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15 Top Crypto Coins traded in July 2017

Jul 15, 2017 Posted /  2117 Views

15 Top Crypto Coins traded in July 2017

15 Top CryptoCoins traded in July 2017:

1. Ethereum (ETH):

Ethereum is the most popular and efficient cryptocurrency introduced in the year 2013, which is open-source, decentralized and efficient world computing platform which has many additional functionalities such as Smart contracts and EVM (Ethereum Virtual Machine). 30+ global brands like Microsoft, JP Morgan Chase, etc have started the Enterprise Ethereum Alliance (EEA) which brightens the future of the Ethereum blockchain. Ethereum has a fast transaction speed and allows 25 transactions per second. In the list of Poloniex exchange, ETH/BTC pair is at the top position with the value of ETH as 0.08859 BTC.

2. Litecoin (LTC):

Litecoin is an open source and Peer-to-Peer (P2P) crypto currency. It is decentralized and is not managed by any central authority. It was built on the basis of Bitcoin but has many improvements compared to Bitcoin. LTC's major advantage is the Segregated Witness that helps in increasing the transaction speed. Using this algorithm, BTC can have its highest disadvantage corrected. LTC is another coin traded in the Poloniex platform which has a price of 0.01894 BTC.

3. Ripple (XRP):

Ripple is the fastest and best scalable digital asset, which enables real time payments and transactions possible from anywhere in the world. It's stable in the market and it is built on an open source block chain network. Thus it provides all the features of Blockchain. They allow really fast transactions which merely take 4 seconds. And they allow almost 1000 transactions per second which is very much higher than any leading crypto currency. In the Poloniex exchange, the XRP has a price of  0.00008256 BTC and for the XRP/BTC pair, the volume in 24 hours is XRP 63,381,380.90 and BTC 5,085.34.

4. Stellar Lumen (XLM):

Stellar Lumen or XLM is a token or crypto coin introduced by the Stellar payment network. Initially, the XML was based on the Ripple consensus protocol, but later they have rewritten the code. It works on the Proof-of-Stake (PoS) algorithm and has a total supply of 100 billion tokens. IT has a 1% annual inflation rate. All transactions are done through their web wallet. For the XLM tokens, price in POloniex exchange in BTC is 0.00000738 BTC. For the XLM/BTC pair, the current volume is  XLM 548,973,127.97 and BTC 3,887.13.

5. Ethereum Classic (ETC):

Ethereum classic is an attempt to keep the Ethereum block chain intact on the basis of the fork when DAO came into existence and collided. ETC started trading in Poloniex and they are gaining more and more success from that. The platform is built from decentralized, permissionless and secure blockchain. REcently, ETC has introduced the Die Hard Fork, which counters the difficulty faced in the Ethereum blockchain. Currently, the ETC/BTC pair in Poloniex exchange has the latest volume of ETC 468,517.94 and BTC 3,508.35.

6. Stratis (STRAT):

Stratis (STRAT) is the cryptocurrency of the Stratis platform which facilitates the formation of a corporate usable public as well as private blockchains. The platform offers a one-click blockchain deployment. This blockchain can either be made suitable and apt for use in any industry or can mold into the features of any other main stream Cryptocoins like Ethereum or Lisk. It has a wallet called the Breeze wallet which is the best of its kind built in the Bitcoin platform till date. In the Poloniex platform, the price of the STRAT is equivalent to 0.001437 BTC.

7. Bitshare (BTS):

Bitshare is a decentralized platform for the blockchain platforms like the Bitcoin which allows users to do online exchange and banking. It allows very fast transaction speeds and can allow 100000 transactions per second. They use a delegated Proof-of Stake (PoS) algorithm for consensus. Bitshares provides many security facilities and their permissions are centered around people rather than crypto currencies. BitShare can be used to launch Decentralized Autonomous Companies (DACs) which issue shares, produce profits and distribute profits to shareholders.

