The year 2018 was the most dramatic for cryptocurrencies. In 2017, the market capitalization of cryptocurrencies was just $ 18 million. However, this figure rose dramatically to $ 800 billion by January 2018.
With a sad note, more than $ 254 billion was eliminated at the beginning of April 2018 due to the fall in the price of Bitcoin. Almost all cryptocurrencies got stuck after the Bitcoin Bubble burst. Here, we will examine the most likely cryptocurrencies of the first ten in 2019.
1. Bitcoin (BTC)
Bitcoin was born in 2009 and alias Satoshi Nakamoto was its founder. Until now, the true identity of the bitcoin creator is still hidden. Bitcoin had its best time ever in the last share of 2019 before plunging for its value. To learn more about Bitcoin and view the original white paper, visit the official Bitcoin website. Satoshi has also developed another Bitcointalk site as a discussion forum for the Bitcoin community.
As everyone expected, Bitcoin is the main cryptocurrency and we expect this trend to continue in 2019. As the first cryptocurrency that has ever existed, fortunately it continues to keep pace despite current market conditions. Bitcoin is a digital currency based on a distributed register technology called blockchain.
Recently Bitcoin has achieved a different level of results after some major universities have added the Bitcoin and Blockchain study into their curriculum. One of these universities is the University of California Berkeley which has recently introduced a program focusing exclusively on Bitcoin and Blockchain technology. The program inaugurates a new professional in the blockchain and Bitcoin space.
2. Ethereum (ether)
Ethereum is the second most valuable cryptocurrency after Bitcoin. It was created in 2015 by the Russian-Canadian developer Vitalik Buterin. The cryptocurrency had the worst nightmare around mid-2018, when it lost more than 80% of its value after the 2017 price rally. Ethereum is more than just a digital currency. It is a blockchain-based platform for the development of decentralized applications and smart contracts. The ether is the native cryptocurrency applicable to transactions on the Ethereum blockchain.
Ethereum uses smart contracts to automate transactions. Smart contracts are blockchain agreement codes that are executed for the fulfillment of certain pre-established conditions. The Ethereum network allows developers to create new tokens based on the existing Ethereum blockchain. We are sure that Ethereum will remain among the best blockchain to watch in 2019.
According to Etherscan.io data, the only Ethereum addresses have exceeded 50 million, a truly remarkable figure for any Blockchain network. The data from etherscan.io show that the new ethereum addresses have increased rapidly in the last quarter of 2017 and rapidly increased by around 40 million in 2018.
3. Ripple (XRP)
Ripple has emerged to become the closest link between cryptocurrencies and the corporate banking sector. It is a single problem of solving cryptocurrencies concerning international monetary transfers. The company started operations in 2012 with the aim of making international transactions fast and economical.
Ripple has already managed to provide its services to hundreds of banks and other financial institutions around the world. Surely, the company will continue to rise in 2019 and could probably approach consolidated companies such as SWIFT. One of Ripple's notable successes is that the private online jet charter company, TapJets intends to add XRP as a payment option starting June 1. Kuwait Finance House has also announced plans to join Ripple's network of banks and payment providers. These and many others make Ripple a potential cryptocurrency to keep an eye on.
4. Bitcoin cash (BCH)
The increase in fees on the bitcoin network has helped push some in the community to create a major obstacle to increase the blockade. This push came to an end in July 2017, when some members of the Bitcoin community included Roger Ver believes that the adoption of the PIF 91 without increasing the block size limit favored people who wanted to treat Bitcoin as a digital investment rather than a transactional currency. Bitcoin Cash felt one of the worst nightmares when threatened with a possible division after November's update.
Bitcoin liquidity was created in 2016 after a hard fork in the main Bitcoin network. The fork came after the developer community was unable to agree on the proposed changes in the bitcoin code. Bitcoin money aimed at resolving some of Bitcoin's existing problems, particularly with regard to scalability and transaction fees. Bitcoin Cash recently updated its Bitcoin ABC version to increase data size capability. The data size has increased from 80 bytes to 220 bytes since the last software update. Bitcoin money will continue to expand in 2019.
5. EOS (EOS)
EOS is among the top 10 cryptocurrencies even before launch. In addition, the platform was born with an ICO in June 2017. The platform has been in operation since June 2018, expecting to become an important competitor of Ethereum and NEO.
