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THE 6 MOST IMPORTANT CRYPTOCURRENCIES OTHER THAN BITCOIN W W W . R I L C O I N . I O
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THE 6 MOST IMPORTANT CRYPTOCURRENCIES ARE:
Ethereum
Litecoin
ZCASH
DASHÂ
RIPPLE(XRP)
RILCOIN
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ETHEREUM (ETH)
Ethereum was launched in 2015 which is a decentralized software platform that allows Smart Contracts and Distributed Applications (Ä?Apps) to be created and work without any fail, hoax, limitation or interruption coming from a third party. Ethereum has introduced a layout which can be used for smart contracts using dispersed blockchains. The Ethereum market cap has attained $8,284,240,957 having a rate of approx. 90 US Dollars.
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LITECOIN (LTC) Litecoin is based on the same concept as Bitcoin i.e. peer-to-peer technology i.e. focused on transparency and security. Litecoin was launched in 2011 to follow the pattern set by Bitcoin. It was initially called as ‘silver to Bitcoin’s gold.’ It was produced by Charlie Lee, a former Google engineer. Litecoin follows an open source global payment network which cannot be accessed by any central authority. This payment network uses “scrypt” as a proof of work that can only be decoded with the assistance of CPUs of consumer grade. Litecoin has comparatively faster block generation rate than Bitcoin, that’s why it offers quicker transaction acceptance. The market cap of Litecoin has reached to $1,576,960,281 having a value of approx. $30.89 for one Litecoin.
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ZCASH (ZEC)
Zcash was launched in the 2016 year end. Zcash proposes with security, privacy, and transparency in functioning and transactions. Just like Bitcoin, it works on the concept of the blockchain. Using “ZK-SNARK� i.e. zero-knowledge proof construction, it allows performing extra protected transactions.
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DASH (DASH) Dash is also called as XCoin or Darkcoin. It was launched in the 2014 year starting. Dash works on a decentralized mastercode connectivity to make the transactions completely untraceable. It is comparatively more secure and private version of Bitcoin. Its name changed to Darkcoin in March 2015 without changing its technical specifications. Dash has attained a market cap of approx. $664,377,178 in three years.
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RIPPLE (XRP) Ripple brought a real-time gross settlement system network into existence. It allows performing quick, and inexpensive global payments. Ripple “enables banks to settle cross-border payments in real time, with end-to-end transparency, and at lower costs.� Ripple was launched in the year 2012. Till then, it has acquired a market cap of $7,236,937,220. One can purchase oneunit Ether in around $0.18.
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RILCOIN
Rilcoin is a cutting-edge crypto technology-based, fully decentralised crypto-currency, which actually has all the benefits of fiat currency as well the freedom and anonymity of a crypto-currency. Rilcoin is a part of an Asset Management System (AMS). Rilcoin is an upcoming cryptocurrency that would be based on a technology equivalent to Fiat Currency. Some of the features which would not be similar to fiat currency will be made suitable using smart contracts. Its flexibility to adopt all the benefits of fiat currency makes it an exclusive one among all the other cryptocurrency. It would be the first ever cryptocurrency owning qualities of fiat currency.
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