Crypto Coin News – Popular Alt Coins
After the massive success of Bitcoin, there has been so much crypto coin news. This is because investors are searching for alternatives to bitcoin in order to diversify their portfolio. In the crypto space these alternatives are also known as alternative coins, or altcoins.
Bitcoin is a form of digital currency, created and used electronically. Invented by the unknown programmer (Or the group of programmers) Satoshi Nakamoto.
Controlled by no one and produced by their users, bitcoin got the title of the first decentralized digital currency.
Bitcoin for instance is created using software that solves mathematical problems. Many of the altcoins are built with the primary frameworks provided by bitcoins.
Most of them are peer-to-peer, involve mining process and offer efficient and economical ways to carry out their transactions on the web.
Even though bitcoin still heads the virtual currency pack, newer alternatives provide modifications in areas such as transaction speed, privacy, P-o-S (Proof-of-stake) and DNS resolution.
A few of them have gained popularity. One example of this is Litecoin. Crypto Coin news continue to indicate that Litecoin is one of the closest competitors to Bitcoin.
Crypto Coin News – What coin would you recommend for 2018?
When users conduct a Crypto Coin news search they usually find many different recommendations for different altcoins. Here are the coins that are consistently in the news and recommended by seasoned experts in the industry:
Monero is an utterly private currency. It is open-source and accessible to everyone, and users will have control and be responsible for their funds.
It’s main features are security, privacy, and untraceable transactions, giving it an excellent value and a high potential to continue increasing in 2018 as a long-term investment.
Ethereum is one of the best and more stable cryptocurrencies. It has improved the fundraising industry and contributed developing the world of ICOs.
It runs smart contracts and apps exactly the way they have been programmed, avoiding all censorship, fraud, or downtime.
It runs on a custom built blockchain, and it enables developers to create markets, store registries of debts or promises.
Litecoin has continuously risen since 2017, and the creator says he will bring this cryptocurrency even further in 2018.
Known as a peer-to-peer cryptocurrency with open source software project released under the MIT/X11 license, Litecoin is one of the largest, oldest, and most used cryptocurrencies in the world.
Similar to Bitcoin, it uses blockchain technology to process transactions
Dash is an open sourced, privacy-centric digital currency with instant deals. It allows its users to keep their finances private as they make trades without waits.
What increases Dash’s value is the fact that they offer privacy, fees much lower than banks or credit cards, instant payments, advanced encryption and global payments.
TokenPay – Bonus
TokenPay is another coin that many believe will take off in 2018. Currently it is in the ICO phase. The company is offering to match the coins you purchase for the next few days only. Many industry leaders believe this will be an awesome money-maker.
There are plenty of alternatives when it comes to investing in cryptocurrencies. Diversifying and educating yourself is the key to long term wealth.
Do you want to create wealth passively. Many experts believe crypto is the new real estate as it relates to the best place to invest in your future.
More and more businesses are starting to accept cryptocurrencies. Read this article: Celebrities accepting Monero for Music Merchandise.
Now that you have some options will you consider adding one or two of these to your portfolio? Please share below.