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31 December 201 00: 39 & nbspUTC
| updated:
31 December 2018 02: 07 & nbspUTC
If you've read our article about the best altcoins to invest in 2018, you're already familiar with the tricks of the trade, but for those of you who do not, altcoins are fundamentally cryptocurrencies that have been developed as various alternatives to Bitcoin. Although they are built following the basic principles of Bitcoin, altcoins try to improve a wide variety of areas targeted at various objectives. For example, when Bitcoin Cash tries to improve scalability, Bitcoin Gold aims to create a decentralized cryptocurrency. Many of these altcoins are basically Bitcoin forks, developed on its open source code. It can be a difficult task to choose the best altcoins, as there are thousands of options out there. If you are looking to find the best altcoins tov invest, in b2019 here are some suggestions:
1. Litecoin
If you have read ours A Beginner & # 39; s Guide To Litecoin you'll know that Litecoin is one of the oldest altcoins, it was created in 2011 by a former Google employee, Charlie Lee. Like Bitcoin, Litecoin is also just a digital currency but with some improvements. Litecoin offers many developments compared to those of Bitcoin, in particular the remedy to the slowness of the bitcoin transaction. As Ethereum, it is quite easy to buy Litecoin since it is offered by most of the most important cryptocurrant exchanges. You can buy Litecoin from Kraken, Coinbase, Coinmama or Bitsquare.
You can also read: How is the price of Litecoin determined?
2. NEO
NEO, which was originally nicknamed AntShares, was created in 2014 by Da Hongfei in China. It is the largest cryptocurrency that has its origins in China. NEO, like Ethereum, is a platform designed for the development of decentralized applications (Dapps), Smart contracts and ICO. Because of this close resemblance to Ethereum, the NEO is often called the "Chinese Ethereum". A beginner's guide to NEO Coin can provide further information on the problem.
3. Cardano
Cardano, which is truly one of its genres, offers only many technological improvements compared to Bitcoin but also on Ethereum. While Bitcoin is only a digital currency, Cardano is a dApp building platform with its native currency – ADA. Cardano solves three of the most urgent problems faced by 1st and 2ND blockchain generation projects: scalability, interoperability and sustainability. Cardano also aims to tackle the problems of transferring abroad, which otherwise often require a lot of time and money. It focuses on reducing transaction times for international payments from a few days to a few seconds.
A beginner's guide to Cardano
4. EOS
EOS, a relatively new relic, whose Home Initial Coin Offering (ICO) was launched in June 2017. EOS was created by Dan Larimer, who was also credited for having founded the Bitshares cryptocurrency exchange and the blogging based site on the Steemit blockchain. EOS also provides a platform for developers to create decentralized applications. Its technology differs, however, as we'll see soon.
You can also read: Pros and cons of EOS
5.DASH
Dash is a digital currency launched in 2014 by Evan Duffield. At the time of the launch, he was called Xcoin and was later renamed Darkcoin. It was in 2015 that he was finally sent back to Dash. Dash was bifurcated by Litecoin, which is itself based on Bitcoin technology. Dash has gained popularity because it offers significant advantages over Bitcoin.
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Rishma Banerjee
Rishma is currently pursuing a degree in International Relations and has a special place in her life to sift through all sorts of random curios, thank you very much.
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