Dash
Dash (DASH) is an open sourced, privacy-centric digital currency with instant transactions. It allows you to keep your finances private as you make transactions without waits, similar to cash, Criminal Organizations have been using Dash coins due to its healthy value and anonymity for its trace , The biggest factors also include the supply and demand. Currently there is approximately 7,500,000 coins available for supply (which is not a lot). Which means there is not enough coins for the demand, so grab your coins while you can.
Steem
Steem is a blockchain-based social media platform where anyone can earn rewards. Cryptocurrency tipping platforms require users to give something up to reward other for their contributions. With Steem, rewarding others is as simple as voting for a post, such you may on Reddit, or as you would Like a post on Facebook. The blockchain distributes payouts as 50% Steem Power for voting and 50% Steem Dollars. Rewards are distributed by the blockchain, similar to how miners are paid by Bitcoin, and occur roughly 24 hours after content and votes have been submitted. Steem is a form of esteem, which means to prize or value. Steem is also a homophone for steam, which is frequently associated with power, and a step further, steam powered trains gave influence to English idioms, such as ‘this conversation is picking up steam.’ The associations with prizing, language and empowerment only felt right.
Litecoin
Launched in the year 2011, Litecoin is an alternative cryptocurrency based on the model of Bitcoin. Charlie Lee, a MIT graduate and former Google engineer, is Litecoin's creator. Litecoin is based on an open source global payment network that is not controlled by any central authority. Litecoin differs from Bitcoins in aspects like faster block generation rate and use of scrypt as a proof of work scheme.
Litecoin has been around for a long time. It’s one of the first Altcoins in existence , has the second most secure blockchain, next to Bitcoin It’s almost identical to Bitcoin. So any trust and adoption rate of Bitcoin should bleed over to Litecoin, transactions are much faster than Bitcoin, right from its inception, Litecoin is also scarce, like Bitcoin (capped at 84 Million). This will potentially peg its value to at least 25% of that of Bitcoin.Coinbase now sells Litecoin. Coinbase is a great exchange that doesn’t participate in altcoins that pop up willy nilly. If Coinbase adopted Litecoin, there’s probably some merit in its decision.
Sources: Various including steem.io
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Very good article. Thanks for bringing this to my attention. It's surprising how much uneducated investors the crypto space has. You still see people invest in this shady and scammy coins. We really need more insights in the market and previous investment results (even though they don't deliver any guarantee for the future). An interesting website I found: https://www.coincheckup.com I'm really happy with this site that gives complete coin analysis for every single crypto.
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