Bitcoin is considered by many as the most well-known cryptocurrency that is decentralized. But, aside from bitcoin, there are other altcoins that provide a significant value, too. Are you curious to learn about other crypto currencies? The bitcoin cryptocurrency isn’t the only one. Here are some other bitcoins.
1. Litecoin (LTC)
The data shows that, as of July 2018, Litecoin had per token value of $87.56. It was developed by a an former Google engineer as well as MIT graduate Charlie Lee. Similar to Bitcoin, Litecoin doesn’t have any oversight from any authority central to it. It relies on “scrypt” to prove of its work. It is different from bitcoin. Litecoin is faster in block generation speed. This means it can provide an earlier confirmation of transactions.
The coin is built upon an open-source, crypto signal global payment system. It is widely accepted by merchants , with the number of transactions increasing each day. In July 2018, it was worth an estimated market value in the range of $5.03 billion.
2. Ethereum (ETH)
It was introduced in 2015. ETH is an open source software platform. It allows Distributed Applications and Smart Contracts to be developed and operated without interruption or fraud, as well as without third-party interference. There is a component known as Ethereum, which functions as an engine within the platform. Developers looking to create and operate applications on the ethereum platform and investors looking to buy other currencies are among the most interested people in the ether.
The value per token of Ethereum at the time of writing stood at $474.66 with a market capitalization of $784.84. 47.84. Ethereum is the second largest cryptocurrency after bitcoin.
3. Zcash (ZEC)
Similar to other altcoins Zcash is an open source and decentralized cryptocurrency. It was introduced in year in the year. The cryptocurrency is known for its security and limited transparency of transactions. It’s an exclusive feature that is different from other altcoins isn’t it?
ZEC claims to provide additional security in that all crypto signals telegram transactions are recorded on the blockchain. But, more specific details about the recipient and sender, and even the amount, remain confidential. The data shows that in July of 2018, Zcash had per token value of $206.23. Its market cap of $904.85 during that same period.
It was initially called darkcoin. Dash is a less shady variant of bitcoin. Dash’s operation Dash allows transactions to be virtually untraceable. It does this because it is anonymous as it is based in a decentralized mastercode system.
Dash was first launched on January 1, 2014. Since then, it has experienced an increase in the number of followers despite its short time. The cryptocurrency was invented through Evan Duffield. It can be mined with the use of a GPU or CPU. The research suggests that in July of this year, Dash had a market value of $2.19 billion, and a value per token was $266.58.