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Do You Think That Bitcoin Is The Only Cryptocurrency Worth Investing?
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[QUOTE="caesiumlabmedia, post: 183093, member: 52106"] Before we go into Bitcoin alternatives, let's take a step back and define what we mean with terminologies like cryptocurrency and altcoin. A cryptocurrency is a sort of virtual or digital money in the form of tokens or "coins." Other than Bitcoin, I've listed some of the most important digital currencies below. [B]1. Ethereum[/B] Ethereum, the first Bitcoin alternative on our list, is a decentralised software platform that allows smart contracts and decentralised applications (dapps) to be written and run without the need for third-party downtime, fraud, control, or intervention. [B]2. Litecoin[/B] Litecoin is based on an open-source global payment network that is not centralised and employs "scrypt" as a proof of work that can be decoded with consumer-grade CPUs. It has a quicker block creation rate and thus a faster confirmation time for transactions. [B]3. Cardano[/B] Cardano's blockchain is considered to be capable of more than its proof-of-stake peers and other big cryptos, making it stand apart. Cardano is still in the startup phase. While it has beaten Ethereum to the consensus concept of proof-of-stake, it still has a long way to go in terms of decentralised financial applications. [B]4. Caesium Caesiumlab’s[/B] TIME Blockchain is a decentralised blockchain network that allows users to earn CAESIUM tokens as a reward by staking and spending Active Time (POT) (POS). In the TIME blockchain, Proof of Work (PoW) makes it simple to offer security and validate non-fungible assets (NFA). TIME's integration with the CAESIUM token enables network members to build new digital assets from TIME Blockchain's large ecosystem. [/QUOTE]
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Do You Think That Bitcoin Is The Only Cryptocurrency Worth Investing?
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