Bitcoin Evolution: Bitcoin is not just a trendsetter. Leading to the waves of Digital currency It has created a decentralized Bitcoin peer-to-peer network and has become the de facto standard of cryptocurrencies. It also inspires followers and spin-offs.
This article will introduce Digital currency That are popular nowadays other than Bitcoin that is worth investing in
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- Digital currency
Ethereum (ETH) or Etherium
Ethereum is the first major project to offer Smart Contracts, allowing developers to distribute decentralized applications on desktop and mobile devices (dApps) with blockchain technology behind it.
Ethereum is a digital currency that is worth a lot of liquidity and the highest is second , behind the Bitcoin has a market value of 49.10 billion US dollars. And the value per token of $ 437.56 as of Tuesday August 18, 2020.
Another reason to believe Ethereum will remain a strong investment in the coming years is that. Have a loyal team and community This is a great opportunity for Ethereum to stay stable and increase its value over the long term.
There is also a lot more Ether (Ethereum token) compared to Bitcoin or Litecoin.Ether fuels the dApp ecosystem, meaning millions of developers and companies will need it to support smart contracts and publish apps. steep
In the 2020 Ethereum price forecast provided by DigitalCoinPrice.com, the ETH price is expected to grow significantly over a year.It is forecast that the ETH will be traded at approximately $ 843.62.
Ripple (XRP) : Bitcoin Evolution
Ripple is a real-time global payment network that offers fast, reliable and low-cost international payments. Launched in 2012, Ripple “enables banks to make real-time cross border payments. With end-to-end transparency and low cost, Ripple’s consensus ledger (as a method of structure) is unique in that it does not require mining, in this way Ripple separates itself from Bitcoin and Altcoins. Other, because Ripple’s structure does not require mining. Therefore, it reduces computer power consumption and reduces network latency.
So far, Ripple has succeeded in its current business model, which remains one of the most attractive cryptocurrencies among traditional financial institutions looking to revolutionize cross-border payments.
As a result, Ripple is focused on large institutions rather than individual users.Ripple has partnered with big banks around the world and more and more financial institutions are looking to use the Ripple protocol.
The reason we think Ripple will soar over the next few years is the fact that, thanks to the institutional support and security of SEC regulations, XRP remains a powerhouse in the cryptocurrency community.
Ripple is also third behind Bitcoin and Ethereum, with a market cap of $ 14.28 billion and a value of $ 0.318 per token as of Tuesday, August 18, 2020.
In the 2020 Ripple price forecast provided by DigitalCoinPrice.com, XRP is expected to grow significantly over a year, and XRP is expected to trade at around $ 0.631.
Realtime Litecoin Prices
LiteCoin was launched in 2011 as the first cryptocurrency after Bitcoin. And is often referred to as the Golden Bitcoin Light Coyne was founded by Charlie Lee graduated from the Institute of Technology of Massachusetts and a former engineer in Google Light Coyne, depending on network payments worldwide. Open source software that is not controlled by any central authority and uses “scrypt” to provide proof of work, which can be decrypted with the help of consumer-level CPUs.
One of the main reasons for considering investing in Litecoin is its high liquidity and large market capitalization. If you want to avoid coins with a small market capitalization and community, then go with cryptocurrencies like Litecoin.
Litecoin has a limited supply of 84 million coins (compared to Bitcoin’s 21 million) and a block reward of 25 LTC.This is a high block reward compared to other cryptocurrencies.
Additionally, the average time to mine a block on the LTC blockchain is about two minutes, faster than most other cryptos.
Although Litecoin is like Bitcoin in many things. But LiteCoin has a faster blogging rate. Therefore, transactions can be confirmed faster than Bitcoin. Beyond the developers More and more business people accept Litecoin.
Litecoin has a market cap of $ 4.20 billion. And the value per token of $ 64.35 as of Tuesday, August 18, 2020.
In the 2020 Litecoin price forecast provided by DigitalCoinPrice.com, the LTC price is expected to grow significantly over a year, the LTC is forecast to be traded at around $ 95.95.
Bitcoin Cash (BCH) : Bitcoin Evolution
Bitcoin Cash is an important part of the history of Alcoins because Bitcoin Cash was one of the first and most successful hard forks of traditional bitcoins. In the world’s cryptocurrency, Fork arose as a result of controversy between developers and miners. Due to the decentralized nature of cryptocurrency as a basic token code set or The coin at hand must be made by general consensus. The mechanisms for this process differ for the specific cryptocurrency.
When each side could not reach an agreement Therefore, sometimes the digital currency is split with the original, still true to the original code. And a fresh copy of the previous coin’s new beginning life, completed with BCH code changes, began life in August 2017 as a result of its separation.
The controversy that led to the creation of the BCH had to be made with the issue of scalability.Bitcoin had a strict block size limit of one megabyte, but BCH increased the block size from one megabyte to eight megabytes. It is with the idea that larger blocks allow faster transactions. There are also other changes in the block size. This includes eliminating alternative protocols (Segregated Witness protocol) which affect block size.
BCH has a market cap of $ 5.89 billion and a value of $ 318.74 per token as of Tuesday, August 18, 2020.
In the 2020 BCH price forecast provided by DigitalCoinPrice.com, the BCH price is expected to grow significantly over a year, it is forecast that the BCH will be traded at approximately $ 663.18.
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