Steemit Crypto Academy | Season 2: Altcoins – Part1 "Looking beyond the Bitcoin" @eulalia1202

Today alternate currencies or altcoins are yielding very good results because they are currencies that inside have properties that some of the best cryptocurrencies do not have, a great variety of them have unique algorithms and others are not on the blockchain, but in their Most are highly recommended by many for their speed and very good management in the crypto world.

Its beginning was in 2004 as a model for a high-growth alternative currency and was finally founded by Chris Larsen and Jed McCaleb in 2012, a protocol that is characterized by being open source with free software and is based on the peer to prototype. peer, this protocol is created to carry out transactions to the whole world being very fast and at a very low cost. The great goal of ripple is to be an intermediary for most cryptocurrencies to make changes. This currency is not linked to the blockchain network, but works through a consensus algorithm (RPCA), the interesting thing about this protocol is the ability to create your own currency under the ripplenet platform, which you can use through Your interests. This currency has many banks that support the project and the more banks join their support to carry out transactions, this currency will have more volatility and its value will increase.

- The transfer fee is extremely low.

- International transfers are very fast.

- Your objective is to belong to the banks

- It can be acquired through an exchange for any cryptocurrency, and even other assets such as gold and fiat money.

- Investors have total confidence in this cryptocurrency due to its positive track record.

- Has several associated banks to support the project, some of them are Santander, axis back, yes back, westpac, union credit, nbad, ubd.

- It depends on a company for its control, despite having free software, it is not a totally decentralized platform.

- Ripple labs still owns 61% of the coin.

To acquire this cryptocurrency we can do it through any exchange that is linked to this project, such as, coin base, binance, etoro, capital-com, kraken, etc., remembering that each of these exchange houses have their own payment method , either through exchanges for some other cryptocurrency, or simply by debit card or bank transfer or transfer with another type of fiat currency. Remembering that ripple can be used to pay for a wide variety of services online and in online stores, it can also be used in stores if it has the moneygram payment method.

Here we can appreciate the value of the ripple currently, its daily volume and its circulating capitalization.

Ripple is one of the most valuable cryptocurrencies in the world, due to its long history in the market and the great confidence that it transmits for the investor, in my opinion I think that if this currency reaches more banks that support the project and little by little it It is decentralizing more so that it does not depend on a company, this currency may become the most valuable in the world on the one hand, litecoin, which is also an excellent project. Very good topic, the truth is that I liked it and I learned a lot, especially about altcoins.