Cryptocurrency is taking the mainstream, with more and more people becoming aware of the currency. Many individuals see their future in crypto and want to ensure they have a stake in it. This article aims to make finding the right crypto exchange easier by discussing the top five cryptocurrencies in the market today.
Satoshi Nakamoto in the year 2008 brought a domain named bitcoin.org and later published a paper called the Bitcoin: A Peer to Peer Electronic Cash System. Satoshi Nakamoto became the inventor of bitcoin, and till date, no one knows about the person. The paper talked about the P2P network, which will work for electronics while being able to trust the transaction. Nakamoto mined block number 0, which got him the rewards of 50 bitcoins and rest was history. Today, bitcoin stands at top of their game when it comes to cryptocurrencies.
Ripple is a coin which was developed by the Ripple company, which is a real-time gross settlement system. It is referred to as the Ripple protocol or RTPX. The coin can be traced back to 2004, which was developed by a developer called Ryan Fugger, which had the idea to bring in a monetary system which will allow people to create their own money essentially. With that aim, XRP stands at US$ 0.233305 by cryptocurrency market capitalisation.
Ethereum was launched in 2015 by Vitalik Buterin who was a researcher at the Bitcoin magazine. He proposed that bitcoin needed a signature in a scripting language and decided to bring in a new platform which allowed people to understand the more general scripting language which one could buy with his proposal. This idea today came to Ethreum, who holds US$ 167.51in market capitalisation.
Born out of the idea of bitcoin on August 1, 2017, bitcoin cash came into existence. Bitcoin cash is a more practical idea which is made for small everyday transactions. Bitcoin payment allows one to take a four-day test unless a fee was paid. This allowed one to go ahead with small transaction allowing for the right everyday transaction bitcoin. A change was needed and implemented, which has made bitcoin cash the top currency today with a market capitalisation of US$ 339.02.
Bitcoin SV came into existence as the bitcoin cash split in Mid November 2018. It has one of the largest capitalisations with capital at US$ 296.60. The worth of each coin seems to be increasing with every day passing. This is one transaction which allowed people to have the right money when they are looking to have a transaction which is below US$ 100.