THE 6 MOST PROFITABLE CRIPTOCOINS AFTER BITCOIN

in crypto •  7 years ago 

THE 6 MOST PROFITABLE CRIPTOCOINS AFTER BITCOIN

Ethereum (coin with long life)

Instead of competing with Bitcoin like many other criptomonedas, Ethereum complements it. And is that Ethereum is not a simple cryptonnet. It is an operating system that allows users to create applications based on virtual currencies that can go beyond their simple financial use.
You can use Ethereum to create custom crowdfunding platforms, stand-alone digital companies, and even your own cryptones. Thus, if a person decides to set up an application to make transactions, or what is the same, send money to other people, you can create a virtual currency of your own to measure the service you intend to offer.
However, the appeal of Ethereum is not in these currencies, but in the contract that creates the system once we open the new application. As the Coin Desk website explains, "A contract is an automated agent that creates the Ethereum system to receive and send transactions, and to keep the balance of those transactions." Here is the innovator of Ethereum, which not only establishes a system that is beyond the control of banks and monetary authorities, but also runs away from the legal system.
Ethereum's money is called Ether and is used by clients of the platform to make payments to other people or machines that perform requested operations.

Currently around $ 300USD

Litecoin

If Bitcoin were gold, Litecoin would be silver. Litecoin is a criptomoneda that allows instant payments and almost zero cost to any part of the world. The advantage of Litecoin is that it provides transaction confirmation times faster than any other. It is a super simple network for those who need to move small amounts of money quickly.

Currently around $ 40USD

Ripple (great for tradeing)

While other criptomonedas avoid banks, Ripple was created for the banking system as it allows them faster and cheaper global payments. In the usual system, cross-border transactions require an intermediary (and sometimes several) between banks, which delays its completion. Ripple offers a faster and more direct alternative. For example, if a client of a bank in Spain wants to send a payment to a client of a bank in China, Ripple immediately checks both banks for their transaction fees and makes the transfer in a matter of minutes.

Ripple works as if it were a credit institution that serves other nodes or users with whom it maintains a relationship of trust, that is to say, credit transactions (exchange of funds or loans) are carried out within a circle of users with whom A relationship of trust is maintained (we know we can "trade" with them). When this relationship of trust exists between the participants in the network, the sum of all these connections generates a network of users and "entities" between which credit flows and, therefore, among which economic transactions can be carried out.
This greatly simplifies regular transactions for consumers around the world.

Currently around $ 0.30USD

Dash (quiet but safe)

Although Dash can be used for transactions between consumers, it was intended for daily use, for shopping. We could think of Dash as a substitute for PayPal. Many establishments accept Dash as if they used the country's current legal tender, but the transaction is faster. You do not have to wait a day or two to see the payment charge on your account.
Another advantage is that it allows you to keep the privacy of your finances similar to cash.

Currently around $ 175USD

Zcash (profitable in mining)

If you want to maximize confidentiality, this criptomoneda is yours. In fact, it is identified as the first cryptomoneda of "zero knowledge" for its ability to protect the ideas of all, both the senders and the recipients and even the amount of all the transactions we do in its blockchain.

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i would love if we didnt have paypal anymore....their fees are insane, and they arent the best company either, would be nice

yes is very expensive just like xapo wallet too but we need paypal for some transactions. payeer is another option but dont like so much