Best Altcoins to Invest in 2018
Searching for the best altcoins to invest for 2018? Well, there’s lots of scammers and useless coins out there so we decided to compile a list of most trusted altcoins with high potential. We based our decision on the cryptocurrency’s technology, development team, community, market cap, circulating supply, total supply, future projects and other major factors. Please note that all coins or tokens presented below are based on our own personal research and should not be taken as financial advice. You should do your own homework before investing in any opportunity as many cryptocurrencies are based on speculation.
Litecoin (LTC) is a peer-to-peer cryptocurrency that enables instant, near-zero cost payments to anyone in the world. Litecoin is an open source, global payment network that is fully decentralized.
Mathematics secures the network and empowers individuals to control their own finances.
Compared to Bitcoin, Litecoin features faster transaction confirmation times (2.5 minutes) and improved storage efficiency.
With substantial industry support, trade volume, and liquidity, Litecoin is a proven medium of commerce complementary to Bitcoin. Litecoin is the second most popular cryptocurrency.
Ethereum (ETH) is an open-source, public, blockchain-based distributed computing platform featuring smart contract (scripting) functionality. … Ethereum also provides a cryptocurrency token called “ether”, which can be transferred between accounts and used to compensate participant nodes for computations performed.
NEO (NEO) is often referred to as the “Chinese Ethereum” or “Ethereum’s killer“ by many. NEO is a blockchain platform and cryptocurrency designed to build a scalable network of decentralized applications.
The base asset of the NEO blockchain is the non divisible NEO token which generates GAS tokens that can be used to pay for transaction fees generated by applications on the network.
Tron (TRX) is a blockchain-based, open-source protocol for the global digital entertainment industry. TRON supports various kinds of blockchain networks and smart contract systems, including bitcoin, Ethereum, EOS, Qtum, and other public blockchain smart contracts, provides developers with multiprotocol infrastructure for entertainment app development, and allows users to enjoy smooth multiprotocol smart networks.
TRON network has built a set of consensus mechanisms, which can use minimum cost to solve identification and personal credit issues in online transactions. It also uses point-to-point transactions to avoid traditional centralized settlement structure. TRON network can play the host role between users and developers, to ensure authenticity and compliance of info credit.
IOTA (MIOTA) is a public distributed ledger that stores transactions in a directed acyclic graph (DAG) structure, called a Tangle.The Tangle removes the cost of the energy inefficient mining process required by many bitcoin based cryptocurrencies. Instead each transaction helps confirm previous transactions on the network, allowing microtransactions to be made without transaction fees
Substratum (SUB) is an open-source network that allows anyone to allocate spare computing resources to make the internet a free and fair place for the entire world.
Anyone hosting a Substratum Node gets paid each time they deliver content. It’s incredibly simple, you don’t even need technical knowledge to participate. Just run your node in the background and make money. The node software even adjusts its output so you can use your computer without losing much bandwidth.
Node software automatically adjusts output based on a variety of factors. If a computer is largely idle, the node kicks into high gear. If the user is watching a movie, the node downregulates as to not interfere.
The Factom Blockchain is an open source project. It was built to secure data and systems. Often it is described as a publishing and auditing engine. It allows users to write data to its ledger for a small fee. Once information has entered into the Factom Blockchain it can’t be removed.
Factom provides a distributed mechanism to lock in data, making data verifiable and independently auditable. This simple function is extremely powerful when applied to business transactions and processes. Factom enables people and businesses to use a mathematically provable “notarization” service.
Verge (XVG) is a decentralized open-source cryptocurrency that offers anonymous transactions by obfuscating the IP address and geolocation of its users so that they are untraceable using technology including Tor and I2P.
Verge Currency is a cryptocurrency designed for everyday use. It improves upon the original Bitcoin blockchain and aims to fulfill its initial purpose of providing individuals and businesses with a fast, efficient and decentralized way of making direct transactions while maintaining personal privacy.
Lisk (LSK) is a blockchain application that is based on its own blockchain network and token LSK. Lisk will enable developers to create, distribute and manage decentralized Blockchain applications by deploying their own sidechain linked to the Lisk network, including a custom token. Thanks to the flexibility of sidechains, developers can implement and customize their Blockchain applications entirely.
ARK (ARK) provides users, developers, and startups with innovative blockchain technologies. We aim to create an entire ecosystem of linked chains and a virtual spiderweb of endless use-cases that make ARK highly flexible, adaptable, and scalable. ARK is a secure platform designed for mass adoption and will deliver the services that consumers want and developers need.
