Bitcoin made a huge entry into the market in 2009 and was the first cryptocurrency ever. It is digital money or virtual money that is generated online and stored. Each of the transactions done using virtual money is anonymous, which is why Bitcoins have become so popular.
Far removed from any government interference, individuals can easily transact over the internet and be secure from any political turmoil. There are now several cryptocurrencies that have come onto the market and are faring better than Bitcoin. So let’s have a look at the top ten valuable Bitcoins or cryptocurrencies in the world.
10 Ripple (XRP)
Speed is a major factor in the popularity of any cryptocurrency. Ripple started off with the advantage that it is super fast and transactions take only four seconds to complete. This is why Ripple has been one of the most valuable bitcoins ever. Ripple uses a token system that it calls XRP and you can do transactions using dollars, euros or even other cryptocurrencies.
Another cool reason to use Ripple is that payment providers, as well as some banks, are connected to it. Customers can easily transfer money anywhere in the world. This comes with no-fee transactions too. So all Ripple customers are very happy with the system.
9 Bitcoin (BTC)
Bitcoin is the No.1 cryptocurrency in the world. It achieved this feat partly due to being the very first cryptocurrency and partly for its market value. Bitcoin uses a feature called the Blockchain or a public ledger. This blockchain is the most important feature of Bitcoin. People like to use Bitcoin because it is valuable and discreet. It is supported by various platforms and exchanges so it is easy to start using Bitcoin. Since Bitcoin’s market value is so high, it is favored by not only individuals but also companies. Bitcoin today is one of the most valuable cryptocurrencies.
8 Litecoin (LTC)
After the success of Bitcoin came another cryptocurrency called Litecoin. This used the same principles like Bitcoin where a blockchain was used to verify transactions. The advantage of Litecoin is that it is faster in processing a transaction than Bitcoin. Security is maintained by providing customers with complex algorithms. Litecoin is also another valuable cryptocurrency which is favored by many customers and companies. Today Litecoin is doing well and advancing in its features so that more and more customers have started using this valuable cryptocurrency. With more than 80 million Litecoins around the world, it does show a steady rise in popularity.
7 Ethereum (ETH)
Ethereum has its own currency which is called Ether and this is also one of the most valuable cryptocurrencies in the world today. Ethereum also uses a blockchain system and runs a code whenever the user makes a transaction. This code is updated on the Ethereum blockchain only when it is agreed upon by other users. So the code that Ethereum uses actually removes any kind of third party involvement. Ethereum is known to be fast and this is one reason why it is also valuable. User security features on Ethereum is top-notch and so Ethereum has earned a top spot in cryptocurrencies.
6 Bitcoin Cash (BCH)
Even though Bitcoin was the first cryptocurrency in the world and it is a valuable asset today, there are consumers who felt that it was slower than the newly emerging cryptocurrencies. So Bitcoin upgraded itself and the newer version is called Bitcoin Cash. Here the speed of transactions was raised to 8 megabytes.
This helped Bitcoin process a lot more transactions than before. Bitcoin realized that this move helped them get more new customers and Bitcoin Cash is now one of the most valuable bitcoins ever. Reduction in the transaction fees meant that they are now able to compete with other payment companies.
5 Dash (DASH)
Cryptocurrency creators are very famous and Evan Duffield is one of them. He created Dash (originally calling it Darkcoin) once he understood Bitcoin. He wanted to make it a more secretive cryptocurrency so that monetary transactions could be untraceable. A master code network that is decentralized makes this system a success. Dash is today one of the most valuable cryptocurrencies in the world and its market value is always high. The security features of this bitcoin are superb and this is the reason why so many consumers prefer Dash to other cryptocurrencies. Dash, launched in 2014, is a good way to transact online.
4 Monero (XMR)
Among the newer cryptocurrencies to enter the market is Monero. Monero has earned the top spot in valuable bitcoins because of its high security features. Being on the open-source platform adds to the popularity of this bitcoin. The decentralized network and use of ring signatures makes Monero ideal for all customers wanting to transact online. With just one real participant amidst a group of signatures, it becomes impossible to isolate them. Though this feature does raise eyebrows for some as criminal cases could go up, Monero still holds the top spot among cryptocurrencies. Its market value is on a steady incline.
3 Cardano (ADA)
One of the latest cryptocurrency is Cardano, created by Charles Hoskinson. He released Cardano in 2017 and used the technology of Ethereum in the creation of Cardano. Transparency of transactions is a great thing about Cardano, which uses Dapps, a smart contract. The main benefit to customers is that international transactions can now be done in a matter of seconds. This has increased the consumer base of Cardano and brought it up to a top spot. New technology used in Cardano helps to remove the failings of other older cryptocurrencies. Cardano is now considered one of the most valuable cryptocurrencies in the world.
2 Zcash (ZEC)
Zcash is another of the most valuable cryptocurrencies in the world due to their selective transparency mode. Here Zcash uses a blockchain to make all transactions verifiable by other miners. But there is a slight difference. Names of the sender or receiver and the amount being transacted are all private. This information does not go out in the public ledger. Zcash has been able to increase its customer base for this very reason. The market value of Zcash has also gone up considerably. Zcash and its technique zk-SNARK together give power to the consumer and this makes Zcash a valuable commodity in the virtual world.
1 NEO (NEO)
A cryptocurrency from China that is now one of the most valuable bitcoins is NEO. It was created by a Chinese man named Da Hongfei who used Ethereum-like coding. He added a support system in such a way that it could be used with Java, C++ or even Go. NEO has a great market value and remains in the top best cryptocurrency list today. Making a mark for itself, NEO has broadened it customer reach and now world over people are using NEO as transaction currency in the virtual world. As its relationship with the Chinese government is solid, there are no problems foreseen for the success of NEO.
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