In my opinion one of the most prospective and promising top 5 cryptocurrencies is Cardano ADA, still for the price of $0.13 - $0.15 when is the best time to buy it and hold for some months.
I found information about this coin, because I was unfamiliar with her.
History
When in 2011, a former employee of Google's Charlie Lee created Litecoin, his goal was simple - improving Bitcoin. Light became the second fork of BTC (after Namecoin) and quickly broke into the top capitalization. The price of the coin during the first "crypto-currency boom" in autumn-winter 2013 reached $ 50. The subsequent rollback was very serious - by the beginning of 2015 the exchange rate to the dollar had fallen to $ 1.33 per LTC. Return of its peak value of 2013 light was able to 2017 during the second "crypto-currency boom."
https://d.radikal.ru/d03/1809/39/8405bf99b8dc.jpg This crypto currency is characterized by a high transaction rate in the blockchain and a minimum operating commission. The difference between Litecoin and Bitcoin is the script used. If in Bitcoin it is SHA-256, then in LTC - Scrypt (or S-crypt). This technical detail is more important for miners. Scrypt is a more complex algorithm. In it, SHA-256 serves as a subroutine. The efficiency of mining depends on RAM (RAM), and not on the productive capacity of BTC.
Blocks in Litecoin are generated faster. On 1 block it takes 2.5 minutes. In the BTC network, the time cost is 4 times more - 10 minutes. LTC processes better and faster a large number of transactions, including the fact that two verifications of users are enough to verify it in the locker. With the adoption of Segwit, the issue of network scaling should be resolved.
Emission from Litecoin is higher - only miners can produce 84,000,000 LTC. It is expected that by 2020, 3/4 of all coins will be mined.
In the long term, lightcoin should become something akin to crypto currency cents. If Bitcoin is well suited for large transactions or as a cumulative asset, LTC is suitable for small transactions: daily purchases, public transport and so on. Such a future of litocoin is seen by its creator Charlie Lee. In 2017, he left the project Coinbase and focuses on the development of its crypto currency. After that, the cost of the light reached its historic maximum.
Litecoin is increasingly developing its own network and introducing innovations. This allowed the Crypto-currency to "wash off" from the status of poor little brother bitcoin for some time. While HTC waves are dispersing around BTC, innovations like Segwit or atomic transaction are quietly introduced into LTC.
The lightcoyne rate does not fluctuate so much in comparison with BTC. Big market capitalization and not such a wide interest of the media and the public, allows the light to behave stably. In addition to 2013-2014, the history of the LTC course is developing smoothly. Hard binding to the price of bitcoin also does not. This makes crypto-silver "a good exchange asset or even an investment tool.
Public leader. If the BTC is an anonymous Satoshi Nakamoto and unknown to the public development team, then the face of the lightcoin is Charlie Lee. He is the first to inform the audience about floods and changes and is actively involved in the life of the LTC community. As the practice of ETH and Vitalik Buterina shows, the presence of such a leader plays an important role for the crypto currency.
Transaction speed. Only 2.5 minutes is spent on creating a new block in the LTC network and for transactions there are only two confirmations. This allows you to conduct many transactions simultaneously and determines the potential of LTC as a payment instrument.
Level of protection. Due to the high transaction speed, the probability of duplicate attacks on the network is reduced. And in the official purse of LTC, each operation is performed with the password entered.
How much can lightcoin cost in the future? A lot of. LTC has its whole history in the shadow of BTC, but because of the network's features (fast transactions, high emissions), lightcode better adapts to innovation. This is its potential. And the exchange rate schedule for years ahead can remind an exhibitor.
Litecoin or lightcoin is a popular crypto currency, one of the first fork of fork. The platform was created in 2011 year. Abbreviated (stock) designation is LTC. In the crypto community, it is often called light.
The creators of LTC position the coin as a crypto-currency silver. The first years after its launch, lightcoin stably held a place in the top 3 by market capitalization. With the advent of ETH and Ripple, the "position" in the top three was lost, although in the top 10 of the crypto currency is stable. Light trades on all the largest online exchanges.
At the moment - the cost of $0.10
a little fun for you -
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