top cryptocurrencies according to Market cap & Performance

Top 7 cryptocurrencies according to Market cap & Performance in 2020

Bitcoin (BTC) is a consensus network that enables a new payment system and a completely digital currency. Powered by its users, it is a peer to peer payment network that requires no central authority to operate. On October 31st, 2008, an individual or group of individuals operating under the pseudonym "Satoshi Nakamoto" published the Bitcoin Whitepaper and described it as: "a purely peer-to-peer version of electronic cash, which would allow online payments to be sent directly from one party to another without going through a financial institution.

Current market Price:$7350
Market Cap:$133,977,664,771
Circulating Supply:18,309,875 BTC
Max Supply:21,000,000 BTC

Ethereum is a decentralized platform that runs smart contracts: applications that run exactly as programmed without any possibility of downtime, censorship, fraud or third party interference. In the Ethereum protocol and blockchain there is a price for each operation. The general idea is, in order to have things transferred or executed by the network, you have to consume or burn Gas. The cryptocurrency is called Ether and is used to pay for computation time and for transaction fees.
It was crowdfunded during August 2014 by fans all around the world. It is developed and maintained by ETHDEV with contributions from great minds across the globe. There is also an Ethereum foundation and there are multiple startups working with the Ethereum blockchain.

Current market Price:$172.18
Market Cap:$19,011,613,093
Circulating Supply:110,415,860 ETH

Unlike Bitcoin which has its supply capped at 21 million, Ethereum has opted not to set an upper limit on its total coin supply.

XRP is the digital asset native to the Ripple system. It is said to be easy to use with almost free, instant transactions. Ripple is built upon distributed open source protocol, a consensus ledger and the aforementioned digital asset known as XRP.According to Ripple, those who use the digital asset XRP to source liquidity can reportedly do so in seconds. The team at Ripple hopes to enable the world to move value like it already moves information on the web today.

Current market Price:$0.199131
Market Cap:$8,757,580,266 USD
Circulating Supply:43,978,966,311 XRP
Max Supply:99,991,020,177 XRP

Bitcoin Cash (BCH) is hard fork of Bitcoin. which took place on 1st August 2017.this hard fork increased the block size to 8MB.which made a new blockchain. equal bumber of BCH was hard forked to those who owned Bitcoin.

Current market Price:$257.16 
Market Cap:$4,724,766,385 USD
Circulating Supply:18,372,513 BCH
Max Supply:21,000,000 BCH

Bitcoin SV which means Bitcoin(SV) Satoshi Vision
The coin came into existence after a hashing dispute broke out after the network upgrade scheduled for November 15th, 2018. This dispute resulted in the chains being split.

Current market Price:$190.37 
Market Cap:$3,497,159,115 USD
Circulating Supply:18,369,877 BSV
Max Supply:21,000,000 BSV

Litecoin is a peer-to-peer cryptocurrency created by Charlie is a open source software project released in 2011. It was created based on the Bitcoin protocol but differs in terms of the hashing algorithm used.Notable differences include a reduced block generation time, larger maximum supply, and a new hashing algorithm.Litecoin uses the memory intensive Scrypt proof of work mining algorithm. Scrypt allows consumer-grade hardware such as GPU to mine those coins.

Current market Price:$45.87 USD
Market Cap:$2,956,261,432 USD
Circulating Supply:64,453,815 LTC
Max Supply:84,000,000 LTC

EOS is smart contract platform for the deployment of decentralized applications.The platform emulates most of the attributes of a real computer including hardware (CPU(s) & GPU(s) for processing,The resulting technology is a blockchain architecture that has the potential to scale to millions of transactions per second, eliminates user fees and allows for quick and easy deployment of decentralized applications.The EOS software provides accounts, authentication, databases, asynchronous communication and the scheduling of applications across multiple CPU cores and/or clusters.

Current market Price:$2.76 USD
Market Cap:$2,547,325,549 USD
Circulating Supply:921,580,438 EOS
Max Supply:1,018,280,450 EOS

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