Most promising Altcoins and … – Captain Altcoin

The future of cryptocurrency is bright and cryptocurrencies are trending all over the world as the internet payments have been accepted by many companies. Cryptocurrency is trending payment and investment asset just like how people invest in mutual funds, real estate, market shares, silver, and gold nowadays. More investors are interested in investing their money on these cryptocurrencies, and the increased demand of cryptocurrency has increased its prices a lot.

It is important to note that it is not late to invest in cryptocurrencies. However, the fact is that we cant invest more in Bitcoin because its price has already touched the sky. Thats why we have to choose the coins whose price is low and will increase in next couple of years.

There are more than 3000 cryptocurrencies in the world and it is really difficult to recognize the right cryptocurrency to invest. However, the future of cryptocurrency can be predicted by looking at their market cap and many others thing.

Investing in cryptocurrency can be fruitful if we select the right coin to invest. Thats why we have to be careful while investing our money in cryptocurrency. We can earn a good amount of money by trading altcoins. On the other hand, there will be huge chance of big loss if we are new.

Bitcoin started the trend and is still the leader. However, some of the other cryptocurrency that hit the scene within the last couple of years shows real promise with their block chain vastly improved and upgraded over Bitcoins very own.

Most people are at least somewhat familiar withBitcoineven if they do not accurately understand how it works. However, once they begin to get involved with cryptocurrency, they may be surprised to learn that there are hundreds of cryptocurrencies (a.k.a altcoins) out there besides Bitcoin (CoinMarketCaplisted more than 2000 altcoins at the time this guide was written).

Altcoins are an intriguing facet of the cryptocurrency landscape. However, they are not for everyone and Altcoin beginners often have many questions. This guide will provide a brief overview of altcoins to help newcomers decide whether or not to invest in them.

The wordaltcoinis an abbreviation of Bitcoin alternative. This means that the word altcoin describes every single cryptocurrency except for Bitcoin, and Altcoins are referred to as Bitcoin alternatives since most altcoins hope to either replace or improve upon at least one Bitcoin component.

There are hundreds of altcoins, and more appear every day. Most altcoins are little more than Bitcoin clones and they do not survive for very long. They only change minor features, such as its hashing algorithm, distribution method, or transactions speed. One exception is Litecoin, which has branded itself as silver to Bitcoins gold. The reason for that is that, in addition to using a different hashing algorithm than Bitcoin, Litecoin has a much higher number of currency units.

It is important to note that some altcoins innovate by experimenting with useful characteristics Bitcoin does not offer. For instance,Rippleserves as a protocol users can employ to make inter-currency payments with ease,BitSharesdescribes itself as a fair version of Wall Street, andDarkcoinhopes to provide a platform for completely anonymous transactions. Some altcoin ecosystems, such asMastercoinandCounterParty, even utilize theBitcoin blockchainto secure their platform.

Many Bitcoin enthusiasts argue that altcoins are totally unnecessary. Also, some say that, because they cannot rival the infrastructure Bitcoin boasts, altcoins will not succeed. However, altcoins have a significant role. Altcoins allow developers to experiment with unique features, and while it is true that, if the developers or community desires, Bitcoin can copy these features, fully-functioning altcoins are much better cryptocurrency laboratories than Bitcoins testnet. Moreover, one of Bitcoins most prominent goals is decentralization, and altcoins further decentralize the cryptocurrency community. Finally, altcoins give Bitcoin healthy competition and they give cryptocurrency users alternative options and forces Bitcoins developers to remain active and continue innovating. Users can adopt an altcoin if they do not feel that Bitcoin satisfies their digital desires. Also, the Bitcoin developers would have to adopt the features the community desired or risk losing its place as the preeminent cryptocurrency if enough users left Bitcoin for a particular altcoin.

What Was the First Altcoin?

Namecoinwas the first altcoin and it was created. Namecoins primary purpose is to decentralize domain-name registration, which makes internet censorship much more difficult. However, it also functions as a currency.

