LIST OF 10 MOST POPULAR DIGITAL CURRENCY IN THE WORLD.

in #bitcoin7 years ago

LIST OF 10 MOST POPULAR DIGITAL CURRENCY IN THE WORLD.

Digital currencies are the payment methods for the future. The currencies are changing business, money and the world.
The following are the list of 10 Most Popular Digital Currencies in today's World.

  1. Ethereum

Ethereum is a decentralized computing platform that features smart contract functionality. It offers the Ethereum Virtual Machine (EVM), a decentralized virtual machine that executes peer-to-peer contracts using a cryptocurrency known as ether. The Ethereum platform allows multiple uses concerning smart contracts. With Ethereum, you can safely do business with a person you don’t know; because all terms are spelled out in a “smart contract” entrenched in the blockchain.

  1. Ripple

Ripple is a real-time currency exchange, remittance network, and settlement system. It offers instant, certain, low-cost international payments. Also known as Ripple protocol or the Ripple Transaction Protocol (RTXP), it is built upon a decentralized open source Internet protocol and native currency referred to as XRP (ripples). Bases around public ledger, Ripple uses a consensus process to all exchange, remittance and payments in distributed process.

  1. Litecoin

Litecoin is a peer-to-peer cryptocurrency released under the MIT/X11 license. The currency is Inspired by and technically almost identical to bitcoin. Litecoin formation and transfer is based on an open source protocol.

  1. Dash

Dash, formally called Darkcoin is a more secretive form of Bitcoin. It provides more privacy as it operates on a distributed mastercode network that makes dealings nearly untraceable. Launched in 2014, the currency has an increasing fan. Created and developed by Evan Duffield, this cryptocurrency according to Fernando Gutierrez from DASH dot org, has X11 ASICs that presently mine Dash and CPU mining is not profitable anymore since a while ago.

  1. Peercoin

Also known as PPCoin, Peercoin was created by software developers Scott Nadal and Sunny King. Lunched in 2012, it was the first digital currency to use a combination of proof-of-work and proof-of-stake. At first, the coins are mined using the proof-of-work hashing process. Over time, as the hashing difficulty increases, the users are rewarded coins using the proof-of-stake algorithm that requires minimal energy to generate blocks.

  1. Dogecoin

Launched in 2013, Dogecoin is largely based on the Bitcoin protocol, but with some modifications. The currency uses the technology of scrypt as a proof-of-work scheme. Its block time is 60 seconds. There is no limit to the number of Dogecoin that can be produced. The digital currency deals with many coins that are lesser in value individually. Therefore, it has low entry barrier and good for carrying out smaller transactions.

  1. Primecoin

Primecoin was developed by Sunny King. Its proof-of-work is built on prime numbers, and therefore, different from the common system of hashcash utilized by many cryptocurrencies built on the Bitcoin framework. The currency involves finding distinctive long chains of prime numbers and provides greater mining ease and security to the network.

  1. Chinacoin

Chinacoin is a litecoin-based digital currency that uses the scrypt password-based key derivation function. At the moment, It’s generated in 60-second blocks with an about 88 coins per block.

  1. Swiscoin

The SCN SERVICES LTD is the company who has launched the SWISCOIN as an official from DUBAI. It has been registered from DUBAI as the DUBAI is the Business hub for corporate and it is the center point for global reach. It has started for support and services for SWISCOIN which has been developed by Swistech organization, it is the first company who has started for the services and support for the crypto currency . Our ambition is to become a Tier 1 company & the preferred global crypto currency. This ambition is directly supported by our brand strategy. We define our own category & positioning within crypto market to differentiate us from our competitors. On April 2016, SCN SERVICES LTD announced the project of services to become a leader of integrated communication solutions. With this acquisition SCN SERVICES LTD intends to create a unique integrated proposition for unified communications and real time capabilities enhancing social collaboration, digital transformation, and business performance of its clients.

  1. Bitcoin

Bitcoin is a digital currency created by the mysterious Satoshi Nakamoto. Like other currencies, bitcoin can be used to buy items locally and electronically. As a new user, you can use Bitcoin without understanding all its technical details. Once you install a Bitcoin wallet on your mobile phone or computer, it will generate the first Bitcoin address and you can generate more whenever you need them. After creating bitcoins, you can use them for all types of real transactions

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