8. Factom (FCT):

Factom is a platform that creates a Faster, Cheaper, Bloat-free Way to Develop Blockchain Based Applications. Factom accomplishes this with a network of Federated servers. These servers rotate responsibility for different aspects of the system. No single server is ever in control of the whole system, but only a part of the system. The platform can be used for other than money purposes just like Bitcoin. In the Poloniex exchange, the price of FCT is 0.006588 BTC. 

9. DigiByte (DGB):

DigiByte (DGB) is a decentralized, open-source cryptocurrency and payment network launched in January 2014 as a fork of Bitcoin. But it's very different from the algorithm in terms of speed of transactions and the scalability. It can afford transaction speed of 3 minutes and 140 transactions can be done per second. The project plans to supply a total of 21 billion coins over 21 years. In Poloniex exchange, the price of DGB in BTC is 0.00000485.

10. Sia Coin (SC):

Sia is a platform based on the decentralized and open source blockchain technology. It is a place where users can contribute their disk storage to the network or blockchain. This disk storage can be made available for rent and users can make a profit from that. The Sia- platform is built on Bitcoin like a platform and has many features like smart contracts which make the platform secure and reliable. The payment medium of the platform is the Sia Coin (SC) which employs the Proof-of-Work algorithm.

11. DASH:

Dash is a cryptocurrency you can use to spend anywhere in the world. Its transactions are so secure and are confirmed by 1,000 Gigahash of X11 ASIC computing power and over 4,100 servers hosted around the world. You can send instant payments through the platform and all the data regarding the person and account is held private by the PrivateSEnd system. It is completely built upon an open P2P (Peer-to-Peer) network.

12. ZeroCash (ZEC):

Zcash (ZEC) is a cryptocurrency launched in October 2016 as a fork of Bitcoin. Its main focus is on privacy and anonymity of transactions. The project uses a technology called "Zerocash", a cryptographic currency protocol that does not reveal the origin, destination and the amount of the payment in the blockchain; instead, the correctness of the transaction is demonstrated via the use of a cryptographic concept called "zero-knowledge proof". Like Bitcoin, Zcash is a proof-of-work cryptocurrency generated by mining with a total supply set at 21 million coins. The block time is just 2.5 minutes (four times faster than Bitcoin's).

13. Monero (XMR):

Monero or XMR is an open source decentralized cryptocurrency derived from the Bitcoin which gives emphasis to security, decentralization, and scalability. It is built based on the crypto note protocol. It works on the Proof-of-Work consensus. MOnero provides privacy in three ways namely ring signatures, ring CT, and Stealth addresses. It does not have a heavily coded maximum block size which helps in improving scalability.

14. NEM - Distributed Ledger Technology (XEM):

Nem is an open source P2P cryptocurrency released in 2015 with many additional features from the traditional blockchain technology. It was released in Java and C++ versions. It introduces a new algorithm known as the Proof-of-Importance (PoI) and multi-sig accounts. It offers high security to the data stored. THe cryptocurrency of the platform is the XEM.

15. GameCredits (GAME):

GameCredits is a new platform creating a crypto payment gateway with very special features and advantages for the gaming industry. By this platform, the gaming industry can make more and pay less amount of money. It compensates all the problems happening in the traditional gaming industry and platforms. They have many anti-fraud techniques in the platform which makes it a new beginning in the gaming industry.

Applancer is an open platform for discussion on all things like Blockchain , Cryptocurrency and Ico news updates. As such, the opinions expressed in this article are the author's own and do not necessarily reflect the view of Applancer .

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Tags: Ethereum Ethereum coin Litecoin LTC exchange Ripple XRP exchange Stellar Lumen XLM exchange Ethereum Classic ETC exchange Stratis STRAT exchange Bitshare BTS exchange Factom FCT exchange Digibyte DGB exchange Sia Coin SC exchange DASH dash exchange zerocash ZEC exchange Monero XMR exchange NEM Distributed ledger technology Gamecredits GAME exchange

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