Jonathan Fairfield Posted September 25, 2017 Share Posted September 25, 2017 Cryptocurrencies: Five alternatives to Bitcoin Cryptocurrencies have certainly increased in popularity in recent years with probably the best known being Bitcoin. While Bitcoin is the trendsetter there are now several other options available. Here we look at just 5 of the alternatives to Bitcoin. – Litecoin (LTC) Launched in 2011 by former Google engineer Charlie Lee, in its early days LTE was often referred to as “silver to Bitcoin’s gold”. It is very similar to Bitcoin in many ways in that it has a fast block generation rate enabling it offer faster transaction confirmation. Litecoin is growing in popularity and is accepted by an increasing number of merchants. -Zcash (ZEC) Launch towards the end of 2016, Zcash is an open-source cryptocurrency. Defining itself as “If Bitcoin is like http for money, Zcash is https”. This cryptocurrency offer privacy and selective transparency as well as extra security for both sender and recipient. Full story: http://tech.thaivisa.com/cryptocurrencies-five-alternatives-bitcoin/24504/ Link to comment Share on other sites More sharing options...
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