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How do the various cryptocurrencies compare? There appear to be quite a few of them [1,2]. Are BTC, Litecoin, and Primecoin the best/most popular? [1] http://e
by possibilistic 13y ago
How do the various cryptocurrencies compare? There appear to be quite a few of them [1,2]. Are BTC, Litecoin, and Primecoin the best/most popular?
[1] http://en.wikipedia.org/wiki/List_of_cryptocurrencies http://en.wikipedia.org/wiki/List_of_cryptocurrencies
[2] https://en.bitcoin.it/wiki/List_of_alternative_cryptocurrencies https://en.bitcoin.it/wiki/List_of_alternative_cryptocurrenc...
- andrewla 13y agohttp://coinmarketcap.com/ http://coinmarketcap.com/ has estimates of market capitalization based on exchanges for various cryptocurrencies. A reasonable proxy for popular in some cases.
- dmix 13y agoLitecoin is #2 but when you click the bottom link "Looking for Ripple?", Ripple is #2. Ripple/Opencoin has 10x the market cap of Litecoin: http://coinmarketcap.com/ripple.html http://coinmarketcap.com/ripple.html But Ripple isn't a typical open source "crypto-currency". It's well financed and backed by big SF investors with the intention of making the founders/investors money, instead of miners, as the currency scales in price.
- meowface 13y agoLast I checked, Litecoin was the only alternative currency that's been gaining serious traction over time.
- Buge 13y agoThe reason to mine Litecoin in this context is because the algorithm (scrypt) hasn't been taken over by ASICs yet. So CPUs have a smaller disadvantage.