10 Cryptocurrency Alternatives To Bitcoin | Ethereum | list 10
At this stage, you’d need to have been living under a rock to have not heard of Bitcoin. With the market price having recently exceeded US $18,000, media attention is at an all-time high. What most people are a little uncertain on is what exactly Bitcoin is. Terms like “cryptocurrency” and “blockchain technology” get thrown around, but their meaning can seem abstract to the uninitiated.
Simply put, cryptocurrencies are alternatives to standard monetary systems. They are a solely digital form of currency which rely on cryptography to secure transactions. Cryptocurrencies are decentralized they have no central bank or administrator and no main overseeing body who can see what the money is being used for, by whom, or where it’s being sent, making cryptocurrencies an attractive prospect. Blockchain technology is what makes cryptocurrencies possible. It refers to a public ledger of sorts, in which all transactions in the currency are recorded anonymously.
Bitcoin is the original cryptocurrency and the most famous. However, a multitude of alternatives have sprung up on the market and are slowly gaining traction. Called “alt-coins,” they work on similar technological principles to Bitcoin. We’ve compiled a list of some of the notable names in the alt-coin market below. Who knows, maybe one of these is the next big thing, destined to skyrocket to $20,000 per unit and beyond like their famous predecessor.
1-Dogecoin
2-Golem
3-Ripple
4-Litecoin
5-Stellar
6-NEO
7-Monero
8-Zcash
9-Dash
10-Ethereum
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