Best 2018 cryptocurrency
What is the best crypto? What measure we should use? Which variable will be the best for determining of a winner? I think - it's working product.
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When you look for a best crypto, then see do they have real product. After best year for crypto, aka 2017, there is a lot of scams, really popular scams like:
- Redd Coin - shows in own ads what they not yet have,
- Tron - products are "in development", a billion dollar whitepaper
- Substratum - pump their popularity with blogers (they might pay for advertisment a whoping 10 000$)...
A lot of them don't have a real product to offer, but they are worth millions or billions of dollars. They have huge market cap but don't have something for what people may pay. Huge price for a zero value. This is true for 80% of coins.
Great Cryptocurrencies
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Ethereum (ETH) - SITE
CoinMarket
- It has own product. You can make smart contracts, you can make own coin based on Etherium blockchain, you can crowdsource ... It's really what we want - real use cases of crypto.
- 977 decentralized apps on the Ethereum Blockchain, NEO has only around 26
- Growth can come from coins which were made on etherium blockchain - people buy them for ETH.
- I actually bought it first, then Flik.
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Steem (STEEM) - SITE
CoinMarket
- Steem has value as a currency.
How much is bitcoin transaction cost? 10 -20$, yes it's not much if you transfer thousands, but what if you buy a food, or a videogame? Steem has 0 ZERO transaction fee. - One of the gounders is Dan Larimer, creator of BitShares, and EOS.
- Steem has own community. You know how is valuable community to success of cryptocurrency. Steem has own Social Media - steemit and busy.org.
- ‘Proof-of-Brain’ - steem incentivise people to make content
- Those two sites read info from steem database. Yes. it has crypto database, own Social Media, fast and no fees cryptocurrency.
- It's actually two crypto SBD and STEEM within steemit.
Why here is NO IOTA- I saw they have problems with wallet and security.
NEO - is vague for me, cool concept, but where is execution.
Cardano - they aiming high, but will they execute?
Ripple - is not decentalise, people do bad rumors about this coin.
SIA - not yet, but intereting, look at it in 18 months. It's not yet fully worked system. You can store, but there is problem if you want to use it as hosting.
Worth to explore
Maidsafe - hosting for a site or an app today. I think to try this
Emercoin - looks interesting, many things at one place
Cybermiles - commertical use of smart contracts (end of 2018).
Etherparty - something like wordpress for smart contracts, everyone can creat from pre-build examples (now in development).
Naga - stocks!!, goods and crypto trading. People love demo of ingame goods trading (skins, hats ... for your NPC) platform.
There is more ... in next crypto posts.