Today’s time many people are confused in between Bitcoin Vs Ethereum Vs Litecoin and also confused in which investment is best for earn more and more profit? Today we are here to solve all the doubt related to Bitcoin Vs Ethereum Vs Litecoin and how much a Bitcoin worth.
However, most beginners have difficulties finding the next cryptocurrency to invest in 2018. We’ve all been there, so don’t worry! I understand how confusing it is when you first begin looking for new cryptocurrency investments. And that’s why I’m here to help.
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What is Bitcoin?
Bitcoin is the world’s first cryptocurrency, a form of electronic cash. It is the first decentralized digital currency: the system was designed to work without a central bank or single administrator. The founder of Bitcoin is Satoshi Nakamoto. It’s initial release date was 9 January 2009 ( 9 year ago).
What Is Ethereum?
Ethereum is an open-source, public, blockchain-based distributed computing platform and operating system featuring smart contract functionality. It supports a modified version of Nakamoto consensus via transaction-based state transitions. It’s release date was 30 July 2015.
What Is Litecoin?
Litecoin is a peer-to-peer cryptocurrency and open source software project released under the MIT/X11 license. Creation and transfer of coins is based on an open source cryptographic protocol and is not managed by any central authority.
Which Cryptocurrency is best for max profit in 2018?
It’s clear that 2017 was the year crypto really blew up. The market cap of cryptocurrencies grew by 4000%! The market cap of all cryptocurrencies was around $21 billion in March 2017, whereas it is now over $454 billion. That’s huge!
Best Cryptocurrency to Invest 2018: Litecoin
Litecoin is closely based on bitcoin — they’re built on the same underlying code — but with a few distinctive tweaks. The central difference is that Litecoin is mined using the Scrypt algorithm, which is rooted in mathematical computations that are simpler than those used by bitcoin’s SHA-256 algorithm.
If you are ready to invest then go for Bitcoin because it gives highest value of profit in 2018 after that Ethereum which generate second highest value of profit and after that Litecoin which generate lowest profit.
So if you have any doubt realted to Bitcoin Vs Ethereum Vs Litecoin let me know in comment section below. Signoff see you in next post.