TOP TEN LIST OF CRYPTOCURRENCY 2017 (2)
- Monero
Launched in 2014, this cryptocurrency has put its focus on privacy and decentralization. It is crowd funded and donation based.
Based on ‘CryptoNote’ protocol, Monero offers many privacy features which are not available in other cryptocurrencies.
Moreover, it is almost impossible to trace any transactions or the number of funds an address holds.
- NEM
Launched in 2014, it is the first hybrid public/private blockchain solution which is built from absolutely nothing.
Though the market value of NEM is the lowest, its mining capacity can reach a whopping 9 billion which will certainly help NEM to defeat most of its rivals.
- Bitcoin Cash
Bitcoin cash was launched in August 2017. It was created to put an end to the limitation of Bitcoin which is ‘scalability.
Bitcoin transactions took a relatively long time to get processed but this has been taken care of Bitcoin cash. Also, the block size for bitcoin cash has been increased to 8 MB.
So, if you missed the opportunity to grab bitcoin early you can go for Bitcoin cash as it is still below $1000.
- ZCASH (ZEC)
Zcash, launched in 2016 is the first open financial system that doesn’t require any permissions plus it employs zero-knowledge security.
This means that there are strong privacy protections offered to your transactions while dealing in Zcash. It acts as a secure transport layer.
- IOTA
The thing which brings IOTA to this list is the Tangle, which is a block less distributed ledger. It is also scalable and light-weight.
All these features make it possible for a transaction made in IOTA get settled without levying any kind of fees in a decentralized and self-regulating peer-to-peer network.
Current data and statistics clearly indicate that cryptocurrency will soon emerge as the vital part of the world’s economy. The foundations have already been laid, therefore the sooner anyone makes an investment, the better & bigger the chances are there that anyone will gain profits.
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