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Top Cryptocurrency Choices to look out in 2018

Top Cryptocurrency Choices to look out in 2018

This article was originally posted on Ethereum World News – an independent news provider covereing Ethereum, Bitcoin, Ripple, Litecoin dApps, start-off ICO’s and the whole Blockchain Ecosystem. For more follow the link below.

Cryptocurrencies have made it to the headlines in newspapers as the end of 2017 is approaching. For us, this year has been a defining one. We have been hale to help hundreds of crypto investors with their portfolios. Our successful altcoin calls over the years include some of cryptocurrency’s biggest movers, including $TRX, $DGB, $ZCL, $ICX, $NXT, $SALT, $FUEL, $LINK, $TNT, $BNB, $ICX and many many more.

With a lot more first-time investors entering the fray, we get two main questions – which cryptos to invest in and which platform to buy from. We have already answered the latter in one of our previous blogs, and if you’re just getting started, here’s your answer for top crypto coins to invest in this 2018 –

1. Bitcoin

Needless to say, this tops our list. Created by Satoshi Nakamoto, this cryptocurrency was the first in the market and has far surpassed the expectations of investors.  It is available on most of the exchanges.

2.  Ethereum

Ethereum is an open source development platform that allows developers to build and deploy decentralized apps (dapps). A lot of popular projects are launched using the Ethereum blockchain. The platform uses Ether as its token.

3. Bitcoin Cash

Forked off Bitcoin in August this year, the fork allows more transactions to be processed because of increased block size i.e. 8 MB. It also offers replay and wipeout protection.

4. Litecoin

If Bitcoin is gold, then Litecoin is silver. It is also a fork of Bitcoin by Charlie Lee. Along with others, this currency has risen as well during the month of December and is currently the fourth largest cryptocurrency. The creator, Charlie has however sold all his Litecoin.

5. Ripple

Ripple is an open source digital payment network which is also used by banks such as the bank of Tokyo. Call it the ripple effect, Ripple’s cryptocurrency, XRP has risen a lot as well. The network is extremely fast and payments in XRP take 4 seconds.

6. IOTA

It is a cryptocurrency designed for the Internet of Things (IoT). There is no concept of block or blockchain and thus no concept of mining. This also means there are no transaction fees. It uses a different data structure, tangle, which is based on a directed acyclic graph.

7. Cardano

The project aims to establish a smart contract platform which focuses on more advanced features. The team also plans to build a wallet capable of running decentralized apps on the blockchain. The total supply will be fixed at a total of 31 billion tokens.

8. EOS

It is a blockchain based decentralized operating system which will enable businesses to build blockchain applications in a way similar to web-based applications. Elimination of transaction fees and scalability are two major features of the software.

9. Monero

Monero is an open source cryptocurrency that has a focus on privacy, decentralization, and scalability. It uses cryptography to shield sending and receiving addresses, as well as transacted amounts.  There was even news that websites are using users’ CPU powers to mine Monero.

10. NEO

Formerly known as Antshares, it is often called the Ethereum of China. It is very much like Ethereum but it also supports decentralized commerce, identification, and digitalization of assets. It also closes loopholes that have caused Ether contracts to be vulnerable to hackers.

Read more:https://cryptonewsmonitor.com/2017/12/31/top-cryptocurrency-choices-to-look-out-in-2018/

 

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