3 Cryptocurrencies you can’t ignore — part 1
I will be creating a new article series, where I will present a number of Cryptocurrencies that I believe will be of interest to my readers. People that are active members of the Cryptocurrency community, will be aware of the existence of these coins. I am aiming to provide value to those individuals by commenting on the potential and some use cases of the coin at hand. If you have been following my articles, you would be aware of the different existing Cryptocurrency categories (for more on that click here), of the different ways that the rational investor should allocate his Cryptocurrency portfolio (for more on that click here), as well as, on how to decide if a Cryptocurrency is worth investing in (for more on that click here). What about the actual Cryptocurrencies that exist out there though, and how do they differ from each other? Let’s have a look at three interesting projects in the Crypto space that offer a big potential for growth;
1. Ethereum (ETH)
Beginning off with one of my personal favourites :) “Ethereum refers to the Cryptocurrency that is generated on the Ethereum platform”. Created by Vitalik Buterin on 2014, Ethereum is an open-source, distributed computing platform and operating system which features smart contract functionality. The Ethereum platform, allows the development of decentralized applications, which are utilising the Ethereum Blockchain. Ether is the Cryptocurrency that is used in order to perform transactions on the network. Unlike Bitcoin which has a fixed supply…