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Zara Latinkos This is the same mechanism that Bitcoin uses, so just like Bitcoin, Ethereum demands a lot of electricity. Like Ethereum, Cardano has also been developed as a platform for decentralized apps and smart contracts. Litecoin had a great 2017 as its price grew from $4 in January 2017 to $350 in December 2017, giving it a return of over 8000%. Litecoin has been one of the top 10 cryptocurrencies for a long time with a market capitalization of $9.64 billion. January 14, 2021, 1:42 pm, by To ensure the highest level of accuracy & most up-to-date information, BitDegree.org is regularly audited & fact-checked by following strict editorial guidelines. Interpretation of research results and conclusions. Top 10 cryptocurrencies further reading Our site is packed full of free guides, crypto news, jobs, news about This article analyses the top 10 cryptocurrencies by market capitalisation. September 19, 2020, 12:24 pm, by We are tracking new currencies to partner with. This list of the most popular cryptocurrencies should help you in picking the best ones for yourself. The team is able to deliver the best solutions targeted at one particular industry. But since then, it has grown to become the 3rd most valuable cryptocurrency among the other top 10 cryptocurrencies with a market capitalization of $34.12 billion. The biggest issue is that the platform has still not been launched so no one knows for sure how good or bad it actually will be. Unfortunately, after that, we saw a huge correction as the prices of almost all of the top 10 cryptocurrencies crashed and their market capitalization reached a low point of $254 billion at the beginning of April 2018. Note: The above image is from the 2017 December and Bitcoin fees have significantly reduced since then. It is considered as a digital gold in the crypto market. This Coinbase Holiday Deal is special - you can now earn up to $132 by learning about crypto. It serves as a token for the network’s protection from spam. All feedback, either positive or negative, are accepted as long as they’re honest. As you can see in the graph below, the price of Bitcoin Cash has also been experiencing a steady downfall since ay 2018. While the US dollar is the most popular currency in the world, it’s important to keep abreast of the most popular cryptocurrency in the world as the globe goes digital While the world of cryptocurrency is still ruled by Bitcoin, there are other major virtual currencies which are quickly gaining momentum and popularity among crypto enthusiasts. The main advantage over other types is that you don’t have to pay any fees for transactions. People like using it as Bitcoin allows transferring any amount of money by paying a low fee. Required fields are marked *. Aside from their value, these are also some of the most popular cryptocurrencies in the realm. Remember to stay safe. Ethereum. Also, it offers much faster transactions that the platform used by Bitcoin, and you will only need a few seconds before the transfer is finished. Zara Latinkos BCH mining is as expensive as Bitcoin mining but gives lesser returns, so it is not a favorite among the miners. IOTA is betting on the success of another industry — Internet-of-Things, making it's future even more unpredictable than the other top 10 cryptocurrencies. You can both gain knowledge & earn money with Coinbase! Read our guide on Where to Buy Ripple and find out! July 31, 2020, 2:02 pm, by Currently, Ethereum has begun crashing again. Created in 2008, Bitcoin was the first ever cryptocurrency. Cardano intends to bring about Interoperability meaning that it can interact with different cryptocurrencies and their infrastructures in a seamless manner. EOS is much younger than its main rivals, Bitcoin and Ethereum, but many people are interested in investing in EOS because it offers developers the ability to create apps and smart contracts on its blockchain-based platform. Its price grew from $0.0039 in April 2017 to $0.85 in January 2018. Zara Latinkos Browse our collection of the most thorough Crypto Exchange related articles, guides & tutorials. EOS is supposed to be much more scalable than Ethereum because it uses an advanced mechanism (Delegated Proof-of-Stake + Byzantine Fault Tolerance) to verify transactions. July 7, 2020, 9:21 am, Your email address will not be published. We strive to present all the information & pricing as accurately as possible, but we cannot ensure that the data is always up to date. January 18, 2021, 2:10 pm, by Litecoin has one of the most popular cryptocurrencies as it has stood the test of time and has been around for over 7 years. by Cardano is much more scalable than Ethereum with a current capability of 257 transactions per second. Cardano is being considered as the 3rd and most advanced generation of blockchain technology yet (just as EOS and NEO are), making it one of the top 10 cryptocurrencies of 2021. The reason is simple: the Ethereum blockchain enables thousands of projects to develop on top of it. Our first top 10 cryptocurrency is Bitcoin. You can check more details here. August 27, 2020, 12:12 pm, by On the other hand, the platform is still under development, and everyone is waiting to see how efficient this platform is in practice. The first and most widely used decentralized ledger currency, with the highest market capitalization. Cardano was created by Charles Hoskinson, Ethereum’s co-founder, in September 2017. Though the article sheds the light only on 10 most popular cryptocurrencies used by our clients, we are planning to cover other coins and token you would like to accept payments in. Although bitcoin and ethereum tend to dominate the headlines when it comes to investing in cryptocurrencies, there are around 1,500 crypto-assets in circulation, with more added all … This is a very different approach compared to most other top 10 cryptocurrencies where there is no central entity holding the majority of the coins. Zara Latinkos Only authoritative sources like academic associations or journals are used for research references while creating the content. It is important to note, though, that Ethereum is actively working toward a solution for this. Let us know! However, there are potential issues as well, especially with their system. Currently, it holds a price of around $10,000, which, according to many experts, could become much higher over time. The exchange platform (i.e. The main benefits of buying Bitcoin are a simple process of purchase and acceptance from many big corporations. September 22, 2020, 7:52 am As you can see in the snapshot below, BTC grew by almost 2000% in 2017 alone. Also, some bigger companies implemented Ripple in their systems, such as American Express, which represents a great base for further development and availability of this coin. 2011 Litecoin: LTC, Ł Charlie Lee Scrypt: C++: PoW: One of the first cryptocurrencies to use scrypt as a hashing algorithm. Ethereum only supports one coding language — Solidity. EOS token was launched through an ICO in June 2017. Ethereum has a transaction speed of a few seconds against the 10 minutes or more of Bitcoin. Cardano is supported by an academic community of global researchers and scientists contributing to its blockchain development. It is allegedly capable of achieving 10,000-100,000 transactions per second. #5: Bitcoin Cash (BCH) Bitcoin Cash is considered the most important one in altcoins creation because it was one of the primal and successful blockchain technologies than the original bitcoin. Top 5 Tips and Tricks for Enhancing your Career in Marketing – 2021 Guide, Ways to Improve Communication Skills for Interview – 2020 Guide, Your 2020 Guide to Common Case Interview Frameworks, Top 5 Services Your Business Should Be Using in 2020, 5 Benefits of Instagram for Business Marketing – 2020 Guide, How Online Hackathons Can Benefit your Organization? Some signs of growth can be seen as of December 2018, but are they here to stay? It is easy to purchase Bitcoin, even for beginners, as it is supported by all the top exchanges and wallets. As the name suggests, Bitcoin Cash has been forked from Bitcoin itself in 2016. It is used as a form of payment globally. 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