Top 5 most Valuable Crypto Currencies in the World

Everyone wants to earn money. As you know, one of the most simple ways to earn money is by investing in Crypto Currencies. You can earn more money by investing in high-value currencies. The Crypto Currency was invented by an unknown person or group of people named Satoshi Nakamoto in 2008. You can know more about the most valuable cryptocurrencies by reading this article.

1. Bitcoin (BTC)

Bitcoin (BTC) is a decentralized digital currency or without a central bank or single administrator. Bitcoin can be sent from one user to another user on a peer-to-peer bitcoin network without the need of intermediaries; this network is called Blockchain. Bitcoin (BTC) began in use in the year 2009. Now, Bitcoin (BTC) is the no.1 most valuable currency in the world. Bitcoin can be exchanged for other currencies, products, and services, but the real-world value of the coins is extremely volatile. Research produced by the University of Cambridge estimated that in 2017, there were 2.9 to 5.8 million unique users using a cryptocurrency wallet; most of the crypto users or crypto wallet holders use Bitcoin.

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2. Ethereum (ETH)

Ethereum (ETH) Ethereum is a decentralized, open-source blockchain with smart contract functionality. Ethereum (ETH) is the native cryptocurrency of the platform. After Bitcoin (BTC), Ethereum (ETH) is the largest cryptocurrency by market capitalization and the second most used cryptocurrency in the world. Ethereum is the most actively used blockchain. Ethereum is a technology that's home to digital money, global payments, and applications. The community has built a booming digital economy, bold new ways for creators to earn online, and so much more. It's open to everyone, wherever you are in the world – all you need is the internet. Ethereum was introduced in 2013 by programmer Vitalik Buterin. In 2014, development was crowdfunded, and the network went live on 30 July 2015. The developers of Ethereum are Ethereum Foundation, Hyperledger, Nethermind, OpenEthereum, EthereumJS 

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3. Litecoin (LTC)

Litecoin was released via an open-source client on GitHub on October 7, 2011, by Charlie Lee, a Google employee who later became Engineering Director at Coinbase ( cryptocurrency exchange and wallet software). The Litecoin network went live on October 13, 2011. The developer of Litecoin is Litecoin Core Development Team. Due to Litecoin's use of the script algorithm, FPGA and ASIC devices made for mining Litecoin are more complicated to create and more expensive to produce than for Bitcoin, which uses SHA-256. Miners are currently awarded 12.5 new bitcoins per block, which gets halved roughly every 4 years (every 840,000 blocks). Therefore, the Litecoin network is scheduled to produce 84 million bitcoins, which is 4 times as many currency units as Bitcoin.

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image source: en.wikipedia.org

The contents of the article are made by reviewing many websites.