The Most Popular Coins in the World
Five the most popular coins
Bitcoin is a payment system which people use in all world. This coin is the first decentralized digital currency. This system works without support of Central Banks, that’s why the government of countries such India and Canada banned this coin. This network is peer-to-peer, it is mean that all transactions are done on a straight line, without third subject.
The network routes check all transaction. Everybody can see data of last transaction because this is publicly available. Bitcoin was created by Satoshi Nakamoto. Nobody knows who is he, somebody think that “Satoshi Nakamoto” is not name of Japanese person, it is group people who invented this project.
Bitcoin is legal cryptocurrency in Japan and people can buy for this money products and other services.
Ethereum is platform for the creation of decentralized online services based on the blockchain, this system work on the basis of smart contracts. Ethereum is open platform, which is capable of developing decentralized applications. This platform was created by Russian programmer, who name is Vitalik Buterin.
Ripple is an independent, decentralized payment system which has own open source. Users of this system can create different types of cryptocurrency, also users can make credit ties with each other. Ripple is a non-cash direct exchange of resources of different value without the participation of third parties. The big companies such as UBS and Santander use this system. Also banks take Ripple like payment networks in infrastructure technology.
EOS IO is very popular cryptocurrency token, which make 1 000 000 transaction per second.
EOS IO is free platform of developments for programmers, which has very quicly transaction processing capacity. This platform was created by experienced entrepreneur of Blockchain who name is Daniel Larimer.
Litecoin is peer-to-peer Internet currency, which has almost zero-cost payments anywhere in the world.This system has open source it is mean that Central organisation ca not control this digital currently