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Six Cryptocurrencies to Watch in 2019

top-cryptocurrencies-2019

Following last year’s very well publicised crisis moment for Bitcoin, it’s very tempting to believe that the moment for cryptocurrency has passed. Confidence in these new technologies has waned significantly, and there’s a general understanding of how volatile the market is. But though it is still true that cryptocurrency is not as stable as more established currencies, the technology isn’t going anywhere any time soon.

So while you may have missed the first major boom in digital currency, there is a likelihood that we are going to see some interesting developments in 2019. Here are some cryptocurrencies to watch this year.

Ethereum (ETH)

Ethereum works not just as a digital currency but as a platform for users to build their own cryptocurrency. Users take the building blocks provided by Ethereum’s blockchain and create their own application so that it can be used to manage things like supply chain.

At the end of 2018, Ethereum had started to show growth again after the 2017 peak. At it’s highest peak, it had grown around 3000%, the second largest after Bitcoin. “During the course of this year,” says Jay Stokes, author at researchpapersuk.com, “ Ethereum is expected to continue to rise in value, as plans roll out to improve its technology.

Decred (DCR)

Launched in 2016, Decred has become a well regarded currency that aims to democratize its model. There’s a focus on the actual work of data mining, with partial rewards going back to those who can offer proof of work. These individuals can have a direct say in the management and direction of the project.

To facilitate this decentralized governance, the developers have created an efficient and simple voting system to achieve consensus. Utilizing smart contracts the model is resistant to any potential outside parties that would seek to influence votes being cast.

Cardano (ADA)

Founded by Ethereum’s Charles Hoskinson, Cardano works through a smart contract platform. The developers take remarkable care to maintain the platform, and seek to standardise and promote Cardano’s protocol technology.

Charles Hoskinson claims that Cardano is the next stage in evolution for blockchain technology. It is built on meticulous academic and scientific research in order to combat issues surrounding blockchain technology, including scalability, interoperability and sustainability.

Dash (DASH)

Created in 2014, Dash is a decentralized autonomous organization as well as a cryptocurrency. As an open source asset, it works on a principle of self-governance. In its early days, it was known as Xcoin, a ‘fork’ of the Bitcoin protocol, but as an altcoin, it earned a bad reputation as the cryptocurrency used on the dark web.

However, following a rebrand as Dash (Digital Cash), it ceased operating on the dark in 2016. Payments via Dash are almost instantaneous, and through user engagement protocols, the community which uses it are all geared towards improving its development.

ZCash (ZEC)

Developed in late 2016, ZEC is geared around security and transparency. The two main protocols of Zcash involve either shielded or transparent pools.

Private transactions can be disclosed to aid transparency, allowing users to prove payments in order to comply with governmental regulation and tax services. In this way, Zcash has been at the forefront of creating a sustainable future for cryptocurrency.

The developers of ZCash have been very public in meeting with law enforcement agencies” says Carina Rodriguez, contributor to draftbeyond.com, “This, finally, is a bid to show a united front against illegal cryptocurrency activity.

Monero (XMR)

Monero has had a somewhat controversial year. Some studies during the year showed that around 4.3% of the total supply of XMR had been mined illegally. For many, this is a worrying part of cryptocurrency. However, as the industry as a whole move towards a more legitimate, less shady mode of practice, it is interesting to note that during the time these studies were published, XMR’s value seemed to have fluctuated very little. It is based on the CryptoNight ‘Proof of work’ algorithm, pushing miners to seek legitimate sources of data.

Unlike, for instance, ZCash, Monero is developed around utter financial privacy, allowing payments and balances to remain hidden. Though it remains a controversial choice of Bitcoin, it continues to be a versatile crypto asset used across the world.

Benjamin Schmitt is an experienced lifestyle writer and app developer. He writes on app development and a range of other topics for Gum Essays and Lucky Assignments.

Open your free digital wallet here to store your cryptocurrencies in a safe place.

Satoshi

Cryptocurrencies 2016: Bitcoin Alternative charts

Today we want to talk about Cryptocurrencies 2016, as the just ended year has been very exciting for several digital currencies and not only for Bitcoin.

A lot of major open-source currencies, in fact, showed a good growth during 2016 and we hope to see significant expansion in 2017.

Below you’ll read charts of the excited cryptocurrencies 2016, during a period between December 27, 2015 to December 26, 2016.

Source: Coindesk.com

Bitcoin

Market Capitalization (Beginning of Year): $6,161,215,794
Market Capitalization (End of Year): $14,590,356,108
Price (Beginning of Year): $411.99
Price (End of Year): $908.17
Price (Annual High): $909.94

For sure Bitcoin is the king of cryptocurrencies 2016, if we talk about value.

It is the oldest blockchain-based asset as today (January 3rd) it celebrates its 8th anniversary: the genesis block was generated on January 3rd 2009.

While I’m writing of this article, Bitcoin price is still growing, surpassing the value of $1,000 for 1 BTC.

Bitcoin price and trading volume were supported by several global circumstances, including the Chinese yuan devaluation, the UK’s Brexit, and the election of a Donald Trump.

