Top 5 Cryptocurrencies in the World
Bitcoin
The topmost digital currency around the world is Bitcoin. It is the most recognized, accepted and used virtual currency globally. One Bitcoin has value for 6988.60 Euro and $ 8202.86. This is the most current update. For a common man, it is easier to obtain Bitcoin today with its ATMs and ever-increasing awareness.
Bitcoin major benefit is its network effect and proven security. Total Market Capital of Bitcoin is $135,179,430,756.
Read also: Bitcoin value surges to $6000
Ethereum
Ethereum is another cryptocurrency that offers a decentralized virtual machine to run applications exactly as programmed. The currency launched in 2015. No fraud or censorship, or third-party interference can be done. Ethereum Virtual Machine executes the scripts via an international network of public nodes. As per Ethereum, it is used to “codify, decentralize, secure and trade just about anything.”
One Ethereum is worth $363.31. Total Market Capital of Ethereum is $34,796,386,846.
Litecoin:
This cryptocurrency launched in 2011 was one of the first digital currency that came after Bitcoin. It was also called as ‘silver to Bitcoin’s gold.’ Litecoin is not controlled by any dominant central authority, it is based on an open source global payment network. Proof of work is done with the use of “scrypt”
Currently, One Litecoin is worth $70.9. The total market capitalization of Litecoin is $3,820,937,543.
Dash
Dash is also called Darkcoin. It is more secretive in comparison to Bitcoin. More anonymity is maintained and decentralized master code network is used to make transactions impossible to trace. This currency launched in 2014 and since then it has only gained popularity.
One Dash is worth $469.45. The total market capitalization of Dash is $3,621,297,813.
Zcash:
Zcash launched in last quarter of 2016, it is an open source decentralized cryptocurrency that is gaining popularity around the world. Zcash definition of itself is, “If Bitcoin is like HTTP for money, Zcash is HTTPs.” Zcash claims to provide better security in transactions as all transactions are recorded on a blockchain. All personal details remain private.
Currently, One Zcash is worth $293.87. The total market capital of Zcash is $785,134,465.
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