Bitcoin Cash is a hard fork in the Bitcoin environment. This has been brought about by an obvious need to expand the ability of the crypto currency to be used. With a slow transaction mode, Bitcoin has always suffered when it comes to the transaction time. Bitcoin Cash aimed to change this, as it has built in abilities to be expanded in size when it comes to the block chain. The block size limit has been made adjustable, and this gives the ability to research new ways to allow massive future increases. This gives Bitcoin Cash the ability to be used in large transactions by many merchants. This is a crypto currency that is worth less than the original Bitcoin, but mainly because there are more of them. Nonetheless, it is very desirable, and of course is priced accordingly. When the split occurred on August 1, 2017, owners of Bitcoin automatically were credited with Bitcoin Cash as well. Transactions after that date have been separated, and now you can choose to use either crypto currency.

DASH is one of the more popular cryptocurrencies, focusing on privacy and speed. It is based upon Bitcoin software, but it has a two-tiered network that increases speed and anonymity. With DASH, your transactions are completely anonymous as there is no public block chain. The privacy is kept by using master nodes, like the TOR network. In that network, just as in DASH, the software makes use of computers around the world that are exchanging information to build the database. In other words, the information is not stored on one long publicly available file. This is a departure from Bitcoin, which boast that you can see just how much Bitcoin is being used in the block chain, and therefore keep an eye on the amount available. With DASH, that would be a bit harder to accomplish.

Dogecoin is yet another cryptocurrency out there utilizing a block chain. While nobody knows the overall winner of the cryptocurrency battles down the road, one thing is for sure that the cryptocurrency known as Dogecoin is probably not going to be it. There are quite a few users, but the value of the cryptocurrency is so low that it’s hard to believe that it will be able to become a major player it once was thought to be capable of being. One thing that it does have going for it is that it seems to be backed by a very friendly community. However, as far as trading is concerned, although it can be found on several larger exchanges, the reality is that the value just has not taken off. At its peak, it was worth $0.0042, and has since cratered well below that level. The market seems to look very unlikely to change its attitude, as we are starting to see some clarity in the crypto currency markets.

Litecoin is a global decentralize crypto currency based upon blocked in, like most of the others. It has a few benefits beyond Bitcoin, which is its closest competitor. It has the same type of block chain in general, but is much quicker to process payments, approximately 4 times as fast as Bitcoin, making it more appealing to merchants as confirmation of a payment is much quicker. It has an encrypted wallet, as most cryptocurrencies do, and for every block that is created, minors get 25 new Litecoin. At the present calculation, there should be a complete production of 84 million Litecoin, which is 4 times as much as Bitcoin will produce. There is a wiki, community forum, and a plethora of tools to use for starting out. It is traded at most of the major exchanges, and one of the more popular cryptocurrencies in the world. With the flexibility, speed, and popularity of this cryptocurrency, it should continue to be a valuable exchange medium. Ultimately, this market trades in lockstep with most other cryptocurrencies, as it is a speculative market. Longer-term investors seem to be attracted to Litecoin as it is one of the easiest markets to access, and its larger volume tends to make it a little less volatile than some of the other cryptocurrencies.