Which is better? | Future of Money | Invisible Money | Cryptocurrency : Various Digital Currency


Cryptocurrency

The more we are getting into the visible world, the currency is getting invisible. The countries in the world are competing with Cryptocurrency(Digital currency).

Hence it is important to rank the relative Cryptocurrency to do market analysis.

Some of the other Cryptocurrencies(alternative to Bitcoin)

China's Next Plan | Most Powerful ðŸ‘‰Link

Ethereum(ETH)

  • Decentralized software platform and Decentralized Application, tokens, and smart contracts.
  • Users can built dApps on their own but for transactions, they need Ether because it runs on Ethereum Block-chain.
  • Ethereum can process transactions in a few minutes but Bitcoins transactions take up to 10 minutes.
  • The Market cap as Jan 2020 is $15.6 billion.

 


Ripple(XRP)

  • It is an open-source, permissionless, and decentralized blockchain technology that can finish transactions in 3-5 sec.
  • Quick bridging between two different currencies efficiently.
  • Faster, less costly more scalable than other digital assets.
  • Uses innovative technology across the payments space.
  • Faster transactions across borders, lower exchange fees, and more efficient.
  • The Market cap as Jan 2020 is $9.2 billion.

 

Litecoin (LTC)

  • Litecoin states that “Litecoin is a powerful, political and economical tool which anyone, anywhere can use without permission to transact with anyone else in the world and partake in a genuinely global economy.”
  • Decentralized money, free from censorship, open to all.
  • Transactions across borders to anyone, anywhere, anytime.
  • Blockchain secured.

 

Tether (USDT)

  • Stable currency- convert to any digital currency
  • 100% Backed- 100% reserves, which include traditional currency and cash equivalent.
  • Transparent- value of reserves in published daily.
  • Blockchain Technology- Top of open blockchain technology, highly secured.
  • Secure- World-class blockchain technology
  • The Market cap as Jan 2020 is $4.6 billion.

 


Bitcoin Cash (BCH)

  • Peer-to-Peer Electronic money transaction
  • Low fees and reliable
  • Unrestricted growth, global adoption permissionless innovation.
  • Simple, faster and secure.
  • The Market cap as Jan 2020 is $4.4 billion.

 


Libra (LIBRA)

  • Scalable – Open-source libra protocol, vibrant community of developers building secure payment
  • Fast - Libra transactions are quick and easy, no matter where you are sending, or spending, your money.
  • Low fees and reliable

 

Monero (XMR)

  • Decentralized and more secure digital transactions.
  • It uses ring signature, ring confidential transactions, stealth addresses.
  • It is untraceable

 

EOS (EOS)

  • Flexible
  • Scalable- secure processing.
  • User-friendly
  • Simple, faster and secure.
  • The Market cap as Jan 2020 is $2.7 billion.



Bitcoin SV (BSV)

  • It restores the original Bitcoin protocol, will keep it stable, and allow it to massively scale.
  • Peer-to-Peer Electronic Cash System
  • The Market cap as Jan 2020 is $2.1 billion.

 

Binance Coin (BNB)

  • Binance Coin (or BNB) was created by Binance in 2017 as its utility token for discounted trading fees
  • These coins are used to pay for travel expenses, to buy virtual gifts.
  • The Market cap as Jan 2020 is $2.3 billion.


China's Next Plan | Most Powerful ðŸ‘‰Link

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