CRYPTOS T HAT AR E. 10X Better than BITCOIN

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1 CRYPTOS T HAT AR E 10X Better than BITCOIN

2 Three Cryptos That are 10x Better Than Bitcoin Bitcoin single-handedly revolutionized the way we view investments and more importantly, currency. The blockchain technology that it pioneered has spawned new technologies that are creating better and faster transactions. Bitcoin might be the biggest name in crypto but newer cryptocurrencies will prove to be a better investment. When looking to invest in altcoins, measure potential with the following 3 guidelines: 1. The community behind the coin. When looking at a new coin, look for a unified community. Read forums and research social media outlets talking about the coin A good community will have fresh discussions on a daily basis with plenty of debate surrounding the future of the coin. Look for help forums about setting up miners and see how quickly questions are being answered. People should be excited about the potential of the new technology, not just about getting rich. Stay away from coins where the entire focus is on mooning. While making a profit is on everyone s mind, that by itself is not a strong enough reason to build a cryptocurrency. 2. The technology the coin uses. Bitcoin s claim to fame was the implementation of blockchain and proof-of-work mining. It created the first decentralized currency in the world and encouraged the construction of a robust infrastructure to back it up. Nowadays, altcoins need to improve upon the original blockchain. If the altcoin you are looking at is a fork, analyze where it improves upon the original idea. Investing in coins that are redundant can prove to be a bad idea. If the technology is not innovative enough, the community will quickly lose its excitement. 3. How big is the market cap? Market capitalization is a measure of how much currency is in circulation multiplied by its price. When investing, take a good look at the market cap and how large it is. A small size means the coin is not readily adopted, and it could have the potential to grow. Alternatively, an extremely large market cap, such as Bitcoin, might show a ceiling to the value of the token. As we ve seen with Bitcoin, how high the market cap can go is anyone s guess but it is still a helpful measure of the health of a coin. Try to avoid coins whose market cap is shrinking. This shows a lack of enthusiasm and the coin has less potential to grow. 1. Monero. The 3 Best Altcoins to Invest in 2018 Launched in 2014, Monero is one of the older coins on the marketplace. It is impossible to trace and can be used as a private exchange for goods and services. With each Monero hovering 1

3 around $470 in value, this is no penny stock. Even with its broad popularity, the value of this coin will most likely increase dramatically throughout Community aspect. Having been around for nearly 4 years, the community behind this coin has been there since before the crypto-boom. Early adopters used the coin because of its anonymity and the community quickly grew. It is the oldest and perhaps finest privacy coin in existence. Who is using Monero? Anyone who wants to use money without government interference. Because it can t be traced, it is more valuable than fiat currency for certain types of exchanges. Adopters are not simply holding the coin and hoping for an increase in value, people are actively using it to make purchases. Goods and services that would otherwise be outlawed can be bought and sold with Monero. This real-world implementation means the community is strong and decentralized. Even the development team behind the coin are diehard privacy pioneers. Every update and fork is done to make it safer and even more anonymous. The theory and driving principles behind it are strong and will continue to advance as the community demands it. The technology behind Monero. The most valuable aspect of Monero is its untraceability. It incorporates unlinkable public keys and untraceable ring signatures. Such a unique implementation of privacy puts this crypto at the forefront of cryptography. As world governments and corporations increasingly collect and trace consumer habits, Monero is actively pushing back. For people who value their privacy, this coin provides a solution to the increasing surveillance state. Efficient mining. Monero is based on the CryptoNight PoW hash algorithm which makes it unique from Bitcoin or any of the altcoins created from a Bitcoin fork. This makes it more efficient to mine on cheaper computers. Monero uses CPU power, foregoing the need for expensive GPU hardware. Its miner can also be embedded with javascript into websites, borrowing a visitors CPU processing power for mining. This has been implemented on websites such as PirateBay and creates a method of monetization without advertisement. The ability to mine Monero with cheap equipment prevents the centralization of mining power. The robustness of the mining makes Monero more decentralized than Bitcoin and allows it to be a stable, global currency. Monero market cap. With a current market cap of over $6 billion, Monero has shown some impressive gains over the last few years. Only one year ago, January 2017, its market cap was floating around $2 billion, that s a 200% increase in value this past year. Let s compare it to where Bitcoin is today. Bitcoin s current market cap is $240 billion. That s 40x larger than Monero. I am making no claims that Monero will ever be that big but it does 2

