In present global world, we have a digital currency based on specialized encryption techniques to regulate the circulation of currency and verify the transfer of funds, in a digital format which is operating independently, with no central bank – the future of money!
Modern market is covered with cryptocurrency (or crypto currency), a digital asset designed to be a medium of exchange using cryptography protocol, which secures the transactions, and controls the creation of additional units of the currency – the Internet money!
There were already 900+ crypto-currencies available over the Internet as of today, 2017 and still growing. It seems like, new crypto-currency can be created any time.
As per present global market capitalization 2017, Bitcoin is the world’s largest blockchain network, followed by Ethereum, Bitcoin Cash, Ripple, Litecoin and other Alt-Coins.
However, people are there making a lot of money in Bitcoin. Here is the list of some of the best cryptocurrencies of 2017 with the biggest market capitalization.
Table of Contents
World’s Most Popular Crypto-Currencies for 2017
These cryptocurrencies have many similarities, but also have unique features and cryptographically advanced technologies.
# BTC – BITCOIN
Bitcoin is the world’s first and best crypto-currency, which is also known as BTC in short. Bitcoin allows for instant peer-to-peer transactions across the globe. It offers worldwide payments at zero or very low processing fees. Interested can find out more at Bitcoin.
# BCH – BITCOIN CASH
Bitcoin Cash is another spin off fork of Bitcoin. Which is run by the Chinese, and had a larger blocks size, so user can one day buy coffee with it! Bitcoin Cash is also known as BCH or BCC. Interested may find out more about Bitcoin Cash at the official Bitcoin Cash.
# DASH – DASH
It was initially released as XCoin, then as DarkCoin, Dash is another crypto-currency aimed at bringing privacy back to transactions. Which is something the Dash community feels Bitcoin has missed. It changed its name so as to distance itself from the growing notoriety of the DarkWeb. Find out more about Dash at Dashpay.
# DOGE – DOGECOIN
Dogecoin (DOGE) is another popular cryptocurrency that was started as a joke coin, but it presently gained a fervent following and real credibility. It uses a Proof-of-Work (PoW) algorithm, but it uses Scrypt instead of SHA-256 (the basis for Bitcoin). Find out more about it at Dogecoin.
# ETH – ETHEREUM
ETHEREUM is another popular decentralized platform that runs smart contracts: applications that run exactly as programmed without any possibility of downtime, censorship, fraud or third party interference. These applications run on a custom built blockchain, a powerful shared global infrastructure which can move value around and represent the ownership of property. Learn more about it at the Ethereum Foundation.
# ETC – ETHEREUM CLASSIC
Ethereum applications that run exactly as programmed without any possibility of downtime, censorship, fraud or third party interference. Ethereum Classic is a continuation of original Ethereum blockchain – the classic version preserving untampered history; free from external interference and subjective tampering of transactions. Interested can find out more about it at the Ethereum Classic.
# LTC – LITECOIN
Litecoin is the world’s first Scrypt based crypto-currency. This is by far and away the biggest market cap of the alternative-coins. Which provides faster transaction confirmations and uses a advanced memory-hard, scrypt-based mining proof-of-work algorithm to target the regular computers with GPUs, whcih most people already have. This coin is also known as LTC. Find out more about it at LiteCoin.
# REP – AUGUR
Augur combines the magic of the prediction markets with the power of a decentralized network to create a stunningly accurate forecasting tool and the chance for real money trading profits. It is also known as REP. Find out more about Augur at the official website of Augur.
# XMR – MONERO
The Monero is another popular cryptocurrency which is a new privacy-centric coin using the advanced CryptoNote protocol. Monero is gaining popularity recently, and in a top 10 market cap coin. It’s system is untraceable like DASH. Monero is also known as XMR. Find out more about it at the official site GetMonero.
# ZEC – ZCASH
The Zcash offers a total payment confidentiality, while still maintaining a decentralized network, which uses a public blockchain. Unlike Bitcoin, Zcash transactions automatically hide the sender, recipient, and value of all transactions on the blockchain. Zcash is also known as ZEC. Find out more about Zcash at the official site of z.cash.
# XRP – RIPPLE
Ripple is also known as XRP. It is the 2nd largest coin as per the market cap. The Eobot has cloud mining of BTC that can automatically be converted into XRP. It’is a payment protocol that functions as a payment system, currency exchange and a remittance network, and also works with fiat currencies, crypto-currencies, and commodities. To know more about it visit the site of Ripple.
Those are world’s best and most popular digital or virtual currency that uses cryptography techniques for security, which is difficult to counterfeit because of its security features.
These innovative crypto-currencies, or digital currencies, are great inventions of the Internet, as per many experts, individual users, businesses and developers worldwide.
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