What digital Cryptocurrency is the most popular (the most potential digital Cryptocurrency)

what digital Cryptocurrency is the most popular

what digital Cryptocurrency is the most popular on December 19, 2018, according to a report released by CoinShares, an investment institution of Cryptocurrency, although the price of bitcoin has plummeted, the total market value of other digital tokens has increased five times. The most popular digital asset among them is XRP (Ripple), with a market value of up to $800 million

But at the beginning of 2017, the encryption market collapsed, and many investors turned to encryption projects such as Bitcoin and Ethereum to hedge their losses. At the end of 2017, due to the market downturn, some counterfeit currencies experienced a downward trend. Since 2017, various counterfeit currencies have experienced a surge and are now gradually returning to normal. At present, there are many different types of Cryptocurrency in the market, such as mainstream digital assets such as BTC, ETH and BCH; Another is called ADA, a decentralized Cryptocurrency issued by the American blockchain company A16Z

The most promising digital Cryptocurrency

Editor’s note: This article is from the Caiyun blockchain (ID: cybtc_com), and Odaily Planet Daily is authorized to reprint it

In the past year, we have seen the development direction and application scenarios of various digital Cryptocurrency, including Ethereum, Polkadot and Tezos (XTZ). These projects have proven that they have real potential to develop and become mainstream technologies for future development. Let’s take a look at the most promising and promising digital currencies. 1. Ethereum (ERC-20 token) and Polkadot (DOT)

are currently in the whole market, and the two largest projects are ETH and XRP. However, although they have achieved some successful achievements, these two types of tokens have not been widely understood or used by the public. Therefore, although they are very popular, they also face a problem: Why do they need a technology that can interoperate with other Cryptocurrency? Because these are all implemented through different protocols. And this method not only helps integrate smart contracts into existing applications but also enables mutual conversion; And there are many other use cases – such as decentralized autonomous organizations (DAO); In addition, they can also start with products based on smart contracts 2. Polkadot: Polkadot is a network composed of multiple parallel chains that can be used for asset exchange across different networks. Its purpose is to solve the problem of high transaction costs of Ethereum, so as to introduce more value to the ecosystem. It also provides a new platform for developers to build tool suites based on that platform

3. Bitcoin Cash cash (BCH):

BTC is the first world reserve currency to completely replace the US dollar. As people increasingly realize the powerful functionality and practicality of Bitcoin, they are looking for cheaper and easier to use currencies for payments. Due to the belief of many people that this is a better form of currency, the demand for Bitcoin is also increasing, resulting in an increasing adoption rate of Bitcoin. 4. “Polkadot”: “We believe that if we want to transfer our assets and gain profits, we will see a lot of liquidity.” 5. Bitcoin Lightning Network:

Lightning Network is a functional software solution that allows users to easily send, receive and store any type of funds, which is one of the most available software in the market at present. This process mainly relies on a “distributed” database, rather than relying on traditional central bank accounts. The “Lightning Network” aims to make the blockchain seamless while keeping private and transparent. It utilizes its unique data structure and low-cost computing power to provide instant confirmation for transactions on the blockchain, thereby eliminating situations such as fraud and incorrect information, allowing participants to quickly execute transactions without third-party intervention. 6. Ethereum

1. ETH2.0 deposit contract (ERC-721): beacon chain (Lido).

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