Popular and expensive: guide cryptocurrency

1. Bitcoin (BTC)

Average rate - about 2600 dollars.
Market capitalization (the value of all existing bitcoins) - 41.8 billion dollars.

This is why, in fact, a boom cryptocurrency. Network bitcoins (bit - information unit, coin - a coin) was launched in January 2009, when Satoshi Nakamoto (Satoshi Nakamoto - the alias of one or more programmers) published a client program code for a new decentralized payment system.

The maximum number of coins in the Bitcoin system - 21 million. At the moment, it produced more than 16.4 million bitcoins. According to forecasts, the issue of new coins will be completed by 2140.

Until August 2010 bitcoin not worth virtually nothing. Then the price started to increase from 0.06 to nearly 3000 dollars. Today it is the most expensive and trudnodobyvaemaya cryptocurrency.

In May 2010 there was the first exchange bitcoins the goods: 10 million units this cryptocurrency two pizzas were sold.

At the end of June 2017 one of Moscow's restaurants became the first Russian institution to accept payment Bitcoin.

2. Ethereum (ETH)

Average rate - about 300 dollars.
Market capitalization - more than 28.6 billion dollars.

Ethereum (or ether) was proposed by the founder of the magazine Bitcoin Magazine, a Canadian of Russian descent Vitalik Buterin in late 2013.

This open software platform based as Bitcoin, on blokcheyna technology (circuit containing all transactions). With it, developers have the tools to create a variety of decentralized applications without intermediaries. Examples can be seen here.

They are based on the so-called smart contracts: applications run in strict accordance with the rules laid down originally and algorithms.

This cryptocurrency is today one of the most popular in miners.

3. Ripple (XRP)

Average rate - 0,278 dollars.
Market capitalization - about $ 10.5 billion.

Ripple - it cryptocurrency and distributed payment system open source. It launched in 2012 to provide immediate, safe and virtually free (with a meager commission, which is destroyed) the financial transactions of any size.

Inherently XRP similar to bitcoin: This cryptocurrency based on mathematical formulas, it is decentralized, each wallet system contains a history of all transactions.

But there are differences. Traditional blokcheyn as in the case of Bitcoin, Ripple uses. Maini this currency is impossible: all the coins have been created. They can be bought in exchange or exchanges.

XRP recognized by a number of large banks. In this cryptocurrency invested some venture capital funds.

4. Litecoin (LTC)

Average rate - about 40 dollars.
Market capitalization - more than $ 2 billion.

Litecoin - cryptocurrency created by former Google employee Charlie Lee (Charlie Lee) in October 2011 as an "evolved" Bitcoin and on the basis of its open source.

Max Litecoin, which can be extracted, - 84 million (at present there are over 51.7 million units). Algorithm of mining this cryptocurrency similar bitkoynovskomu. However, the blocks for which the award is paid in the form Litecoin to four times faster.

5. Ethereum Classic (ETC)

Average rate - about 18 dollars.
Market capitalization - about $ 1.8 billion.

Ethereum Classic - the younger brother of ether. This cryptocurrency has all the same features, including smart functions contracts. We created it in the summer of 2016 as a result of hard-fork (hard to change the rules in the functioning of the protocol) Ethereum network.

The reason for this was a hacker attack on The DAO - decentralized venture capital fund, established for projects related to cryptocurrency. 28 days through crowdfunding The DAO has collected a lot of air - to 168 million dollars. But in the smart contract discovered vulnerability. Who found it a hacker managed to bring about 3.6 million of (at that time about 50 million dollars).

To return stolen, it was decided to make a hard fork blokcheyna Ethereum, resulting in a chain of transactions, a new block.

6. NEM (XEM)

Average rate of - $ 0.17.
Market capitalization - 1.55 billion dollars.

NEM (New Economy Movement) developed in Japan to open its own code, and supported by Japan's largest operator kriptovalyutnoy Exchange ZAIF. NEM - and it cryptocurrency technology platform.