Bitcoin is still leading the virtual currency pack, even with many close competitors. Newer and more innovative versions are getting launched. They offer modifications in areas like Proof of Stake, privacy, transaction speed, DNS resolution and more. A few altcoins have become popular and the rest of them are lesser-known.

We have checked out and reviewed more than 200 altcoins, from the top ones to the almost unknown gems buried deep in coinmarketcap ranking. This list will be continually updated so make sure to revisit it every once in a while.

Here is the full list.

Cryptocurrencies are a completely digital form of money designed specifically to take advantage of the architecture of the internet. They can be used in ways that ordinary currencies cant. Cryptocurrencies dont rely on a standard financial institution to guarantee and verify transactions. Instead, cryptocurrency transactions are checked, or confirmed, by the computers of the users on the currencys network. The computers that verify the transactions usually receive a small amount of currency as a reward, and the process of receiving rewards in exchange for verifying transactions is called mining. Mining is the main way how a new currency is produced here, and it works differently for different currencies.

Cryptocurrencies are traded in different ways and they use a number of different algorithms.

The main characteristics that you must consider before purchasing or investing in cryptocurrencies are: retailer acceptance, verification method, and market capitalization and daily trading volume.

Here is a list of the Top 13 altcoins and cryptocurrencies in 2017/2018 according to market cap, future scope, demand, and value investment asset.

Ethereum is a true outlier and it is the only crypto-currency believed by experts to be able to overtake Bitcoin Market cap in the near future. Ethereum started in 2013 and had 40x growth rate over the last two years.

Its platform allows creating a smart contract that runs on a decentralized network and runs exactly as programmed without any possibility of downtime, fraud, censorship or any third party interface. The team behind Ethereum is really exceptional. They are doing an amazing job to show the real potential of the Ethereum. Also, the degree of adoption of Ethereum is phenomenal at the moment. Many developers are working on apps that use the potential of smart contracts. If one cryptocurrency can make it big, its Ethereum. If already went over 1000% over the course of couple of months and it could go 1000% more over the next few months that much potential this cryptocurrency has.

Read more on what is ethereum here. Read here where to buy coins and here how to safely store them on a wallet.

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Anonymous / private Bitcoin. Now, you may think, What are you talking about? The BTC is anonymous already.This is a very unfortunate albeit popular misconception. All BTC transactions can be seen by the public, and by giving out your wallet address to someone, the person is able to see all the payments youve sent and received. The black market (weapon manufacturers and drug dealers) created a solution for this. They basically created software that mixes your coins with other coins. Nevertheless, the softwareneeds to be trustedandmay not work correctly, which is pretty bad when your freedom depends on it. Monero has the mixing system built-in. This makes it perfect for any kind of black market. A popular darknet market adopted Monero, and this is how the currency got its first big growth boost.

Monero is an open-source, privacy-oriented cryptocurrency. The developers involved introduced this innovative cryptocurrency without setting aside any for themselves. The team has relied on donations and the broader community to further development. Monero was launched in April 2014 read here more on monero.

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Sia is a cryptocurrency set to dramatically change the way we look at enterprise cloud storage, and the technology is no doubt set to transform data storage in the future. It has its eyes set firmly on a market currently dominated by Google, Amazon, Microsoft, and Dropbox.

Traditional cloud storage services such as DropBox upload customers data to a central ecosystem. The data is controlled here and thus exposed to all sorts of shady shenanigans such as personal data misuse, accidental loss, and database breaches.

With Sia your uploaded files are encrypted, broken up into tiny pieces and then spread across multiple hosts. This means superior redundancy (multiple copies of your data are securely stored across multiple hosts) ensuring data loss and snooping is no longer a problem.

What makes Sia so great is that anyone can participate and get paid for leasing their spare storage space. This is something many of us have with the price of hard drives being so low. When a host and an uploader connect a contract is formed. This contract is called a smart contract. It allows the renter to receive payments in exchange for their storage space being used.

Given SiaCoins potential, we strongly believe it is seriously undervalued. In fact, there are hundreds of other coins out there without a fraction of the usefulness of Sia. Read more on what is sia coin here.

