Top 5 digital currencies in the world other than Bitcoin

Eight years ago, the world witnessed the entry of the first digital currency, the Betquin. It was invented by an unknown developer, known by the pseudonym - Satoshi Nakamoto. Thanks to the use of modern ceramics and blockbuster technology, it has become possible to convert digital currencies at lightning speed into consumer goods.

Moreover, digital currencies do not only give you anonymous transactions, but can be sent anywhere in the world with minimal fees. This allows people to interact directly with each other over the Internet, that is, unlike the paper currency that must pass through a third party - usually a financial institution - which leads you to pay the transfer fee.

The problem is that if they are lost or stolen, users will not be able to recover their money. This makes the digital currency much like cash. In order to protect your digital currency, it is highly recommended to store it in an offline wallet or paper wallet. But wait a moment ... Are there major digital currencies in the world? Of course there. There are five of the highest value digital coins after Betquin according to their prices and market value:

Ethereum
Ripple
Linate Queen "Litecoin"
Dash "Dash"
NEM ".
The following describes these five digital currencies.

1 - Ethereum

Current currency price: $ 773.77

Market cap: 75, 873, 272, 532 USD

Like other alternative digital currencies, etherium is a decentralized platform but designed to run smart contracts. Given its launch in 2015 as an open software platform based on plucin technology, it allows developers to build and deploy decentralized applications. The currency is distributed through the public network of balkin, such as Betquin, but in contrast to the Betquin network, which is rewarded with two coins in the coin, the miners work on the etherium platform to collect the ether. This is a type of primary digital currency that is designed to support the network, which is used to settle transaction fees and services on the ethernet network.

2- Ripple:

Current price: $ 0.88

Market cap: 34, 675, 151, 978 USD

The name of the Ripple refers to a distributed financial technology that will allow users to send payments in real time across networks. It works similarly to digital currencies such as Bitquin and Light Quinn, while its platform works with banks and allows money to be sent and thus support the growing economy. The Ripel was issued in 2012, and its structure has not required any mining since. This reduced the use of computing power and reduced the network response time. She also believes in the following belief: "Value distribution is a powerful way to stimulate some behaviors."

3 - Lait Queen

Current price: $ 187.64

The market value: 10, 420, 561, 095 dollars

This digital currency is based on peer to peer and allows users to make instant payments with other users from around the world. As an open-source software project released under the MIT / X11 license, it can be effectively replicated through home consumer devices. It was developed by Charles Lee, a former Google engineer.

The currency is based on the technology of the plocin, making it completely centralized without any central authorities. The calculations were used to secure networks as well as empower individuals to control their money. In addition, the digital currency has faster transaction authentication times and improved storage efficiency, making it one of the best available digital currencies. Currently, the two minerals are rewarded with about 25 new quarts per block. This total falls by about half every 4 years, or 840,000.

4 - Dash

Current price: $ 530.24

Market cap: 4, 206, 602, 568 USD

Dash is a revolutionary digital financial system that was launched in 2014. Its network has grown to 4,1000 key nodes making it one of the largest peer-to-peer networks. As a result of further contract, the platform was able to provide more end-user capacity as well as secure services. According to Dash, the two minerals are rewarded for securing the plocene and the main contract, and they are also rewarded for documenting, storing and serving the plocene for the users. What you should know here is that the main nodes represent a new layer of network servers. It was designed to secure conglomerates known as "Quorums". This allows immediate transactions, more privacy and management.

5 - Neem

Current price: $ 0.35

Market value: 3, 188, 277, 000 dollars

The Neem currency was launched in 2015 as a peer-to-peer digital currency, written in Java. Since its establishment, NIM has set a target for a broad distribution model. New features have been introduced with remarkable development. These features have the advantage of proving the importance of multi-signature accounts and encrypted messages, as well as the "Eigentrust ++" system. At present, the software is combined with a commercial polycchin called Mijin. The platform is currently being tested by financial institutions and companies in Japan and around the world.

Final thoughts

You must now know that Bitquin controls the entire digital currency market at $ 10.125 (at the time of writing) and has a market value of $ 171,186,877,902.

Let's face it, digital currencies offer an alternative form of investment. If you are looking for a greater investment opportunity, digital currencies are the best assets for you.