Top 5 Cryptocurrency that will make you Rich in 2018

in #cryptocurrency6 years ago

Hi guys how are you ? i hope you are fine . today we are going to talk about 5 cryptocurruency i strongly believe that will make you rich in 2018 so lets get started :

1. Ripple (XRP)

As investors worry about a cryptocurrency correction with bitcoin falling a third in value after reaching record highs, digital currency advocates are touting another "coin": Ripple, or XRP.

The team behind it seek to convert funds in any currency or cryptocurrency to another form of currency in mere seconds. This will mainly take place through institutions, and not via retail transactions like PayPal. It is the fourth-largest cryptocurrency in the world by market capital, which now stands at around $43 billion.

The price of Ripple's XRP token broke through the one dollar barrier to hit $1.37 on Dec. 26. At the time of writing, its value had dipped back below a dollar to $0.98. But crossing the dollar line was significant.

2. Ethereum (ETH)

Before you can understand ethereum, it helps to first understand the internet.

Today, our personal data, passwords and financial information are all largely stored on other people's computers – in clouds and servers owned by companies like Amazon, Facebook or Google. Even this CoinDesk article is stored on a server controlled by a company that charges to hold this data should it be called upon.

This setup has a number of conveniences, as these companies deploy teams of specialists to help store and secure this data, and remove the costs that come with hosting and uptime.

But with this convenience, there is also vulnerability. As we've learned, a hacker or a government can gain unwelcome access to your files without your knowledge, by influencing or attacking a third-party service – meaning they can steal, leak or change important information.

Brian Behlendorf, creator of the Apache Web Server, has gone so far as to label this centralized design the "original sin" of the Internet. Some like Behlendorf argue the Internet was always meant to be decentralized, and a splintered movement has sprung up around using new tools, including blockchain technology, to help achieve this goal.

Ethereum is one of the newest technologies to join this movement.

While bitcoin aims to disrupt PayPal and online banking, ethereum has the goal of using a blockchain to replace internet third parties — those that store data, transfer mortgages and keep track of complex financial instruments.

3. Monero (XMR)

Monero is an open-source, privacy-oriented cryptocurrency that was launched in April 2014. The developers involved introduced this innovative cryptocurrency without setting aside any for themselves, and the team has relied on donations and the broader community to further development.

Monero leverages ring signatures and stealth addresses to obscure the identity of senders and recipients. Ring signatures combine or 'mix' a user's account keys with public keys obtained from monero's blockchain to create a 'ring' of possible signers, meaning outside observers cannot link a signature to a specific user.

4. LiteCoin (LTC)

Litecoin is based on the same open source code behind bitcoin, with some notable differences. Created by engineer Charlie Lee to be the silver to bitcoin's gold, one of the main disparities between the two cryptocurrencies lies in their transaction speeds.

Because it generates blocks about four times faster than bitcoin, litecoin can confirm the legitimacy of transactions a lot quicker as well as process a much higher number of them over the same time frame.

5. Zcash (ZEC)

is a cryptocurrency aimed at using cryptography to provide enhanced privacy for its users compared to other cryptocurrencies such as Bitcoin. ... Zcash payments are published on a public blockchain, but users are able to use an optional privacy feature to conceal the sender, recipient, and amount being transacted.

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