-
Bitcoin $95,323.9554
1.58% - Ethereum
$1,810.3024
0.39% - Tether USDt
$1.0003
0.00% - XRP
$2.3203
6.46% - BNB
$606.8714
1.21% - Solana
$151.1130
2.25% - USDC
$0.9999
-0.02% - Dogecoin
$0.1810
0.47% - Cardano
$0.7174
3.34% - TRON
$0.2469
-1.12% - Sui
$3.7756
4.14% - Chainlink
$14.9011
2.58% - Avalanche
$22.1577
0.56% - Stellar
$0.2887
2.53% - Toncoin
$3.2964
1.56% - Hedera
$0.1956
4.05% - UNUS SED LEO
$8.9274
-0.83% - Shiba Inu
$0.0...01385
1.66% - Bitcoin Cash
$352.7203
0.30% - Polkadot
$4.2183
2.84% - Litecoin
$87.2404
1.50% - Hyperliquid
$18.1316
3.46% - Dai
$1.0002
0.02% - Bitget Token
$4.4051
-0.58% - Monero
$279.0806
22.40% - Ethena USDe
$0.9996
0.01% - Pi
$0.6143
-3.33% - Pepe
$0.0...09045
1.47% - Uniswap
$5.5934
-1.57% - Aptos
$5.6233
2.16%
best decentralized cryptocurrency
Bitcoin, decentralized and widely used as a store of value and investment asset, has a substantial market capitalization of over $1 trillion.
Oct 16, 2024 at 03:22 pm
Best Decentralized Cryptocurrencies
1. Bitcoin (BTC)
- Decentralized: Bitcoin operates on a peer-to-peer network, without a central authority controlling it.
- Market Cap: $1.09 trillion (as of February 2023)
- Transaction Fees: Low but can fluctuate during times of high network usage.
- Use Cases: Widely used as a store of value, payment method, and investment asset.
2. Ethereum (ETH)
- Decentralized: Similar to Bitcoin, Ethereum operates on a distributed ledger technology (DLT).
- Market Cap: $0.47 trillion (as of February 2023)
- Transaction Fees: Typically higher than Bitcoin, but can vary depending on network demand.
- Use Cases: Primarily used for decentralized applications (dApps), smart contracts, and non-fungible tokens (NFTs).
3. Binance Coin (BNB)
- Decentralized: Binance Coin operates on the Binance Smart Chain, a decentralized blockchain built by Binance.
- Market Cap: $0.095 trillion (as of February 2023)
- Transaction Fees: Extremely low, typically around $0.01-$0.10 per transaction.
- Use Cases: Used primarily for trading fees on the Binance crypto exchange and for participating in yield farming and staking programs.
4. Litecoin (LTC)
- Decentralized: Litecoin uses a similar proof-of-work consensus mechanism as Bitcoin, ensuring its decentralized nature.
- Market Cap: $0.012 trillion (as of February 2023)
- Transaction Fees: Lower than Bitcoin and Ethereum, making it suitable for micro-transactions.
- Use Cases: Often used for quick and inexpensive payments, acting as a digital silver to Bitcoin's digital gold.
5. Dogecoin (DOGE)
- Decentralized: Dogecoin operates on a decentralized peer-to-peer network like Bitcoin.
- Market Cap: $0.0011 trillion (as of February 2023)
- Transaction Fees: Negligible, usually less than $0.01 per transaction.
- Use Cases: Initially created as a joke currency, Dogecoin has gained popularity for its low transaction fees and community support. It is often used for tipping and micro-transactions.
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