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Factom is a blockchain-based system that runs on top of Bitcoin. Factom is optimized to store millions of realtime records with a single hash. Factom allows companies to create immutable database, and they store database in their own blockchain, create a hash of that data, and store it in the bitcoin blockchain.

Factom is useful for all kinds of business apps, and they have got a huge contract with more than 25 smart cities in China. They are also working with other countries to create immutable database, which will allow government to secure their data. Factom had initially raised 5.3 million dollars in its Series A funding, but the company is so appealing that private investors were compelled to increase their investment in Factom. Factom raised a total of 8 million dollars in April 2017 from various high-profile investors, including Tim Draper, Stewart Title, and Bill Gates. See more on Factom cryptocurrency here.

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When managing transactions, most crypto technologies are based on decentralisation. However, Ripple has a more traditional approach and it takes the idea of banking and in particular SWIFT transactions and provides a much needed upgrade by utilising blockchain technology.

Currently, when sending cross border fiat transactions money goes through multiple intermediaries. This can take weeks to complete. The process is not only limited to those banks in the loop but is also riskier because when unaffiliated banks are working with each other, they have toissue IOUs, which means a sending bank has less security should a receiving bank suddenly collapse.

Ripple addresses all these shortcomings by providing cheaper, instant transactions. These transactions are initiated using a single currency, XRP. Ripple and XRP are two parts of the same project. However, given XRPs integral role and future use cases as a currency used by the general public, the price of XRP has rocketed in the last few months reaching nearly $0.30 at the time of writing this article.

Ripple was introduced in 2012, and there are also over 100 banks worldwide that are currently working with the Ripple team and trailing the system, including CIBC, ATB Financial, UBS, Reisebank, Santander, UniCredit, BMO Financial Group, Shanghai Huarui Bank, Abu Dhabi Bank, Standard Chartered, etc.

The technology will likely become the new defacto standard for financial institutions and banks wanting to transfer funds worldwide. In the future, it will become the currency of choice recommended by banking institutions and governments for general use. This makes Ripple well worth a sizable investment now.

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Stratisis not coin. It is an end-to-end blockchain development platform that allows for complete sidechains that are non-disruptive to the primary blockchain. Stratis was one of the biggest risers in April and May of this year, and it is currently sitting comfortably at 8th position on CoinMarketCap.

The project opens up a world of possibilities for developers, and is seen as a direct competitor to Ethereum. Ethereum allows for smart contracts. However, they all exist on the primary blockchain. Smart contracts on Stratis eliminate this risk and live on their own true sidechain.

Its language choice is what gives this project a clear advantage. It allows developers to code decentralized apps in an existing, widely adopted programming language, C#, which is a huge advantage because it allows any current C# developers to begin exploring the platform, its uses and blockchain power with a minimal learning curve. This will undoubtedly lead to faster adoption and growth. Also, the project has backing by Microsoft and a very active development team. All these features make Stratis a winning project to invest in.

Stratis also recently announced its Breeze Wallet. This is a specialist wallet that aims to increase the privacy of both Bitcoin and Stratis platform users. This Bitcoin wallet will have Tumblebit built in, which is an incredible deal and will raise awareness of Stratis tenfold. This will likely trigger a price hike. Read our in-depth article on Stratis coin here.

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Golemis built on top of the Ethereum blockchain. Golem is a project run by the group of Polish programmers. It is on track to becoming the worlds most powerful decentralised supercomputer. This supercomputer will process anything from scientific research in academia through to rendering the latest block buster movies, and once complete users will have supercomputer processing power at their fingertips.

However it does not stop there. Golem can also be used to process or mine any big data, for example identify trends in environmental changes, predict stock market movements, help assess and discover cures and better medical solutions, etc.

Its unlimited use cases is what makes the project exciting. Users earn GNT tokens by leasing unused processing power. These tokens can be re-used on the platform or traded on an exchange at the current market rate.

The technology is currently in its alpha stage. It can be downloaded and installed by anyone. Golem aims to eventually have Smartphones, huge data centres, laptops, and everything in between contributing to its ever growing cache of processing power, and with more and more processing power required everyday investing in Golem is a must for investor.

