Top Cryptocurrencies to Buy in 2018 Suggested by Yee Kok Siong
There has never been a better time to re-evaluate and balance a cryptographic portfolio. Based on their solid foundation, here are five pieces that Yee Kok Siong feels worth sticking to or maybe buy at their current depressive prices (which, just warning, could go lower).
1) Bitcoin (because of its decentralization)
The number one belongs to Bitcoin (BTC), which remains the market leader in all categories. Bitcoin has the highest price, the widest assumption, most of the security (because of the phenomenal energy consumption of Bitcoin mining), the most famous brand identity (the forks have tried to be appropriate), and most of the development Active and rational. It is also the only piece to date that is represented in the traditional markets in the form of Bitcoin futures trading on the American CME and CBOE.
Bitcoin remains the main engine; the performance of all other parts is highly correlated with the Bitcoin performance. My personal expectation is that the gap between Bitcoin and most-if not all-other parts will expand.
Bitcoin has several promising innovations in the pipeline that will soon be installed as additional layers or soft forks. Examples are the Flash system (LN), the tree, Schnorr signatures Mimblewimbleund much more.
In particular, we plan to open a new range of applications for Bitcoin, as it allows for large-scale, microtransactions and instant and secure payouts. LN is increasingly stable as users test their different possibilities with real Bitcoin. As it becomes easier to use, it can be presumed to benefit greatly from the adoption of Bitcoin.
2) Litecoin (because of its persistence)
Litecoin (LTC) is a clone of Bitcoin with a different hash algorithm. Although Litecoin no longer has the anonymity technology of Bitcoin, amazing reports have shown that the adoption of Litecoin in the dark markets is now second, the only bitcoin. Although a currency that I have much more appropriate for the role of acquiring illegal goods and services, perhaps this presents itself as a result of the longevity of Litecoin: It was launched at the end of 2011.
Another factor in Litecoin's favor is that it integrates the Bitcoin SegWit technology, which means that Litecoin is prepared for LN. The Litecoin can benefit from an exchange of atomic chains. In other words, secure peer-to-peer trading of currencies without third parties (i.e. exchange) participation. Since Litecoin keeps its code largely synchronized with Bitcoin, it is well positioned to benefit from the technical progress of Bitcoin.
3) Ethereum (because of intelligent contracts)
Ethereum (ETH) has some major problems at the moment. First of all, governments are cracking on ICO, and rightly so: many have turned out to be either fraudulent or bankruptcies. Since most ico run on the Ethereum network as an ERC token 20, the ICO mania has brought a lot of value to Ethereum in recent years. If the appropriate rules are taken to protect investors Ethereum projects scams can claim certain legitimacy as a crowdfunding platform.
The second major problem facing Ethereum is the delayed transition to a new hybrid work and battery detection system. Ethereum mining GPU is currently profitable, but Bitmain has just announced Ethereum ASIC minor, which is likely to have an impact on the lower lines of GPU miners. It remains to be seen whether this will change the POW-and how successful this change is going to be.
If the Ethereum can survive these two major problems-regulation and mining-will have shown a great resilience. Otherwise, there are several competing currencies tracking its shadows, such as Ethereum Classic (etc), Cardano (ADA) and EOS.
4) Monero (because of his anonymity)
Although its adoption in the dark markets is not all that could be expected, I (XMR) remain the privacy of the Prime Minister. His reputation and market capitalization are still above those of his rivals-and for good reason.
Monero's code requires less confidence that the Zcash "loyal" key ceremony, and had a fair start, unlike Dash. That Monero recently changed his Pow to defeat the development of a small ASIC for his algorithm confirms the commitment of the piece of mining decentralization. A significant drop in the hash rate is due to the new version, which is consistently reported against ASIC. This could also be an opportunity for GPU and even minor CPUs to get back to me. The new version of Monero, 0.12, also includes other improvements that show Monero continue to grow along sensitive lines.
5) iPRONTO (A decentralized incubation platform)
iPRONTO is an incubation platform Ethereum chain dedicated to investors looking for a safe and reliable platform to invest in new ideas and future innovators that can present their ideas and receive opinions from users, Experts in the field on the practice and implementation of derived ideas.
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