The Most Important Cryptocurrencies Other Than Bitcoin

Cryptocurrency mining
March 1, 2018

1. Litecoin

Launched in 2011, Charlie Lee an MIT grad and a former Google engineer created Litecoin the “silver to Bitcoin’s gold”. Litcoin has a very positive lead. Litcoin has a faster and powerful block generation rate and also offers a faster transaction confirmation. Litcoin is based on an open effective global payment system that is not controlled and uses “scrypt” as proof of your effect work. Litcoin is very similar to Bitcoin but faster and effective in different and many ways, and minimizes network latency. Fast can be always good, nobody wants to wait around, especially dealing with money. Litecoin is pretty popular and rank high for their fantastic service and it is trustworthy and its second to Bitcoin, meaning almost twins. For faster service Llitecoin wins and certainly is ranked high for their ongoing great popularity.


2. Zcash

Zcash was launched in the later part of 2016, Zcash claims to provide extra security and protection where all transactions are recorded and published on the blockchain, but such as the sender, the receipt and the remaining amount remain private. Bitcoin is known for its well-known feature over Bitcoin is to ensure you that nobody is cheating or stealing. Zooko Wilcox the Founder and CEO of Zcash, told Investopedia, “Zcash is a new blockchain and cryptocurrency which allows private transactions (and generally private data) in a public blockchain. This allows businesses, consumers, and new apps to control who gets to see the details of their transactions, even while using a global, permission-less blockchain.” Earlier this year, Zcash raised a total amount of 2 million in exchange for equity. If you want safety and protection you may have to select Zcash for your selection. Everybody wants to feel safe while working with money and investing. Trusting a well know site can be the most important option for doing this kind of business. Trust is very important.


3. Ripple

Released in 2012, Ripple has become quite popular Ripple’s currency has a market capitalization of 1.26 billion. Ripple is a massive global settlement network it offers instant, certain access and low cost international payments. Ripple does not require mining, unlike Bitcoin. Since Ripple does not require mining it can also save your computer and reduce the usage of computing power. Ripple is one of the perfect option to start your future investing and your second income.

Comments are closed.