/
JP Buntinx April 6, 2017 Featured
Tweet
Share24
+15
Share3
darknet markets because it provides privacy and anonymity one cannot find in bitcoin. Other use cases for Monero are somewhat limited, though.
4. RIPPLE
Although many have quite contrasting opinions regarding Ripple, one cannot ignore the benefits it brings to the table. Unlike other cryptocurrencies, Ripple is not about speculation, but strongly focuses on transactional utility. Dozens of banks around the world are looking at Ripple to improve their transactions and other day-to-day operations moving forward. Over the past few days, Ripple’s XRP token saw its price increase significantly due to a new banking partnership.
3. ETHEREUM
Over the past year or so, many people have compared Ethereum to bitcoin. That is like comparing apples and oranges, since both ecosystems are nothing alike. Ethereum focuses on the technical side of blockchain development, including native tokens, smart contracts, and decentralized applications. It is possible all of these features will come to bitcoin in the future, but it is good to have some competition among cryptocurrency ecosystems.
2. LITECOIN
To a lot of people, litecoin is either a bitcoin clone or one of the first “original” outcomes to gain traction. Litecoin offers a different mining algorithm and faster transactions. Interestingly enough, there are some development similarities between bitcoin and litecoin. Segregated Witness, for example, may very well activate on the litecoin network first before it will go into effect among bitcoin users. Litecoin is accepted as a payment solution in various places, although it is nowhere near bitcoin’s level of acceptance.
1. BITCOIN
It is impossible to deny the success bitcoin has had. Even though bitcoin has some problems that need addressing, such as scalability and privacy, it has become the world’s leading cryptocurrency with relative ease. Bitcoin is designed to make global transactions possible and boost financial inclusion. Moreover, thousand of merchants all over the world have started accepting bitcoin payments, both in the online and offline world.
https://themerkle.com/top-6-major-cryptocurrencies-and-the-differences-between-them/