5 Cryptocurrencies To ConsiderThe world of crypto is larger than anyone could have anticipated a decade ago. Naturally, the market is becoming crowded with hundreds of new tokens being implemented every year. We’ve picked five key ones to consider.
Bitcoin
Bitcoin is without a doubt responsible for most of the hype that has arisen around cryptocurrencies. It was the first cryptocurrency, originating back in 2009. Now it is still the largest in terms of total valuation and market capitalisation. Due to this unprecedented success, Bitcoin’s protocol rules have become seemingly set in stone as they are viewed as a professional standard. This could provide tricky when it comes to implementing new systems.
Ethereum
Ethereum is a platform allowing blockchain technology to create various tools such as smart contracts. It is truly paving the way for cryptocurrencies to advance in the future. It is leaning towards the fast development approach, allowing multiple versions to be released yearly, adapting to the newest ideas and tools available. Ethereum has been on a stable rise since this autumn — some short and sharp dips notwithstanding — but for how long will it last?
Litecoin
Litecoin is the first altcoin. It’s primary purpose is to be used for transactions that are lower level than Bitcoin and many other cryptos as it has always been promoted as the ‘silver to Bitcoin’s gold’. The pitfall for this type of currency has always been simple: what if the bigger value coins develop some layers for lower-value transactions? Litecoin would be pushed right out of the market.
Bitcoin Cash
In many ways, this coin is a clone of the one it is named after. Bitcoin Cash was created last summer by people concerned about the original Bitcoin’s ability to scale. Bitcoin Cash is able to handle additional block sizes, allowing more information to be stored within the code. Bitcoin Cash was quite popular when it first came out, but it is hard to tell what awaits this crypto in the future, especially when it is still pretty much in the shadow of its predecessor.
LiveTree Seed
Built upon an already operational two-year-old company, Seed token has just entered its main sale after the successful pre-sale and is getting more traction every day.
Seed is taking on the entire entertainment industry, hoping to move the power away from the likes of Harvey Weinstein to the people who actually watch the content. Powering not only the viewers but creators as well, LiveTree’s project’s future is looking very bright. The first projects from the upcoming Blossom TV platform are starting to emerge, such as the world’s first cryptocurrency game show, CryptoShare, and a film about the sector, Decentralized.
https://medium.com/@LiveTree/5-cryptocurrencies-to-consider-a089dcc91fdb