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Stellar is the most similar to Ripple (I think they had code in common at some point). Dash and Monero are a little older, and I don't think they solve the sca
by macawfish 9y ago
Stellar is the most similar to Ripple (I think they had code in common at some point). Dash and Monero are a little older, and I don't think they solve the scalability issue in any special way, but are definitely less popular and therefore more usable.
I recommend reading forum posts about these different currencies to get an idea of what people think are the most competitive features/pitfalls. You could google something like "most scalable alt-coins" and then read stuff from reddit and bitcointalk.org. When a few of them have gotten your attention, do a "x vs. y vs. z" search and read more forums. You kinda have to feel it out!
- njarboe 9y agoHere is how I would suggest "feeling it out", if you are more technically inclined. Once you think you might want to buy some of a coin buy doing the above, first read a coin's whitepaper to give you a good idea of how it works and if it is just a scam. Then google around for other technical blog posts explaining how that other person, who hopefully has been using it, thinks how it works. Finally set up a node on your home machine (for bitcoin you need to download a ~165 GB blockchain, which is huge, but others are in the few GB to 100 MB range) so you can work with it directly. Then make some small transactions so you know how to do it before you make any large ones. If transacting goes easy with small fees and there are lots of sites using the coin, maybe it has a future.