Feature NEM - use POI algorithm (Proof of Importance). Definition of the user who will be engaged in the generation of the next block depends not only on its share (as is the case with other cryptocurrency), but also on the activity - the number of committed transactions. Thus prevent developers hoarding and encourage the use of NEM as currency.

production process - creating blocks - called harvesting (from harvesting the - harvesting). Developers set the minimum size of the purse for collectors - 10 000 XEM.

The number of coins is limited and XEM 9 billion. Conduct additional issue of the developers do not plan to.

7. Dash (DASH)

Average rate - about 180 dollars.
Market capitalization - more than $ 1.3 billion.

At the time of launch (January 2014) called this cryptocurrency Xcoin, and a little later - Darkcoin.

Dash - it cryptocurrency and decentralized international payment system open source.

Her feature - the ability to carry out anonymous transactions, which provides a mechanism called DarkSend. Dash also has a decentralized management. The decision on any changes in the network shall take all its participants: they can bring any matter to a vote for a small fee.

In June 2018 the developers intend to launch Dash Evolution - a decentralized platform for kriptovalyutnyh payments with minimal commissions for sellers and zero - to customers.

8. IOTA (MIOTA)

Average rate of - $ 0.38.
Market capitalization - more than 1 billion dollars.

This is different from other cryptocurrency new project: the creation of an exchange network for the Internet of Things (Internet of Things - area network physical objects with embedded technology). On exchanges IOTA appeared a few weeks ago.

Cryptocurrency basis - not a traditional blokcheyn (in this case the blocks as there are none), and Tangle technology that allows to perform transaction without payment.

Cryptocurrency feature is that the user can not carry out a transaction without checking the previous two. Thereby it helps to increase network security.

The rate of this scheme is to carry out micro-and even nanotranzaktsy without any fees (which, as we know, there may be more than the translation itself). Incentive in this case - the very use of the network: the more often a user does this, the more there is of inspections and, respectively, above its effectiveness.

Announced that IBM and Qualcomm Inc. actively study and test solutions on the basis of the IOTA.

9. BitShares (BTS)

Average rate of - $ 0.27.
Market capitalization - 708 million dollars.

BitShares - an electronic trade kriptoplatforma, A decentralized market cryptocurrency based on blokcheyna technology. BTS is a built-in payment instruments that platform.

Networking is based on the proof of rates rather than transactions, as is the case with Bitcoin. For processes at BitShares, is responsible for running the algorithm decentralized autonomous companies (DAC - Decentralized Autonomous Companies).

platform feature - the absence of the usual for such marketplaces risks: theft, blocking funds in the account, closing the site and so on.

10. Monero (XMR)

Average rate - 47,7 dollar.
Market capitalization - 701.5 million dollars.

It cryptocurrency open source, a feature which - anonymous cash transaction. Monero runs on CryptoNote algorithm using database transactions in the form of blokcheyna.

prospective cryptocurrency

Cryptocurrency listed below are some of the most expensive on the market.

Zcash (ZEC)

Average rate - 342 dollars.
Market capitalization - 532 thousand dollars.

The peculiarity of this cryptocurrency - confidentiality and selective transparency transactions. Information about payments are published in the public chain of blocks. However, the evidence used Zcash zero-knowledge protocol: the sender, the recipient and the amount of the transaction remain hidden.

The developers believe that this improved blokcheyn.

Byteball (GBYTE)

Average rate - 816 dollars.
Market capitalization - 208.4 million dollars.

Byteball cryptocurrency called new generation. It is not the usual blokcheyna, it works on the basis of DAG (each new transaction refers to the previous "parent" translations, forming a kind of "tree"). In no Byteball of mining: transactions are supported by trusted users.

Developer - Anton Churyumov - used an unusual method of distribution cryptocurrency: he distributed it free to all owners of bitcoins, which confirmed the purse in Byteball network.

Gnosis (GNO)

Average rate - 217 dollars.
Market capitalization - 240.5 million dollars.

gnosis - decentralized platformBuilt on the basis of Ethereum to create prediction markets, modeling of upcoming events.

The main idea - the increase in value due to the activity of users: the more projects on the platform, the greater the benefit.