Crypto

Which cryptocurrencies are the most reliable in 2022

In recent years, cryptocurrencies have evolved into a decentralized monetary system. Hundreds of new cryptocurrencies appear on the network every year. Some of them are short-lived, while others have a dazzling fate. In this article, you will learn about the most reliable cryptocurrencies you can invest in in 2022.

bitcoin

Almost everyone who surfs the web and is interested in virtual currencies has heard about this cryptocurrency. Bitcoin, the first cryptocurrency to appear on the network in the late 2000s, is inevitably the benchmark for all cryptocurrencies. Even if to date no real identity can be linked to its creation, this currency has made its way since its inception.

In 2008, when Satoshi Nakamoto published the white paper of this currency, a large number of cryptographers already had predictions about the fate of the project. Some, such as Hal Finney, also very quickly joined forces to perfect the development of the project with Satoshi. Completely digital and free from all the limitations of the traditional financial system.

In November 2021, Bitcoin experienced its biggest rise. Its unit cost exceeded the symbolic level of $50,000, after which it fell sharply. Despite its volatility, Bitcoin remains the oldest and most trusted cryptocurrency in 2022. It has the highest value and is the most widely used cryptocurrency in the world. On e-commerce platforms, as well as in physical companies, bitcoin is accepted as a means of payment by almost everyone.

Bitcoin is a cryptocurrency based on blockchain technology. Since the launch of the first block on January 9, 2009 (block origin), thousands of blocks have been mined on the blockchain. It is also possible to buy and sell this cryptocurrency through trading platforms such as bitcoin 360 ai.

Bitcoin Cash

Officially launched on August 1, 2017, Bitcoin Cash has quickly taken its place among the best cryptocurrencies. Created in the image and likeness of Bitcoin, this cryptocurrency is a derivative of it. But unlike Bitcoin, Bitcoin Cash has a larger block size and an average mining frequency. For example, its block size is 32 MB with a maximum amount of 21 million. Its average block frequency is 10 minutes. From its inception until 2020, it offered 12.5 bitcoins per block mined. But this value has been revised down and now gives only 6.25 bitcoins per block.

Bitcoin Cash has been one of the most trusted cryptocurrencies since its inception. Among alcoins, it occupies an important place. And just like bitcoin, it is accepted as a currency for payments both online and in physical companies.

Ethereum

Ethereum is a cryptographic currency based on blockchain technology. Considered a direct competitor to Bitcoin, it is dynamic and very popular on trading platforms. Unlike Bitcoin and Bitcoin Cash, which have a block size limit, Ethereum blocks are unlimited. Their average frequency is 14 to 15 seconds.

Even though the value of Ethereum is still very far from the value of Bitcoin, it is one of the most trusted cryptocurrencies. Despite its instability, it is popular and accepted as a means of electronic payments. In addition, he became more popular. Because Ethereum is one of the cryptocurrencies underlying online transactions.

litecoin

Created in 2011 by Charles Lee, Litecoin is one of the most trusted cryptocurrencies for 2022. Since 2019, Litecoin has been paying out 12.5 of its units per mined block.

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