Here are the greatest competitors of BitCoin

in #btc7 years ago

Here are the greatest competitors of BitCoin.
Bitcoin, a digital currency unit that has been worth 17 since the beginning of the year, is breaking a record on the record. Is the bitcoin alone? What's the matter with you guys?
Bitcoin's unstoppable rise since the beginning of the year has been in everyone's lately. Bitcoin, which is likened to balloons in technology stocks in the US in 2000, is a currency that will fall in the near future. According to some, they can even find 40,000 dollars before the end of the year. Bitcoin is not alone in transforming into such a favorite virtual currency. Business Insider news site compiled Bitcoin's five competitors with over $ 5 billion in market value: Ethereum (ETH) Developed by blockchain technology like Bitcoin, Ethereum was created by Vitalik Buterin in 2014 to further decentralize the digital currency. Etherum is an open decentralized software platform, used to pay for and transfer money transfer fees. Ethereum, which has a market value of $ 45.5 billion, is trading at around $ 442. Ripple (XRP) Ripple, which had previously been used by BitCoin developers in California in 2012, is the most likely successor to BitCoin, according to some experts quoted by the New York Times. It is already being used by many banks as a payment and money transfer system. Unlike Biitcoin, Ripple is a system where any currency can be transferred or traded. Ripple, which has a market value of $ 9.82 billion, is trading at $ 0.25. IOTA (MIOTA) IOTA is the new player in the crowded digital currency field. IOTA, which is not based on the block chain network, is based on an alternative distributor system called Tangle. This new digital currency, cooperating with Microsoft, Fujitsu and others, defines itself as the first marketplace in the 'internet of objects' field. IOTA, which has a market value of 6.75 billion dollars, is trading at 2.43 dollars. Dash (DASH) Dash was named Dash in January 2014 before it hit the spot, inspired by XCoin (XCO), then Darkcoin, and finally 'digital coin'. Dash is separated from his opponents by placing importance on privacy and anonymizing money transfers. Dash, which has a market value of $ 6 billion, is trading at $ 777. Litecoin (LTC) Litecoin, the work of a Googler, is described as silver compared to the bitcoin's golden color. That's why it's cheaper and more accessible. It was established in 2011 with a system that performs faster than BitCo. Litecoin, which has a market value of 5.47 billion dollars, is trading at 101 dollars.5a2dfea10f254413a423e8d0.png

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