Apparently Not Just Bitcoin, These 4 Most Valuable Other Currencies

E-commerce technology is growing rapidly. Massive progress of the internet buying and selling sector is not only impact on the transaction process so varied, but raises the virtual currency to summarize the process of buying and selling that occurred.

In the world, there are many virtual currencies in effect. However, what are virtual currencies with broad functionality and can be used in the long term? This time, Jaka will tell you the list of most valuable virtual currencies. Check out the reviews.

5 Most Valuable Virtual Currencies

Bitcoin

Speak virtual currency, of course you are very familiar with Bitcoin. Bitcoin or BTC or BTX is the most legendary because it started the trend of virtual currency, first appeared in 2009 by Sathosi Nakamoto. Bitcoin is now widely accepted and accepted for your online transaction, with the highest market capitalization, reaching US $ 10 billion.

Dash

Appearing in 2014, this virtual currency was originally named Darkcoin, then renamed Xcoin (XCO), eventually becoming Dash which is an extension of Digital Cash. Developed by Evan Duffield and Kyle Hagan, Dash works with the X11 algorithm by utilizing anonymization and transaction speed. Prioritizing a more user-friendly cryptocurrency, Dash noted that it provides treasury system funds of more than US $ 650,000 per month.

Ethereum

Another variant of the virtual currency is the Ethereum which launches in 2014 by Vitalik Buterin. Experiencing rapid development, Ethereum is divided into two in September 2016 into Ethereum Classic (ETC) and Ethereum (ETH). This virtual currency has the ability to peer-to-peer transactions without third parties, using new generation cryptocurrency technology and utilize the application platform.

Litecoin

An open-source release in 2011 by a former Google employee, Charles Lee, Litecoin can be used for a wide range of transactions, including goods and services. Noted, LTC has a market capitalization in May 2017 of US $ 1,542,657,077 at a price of about $ 30 per coin. While the peak, this virtual money of US $ 1.2 billion in 2013.

Ripple

Furthermore, Ripple offers a real-time gross settlement system (RTGS) system, integrated with the banking system to reduce shipping costs and exchange of money. Ripple (XPR) is currently developed open-source under the ISC license, utilizing the Consensus algorithm with a market capitalization of US $ 243,000,000.

The 5 virtual currencies above can be used globally, have a good reputation to ensure the security of your transaction. Of the five virtual currencies above, which one have you used? Share in comment field, yes!