Litecoin (LTC): An Established Crypto With Decentralization and Security Features
Litecoin is one of the oldest and most established cryptocurrencies in the market. Invented in 2011 by Charlie Lee, Litecoin was created as an alternative to Bitcoin, with faster transaction speeds and lower fees. Thanks to its decentralization and security features, Litecoin has become a popular choice for merchants looking to accept digital payments.
Litecoin utilizes a proof of work consensus mechanism, as a way to ensure that the network remains secure. Like Bitcoin, Litecoin requires miners to solve complex cryptographic puzzles in order to validate transactions. This process rewards miners with Litecoins for their efforts.
However, proof of work also exposes Litecoin to risk from regulators. Multiple governments across the globe have taken steps to limit proof of work crypto mining. This threat could be one major roadblock to LTC's growth in the future.
Ripple (XRP): A Popular Payment Protocol Powered by Major Financial Institutions
Ripple is another major player in the crypto market. Ripple was invented in 2012 and was originally launched as a payment protocol.
Unlike many other cryptocurrencies, Ripple (XRP) does not use proof of work or proof of stake consensus algorithms and instead relies on a process known as "consensus." This allows all participating nodes to agree on the validity of transactions without having to mine them.
This process makes XRP faster and cheaper than many other cryptocurrencies. Moreover, Ripple also has backing from several major financial institutions. Both these facts point towards a bullish outlook for Ripple.
Nevertheless, Ripple also has some obstacles to overcome. The main issue is its potentially fatal Securities and Exchange Commission (SEC) lawsuit. The lawsuit against the company alleges that Ripple conducted an unregistered securities offering of XRP tokens.
Orbeon Protocol (ORBN): Disrupting Venture Capital & Crowdfunding Industries
The Orbeon Protocol (ORBN) is a decentralized protocol for venture capital & crowdfunding investments It provides an open platform for businesses & individual investors alike to join forces & invest in new ventures.
The protocol will enable investors to access a wider range of investment opportunities. At the same time, it will allow startups to access more capital than before.
Orbeon Protocol does this using fractionalized, equity-backed NFTs which can be purchased for as low as $1 as a form of investment by retail investors, allowing them to access the venture capital industry with comparatively low capital.
Orbeon Protocol is among the most popular projects in the crypto space, due to its potential to disrupt venture capital. In fact, the token surged an impressive 1400% rally during the pre-sale event. Presale isn't over yet, and experts predict that this token could rise up 6000%.
Find Out More About The Orbeon Protocol Presale
Litecoin (LTC), Ripple (XRP), and Orbeon Protocol (ORBN) Take Cryptocurrency Market By Storm
Send us your comments or opinion on this article.