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Zcashis a crypto that aims to solve the same issues Monero does. Zcash leverages zero-knowledge proof constructions called zk-SNARKs. These constructions allow two users to exchange information without revealing their identities. The bitcoin blockchain contains records of the participants in a transaction, as well as the amount involved. On the other hand, Zcashs blockchain shows only that a transaction took place, not who was involved or what the amount was.

Zcash was founded by Zooko Wilcox in October 2016, and it is the result of continuous efforts by developers to create cryptographic protocols that offer greater privacy.

It is important to note that the use of Zcash is not just for cybercriminals who engage in illegal transactions in the dark web. There are a number of legitimate reasons why a user would opt for anonymous cryptocurrencies such as Zcash, including a couple who are into eye-brow raising bedroom toys; an entity who would like legal services for a private matter like bankruptcy; a company who would like to protect its trade secrets or supply chain information from competitors; an individual with a chronic medical condition who would like to buy his pills online anonymously; etc. These are all examples of individuals seeking anonymity for privacy reasons.

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This project has all the ingredients required to be extremely successful. The concept is awesome connecting the publishers and advertiser without the middle man and his commission. People getting paid for their attention (hence basic attention token) and advertisers getting more awareness for their money while also having happy publishers who get more money as well (no middleman fees).

TEAM: The CEO is the creator of JavaScript as well as co-founder of Firefox and Mozilla. They brought on board a lot of people with proven track record. I personally invest on people before anything else, and this has made it a no brainer. PRODUCT: Already there, Braver Browser is awesome I personally use it since 2 months ago and loving it for its speed and ads blocking features.

Heres the list of some BAT funders: Founders Fund, Foundation Capital, Propel Venture Partners, Pantera Capital, DCG, Danhua Capital, and Huiyin Blockchain Venture

Those firms have a lot of interests in increasing BAT market cap and they have very deep pockets. I wont be surprised if all of the sudden, the price just moon extremely high in a very short period of time.

The Anonize algorithm is built in a way that the user privacy is respected while publishers will be able to target effectively their users.

You might consider trading coins on Binance as it has by far lowest fees of all major exchanges. It is a new hit exchange that is surging to top of trading volume lists and receives heeps of praise from users.

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IOTA is launched in 2015 and goes beyond blockchain through its core invention of the blockless and quantum-resistant Tangle. The digital currency iota has a fixed money supply with zero inflationary cost.

IOTA offers zero-fee transactions & no no scaling limitatins on how many transactions can be confirmed per second. Further, unlike blockchain architecture, IOTA has no separation between users and validators (miners / stakers); rather, validation is an intrinsic property of using the ledger, thus avoiding centralization.

IOTA is focused on being useful for the emerging machine-to-machine (m2m) economy of the Internet-of-Things (IoT), data integrity, micro-/nano- payments, and other applications where a scalable decentralized system is warranted.

Their team is specific, they sometimes come across as arrogant and even rude, but they certainly seem to be very capable and intelligent crew. The machine to machine communication is the future and IOTA might be the technology that will fuel that communication.

There have been lots of good news for IOTA in the recent couple of week and that caused a big rally in prices and market cap. Some of the alleged partnerships they announced raised some eyebrows and questioning from the community, but nevertheless the concept and the team make a good combo and IOTA certainly holds a lot of potential in the future.

You might consider trading coins on Binance as it has by far lowest fees of all major exchanges. It is a new hit exchange that is surging to top of trading volume lists and receives heeps of praise from users.

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Binanceis a popular cryptocurrency exchange out of China thats been gaining momentum over the past few months. Its been quickly gaining ground in cryptocurrency market share, and as more people begin to use Binance, the price for Binance Coin (BNB) will also increase.

Binance is known for its fast transaction processing as well as its low trading fees (0.1%). Binance promises to offer strong performance, usability, and security. The Binance technology is capable of processing 1.4 million orders each second. This makes it a world leader in potential exchange volume.

Binance Coin allows you to get 50% off all trading fees.

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Most promising Altcoins and ... - Captain Altcoin

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