Rtvassen.com – The 5 Most Recommended Types of Cryptocurrencies – Cryptocurrencies or known as digital currencies are indeed used as virtual transactions over the internet network. This crypto has a decentralized nature, which means that in every transaction there will be no parties or financial institutions involved in it. Peer to peer, between the sender and you as the recipient directly.
Security issues have also been guaranteed and carried out optimally. You will need advanced computer specifications to operate cryptocurrency. You are also recommended to use blockchain to make various transactions easier, such as investing, buying goods or services, and mining. Here are 5 types of cryptocurrencies that are most recommended for you.
Did you know that this type of crypto is the most popular and the forerunner of other digital currencies? Satoshi Nakamoto is listed as the person involved in the emergence of Bitcoin in 2009 November. Unmitigated, to date, there are 18 million Bitcoins traded with a market value of 146 Billion US Dollars.
In 2017, precisely in August, Bitcoin Cash first appeared and became the choice for digital currency users. This is due to differences of opinion in Bitcoin. Several improvisations were made to make BitcoinCash widely chosen because it is considered better than its predecessor.
Under the MIT/X11 license, Feathercoin is an open-source crypto. This type of crypto was first created by Petter Bushnell in April 2013. It is known that Petter’s background is an IT worker at Brasenose College, Oxford University. This Feathercoin is also said to have similarities with Litecoin.
Like Feathercoin, Dogecoin is also said to have similarities with Litecoin. There is something unique about this crypto because it carries the Shiba Inu dog as Dogecoin’s mascot. However, who would have thought that this type of crypto which was also introduced in 2013 December has an active community in charities, donations, and other positive activities. Even though the exchange rate is the lowest.
Access speed is a concern for Litecoin’s birth as one of the most recommended types of cryptocurrency. 2011 was the start for cryptos that generate new blocks at a faster rate, even without the need for a powerful computing system. So that every transaction can be carried out at a high speed, and tends to be stable as a digital currency.