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Poll: What is cryptocurrency‘s competition besides the top five cryptocurrency coins?
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The reason why the top five are typically chosen by users is because of higher value as well as name recognition.
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1 50.00%
A cryptocurrency’s reputation is just as important as their encryption methods as its value can rise and fall based on the public’s perception.
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1 50.00%
Total 2 vote(s) 100%
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What is cryptocurrency‘s top five list? Here are the most successful and trusted name

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#1
[Image: sample-bitcoin.png]BITCOIN
[img=100x0]https://www.incomeninjas.com/wp-content/uploads/2019/03/sample-bitcoin.png[/img]

[Image: sample-ethereum.png]ETHEREUM COIN
LITECOIN[Image: sample-litecoin.png]


[Image: sample-ripple.png]
RIPPLE
[Image: sample-monero.png]monera





What is Bitcoin?
 
The first successful cryptocurrency in existence, founded in 2009, Bitcoin has a mysterious beginning but continues to retain value because of its expert encryption methods, which allow for time-scheduled generation process of new Bitcoins. Bitcoin can be exchanged for fiat currency, or a user can buy products and services online.
With nearly six million wallet users, it’s the most successful system.
What is Ethereum?
Ethereum, devised in 2013, is cryptocurrency generated by its own software platform called the Ethereum Virtual Machine. Ether units can be be bought and transmitted from user to user internationally. Started in 2013 by programmer Vitalik Buterin, 72 million coins were pre-mined at the outset.
Ethereum recently split into two separate blockchains, Ethereum and Ethereum Classic. Though the value is less than Bitcoin it’s becoming comparable, at one point reaching $1,400 per ether. As of late 2018, the price is below $200 per ether.
What is Litecoin?
 
Litecoin is similar to Bitcoin, ’and is s actually considered a spin-off. It began in 2011,. Major differences between the two cryptocurrencies include faster transaction processing than Bitcoins, (2.5 minutes compared to ten) and a different algorithm in the proof of work step. The price of one coin is also far less in value than a Bitcoin. As of late 2018 it is less than $50.
 
What is Ripple?
 
Ripple is not only a system but a network and a company that provides digital currency. Founded in 2012, it offers global financial transactions and also has a public ledger like other systems. It can also be mined, of course. While there is a centralized Ripple company, the network can still operate without the company’s direct involvement, thereby creating decentralized cryptocurrency.
ecause of its transparency, some banks and companies use Ripple whereas they wouldn’t use Bitcoins. As of late 2018, Ripple price was just under 50 cents USD.
What is Monero?
Monero is decentralized cryptocurrency as well but all transactions, including mining and amounts traded, are kept private from outside viewers. It has privacy and decentralization features comparable to Bitcoin and in the case of hidden balances, even greater than Bitcoin
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#2
Great post
Reply
#3
(10-19-2019 11:26 AM)njiahderick Wrote:
[Image: sample-bitcoin.png]BITCOIN
[img=100x0]https://www.incomeninjas.com/wp-content/uploads/2019/03/sample-bitcoin.png[/img]

[Image: sample-ethereum.png]ETHEREUM COIN
LITECOIN[Image: sample-litecoin.png]


[Image: sample-ripple.png]
RIPPLE
[Image: sample-monero.png]monera





What is Bitcoin?
 
The first successful cryptocurrency in existence, founded in 2009, Bitcoin has a mysterious beginning but continues to retain value because of its expert encryption methods, which allow for time-scheduled generation process of new Bitcoins. Bitcoin can be exchanged for fiat currency, or a user can buy products and services online.
With nearly six million wallet users, it’s the most successful system.
What is Ethereum?
Ethereum, devised in 2013, is cryptocurrency generated by its own software platform called the Ethereum Virtual Machine. Ether units can be be bought and transmitted from user to user internationally. Started in 2013 by programmer Vitalik Buterin, 72 million coins were pre-mined at the outset.
Ethereum recently split into two separate blockchains, Ethereum and Ethereum Classic. Though the value is less than Bitcoin it’s becoming comparable, at one point reaching $1,400 per ether. As of late 2018, the price is below $200 per ether.
What is Litecoin?
 
Litecoin is similar to Bitcoin, ’and is s actually considered a spin-off. It began in 2011,. Major differences between the two cryptocurrencies include faster transaction processing than Bitcoins, (2.5 minutes compared to ten) and a different algorithm in the proof of work step. The price of one coin is also far less in value than a Bitcoin. As of late 2018 it is less than $50.
 
What is Ripple?
 
Ripple is not only a system but a network and a company that provides digital currency. Founded in 2012, it offers global financial transactions and also has a public ledger like other systems. It can also be mined, of course. While there is a centralized Ripple company, the network can still operate without the company’s direct involvement, thereby creating decentralized cryptocurrency.
ecause of its transparency, some banks and companies use Ripple whereas they wouldn’t use Bitcoins. As of late 2018, Ripple price was just under 50 cents USD.
What is Monero?
Monero is decentralized cryptocurrency as well but all transactions, including mining and amounts traded, are kept private from outside viewers. It has privacy and decentralization features comparable to Bitcoin and in the case of hidden balances, even greater than Bitcoin
Good story
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