Market value ranking of digital cryptocurrency
bitcoin (BTC)
issue date: 2009
market value: US $163 billion
advantage: as the first cryptocurrency issued, bitcoin is the world's largest and most popular blockchain network and the most experienced cryptocurrency that can resist hacker attacks
disadvantage: the increasing demand brings great pressure to bitcoin network, which makes the transaction cost high. The system can only process about seven transactions per second, but its power consumption is amazing. This is mainly e to its workload proof mechanism and consensus principle, which makes mining become a labor-intensive activity
eth
release date: 2015
market value: US $70 billion
advantage: its built-in programming language allows developers to write their own smart contract computer programs running on the blockchain. So far, most of the first token sales are based on Ethereum's smart contracts
Disadvantages: Ethereum also uses the consistency protocol of workload proof, so it is relatively slow and consumes a lot of power. Many early smart contracts are vulnerable to hacker attacks, and the development of smart contract security is still immatureXRP
issue time: 2012
market value: US $32 billion
advantage: XRP claims that its XRP cryptocurrency can become the "bridge currency" of major financial institutions, and can settle cross-border payments more quickly and at lower cost. Ruibo uses a new consistency protocol, which can achieve faster transactions, faster than t-coin and Ethereum
disadvantages: as a private company, Ruibo has important control over the system, some people think that XRP is not decentralized enough, which is in contrast to bitcoin, which anyone can mine
bitcoin cash (BCH)
issue time: 2017
market value: US $19 billion
advantage: this kind of currency is a "hard fork" of bitcoin, and its founder has adjusted compared with bitcoin, so that it can handle a larger transaction volume
disadvantage: critics say bitcoin cash is too centralized - a few miners create most of the money
lightcoin (LTC)
time of issue: 2011
market value: US $10 billion
advantage: lightcoin is a kind of "alternative currency" - almost a clone of bitcoin, but there are still several differences. Lightcoin processes transactions four times faster than bitcoin, and the mining process remains open to amateurs - very different from bitcoin, because bitcoin's professional miners use expensive hardware
disadvantages: although it is faster than bitcoin, lightcoin is still too slow and consumes a lot of power. These factors make it unable to become an ideal payment method, and there is another disadvantage: it is not very famous
recommend an article: brief introction of the top 100 currencies in the market value ranking of digital currency. This article summarizes the brief introction of the top 100 currencies in the market value ranking (according to the market value ranking of coinmarket cap on July 30, 2018), hoping to be helpful to friends who have just entered the currency circle
The top three are bitcoin, Ethereum and reborn. As shown in the figure below:
of course, the token market value of crowdfunding projects on coin Ying China platform is different, and is not included in the ranking
many netizens who are particularly interested in some virtual currencies learn about the trend of some virtual currencies through some channels or news in their daily life. And many people will also find that, such as some dog I coins or other Ethereum and so on, these virtual currencies have a strong upward trend. So for these investors, they also try their best to invest in some of these virtual currencies
mainly because it is part of this kind of alternative currency, which also refers to imitating a kind of digital token like bitcoin. And it's the same with some cryptocurrencies that we know in our daily life. It also has a certain use, and it has become a tool for some speculators. But a virtual currency like this is also causing some concerns. Will a rising price trend cause some financial bubbles? p>
then take the subway Luobao line (line 1) (5 stops) to the subway Exhibition Center Station D exit
walk about 300 meters to the north gate (main gate) of the Convention and Exhibition Center