EOS was created by Dan Larimer who is also the founder of the Bitshares cryptocurrency exchange and the block-based blogging site Steemit. EOS allows developers to create decentralized applications and smart contracts. As of November 2018, EOS had already completed more than 42 million transactions. Of course, EOS will continue to develop until 2019.
6. Cardano (ADA)
Cardano is a project of blockchain and decentralized public cryptocurrency and is completely open source. This Blockchain is developing an intelligent contract platform that seeks to offer more advanced features. The platform states that the first blockchain platform evolves from scientific philosophy and a research driven approach. The development team consists of a large global group of experienced engineers and researchers
Cardano was created by Charles Hoskinson, Co-founder of Ethereum in September 2017. In addition, it is a platform for decentralized apps and smart contracts. Like EOS, Cardano works on the Ethereum network. However, with a lot of consideration in terms of technological improvements, Cardano represents the third and most advanced generation of Blockchain technology. However, this alone qualifies Cardano among the top 10 cryptocurrencies of 2019.
Recently, the CEO of Cardona Hoskinson has revealed that the platform is working to create a network that allows both financial worlds (fiat and cryptography) to transport communications in a fluid way without interfering with the essence of the sector. In addition, Cardano also plans to explore new markets such as Africa and Central and South America.
7. Litecoin (LTC)
Litecoin is a peer-to-peer cryptocurrency and an open-source software project released under the MIT / X11 license. The creation and transfer of coins are based on an open source cryptographic protocol and the central authority does not manage it. Litecoin was an initial spincoin or bitcoin, starting in October 2011
Litecoin has been operational since 2011 from Charlie Lee, a former Google employee. The cryptocurrency works on the Bitcoin blockchain itself with the purpose of improving Bitcoin. Just like Bitcoin, Litecoin is just a digital currency without the support of smart contracts. Litecoin has reached the most important cryptocurrencies since it has stood the test of time and has been around for at least 7 years.
The main recent successes of Litecoin include, Ripple version on Lightning Network Beta, BTCPay which starts the integration of Litecoin Lighting and the release Litecoin LoafWallet 2.0.5.
8. Stellar (XLM)
Stellar was born in 2014 and was created by Jed McCaleb a co-founder of Ripple. In fact, Ripple turns into a stellar leading to the introduction of the Stellar Development Foundation. Just like Ripple, Stellar also focuses on making cross-border payments more efficient.
Unlike all other cryptocurrencies on this list, the Stellar Development Foundation is a nonprofit organization. We anticipate that Stellar will continue to function well until 2019, despite some major safety issues in 2018. Stellar Lumens has seen an increase in the number of new users of nearly 600% in the last six months alone. The increase in user accounts follows a recent $ 20 airdrop to all new users.
9. IOTA (IOTA)
IOTA was founded in 2015 by David Sønstebø and it is among the most unique coins in this list. Unlike others, the cryptocurrencies in this list, IOTA is not based on the Blockchain. IOTA uses a new protocol invention called tangle rather than blockchain technology.
Its base is on the Internet of Things (IoT), a technology that allows communication between various Internet-enabled devices. In addition, IOTA is dedicated to making IoT technology safer, simpler and more scalable. Recently, IOTA has carried out a long list of results, including the introduction of the decentralized protocol for the disruptor of zero-fare transactions with a fixed supply of tokens.
Presentation of an entity approved by the non-profit government that the main banks (while banks regularly close the accounts globally) accept. Create partnerships with the Taiwanese government that is using Tangle technology in their capital. Denmark, using the Tangle in its government documents control infrastructure. Three partnerships "MAJOR": Bosch, VW and Fujitsu.
NEO is a Chinese cryptocurrency created in 2014 by From Hongfei. The platform was initially familiar as AntShares. It was renamed NEO in June 2017. NEO often refers to the Chinese Ethereum because of the similarities that the cryptocurrency shares with its offer to that Ethereum. The platform presents a blockchain-based ecosystem for the development of smart contracts and the launch of ICO.
Recently the city of Sion, a global independent community of open source developers formed by NEO has become the first elected entity to host a consensus node on the main NEO network. Furthermore, on 20 October, KPN, the largest telecommunications service provider in the Netherlands, became the second node of elected consensus running on the main NEO network.
We believe that cryptocurrencies on this minimum are among the top 10 activities that will dominate in 2019. If you wish to add another resource, we may have forgotten to include at least the comments section below.
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