The crypto-market is swamped with hundreds of cryptocurrencies. Although this can be a good sign for the market, some investors find it really hard to choose in which cryptocurrency to invest in. Despite the many options, there’s also another problem. You can never know the future of these currencies and that makes it even harder to decide what to do. Though the list is longer than these three, we will try to help you with your decision.
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IOTA
IOTA is blockchain based cryptocurrency. Its technology is focused on a very futuristic concept named Internet Of Things. The technology that defines IOTA it’s called The Tangle. Tangle is a block-less distributed ledger, easily scalable and can make transfers without fees. This means that users and investors and even businesses can make microtransactions with zero charges. Also, the company behind IOTA works on a smart machine that can trade resources such as WiFi for money.
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Litecoin
Litecoin was created and believed to be a better Bitcoin alternative. Charles Lee, the creator of Litecoin, tried to remove the mining process of bitcoin that costs a lot and also to improve the transfer speed. This is why he created Litecoin. It’s a really simple cryptocurrency that wants to create a decentralized economy, with a higher coin limit and faster transactions.
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NEO
NEO is a company in China based on the blockchain technology. The aim is to create a ‘’smart economy’’ by using smart contracts. NEO is an open-source project hosted on Github. NEO is great for digitizing physical assets by using transparent blockchain platform. These assets can later be traded without an intermediary. This way all the costs usually made when trading will be cut down and the entire process will be more secure. It’s very important that you know that NEO wasn’t very volatile when compared to its ‘’opponents’’.
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