Here is The List of The Most Expensive Digital Currencies in The World

INDEPHEDIA.com - Currently a number of companies that have a lot of presenting digital or virtual currency (Cryptocurrency), which is designed as a medium of exchange.

This digital currency uses cryptography to secure and verify transactions and to control the creation of new units of certain cryptocurrencies. Basically, cryptocurrency uses blockhain technology as a place to record transactions.

Blockchain is a growing list of records that are linked and secured using cryptography. Data is stored throughout the network, so it is not vulnerable to exploitation by hackers or central failures.

Each note or series of notes on a blockchain is known as a block. Blocks are sent to the network and added to the blockchain after they are received by the network as valid transfers. Once verified, the block cannot be changed. Here is a list of the most expensive cryptocurrency that can be bought on the cryptocurrency market:

Mixin $ 96
Mixin is a peer-to-peer distributed network that links existing blockchain to verify asset transactions. This platform is available for download on the App Store for iOS and Google Play for Android. To join the Mixin network as a full kernel node, one must have at least 10,000 XIN.

Because of these requirements, no more than 50 kernel nodes will exist. This kernel is responsible for validating transactions. This kernel node does not function like a blockchain because all transactions in the Kernel are spread exponentially as soon as possible. XIN has a maximum token supply of 1,000,000 with currently available inventory of 439,109 tokens.

Bitcoin Cash $ 124
Bitcoin Cash is a crypto currency created in August 2017, this currency is a branch of Bitcoin. Bitcoin Cash increases block size, thus allowing more transactions to be processed. Bitcoin Cash is different from Bitcoin because of the increase in block size from 1MB to 8MB.

The purpose of Bitcoin Cash is to increase the number of transactions that can be processed, and supporters hope that this change will allow Bitcoin Cash to compete with the volume of transactions that can be handled by PayPal and Visa by increasing the block size.

Bitcoin $ 3,446
Who is not familiar with bitcoin? Bitcoin is a digital currency created in 2009 by unknown people using the alias Satoshi Nakamoto. Transactions can be carried out without intermediaries in other words, without banks. Bitcoin can be used to book hotels, shop online, and buy games. Bitcoin prices skyrocketed to reach above 200 million rupiah at the end of 2017.

Maker $ 372
MKR (Maker) is a cryptocurrency that is described as a smart contract platform and works with Dai coins and has the objective to act as a currency hedge that gives traders a stable alternative compared to the majority of coins currently available on the market.

Maker offers a transparent stablecoin system that can be fully checked on the Ethereum blockchain. Founded nearly three years ago, MakerDao is led by Rune Christensen, CEO and founder.

Ethereum $ 108
Like Bitcoin, Ethereum is a distributed public blockchain network. Although there are some significant technical differences between the two, the most important difference to note is that Bitcoin and Ethereum differ substantially in goals and abilities. Bitcoin offers a special application of blockchain technology, a peer-to-peer electronic payment system that allows online Bitcoin payments.

While the Bitcoin blockchain is used to track ownership of digital currencies (bitcoin), while the Ethereum blockchain focuses on running the programming code of each decentralized application.

On the Ethereum blockchain, the mining process to obtain Ether, a type of crypto token that fuels the network. In addition to tradable cryptocurrency, Ether is also used by application developers to pay transaction and service fees on the Ethereum network.

To get cryptocurrency you can directly buy it on the cryptocurrency market or by mining. Indeed, starting in 2018, cryptocurrency prices began to fall in line with many countries that refuse to use it. The price of cryptocurrency is very volatile.

For example, bitcoin reached its highest price at the end of 2018, around $ 17,060. As of this writing, the price of $ 3,446 means less than a quarter. However, cryptocurrency is a phenomenon that arises as a result of blackhain technology. (SBB.IN/ENG/*)