4 show the potential for growth. With better technology than Bitcoin and a better miner, Monero is a safe investment for the future. Final thoughts on Monero. With tax season fast approaching, 2017 proved to be crypto s biggest year yet. I believe that many will seek out ways to circumnavigate the IRS and Monero offers the perfect solution for making their money disappear. Look for a spike in the value around April as people move their gains off public ledgers and into Monero. 2. Vertcoin. Launched in January 2014 Vertcoin is based on a fork of Bitcoin. The idea behind the fork was to protect Bitcoin from centralized miners. Vertcoin is ASIC resistant, meaning, there is no increase in efficiency using ASICs. The heart and soul of this coin are based on the idea of being the people s coin. Community aspect. Easily one of the strongest and active crypto communities, Vertcoin is loved by its people saw huge growth in its adoption, making it one of the most exciting coins to look at moving into Reddit/r/vertcoin reached over 30,000 subscribers, a +641% increase. Twitter followers are now at 71,700 followers, a 151% increase. Instagram followers are over 2,000, and the account was just created. A quick Google search of Vertcoin will show thousands of questions and answers surrounding the coin. Many investors view the marketing aspect of a coin as a secondary concern or even as a negative. However, the importance of a good marketing campaign cannot be understated, people need to hear about a coin to make it valuable. Vertcoin is impressively stepping into the social media space and taking full advantage of the world s newfound curiosity of crypto. This shows a huge potential for mass adoption and a general increase of value is sure to follow. The user experience of the wallet and the miner is simple to use and fun to look at. Vertcoin is the perfect altcoin for first-time investors looking to get away from Bitcoin. The technology behind Vertcoin. Incorporating an easy to mine algorithm, Lyra2RE, VTC prevents ASICs from monopolizing its creation and keeps it decentralized. It s a simple idea that has garnered a massive following. The UX/UI design of the wallet is also a huge upside to the coin. As the people s coin it needs to be easy to use for everyone. The wallet makes this happen. Think of Vertcoin as the casual observers crypto. Another huge benefit is the one-click miner. For most coins, setting up a miner is hard to do. It requires advanced knowledge of computers and can take multiple days to create. Vertcoin 3

5 solves the mining problem by making the miner easy to download, similar to downloading a torrent. Because it can be mined on consumer hardware, anyone with a laptop can install it. This will help decentralize the currency, even more, bring more people into the network, and increase its value over time. Vertcoin market cap. The market cap is hovering around $260 million, one year ago, in January 2017 it was around $1 million. That s an increase of over 25,900%, just an insane number to think about. While 2017 was certainly a breakout year for the coin, its newfound fame will only help increase its impressive social following. Final thoughts on Vertcoin. Easy to understand and even easier to convince others about, Vertcoin is a simple coin that s primed for mass adoption. With marketing aimed at new investors, it s a bold strategy that could pay off in a big way. 3. BURSTcoin A proof-of-capacity coin, this currency is mined with hard drive space as opposed to proof-of-work mining used for most other cryptos. It uses less energy than other coins, and it has massive potential to host a global network of transactions. BURST is also unique in how it uses technology, implementing proven concepts of other coins and creating a generalist currency that has unlimited potential. Community aspect. Originally launched in 2014 as a fork of the Nxt open-source cryptocurrency, Burst has a storied history. It was abandoned by its original developer and taken over by the community as an open source project. In July 2017, an attacker spammed the BURST network and caused multiple forks, throwing the coin into chaos. In the aftermath of the attack, the PoC Consortium introduced itself, a group of anonymous developers with a plan to rebuild BURST. The community accepted them as the lead team and BURST was reborn. Following the PoC Consortium take over, BURSt s community has seen a wave of activity and adoption. Its small size makes the amount of conversation happening that much more exciting. It also proves that a vast array of real-world infrastructure is being set up quickly, making mass adoption a real possibility. With about 5,000 followers on Reddit and over 21,000 Twitter followers, the community is small enough to allow for quick implementation of new technology and large enough to host a decentralized mining network that is insulated from attacks. The technology behind BURSTcoin. Unlike most coins, BURST is not a one-trick pony. Instead, it implements the best technologies available and creates a universal coin with the attributes of many different cryptos. This universal approach makes this coin extremely versatile and is commonly referred to as a 2.0 cryptocurrency. A green coin. Using storage space to mine, the coin has a low energy input and can be scaled up without a noticeable difference in electricity bills. BURST has effectively solved 4

6 one of the biggest drawbacks to Bitcoin mining and has created an environmentally friendly cryptocurrency. Tangle implementation. Burst also incorporates the tangle network, originally introduced by the cryptocurrency IOTA. Unlike blockchain, tangle allows for microtransactions without fees attached. It s also faster and requires less computing power, making it easily scaled. BURST allows for tangle networks to built on top of its blockchain, making it possible to build apps, host businesses, and store information. BURST creates the infrastructure for an internet 2.0 on which every transaction of value across the globe can be conducted. Anonymity protocols. BURST also implements ring signature privacy, similar to what Monero uses. This will allow for private transactions to take place on top of the BURST blockchain and even between tangle networks. With BURST, you could build a decentralized social media platform where friends (or strangers) could conduct transactions of value with low transaction fees, in an untraceable format. Smart contracts. BURST is the first coin to implement smart contracts, even before Etherium. It s just one more attribute this incredible coin brings to the table. BURST market cap. As of writing this, the market cap is around $158 million. One year ago, it was valued around $900 thousand, that is a 15,700% increase in Most of the increases happened in the last month the new dymaxion white paper was only just released in late December As information about its technological advances penetrates the market, its adoption will continue to increase. Trading volume is also showing huge increases, 8x what it was only a few months ago. At this rate, BURST is primed to be an explosive coin in the next few years. With a price under $.10, buying now might just yield gains in the 100 s of a percent. Final thoughts on BURST. There are three hard forks planned for the upcoming year. The new wallet 2.0 is primed for release at the end of January and the new mining software promises to be easy to install. With a unified community behind the coin, this many upgrades at this speed are unheard of in larger communities. BURST will be light years ahead of all other crypto s by the end of this year and its technological advantage will become apparent as coins like Bitcoin become slow and expensive to use. 5