The most used and famous cryptocurrencies in the world

1) Bitcoin

Bitcoin is a cryptocurrency, that is, an encrypted digital currency that is used to buy and receive payments. The biggest difference between the biticon and other currencies is that it only exists in the digital environment. Last number reported is that bitcoin had 260,641 transactions today alone.

2) Ethereum

The Ethereum cryptocurrency is a decentralized platform capable of executing smart contracts and decentralized applications using blockchain technology: These are applications that work exactly as programmed without any possibility of censorship, fraud or interference from third parties, because the contract is immutable. information taken from wikipedia.
Ethereum has already registered about 1.55 million transactions.

3) Ripple XRP

Ripple is a real-time gross settlement, foreign exchange and remittance network system developed by Ripple. Also called the Ripple Transaction Protocol or Ripple, it is built on an open distributed Internet protocol, a consensus ledger, and a native currency called XRP. The XRP can process 1500 transactions per second with an average accounting settlement (time to approval) of 3-5 seconds.

4) Litecoin

Litecoin is a cryptocurrency supported by a peer-to-peer network and an open source project released under the MIT license.

It’s inspired and almost technically similar to Bitcoin. The creation and transfer of Litecoin is based on an open source encryption protocol and is not managed by a central authority. The number of daily LTC transactions (line in the chart below) has ranged between 20,000 and 40,000 since March 2018.

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Post Written and created by Bruno Costa