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The 10 Most Important Cryptocurrencies Other Than Bitcoin

WikiFX
| 2021-01-12 16:00

Abstract:The 10 Most Important Cryptocurrencies Other Than Bitcoin

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1. Ethereum (ETH)

    Ethereum is a decentralized software platform that enables Smart Contracts and Decentralized Applications (DApps) to be built and run without any downtime, fraud, control, or interference from a third party.

    2. Ripple (XRP)

    Ripple is a real-time global settlement network that offers instant, certain and low-cost international payments.

    3. Litecoin (LTC)

    Litecoin is like bitcoin in many ways, but it has a faster block generation rate and hence offers a faster transaction confirmation time.

    4. Tether (USDT)

    Tether was one of the first and most popular of a group of so-called stablecoins, cryptocurrencies which aim to peg their market value to a currency or other external reference point so as to reduce volatility.

    5. Bitcoin Cash (BCH)

    BCH is one of the earliest and most successful hard forks of the original bitcoin.

    6. Libra (LIBRA)

    Facebook released the white paper for Libra in 2019. It's Facebook's own cryptocurrency.

    7. Monero (XMR)

    Monero is a secure, private and untraceable currency.

    8. EOS (EOS)

    The idea of EOS is that the network will be more democratic and decentralized than those of other cryptocurrencies. As of Jan. 8, 2020, EOS had a market cap of $2.7 billion.

    9. Bitcoin SV (BSV)

    BSV is a fork of a fork of the original Bitcoin network. As of Jan. 8, 2020, BSV had a market cap of $2.1 billion.

    10. Binance Coin (BNB)

    Binance Coin (BNB) is the official token of the Binance cryptocurrency exchange platform.

Cryptocurrencies

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Cryptocurrencies are the latest buzzword in the industry and many believe that they are the future. The technologies used in cryptocurrency transactions can make all kinds of financial transactions very secure and reduce the number of fraudulent interactions. Cryptocurrencies are still an unfamiliar concept for many prospective investors and business owners. Most are intimidated by this concept and have a limited understanding of its potential. Here’s a brief look at cryptocurrencies:

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