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Ten unpopular digital coins may carry the flag after Betcoin

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As fame spreads unequal in the world of human, it does the same in the world of encrypted currencies, you seeing currencies that are very popular, and others that are not. Therefore, today we will try to highlight on some of those currencies that are often not mentioned in the daily encrypted currencies conversations.

 

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Today we will forget if the Bitcoin is the world’s most famous, and we will forget some of its lesser-known sisters such as Ethereum, Bitcoin Cash, and even Litecoin, and we will go down the ladder of fame to reach our first currency of the day, Ripple.

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Rippel

Rippel
Rippel

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Ripple is the top of our list today, firstly because it is the most famous currency on the list, and secondly because it is the future successor to the Bitcoin, according to many specialists, and we can add the low price that makes the invest in it is very logically.

The currency was published in 2012 and is not extracted by mining, but the currency is formed as a network and used as a means of linking banks with payment providers in order to develop a means of sending money through the world. the current currency price to the moment of preparation of the report is approximately $ 0.58.

 

Dash

Dash’s currency has derived from the Bitcoin , and has received many improvements. This currency differentiate about Bitcoin that is a fast-paced verification of transactions, which can take up to 10 minutes for the case of Bitcoin, but only seconds when dealing with a dash.

The currency was launched in early 2014, initially named DarkcoinK, and then moved to the current name in 2015.

 

the current currency price to the moment of preparation of the report is approximately $ 351.

 

NEO

Neo’s currency is launched in China in 2014, and can be described as the Chinese market’s Ethereum. Currency officials call themselves the “open network of the smart economy.” The definition of the smart economy in the Neo’s currency is the sum of three things: The first is digital assets, the second is digital identity, and the third is a smart contract.

So Neo is a project that depends on block chain technology to convert the assets that we deal with into digital assets, and then automate the management of these digital assets using smart contracts; to achieve a “smart economy” in the end.

the current currency price to the moment of preparation of the report is approximately $ 57.

 

 NEM

The project was launched in Singapore in 2014, this is a project built from scratch, that is, it did not come to develop any previous project, and was not derived from another currency.

According to project developers, Nem will make from the development of the block chain technology in general easy , and will improve the performance of applications based on this technology, and will play a critical role in making these applications more secure.

The current currency price to the moment of preparation of the report is approximately $ 0.25 .

 

Monero 

Monero is another open source project built from scratch, not derived from a previous project, and the currency was launched in 2014.

 

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The Monero process can be mined, it is a currency developed by an reporter of the same name, it is generally aim to develop dealing with digital currencies and solve problems that faced Bitcoin.

 

The current currency price to the moment of preparation of the report is approximately $ 192 .

 

Ethereum Classic

There is a close relationship between the Ethereum Classic coin and the Ethereum coin. Ethereum Classic was launched after a famous process of piracy and the theft of a large number of Ethereum coins. Therefore It is possible to say that this coin is derived from ancient Ethereum, with the aim of increasing reliability and protecting data.

This currency, like Ethereum, aims to manage smart contracts, which are done without the need for third side, as the normal contracts we deal with it today.

The current currency price to the moment of preparation of the report is approximately $ 16 .

 IOTA

The IOTA logo is the “economy of things”, that is a term derived from a known technology maybe  to everyone it is  “Internet of things” technology , which gives us a glimpse of IOTA’s that is based on a “Internet of things” technology  to building coin rather than block chain technology As  the case in all the previous currencies we discussed.

This currency is designed to solve some of the problems associated with block chain technology such as transaction costs, the ability to do it offline, not to mention the problem of scalability, which is the basic advantage of “Internet things” technology; because every day we add thousands of devices that connect to the Internet.

 

This currency was launched by the German firm Utah, and its current price is $ 1.2.

Qtum

We go back to the block chain technology with Qtum, which seems to have been able to benefit from both Bitcoin and Ethereum. It depends on the reliability of the Bitcoin and the unlimited capabilities that offered by  smart contracts . Thus, it can be concluded that this currency aims to develop smart contracts, and this making transactions easier, by eliminating the third party.

the current currency price to the moment of preparation of the report is approximately $ 15 .

 

OmiseGO

OmiseGo provides innovative financing solutions based on Ethereum technology, that Allowing transparency in conducting operations in a peer-to-peer method at a very fast time without the need for a third party. OmiseGo was built on a plasma platform with strong capital, making it jump to advanced positions so fast that it now stands at 22nd  in the world’s encrypted currency rankings. the current currency price to the moment of preparation of the report is approximately $ 9.8 .

 

 Zcash

The currency is launched in 2016, which is just like the Bitcoin currency, but the difference lies in the greater privacy offered by this currency. All transactions are recorded and posted on the block chain, but the details such as sender and recipient are kept private.

The current currency price to the moment of preparation of the report is approximately $ 211 .

 

These were only ten examples, but the existing digital currencies have reached the order of hundreds, and new coins are still appearing every day. In this article, we tried to highlight some of these currencies and give the overall picture of each of them, and certainly we cannot Touching all the details about them, but we welcome any additional information or inquiries.

 

 

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