Post
Topic
Board Speculation (Altcoins)
Re: The Future Of Cryptocurrency
by
bosimpson54
on 16/03/2018, 09:25:00 UTC

Bitcoin – the Current Standard, that uses peer-to-peer technology.

Bitcoins are created digitally through a “mining” process that requires powerful computers to solve complex algorithms and crunch numbers. They are currently created at the rate of 25 Bitcoins every 10 minutes and will be capped at 21 million, a level that is expected to be reached in 2140.

Litecoin – Litecoin is designed for processing smaller transactions faster. Unlike the heavy computer horsepower required for Bitcoin mining, Litecoins can be mined by a normal desktop computer.

Ripple – Like Bitcoin, Ripple is both a currency and a payment system. The currency component is XRP, which has a mathematical foundation like Bitcoin. The payment mechanism enables the transfer of funds in any currency to another user on the Ripple network within seconds.

MintChip – Unlike most cryptocurrencies, MintChip is actually the creation of a government institution, specifically the Royal Canadian Mint. MintChip is a smart card that holds electronic value and can transfer it securely from one chip to another. Like Bitcoin, MintChip does not need personal identification; unlike Bitcoin, it is backed by a physical currency, the Canadian dollar.


To read more details @ https://www.investopedia.com/articles/forex/091013/future-cryptocurrency.asp







Cryptocurrency has been very well developed over the years but earlier this year Cryptocurrency has encountered many problems and it seems that the devaluation of the currency on the market has increased, there are many investors choosing to join the bonus project instead Trading on the floor.