1. Bitcoin (BTC)
It was the first cryptocurrency to become popular in the world and it is still the most traded coin. Bitcoin was created by Satoshi Nakamoto in 2008 and since then, it has become the most popular cryptocurrency. The total number of coins that can be mined is 21 million. Currently, only 16 million are in circulation and over 60% of all bitcoins have already been mined.
2. Ethereum (ETH)
The second most popular coin is Ethereum which is an open source platform for apps that can be built and run without any downtime, fraud or control from third party. It offers smart contracts which help to run applications exactly as programmed without any possibility of fraud, censorship or third party interference. Its applications are completely decentralized which means they reside on computers all over the world connected through a peer to peer network. This makes it difficult to shut down and impossible to hack.
3. Ripple (XRP)
Ripple is different because it does not use blockchain technology in order to reach a consensus among those who validate transactions and create new blocks. Instead, Ripple uses a consensus process that makes it more centralized than other major coins like Bitcoin and Ethereum. However, Ripple has stated that its goal is to create a fully decentralized currency exchange by eliminating third
Bitcoin has been the top-performing cryptocurrency in the world in six of the past seven years, climbing from zero to a new high value of about $15,000. But 2017 has seen the rise of a new “kid” on the block: Ethereum, which first broke into public consciousness in June when it surged nearly 3,700% from $8.24 to $317.
Ethereum’s rapid rise has made it one of the most popular cryptocurrencies available today. While Bitcoin has grabbed much of the attention, Ethereum has quietly surpassed it in key use cases and is now being tipped as “the next Bitcoin.”
1 – Bitcoin (BTC)
1) Bitcoin (BTC)