The Big 5 Crypto Currencies

Since the inception of cryptocurrencies, some have been able to stand out from the crowd as one of the most valuable. These most valuable are called the Big 5. They are; Bitcoin, Ethereum, Ripple, Litecoin and Verge.

Bitcoin (BTC)

Bitcoin is the first developed crypto platform. It was developed and launched by an anonymous person who goes by the moniker Satoshi Nakamoto. It was launched in 2009 and since then it has gone on to become the most valuable crypto platform in the world. The Bitcoin crypto was developed to ensure that people can carry out fast transactions. There are over 17 million BTC tokens in circulation and this platform has a block time of 10 minutes which makes it less scalable.

Ethereum

Ethereum happens to be the second most valuable crypto platforms in the world. It is a platform that was designed to ensure that users all over the world can develop decentralized applications (DApps) on their network. This platform handles smart contracts as well. This blockchain 2.0 platform happens to have one of the most stable blockchain technologies in the world. On the Ethereum network, about 10 to 15 transactions can be carried out in just a second.

Ripple

This blockchain based project is a payment settlement system. The Ripple network over the years have gone on to be one of the most innovative cryptocurrencies in the world. It was developed to ensure that users can be able to carry out fast, secure and cheap transactions. With the help of its native coin XRP, this platform seeks to help conventional banks to offer faster transactions. The Ripple network has been described as one of the fastest crypto platforms as it offer ultrafast transactions across borders.

Litecoin

This is an open source P2P (peer to peer) blockchain based platform. Developed by Charlie Lee, this crypto platform has been described at the on set as an advanced version of the Bitcoin network. It seeks to offer fast transactions and unlike the Bitcoin network, it has a block time of 2.5 minutes which makes it more scalable than the Bitcoin network.

Verge

This is also an open source project that offers users on their platform the privilege to carry out anonymous transactions. It does this by making use of a technology that hides the Internet Protocol (IP) and location of the user. Generally. The Verge network makes use of a distributed ledger but with the help of certain mechanisms adopted, the network ensures that users can be able to carry out transactions that cannot be traced back to them.

These big 5 cryptocurrencies have proven to show better result when investors invest in them all. The Cryptech Global is one of the best platforms that offers investors from all over the world the opportunity to ensure that they split their investment between all the top performing crypto platforms. According to the Head of the Cryptech Global Reuben Lau, the platform seeks to ensure that investors get real time performance of their various cryptos.