Bitcoin was understood by many to become the most famous decentralized cryptocurrency. But besides bitcoin, there are other altcoins that exude a fantastic value too.
Are you really interested in learning about additional cryptocurrencies? Well, bitcoin isn't alone. Here are other people.
1. Litecoin (LTC)
Statistics show that as of July 2018, Litecoin had a per token value of $87.56. The coin was created by a former Google engineer and MIT graduate named Charlie Lee. You can choose a coin launch platform through the internet.
Just like bitcoin, Litecoin is not controlled by any central authority. It uses ''scrypt'' as proof of work. Different from bitcoin, Litecoin has got a faster block generation rate. This means that it offers a faster transaction confirmation.
The coin is based on an open source global payment network. The coin is generally accepted by merchants with the number growing each day. In July 2018, it had a market cap of $5.03 billion.
2. Ethereum (ETH)
ETH is a decentralized software platform. It enables Distributed Applications and Smart Contracts to be built and run without downtime, fraud, control or third party interference. There exists a component called ether which acts like a vehicle within the ethereum platform.
Developers seeking to develop and run applications within ethereum and investors aiming to purchases other digital currencies are the most interested parties in ether.