TOP TEN CRYPTOCURRENCY
Ethereum
Ethereum is a decentralized software platform that enables Smart Contracts and Distributed Applications to be built and run without any downtime, fraud, control or interference from a third party. The applications on Ethereum are run on its platform-specific cryptographic token, ether. Ether is like a vehicle for moving around on the Ethereum platform and is sought by mostly developers looking to develop and run applications inside Ethereum, or now, by investors looking to make purchases of other digital currencies using ether.
During 2014, Ethereum had launched a pre-sale for ether which had received an overwhelming response. The applications on Ethereum are run on its platform-specific cryptographic token, ether. Ether is like a vehicle for moving around on the Ethereum platform and is sought by mostly developers looking to develop and run applications inside Ethereum, or now, by investors looking to make purchases of other digital currencies using ether.
According to cryptocurrency market data analytics site CoinMarketCap.com , the current value of one ether is $225.04 USD (as of May 21, 2017).
The top ten cryptocurrency websites are the following:
1. Google
2. Yahoo
3. Facebook
4. YouTube
5. Amazon
6. Wikipedia
7. eBay
8. Yahoo Japan
9. Twitter
10. Google Play
If you are an investor or a crypto enthusiast, you must be aware of the top 10 cryptocurrencies in this industry. Here, we will talk about the most popular ones that have made it to the list.
The first cryptocurrency that was created is Bitcoin. It was created by Satoshi Nakamoto in 2009 and has since become very popular among traders and investors alike. This type of currency is based on a peer-to-peer system, which means that there is no central authority controlling its value. What’s more interesting about this type of currency is that it can be exchanged for other currencies such as US dollars and Euros at online exchanges.
Litecoin is another top 10 cryptocurrency after bitcoin. It was created by Charlie Lee who is also the founder of Bitpay. Unlike Bitcoin, Litecoin does not use a proof-of-work protocol like SHA256 but instead uses scrypt algorithm for mining purposes. This means that it consumes a lot less power than Bitcoin when mining new coins, making it more efficient and profitable for miners**
bitcoin is the best cryptocurrency. Ethereum is the second best cryptocurrency. Ripple is the third best cryptocurrency. Bitcoin cash is the fourth best cryptocurrency. EOS is the fifth best cryptocurrency. litecoin is the sixth best cryptocurrency. stellar lumens is the seventh best cryptocurrency. cardano is the eighth best cryptocurrency. NEO (NEO)is the ninth best cryptocurrency. monero (xmr)is the tenth best cryptocurrency .
bitcoin: bitcoin was first introduced in 2008 and since then it has been on a rise. It was created by Satoshi Nakamoto who was both a software developer and a programmer .
Ethereum: Ethereum is an open source blockchain based platform for smart contracts that has been developed by Vitalik Buterin in 2014. This technology allows applications to run on their own without fraud, downtime or interference from third parties or external sources of corruption
Ripple: Ripple can be used to trace its history back to 2004 when Ryan Fugger began working on what he called a decentralized monetary system to offer financial solutions to individuals and businesses in communities around the world
Bitcoin cash: Bitcoin Cash (BCH) was created in 2017 as an alternative to Bitcoin (BTC). It’s designed to improve upon Bitcoin’s shortcomings, such as high fees and slow transaction times
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The top ten cryptocurrencies are:
1. Bitcoin (BTC)
2. Ethereum (ETH)
3. Litecoin (LTC)
4. Monero (XMR)
5. Ripple (XRP)
6. Dogecoin (DOGE)
7. Dash (DASH)
8. MaidSafeCoin (MAID)
9. Stellar Lumens (STR/XLM)
10. Factom (FCT)
Cryptocurrency is a digital currency that is used as a medium of exchange. The most popular cryptocurrency today is bitcoin, but there are many other types such as litecoin, namecoin, peercoin and ripple.
Bitcoin is the most popular cryptocurrency because it is the first ever created cryptocurrency and has been around since 2009. The creator of bitcoin is unknown and it has become a popular way to pay for goods and services. Bitcoin has become very popular and many people now use it for online transactions.
There are many other types of cryptocurrencies such as litecoin, namecoin, peercoin and ripple. These types have different features that make them unique from each other. Some of these features include speed of transaction, anonymity, privacy and security.
Cryptocurrency mining is done by computers which run software that finds blocks in the network that can be mined into bitcoins or other currencies. Mining requires special hardware called ‘miners’ which can cost thousands of dollars per unit.
The first step in mining is to find a block by solving mathematical problems with the help of computers. The second step is to add the block to the blockchain which keeps track of all transactions happening on the network.
In order to mine bitcoins
First, you need to set up a bitcoin wallet. You will use it to store, receive and send bitcoins. The next step is to fund your wallet. To do this, you must link your wallet to a bank account/debit card/credit card or other payment method. If you are in the U.S., Canada, UK or Europe, there are several great options for buying bitcoin with traditional payment methods you are familiar with.
Once you have funded your account, you can look at the buy/sell page on any of the exchanges linked above and find the currency pair BTC/USD. Place an order at the price level you want and wait for it to execute (assuming someone else is willing to sell at that price). Once you’ve purchased bitcoin it can be stored in your wallet (the software on your computer or app on your phone).