Smartmesh token (SMT) is a cryptocurrency that is mainly used within the SmartMesh network.
SmartMesh is building a P2P mesh networks that run parallel to the international Internet based on intelligent hardware, software and protocols. This ensures that data traffic will not flow through central servers and stays locally within the mesh network. This conserves resources, reduces leaks, and prevents the waste of electricity.
SmartMesh is a blockchain-based loT underlying protocol that enables smart devices to connect with each other without internet or telecom services.
SmartMesh (SMT) Network can be integrated with any application, so that other applications can use the mesh network when Internet is unavailable or connection is poor.
Raiden Network (RDN) is an off-chain scaling solution, enabling near-instant, low-fee and scalable payments. It’s complementary to the Ethereum blockchain and works with any ERC20 compatible token.
The Raiden Network is a technology that leverages off-chain payment channel networks to address these substantial issues on the Ethereum blockchain: scalability, latency, transaction fees, and improves privacy
Bytom (BTM) is a public blockchain platform designed to transfer assets from atomic world to byteworld, an interoperation protocol for diversified byte assets.
Bytom is an interactive protocol of multiple byte assets. Heterogeneous byte-assets (indigenous digital currency, digital assets) that operate in different forms on the Bytom Blockchain and atomic assets (warrants, securities, dividends, bonds, intelligence information, forecasting information and other information that exist in the physical world) can be registered, exchanged, gambled and engaged in other more complicated and contract-based interoperations via Bytom.
Unlike other public blockchains (such as Ethereum), Bytom only focus on Assets Register and circulation area.
Bytecoin (BCN) is the first cryptocurrency based on the CryptoNote technology with an open source code designed for anonymous cash settlement. BCN protects the user’s privacy with impassive and anonymous transactions.
This is a completely independent currency, developing separately from Bitcoin and its forks. The basis for the creation of Bytecoin was the unique CryptoNote technology.
Due to CryptoNote and the obfuscation added to the protocol, passive mixing is provided: all transactions in the system are anonymous, and all participants in the system can use plausible deniability in the event of a capture.
IOT Chain (ITC) is also known as the IOTA of China. IOT was developed as a lite operating system using the blockchain concept and implementing PBFT, DAG, SPV and CPS technology, allowing data to be layered and stored in a decentralised manner and providing protection with the combined strength of the millions of IoT nodes within the network.
The technology will result in an economy of sharing for Internet of Things (IoT) devices in a decentralized and energy efficient environment while producing a wealth of valuable user data which can be used as fuel for the development of AI with users rewarded for providing this fuel.
Under this network, the interconnection of IoT devices of a home, a business or even a city can truly flourish without worry of transfer congestion, malicious attacks or losing privacy.
Electroneum (ETN) has been designed and built to give ordinary, non-technical users a chance to obtain and enjoy a cryptocurrency. They have developed an iOS and Android app that not only contains easy wallet functions, but also allows a mining experience to let anybody get into; cryptocurrency within minutes of downloading a free app. Their blockchain has been specifically chosen and modified to limit the ability of ASIC and GPU miners, allowing the 2 billion + smartphone users to run the blockchain.
Reddcoin (RDD) cryptocurrency is a digital peer-to-peer medium of exchange with no central authority or banks managing its transactions.
Reddcoin is dedicated to one thing – tipping on social networks as a way to bring cryptocurrency awareness and experience to the general public. Social networks are now part of our everyday lives. They give every person on this planet a fair chance at showing the world how awesome they are. Getting an upvote, like, or retweet for your well-received comment or picture is fun, but unfortunately, they have no real value. Fortunately, there is now something better than imaginary internet points – Reddcoins.
Dragonchain (DRGN) describes itself as a”chain of business magic.” The developers claim that they have created”the safest, most flexible, ready-made business platform”.
Like many companies in the blockchain industry, Dragonchain serves its platform for companies that have heard about the benefits of blockchain technology, but are not sure how to implement blockchain in their existing systems. With this in mind, Dragonchain has created a secure, scalable, decentralized platform that can be implemented in any business.
The platform was originally developed by Disney employees in 2015 and 2016, and was later released as open-source software at the end of 2016. Today, developers Dragonchain are eager to introduce this platform to companies worldwide as a solution “turnkey” blockchain.