Most profitable CRYPTOCURRENCIES (TOP 3)
There are more than 600 different Cryptocurrencies in the worl. Total maket cap of all of them is 200.013.790.941$.
BITCOIN (BTC)
The most profitable, is by far, the Bitcoin, with the market cap of 134.019.338.016$. Current price is 7.410,47 dollars per one Bitcoin.
Bitcoin (BTC) is a consensus network that enables a new payment system and a completely digital currency. Powered by its users, it is a peer to peer payment network that requires no central authority to operate. On October 31st, 2008, an individual or group of individuals operating under the pseudonym "Satoshi Nakamoto" published the Bitcoin Whitepaper and described it as: "a purely peer-to-peer version of electronic cash, which would allow online payments to be sent directly from one party to another without going through a financial institution."
ETHEREUM (ETH)
Next one is Ethereum with its market cap reaching 16.119.403.753 dollars wich is twellve times less than the Bitcoin, and its current price is 148,14 dollars.
Ethereum (ETH) is a smart contract platform that enables developers to build decentralized applications (dapps) conceptualized by Vitalik Buterin in 2013. ETH is the native currency for the Ethereum platform and also works as the transaction fees to miners on the Ethereum network.
Ethereum is the pioneer for blockchain based smart contracts. When running on the blockchain a smart contract becomes like a self-operating computer program that automatically executes when specific conditions are met. On the blockchain, smart contracts allow for code to be run exactly as programmed without any possibility of downtime, censorship, fraud or third-party interference. It can facilitate the exchange of money, content, property, shares, or anything of value. The Ethereum network went live on July 30th, 2015 with 72 million Ethereum premined.
XRP
XPR is the third one on the list with its market cap of 9.595.763.240 dollars and for the one XRP you would have to pay the price of 0,221685 $.
XRP is an independent digital asset that is native to the XRP Ledger. With governance and fast transaction confirmations, XRP is said to be the most efficient settlement option for financial institutions and liquidity providers seeking global reach, accessibility, and fast settlement finality for interbank flows.
According to Ripple, those who use the digital asset XRP to source liquidity can reportedly do so in seconds. The team at Ripple hopes to enable the world to move value like it already moves information on the web today.
Check out my other post for more informations on this topic!