The Best cryptocurrency to Invest in 2018
The best cryptocurrency Alt coins to buy now is listed here, there are way too many options deserving to be studied and considered before deciding to make an investment, as far as anyone can tell a lot of ICO’s are just out there to make money with unrealistic plans or no clear strategies. The first thing an investor should look for a well-structured ICO initiative is a well-laid roadmap and a business plan presented in a whitepaper that will give you all the information you might need about the ICO.
The other main detail is the ecosystem of choice of the ICO to develop their utility token. Long gone are the days where Ethereum was the main player to develop new cryptos. The ETC-20 protocols have helped a lot of ICO’s get off the ground, but it is no longer the only player in the market.
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There are other factors influencing the success of digital currencies around the world, regulations and geography are two of them. As you probably are aware Asia is one of the finest markets for cryptocurrencies because every country in the continent has a different approach on how to deal with their existence and the way they affect their markets. Some have chosen to embrace them through regulations, while others have put bans on them.
Over the next few lines, we’ll take a moment to do a brief review and analysis on three of the best cryptocurrency trading platform available in the market right now: Ethereum, NEO, and Lisk. Let’s take a look at them:
The Ethereum Currency Review
Everyone is familiar with Ethereum right now. Not only are they the #2 digital currency around the world, but they also have developed the main framework where almost every other single token utility in the market has been developed using their ERC-20 protocol. This company literally took the world of cryptos by storm when Bitcoin was all the rage in the market. These days they have a very comfortable second place in a cluttered market, but they are still aiming at the top spot. Ethereum opened the doors of Blockchain logs to every single player who wanted in on a market that until 2015 was mainly dominated by the near-inaccessible and difficult-to-handle Bitcoin blockchain. While the Bitcoin ecosystem merely handled peer-to-peer financial transactions, the Ethereum blockchain focused on running the code of each transaction by decentralized means.
These days Ethereum is still improving their own ecosystem by creating new features that either strengthen their classic offerings or expand their operations. Ethereum’s main offering is based on their security which is handled by the company’s only means of coding: a language called “Solidity”. Whoever wants to work with Ethereum needs to handle this code. They are also well-known for improving smart contracts and make them accessible to everyone. Mining Ether reports earnings at consistent rates. The fees charged by transactions are very low when compared with other exchange services.
If anyone needs a reason to trust Ethereum at this point, they just need to see the track record of the company, and anyone is able to: along Bitcoin, they promote the public nature of the Blockchain for total accountability on every transaction made using their ecosystem.
NEO Currency Review
NEO rise to prominence came out of the fact that the company shamelessly offers almost the same kind of platform as Ethereum: it’s useful for financial transactions, the design of smart contracts and the creation of dApps. It’s been labeled “Ethreum killer” in the mainland of the Asian nation because all the operations of the ecosystem are based on the country. Even if they manage to share a few features regarding functionality, there is also quite a few differences between them that put both options at odds. The first key difference is the option to handle the coding of any new dApp in languages that are already available such as C+, Perl, PHP, Fortran and Kotlin to name a few. As you work your way through the features you can also find key differences in the way power consensus is handled.
This is where the other key difference makes itself more noticeable way: the NEO ecosystem is shielded against actions looking to disrupt the voting power determined by the nodes on the blockchain using a system called the delegated Byzantine Fault Tolerance. Technically speaking, no one has a prayer in attempts to manipulate the data of this blockchain. The last feature of NEO is the two types of token utility offered by the platform: the NOE token which is used to oversight user’s stake and regulate their voting rights. The second one is called GAS and it’s a token generated to be used in transactions within the NEO ecosystem. There is a correlation between both since owning NEO allows users to generate GAS to be spent.
With the basics laid out we can say that NEO is one of the strongest projects offered to the cryptocurrency market. The company has somehow eluded the recent ban of every digital currency set by authorities in China and while they don’t have official endorsement by the government, their operations are perceived as good business for the mainland and a way to strengthen their economy.
Lisk Currency Review
Like the previous listings in these reviews, Lisk is a platform created the help novice developers build the framework for new ICO’s. The main difference with Ethereum is that there is no customary language that needs to be learned to code, and unlike NEO which offers multiple choices to create the code from scratch, Lisk only works with JavaScript one of the most notorious programming languages out there. The team behind Lisk has put a great deal of effort is to make this ecosystem as user-friendly as it can be. The documentation to work every feature on their website is extensive and they have a support team second to none. Lisk also brings a noticeable change to the table when it comes to the way smart contracts are handled since they put the control of them on the developers' hand in the main platform and not by using third parties.
The other feature deserving analysis is Lisk’s ability to create “sidechains” a very different way to create a blockchain-like registry of their operations that is integrated into the company’s network. These customizable chains are also developed using Java and they can be deployed at the will of the developing team. The ecosystem is primed to work around every idea that can be built using the main coding option: games, social networks, dApps and their own versions of smart contracts. All transactions are handled using the LSK token which is programmed to work as a token utility to be used only within the limits of the Lisk ecosystem to pay fees related to apps developed exclusively for the network. There are is no room for outside trade yet.
For the investor who is familiar with the world of digital currencies, there are a number of red flags around Lisk. The inexistence of blockchain logs is one of them and the use of a single coding language that can be easily altered by someone with the wits and the experience it’s also a sign of vulnerability. Lisk certainly can be an opening to the world of digital currencies but is not an environment to strive on with as an established brand.
So! There you have it. This quick overview is just meant to offer a heads up on what works on each of these platforms and what doesn’t. If you need to find out for yourself more about them, you can go to:
Source: https://whaleagent.club/best-cryptocurrency-to-buy-now/Whaleagent.club - Cryptocurrency trading Signals & Strategies
I agree with most of these coins: EOS, LSK, NEO are definitely some great cryptos to buy and are in my portfolio. Love how NEO produced GAS as well. Keep up the good work!Great post @whaleagent!