There are many crypto-coins out in the world today that compete to dominate the market but one coin stands out because its vision is to work side-by-side with .
is considered the silver to ’s gold because it uses much of the same code as ’s but remains itself a separate chain.
What sets apart from is that it currently works on a cheaper and faster scale, with ’s transactions currently being processed 4x faster than ’s.
Launched in 2011, was created by former Google computer engineer Charlie Lee. Using ’s , Lee often jokes on interviews that he created simply for “fun” and that it’s the “light” version of the giant that is .
Fast forward to today, now sits comfortably as one of the top ten biggest by market cap, hovering around the $1.8 billion mark. Pretty amazing for something that was created just for fun, right?
Dubbing itself as the money for the Internet age, is the that was made to be used especially for payments.
’s mission is to be a “peer-to-peer Internet currency that enables instant, near-zero cost payments around the world”. It is also guided by its vision to complement to solve the world’s growing digital payment needs.
At present, ranks 7th in the world’s biggest and is priced around Php 1600 as of writing.
DISCLAIMER:
We are not an investment advisor, and this post is for educational purposes only. Any information contained in this blog is not meant to be taken as financial advice.
Published at Wed, 30 Jan 2019 08:07:25 +0000
