Ethereum Tokens: Choose From The 4 Best Ones

Ethereum is one of the favorite cryptocurrencies among people. The reason for that is the ability of Ethereum to solve scaling problems efficiently. This will improve the mining process that ultimately will be environmentally friendlier. Also, it lets you build apps on its blockchain, and has more than 50 Ethereum-based tokens out of 100 that are highly ranked by market cap.

1. Zilliqa

Zilliqa is a blockchain platform that allows you to create dapps. Also, thousands of transactions can be processed in a matter of seconds. Despite being incredibly fast, it will get harder to reach a consensus by adding more nodes to the network. Of course, the ethereum team works on a new scaling solution that will help Zilliqa’s network. By doing so, Zilliqa will be able to accept transactions done by Visa or MasterCard. Its mining protocol is energy-efficient too.

2. Aeternity

Aeternity was created in order to solve privacy and scalability problems that the blockchain faces. The way it does so is by using specially designed channels that keep the transactions outside of the chain and this way it enhances the privacy of a more sensitive data. Aeternity has a mixed system consisted of proof-of-work and proof-of-stake. This way you can easily mine on your own computer or phone.

3. 0x

0x wants to give you an opportunity to trade tokens on a decentralized exchange. Currently, most of the existing exchanges are centralized. With 0x’s protocol will allow you to trade on the ETH blockchain. This way, users can trade for free. As more dapps will rely on 0x, the token’s value will likely follow the trend.

4. Populous

Populous works on providing easier ways to get a loan, by using a decentralized platform. This way, small businesses can turn to Populous to get a quick loan when the cash flow is decreased.