 

 

Ethereum

Market Capitalization (Beginning of Year): $80,339,474
Market Capitalization (End of Year): $638,041,577
Price (Beginning of Year): $2.83
Price (End of Year): $7.31
Price (Annual High): $19.59

2016 saw Ether, or  the digital currencies that powers the Ethereum blockchain – become the best-performing currencies, with a more than 2,000% increase over the first six months of 2016.

The major reason for its instability was the DAO hack, the subsequent failure of the decentralized project, and the creation of ethereum classic. These factors led to a fall of nearly 50% of this altcoin value.

 

Anyway, Ethereum is the favorite network for possible FinTech permissioned distributed ledgers, enterprise software and Internet of Things applications, so 2017 could will probably show a capitalization increase for ether.

Litecoin

Market Capitalization (Beginning of Year): $149,142,004
Market Capitalization (End of Year): $212,469,870
Price (Beginning of Year): $3.41
Price (End of Year): $4.34
Price (Annual High): $5.55

One of the oldest bitcoin alternative, litecoin showed a stable valuation during 2016, closing $2 above its starting price for the year.

Dash

Market Capitalization (Beginning of Year): $16,081.586
Market Capitalization (End of Year): $70,675,107
Price (Beginning of Year): $2.64
Price (End of Year): $9.67
Price (Annual High): $14.42

In 2015, darkcoin decided to end its association with shadow businesses and the DarkNet by changing its name to Dash.

 

This re-branding seemed to work and Dash ended 2016 with pricing nearly three times, and a market capitalization close to four times.

Cryptocurrencies 2016 and their future

As we enter 2017, the future for cryptocurrencies seems bright, as the digital currency market will continue to progress and prove its worth as one of the top-performing commodities available today.

We at HolyTransaction are very happy to work with this top-rated cryptocurrencies, as our wallet can store Litecoin, Dash, Ethereum and Bitcoin within a unique login.

Needless to say, we are proud to have chosen the best and the most profitable cryptocurrencies for our multicurrency wallet you can open here for free.

 

Open your free digital wallet here to store your cryptocurrencies in a safe place.

Amelia Tomasicchio

8 Ways to Become the MacGyver of Bitcoin

There are thousands of tools related to bitcoin and the blockchain, but only a few of these are very upstanding and useful.
These tools have being created by genious startups from all over the world, and they will allow you to become the next MacGyver of Bitcoin.
Below, in fact, you can read the list of tools we selected that are related to Bitcoin and the blockchain.  

Cryptocurrencies Exchange Rates

Recently HolyTransaction created a new add-on for the Firefox browser only to see the exchange rates for cryptocurrency pairs.
This add-on allows you to see the exchange rates between the most popular currencies using only a couple of clicks. 
Exchange rates are available between dollar, euro, bitcoin, litecoin, peercoin,dogecoin, dash, blackcoin and gridcoin. 

Eternity Wall 

Eternity Wall allows you to write text messages on the blockchain. Those messages cannot be deleted and, even if the Eternity Wall platform goes down or closed, the messages you wrote in here are guaranteed to persist. You can write everything you want: from love messages to contracts and more. 

Open Bazaar

This is a peer-to-peer marketplace where you can buy everything using bitcoin as a method of payment. You just have to download the program and start doing some shopping!

Blockchain Info 

Here you can see live all the transactions that happened on the bitcoin blockchain. Also you can read statistics, charts and news related to the Bitcoin world. 

This is platform that allows to donate bitcoin to people affected by natural disasters. Recently the Helperbit team won a Blockchain startup competition in Amsterdam. The website is still in development and you can read more details about Helperbit by clicking here. 

It is a map where you can find all the shops and restaurants that accept bitcoin among their methods of payment.

Bitcoinity

Offers a succinct and graphical overview of the price of Bitcoins and market depth on the major Bitcoin exchanges.

BitLegal

This website explain everything you need to know about Bitcoin and cryptocurrencies regulation all around the world. 

Multicurrencies Wallet 

To use the most part of these tools you may need an online wallet where you can store your bitcoin. Sign here for free and create your HolyTransaction wallet.

Open your free digital wallet here to store your cryptocurrencies in a safe place.

Amelia Tomasicchio

HolyTransaction add-on for cryptocurrencies exchange rates

Recently we at HolyTransaction created a new add-on for the Firefox browser only to see the exchange rates for cryptocurrency pairs.

This add-on allows you to see the exchange rates between the most popular currencies using only a couple of clicks. 
Exchange rates are available between dollar, euro, bitcoin, litecoin, peercoin, dogecoin, dash, blackcoin and gridcoin. 
The add-on’s simplicity provides you an easy way to have all the information you need before selling or buying your favorite cryptocurrencies.
The price is shown on your browser, according to your specific preferences. You can change the displayed number of decimal places in the user settings.

How to dowload the add-on

To download this HolyTransaction add-on, you just have to follow this step-by step guide:
  • Click on the Firefox Menu at the top right of the toolbar;
  • Click on “Add-on”;
  • Write “HolyTransaction” in the search at the top right of the page;
  • Click on “Add-on” on the left menu;
  • Click the “Download” button next to the HolyTransaction add-on. 
  • You will find the exchage rates window at the top right of your toolbar.
You just need to click on the HT logo of HolyTransaction. 

Open your free digital wallet here to store your cryptocurrencies in a safe place.

Amelia Tomasicchio