Bitcoin Cash is a new alterative cryptocurrency to Bitcoin. Much like Bitcoin, it is used worldwide, and fulfils the original promise of Bitcoin as ‘peer to peer electronic cash’.
It seems to be a rock solid investment so far, with a bright future ahead for the new cryptocurrency. There is unrestricted growth, global adoption, and decentralised development.
Bitcoin Cash has many new features, which makes it an incredibly sought after virtual currency. These include on chain scalability, new transaction signatures and new difficulty adjustment algorithm. All of these add up to fast transactions, which are confirmed within minutes, a reliable network that runs without congestion, low fees allowing you to send money globally for mere pennies, a simple platform that is easy to use, and a stable payment system that’s a proven store of value.
Although it is still a part of Bitcoin at the moment, it will eventually split, and run as an alternative cryptocurrency.
Investing in Dash certainly is a nice little Christmas present to yourself. It is the most advanced digital cash system, and is completely unique, unlike other projects such as Ethereum or Stratis, which can be compared to a development platform.
It prides itself on being a peer-to-peer decentralised electronic cash system, essentially built upon Bitcoin’s core code, with the addition of new features, which include privacy and quicker transaction times.
It was created in 2014, after the creator realised there was a gap in the market, after discovering that Bitcoin was not private or fast enough, and will remain as an internet currency. They also added unique features to really make this coin stand out in a field that is getting more and more crowded. These include; private and instant send, and masternodes. They offer instant, private and secure payments, so you can be sure that your investment is fully protected.
Watch out for Ripple in this coming year, as there are odds on that it is the favourite to be added to Coinbase.
Ripple offers many features that other cryptocurrencies do not; such as connectivity across different payment networks, instant on demand settlement, real time traceability of funds, low operational costs and has been labelled as being better than any other blockchain, as it has been built on the most advanced blockchain technology.
It really stands out for being an enterprise in a very busy field.
Steamr is a new and interesting concept, and is definitely one to watch, as it could fly in the future. This Christmas could be the perfect time to invest in this virtual currency.
They have recently announced that it has released its token, the DATAcoin on one of the largest cryptocurrency exchanges, Bitfinex, which can only be a good thing for Steamr.
The aim of this cryptocurrency is to build a decentralised, scalable and secure data economy, and this development could significantly help them along the way. It is a brilliant time to join the community, as they are now in a great position to build the best platform, which will only benefit all of their investors.
IOTA works in a very similar way to Bitcoin, which is why it is ironic that it could actually become Bitcoins killer.
This new cryptocurrency, although similar in a number of ways, has key differences, and it is these that make this virtual currency stand out from the crowd, and is definitely a great stocking filler for this year.
This decentralised platform, has no transaction fees, and the more people that use IOTA, the faster the network becomes.
Finally, we will take a look at EOS, which boasts a strong team, money, not to mention a super-fast system around the corner.
The ICO raised a staggering $150million in just five days, and since it has featured on the Bitfinex exchange its price has risen by 1000% in just a few months. It is definitely one to watch and provides healthy competition to Ethereum, yet promises to be faster and more scalable. It allows users to build decentralised applications much more efficiently, and really shows great potential.
Although it is too early to predict how this coin will fare in the future, it is definitely one to watch, and could make a really great investment this Christmas.
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