Top 5 Hottest Cryptocurrencies And Their Advantages!
What Is The Best Revenue Business Model Right Now?
The evolving cryptocurrency resolves many business issues and hence it provides best business opportunities for startups and entrepreneurs. Nowadays, particularly cryptocurrency exchange and trading business is the one of the best business opportunity among other businesses.Do you know there are plenty of exchange and trading websites over there offering cryptocurrency exchanges. And many bit coin and cryptocurrency startups also shows their interest to start a cryptocurrency trading and exchange website. Since here the investment for cryptocurrency exchange business is very low, but this business results yield more benefits and more profits to the cryptocurrency lovers.
Okay, lets see about the top cryptocurrencies and their advantages.
Bitcoin
Bitcoin is the most popular cryptocurrency around the world. Bitcoin is the digital currency to use p2p tech based facilitates and instant payments. Bitcoin also user friendly model and everyone can access it easily. Bitcoin was invented by Satoshi Nakamoto in 2009. Nobody owns or controls Bitcoin. It's different features that could not be covered by previously designed payment systems. Bitcoin, the crytocurrency transactions are verified by network nodes and its recorded in a public distributed ledger called the blockchain .
Ethereum
Vitalik Buterian, a Russian programmer created Ethereum ( cryptocurrency ) in 2013. Ethereum is the second most popular cryptocurrency. Ethereum, also known as programmable currency method. Its a type of decentralized programmable block-chain based software platform for such software applications which run exactly as programmed based without any 3rd party involvement. The programming code on the Ethereum blockchain cannot be attacked which is heavy ensured by cryptography. Ethereum is also called as Ether. Ethereum is the business network and Ether is the cryptocurrency.
Litecoin
Charlie Lee, an open source client on GitHub, released Litecoin in 2011 year . Litecoin is a decentralized open-source global payment network method. Litecoin is a p2p internet cryptocurrency. Its one of the most popular cryptocurrencies available at various cryptocurrency wallet in all around the world. Litecoin has fast currency transaction confirmation time equivalent to 2.5 minutes with best storage efficiency. This cryptocurrency enables instant and near 0 cost payments in the world. Litecoin is developed through the process of mining & its currency transactions are recorded on a public ledger. The whole count of litecoins that will come into existence is eighty four millions.
Ripple
Ripple (cryptocurrency) has no public ledger. It was released in 2012. Ripple is built upon a distributed open source internet protocol and enables near free (zero) payments in the world. The company plans ultimately to develop100 billion ripple cryptocurrencies. Half of the amount of ripples which are planned to be released for market circulation, while the other half is planned to be retained by the particular company. It doesn't collect any transaction fees.
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