5 up-and-coming alternatives to Bitcoin
In this article we’ll talk about the history of Bitcoin and Ethereum and why new coins are on the horizon that may capitalize with additional innovation where these two heavy hitters are lacking.
When looking at cryptocurrencies today, we can see a vast amount of coins and tokens that are being offered to the market. At the point of this article, over 2'200 cryptocurrencies are being tracked by different sites.
These numbers make it extremely difficult to buy the right coin to make a
significant gain in this very volatile market.
However, there are a few exciting projects that we think you should look at.
First, there was Bitcoin
In 2008 amid the Global Financial Crisis, a whitepaper was released by the mysterious Satoshi Nakamoto, explaining the idea of P2P Digital Cash.
While the idea has already existed in the past, the whitepaper introduced the concept of a blockchain and Proof-of-Work consensus algorithm.
It was an original idea that proposed certain independence and decentralization from banks and traditional institutions but took its while to reach the eyes and ears of the mainstream finally.
