Altcoin
Altcoin is the name of all cryptocurrency except Bitcoin. The first altcoins appeared in 2011. Their aim was to overcome all technical limitations that Bitcoin had. As of the beginning of December 2017, there are over one thousand altcoins existing in the world. The best alt coins have various prices from 0.01 USD till thousands of dollars.
Technical features
Many of altcoins are built on the basic structure, provided by the Bitcoin block chain, i.e., they are in fact its forks. So, the majority of altcoins are single ranked, include mining process and offer effective and cheap ways to carry out transactions over the Internet.
The best altcoins
The cryptocurrency, created in the Ethereum block chain. Ethereum is second by capitalization after Bitcoin, as well as has been second by the rate price of one coin for a long time. Ethereum was developed in 2015 as a platform for the creation of smart contracts. Today, the major part of all ICOs are conducted on this platform.
A fork of Bitcoin, released on August 1, 2017. Unlike Bitcoin, it has a block with the size of 8 Mb. It showed a rapid growth in November, as of December one coin costs over $1500.
One of the first altcoins, released in 2011. It has no fundamental differences from Bitcoin. At the same time, transactions in block chain go faster.
The cryptocurrency with an additional level of encryption. It is the most popular payment method in the Darknet, which is why it is often criticized, blamed for serving criminal actions
Another altcoin, aimed at anonymity. Has been existed since January 2014.
A platform for payment systems oriented on currency exchange operations. The Ripple protocol, developed by the company of the same name in 2012, is popular in the banking sector.
Altcoin, serving the block chain, which is targeted on serving transactions in the framework of the Internet of Things.
Comments: 9
Thank you this method worked after I followed step 1 to the end. Faustine Nikolaus Ming
Hello, after reading this awesome piece of writing i am also happy to share my familiarity here with friends. Lizabeth Erie Schach
Very interesting topic , thankyou for putting up. “Nothing great was ever achieved without enthusiasm.” by George Ellis. Arleyne Arlan Huoh
I was reading through some of your content on this internet site and I conceive this internet site is rattling informative! Retain putting up. Tonya Alwyn Milt
Thanks to my father who told me about this blog, this webpage is genuinely awesome. Jessie Horton Teodora
Way cool! Some extremely valid points! I appreciate you writing this article plus the rest of the website is also very good. Dionis Delmor Hurwitz
Hi there friends, nice article and good urging commented here, I am genuinely enjoying by these. Robbie Miltie Narcissus
Thank you for sharing your info. I truly appreciate your efforts and I will be waiting for your further post thanks once again. Gayla Gaylord Abrahan
Thank you ever so for you article post. Thanks Again. Fantastic. Misti Leonardo Kryska