5 Hot Cryptocurrencies to Check Out

If you’re looking for a way to invest in crypto, or just want to take a closer look at some of the best cryptocurrencies on the market, we’ve got you covered. Here are five hot cryptos to check out – some of them are well-known to the audience but they still have more to offer. 

1. Ethereum (ETH)

Ethereum is a decentralized platform that runs smart contracts: applications that run exactly as programmed without any possibility of downtime, censorship, fraud, or third-party interference. These apps run on a custom-built blockchain, an enormously powerful shared global infrastructure that can move value around and represent the ownership of property.

Ethereum was crowdfunded in 2014 by fans all around the world. It is developed by Ethereum Foundation, a Swiss nonprofit organization focused on research & development as well as educational outreach to help ensure its future success.

2. EOS (EOS)

Get ready to dive into one of the most promising cryptocurrencies around. EOS is a platform for decentralized apps, which means it’s designed to be used by developers and users alike. And while there are plenty of other platforms out there that offer similar services, EOS stands out because it’s been designed with scalability in mind–meaning that as more people use it, its capacity grows along with them (something we’ll get into later).

But why should you care about this? Because if you invest now and hold onto your coins long enough, they could be worth tens or even hundreds of thousands in just a few years’ time! And if you’re looking for an investment opportunity that will deliver consistent returns over time without taking too much risk on any one bet…well then EOS might just be perfect for you!

3. NEO

NEO is a blockchain platform that allows for the creation of digital assets, smart contracts and more. It’s often called the “Ethereum of China,” because it has similar functions and goals to Ethereum, but it operates differently due to its use of delegated Byzantine Fault Tolerance (dBFT) instead of Proof-of-Work (PoW) or Proof-of-Stake (PoS).

The key benefits of NEO include:

• Speed: Transactions are faster than those on Ethereum because they are processed by dBFT rather than PoW or PoS. This means there’s no need for miners–all transactions can be completed without them!
• Stability: The system is designed so that only one node can produce blocks at any given time, which minimizes errors in processing information and ensures stability overall throughout the network.* Security: With delegated Byzantine Fault Tolerance (dBFT), users will have peace of mind knowing their funds are safe from hackers trying to steal them through DDOS attacks because only one person has access at any given time.

NEO’s advantages are clear. But there are also some disadvantages to consider: Limited availability: NEO is only available on a few exchanges, so if you want to buy or sell it, you’ll need to use one of them. This can make it difficult for people who don’t have accounts with those specific exchanges. Complexity: While the system is designed to be simple and easy to learn, using it can still be more complex than Ethereum because it has so many functions and uses.

4. Litecoin (LTC)

Litecoin is a peer-to-peer cryptocurrency that was created by Charlie Lee, an MIT graduate and former Google employee. Litecoin is based on an open-source global payment network that is not controlled by any central authority. In addition to being exchanged for fiat currency, Litecoin can also be exchanged for other cryptocurrencies such as Bitcoin or Ethereum.

Litecoin was the first altcoin and has been around since 2011 when it launched via an open-source client on GitHub under the MIT/X11 license. The project was a fork of Bitcoin Core 0.9 released with a few key changes: faster block generation time (2.5 minutes), different hashing algorithm (script), find our times more coins available per block reward Bitcoin original 21 million cap.

5. ZCash (ZEC)

ZCash (ZEC) is a privacy coin that was created as a fork of Bitcoin. It has a fixed supply of 21 million coins, which is why it’s also referred to as “the Bitcoin of the future.”

It uses zero-knowledge proofs (zk-SNARKs) to ensure transactions are private and anonymous. This means that no one can see how much money you have sent or received unless they have access to your wallet file, which only you hold the key for–not even ZCash itself!

The network also uses something called zk-STARKS technology, which makes it ASIC resistant; this means that anyone with an ordinary PC can mine on the network without having their hashing power diminished by specialized mining equipment like ASICs or GPUs used by many other cryptocurrencies today such as Ethereum Classic (ETC) or Litecoin (LTC).

Conclusion

We hope this article has helped you get a better understanding of the different types of cryptocurrencies out there. There are so many great projects that we couldn’t possibly cover them all in one post! Speaking of which check this awesome guide on the best crypto to buy this season. We encourage you to do your own research and find out what works best for you–after all, that’s what makes cryptocurrency so exciting: it’s an emerging market where anyone can participate and make their voice heard.