Alldamony List of Top cryptocurrencies to Invest In - Alldamoney

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Alldamony List of Top cryptocurrencies to Invest In

A cryptocurrency is a virtual or digital currency that uses cryptography for security, making it tough to counterfeit due to this secure feature. A defining characteristic of a cryptocurrency and arguably its most endearing charm is its organic nature; it is not issued using any central authority, rendering it theoretically resistant to government interference or manipulation.
 To better outline it, a cryptocurrency is digital asset designed to work as a medium of exchange that makes use strong cryptography to secure financial transactions, control the creation of extra devices, and verify the transfer of assets.

Not many people know that cryptocurrencies emerged as a result of a failed experiment from another invention. Satoshi Nakamoto, the unknown inventor of Bitcoin, the first and most crucial cryptocurrency, never supposed to invent a digital currency.
His goal was to invent a centralized digital cash system for transaction.
In his assertion of Bitcoin in 2008, Satoshi stated he developed “A Peer-to-Peer Electronic Cash System. After seeing all the centralized attempts fail, then he tried to build digital cash system without a central entity. Like a Peer-to-Peer network for file sharing. This decision became the birth of cryptocurrency.
Therefore Bitcoin, first launched as open-source software in 2009, is normally taken as the first decentralized cryptocurrency in globally.

Since the launch, approximately 1,658 variants of cryptocurrencies have been created. However not all of these are relevant so we give a full list of investable and significant cryptocurrency as of May ending 2018

Some Notable Crypto-currencies to Invest In 

Bitcoin (BTC)
$139.57 billion
Ethereum (ETH)
$59.34 billion
Ripple (XRP)
$26.58 billion
Bitcoin Cash (BCH)
$15.69 billion
Litecoin (LTC)
$9.00 billion
Cardano (ADA)
$4.70 billion
$4.47 billion
Stellar (XLM)
$4.30 billion
$3.76 billion
Monero (XMR)
$3.37 billion
Dash (DASH)
$3.30 billion
$3.18 billion
$2.98 billion
Tether (USDT)
$2.22 billion
Tron (TRX)
$1.96 billion
Ethereum Classic (ETC)
$1.83 billion
VeChain (VEN)
$1.83 billion
Lisk (LSK)
$1.20 billion
Nano (NANO)
$1.17 billion
OmiseGO (OMG)
$1.15 billion

Apart from buying you could also be a miner to get your hands on these cryptocurrencies. Since a decentralized network has no authority to delegate task.
To be a miner you need to do some kind of work using your computers called tasks. That is, you have to find a hash –a product of a cryptographic function that connects the new block with its predecessor. This is called the Proof-of-Work. In Bitcoin, it is based on the SHA 256 Hash algorithm.

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