The talk of cryptocurrencies has spread like wildfire all over the world as the internet payments have been accepted by many companies. Cryptocurrency is trending payment and investment asset just like how people invest in mutual funds, real estate, market shares, silver, and gold nowadays.
In this educational piece, we will go over the top 8 cryptocurrency picks for 2018. We will look into the upcoming year’s potential.
Source : http://bitemycoin.com
Best Cryptocurrencies 2018
1. Bitcoin (BTC)
In 2017, Bitcoin has risen in value 1,000% year-to-date. A fruitful year made this cryptocurrency an attractive asset for the financial institutions and governmental organizations all over the world.
Many governments have been wary about this and other cryptocurrencies, it seems like nothing can stop Bitcoin. Several industry insiders believe that Bitcoin is here to stay, with numbers of examples of Bitcoin adoption throughout the world.
Source : http://bitcoin.com
2. Ethereum (ETH)
The Ethereum co-founder, Vitalik Buterin, has recently become one of the 50 most influential people according to Bloomberg ranking. He had shared some upcoming plans for Ethereum with the public, which are sure to contribute to the overall development of the cryptocurrency in the upcoming year. Notably, Ethereum has surpassed Bitcoin in terms of the number of transactions.
Source : http://influencive.com
3. Litecoin (LTC)
Litecoin appears to be one of the best alternatives to Bitcoin. Its purpose was to manage flaws in bitcoin protocol. In fact, Litecoin is one of the very first altcoins in existence after Bitcoin.
Litecoin was introduced in 2011, while it is almost identical to Bitcoin in terms of features. The value of this coin is derived from the user adoption. There is also a difference in leadership for the firms, as well. The creator of Litecoin, ex-Google employee, Charlie Lee is entirely transparent about what is he doing with the currency on social media.
Source : http://gqindia.com
4. IOTA (MIOTA)
IOTA might become the fastest growing market in the next years. However, the most amazing thing is that the development in the linked fields is interconnecting.This cryptocurrency is concentrated on Machine-to-Machine transactions. Its key purpose is to enable M2M payments via serving the machine economy.
Source : http://investopedia.com
Monero is an open-source, privacy-oriented cryptocurrency. The developers involved introduced this innovative cryptocurrency without setting aside any for themselves. The team has relied on donations and the broader community to further development. Monero was launched in April 2014.
Source : http://news.bitcoin.com
Zcash is similar to Monero. Zcash leverages zero-knowledge proof constructions called zk-SNARKs. These allow two users to exchange information without revealing their identities. The bitcoin blockchain contains records of the participants in a transaction, and also the amount involved. Zcash was introduced by Zooko Wilcox in October 2016, and it is the result of consistent efforts by developers to create cryptographic protocols that offer greater privacy.
Source : http://globalcoinreport.com
Also called NXT 2.0 – Ardor is a scalable blockchain platform thatsupports a wide range of features including voting, privacy based coin mixing, blockchain storage,and built in marketplace creation. A significant feature is Ardor’s implementation of child chains is the stand out feature that makes this platform a truly innovative project.
Source : http://captainaltcoin.com
Sia is a cryptocurrency that will revolutionize the way we look at enterprise cloud storage, and the technology is no doubt set to transform data storage in the future. It has a firm ground in a market currently dominated by Google, Amazon, Microsoft, and Dropbox.
Source : http://shutterstock.com