Use cases for Bitcoin, Ripple, and Ethereum

in #top5 years ago

With Bitcoin, Ripple, and Ethereum are the top 3 market caps based on, here is a great article explaining their use cases:

Bitcoin : A decentralized digital "store" of value ( it is worth something ), that no government or central body has direct control on. ➾Use cases: { digital store of wealth }

Ripple XRP : A transaction based cryptocurrency designed to unlock IOV (Internet of value). It enables congestion free global value movement & extends ultra-low transaction cost to payments of all sizes (micro & macro) - in near real time. ➾Use cases : { Payments, Remittances, Forex, Trades Settlements, Banking Platforms (some have dubbed this Fintech 2.0), exchanges, Next-gen Trading platforms, Ultra-low cost real-time money/IOU movement, Domestic and International transfer services, Complex trust and intermediary channels, Real time global pay outs etc. }

Ethereum : A contract based cryptocurrency, where execution of contract code is guaranteed (Code is law). ➾Use cases : { Casino, coupons, shopping vouchers, game and prize exchanges, lotto and lotteries, hotel reservations, service vouchers, loyalty card & points, short term insurance contracts, enterprise contracts base settlement etc..}

Please share your insights.


Hi simav7! How do you see the role of the Steem currency in relation to all the other cryptocurrencies and blockchain systems out there? I guess you chose to sign up on Steemit because you believe in it, but I am curious to know why?

It is a blood bath out there on the market with almost red every where on Does that shake your belief in Steem and all the other cryptos out there?

Thank you and I hope you will find time to give your honest opinion

Congratulations @simav7! You received a personal award!

Happy Birthday! - You are on the Steem blockchain for 2 years!

Click here to view your Board

Do not miss the last post from @steemitboard:

Carnival Challenge - Collect badge and win 5 STEEM
Vote for @Steemitboard as a witness and get one more award and increased upvotes!

Congratulations @simav7! You received a personal award!

Happy Birthday! - You are on the Steem blockchain for 3 years!

You can view your badges on your Steem Board and compare to others on the Steem Ranking

Vote for @Steemitboard as a witness to get one more award and increased upvotes!

Coin Marketplace

STEEM 0.23
TRX 0.07
JST 0.030
BTC 21432.64
ETH 1242.64
USDT 1.00
SBD 3.23