Various Types of Cryptocurrency

Cryptocurrencies have become a world phenomenon in recent years, and the market is constantly increasing. Not all cryptos will have the same potential to grow, with more than 8,000 digital currencies on the market. In fact, some will probably fail and some will be undervalued, of sure. There are some of the known cryptocurrencies in 2021:

Telcoin (TEL):

The TEL’s current market price is $0.038 following a 24-hour rise of more than 73 percent. Especially just one-week bitcoin prices rose by over 426.87%. The main concentration of Telcoin is on the transferred business and, for that market, Western Union is the current leader and was formed by Paul Neuner and Claude Eguienta.

Bitcoin Diamonds (BCD):

BCD’s current market price is $5.24, up 64.67% over 24 hours. In particular, within a week, its prices had risen by 137.04%. The platform is a hard workforce of BTC and features a novel proof of working consensus method to prevent network assaults. It also permits more transactions per second by separating the transaction signature from the chain transactions.

ABBC Coin (ABBC):

After a gain of about 2.99 percent over 24 hours, today’s ABBC market price is $0.78. Notably, within a week the token will increase by more than 100%. The ABBC platform is designed to enable safe payment transactions to facilitate the retail adoption of cryptos and to give investors the capability to oversee the growth of this platform through the transfer of voting privileges.

GateToken (GT):

GT is presently priced at $6.93 following a 12.44 percent gain over 24 hours. In particular, within a week the GT price has grown by more than 94%. GT is Gate Chain’s native cryptocurrency and a public blockchain platform that focuses mostly on asset security and decentralized trade. With a single Vault account, Gate Chain is trying to deal with abusive transactions. It also offers a wonderful clearance tool to address important personal losses and asset robbery issues.

Topia Coin and Topia Technology

On 19 October 2012, the enterprise announced the beginning of TopiaCoin ICO, with 300 million tokens for the late presale period in October and a public sale starting on 6 November. The ICO was opened. It’s a big step for Topia to leverage ICO funds to build a new security platform that will integrate Topia’s known encryption technologies with the “blockchain” technology which safeguards numerous digital currencies – especially Bitcoin.

You can read more about Topia Coin at topiacoin.io, a blog about cryptocurrencies in general, and Topia Coin and Topia Technology).

In plain terms, Blockchain is the ‘distributed bookcase technology,’ a growing list of records secured by means of encryption and decentralization. The ledger is stored on several machines through cloud information, instead of the files on one server. If the data is updated on one device, a record will be confirmed and recorded into many other devices, which means that there is always a certain digital “paper” trail.

The principal use of this technology in the virtual currency field has so far been. Cryptocurrencies such as Bitcoin and Ethereum rely on blockchain for the safety of data; ironically it requires so much processing power for individual Bitcoin servers to run records for every Bitcoin transaction that are concurrently updated and shared.

Topia seeks to apply this technology to networks within enterprises – or between firms and customers or between physicians and patients on a smaller scale.

“Topia’s foundation and CEO Janine Terrano is the best way to characterize our solutions as a safe post office on a worldwide scale. “Companies and people may safely share digital assets, important information, papers, etc. in a totally secure manner in which a central authority cannot abuse neither the data nor the activities of the user.

“Share sharing with family members and relevant caregivers the medical information of your aging parent. Only people in your ‘network’ can access the information and because it is managed decentrally, you won’t have to worry about a cloud service provider hacking and compromising your data.”

Obviously, it takes cash to upgrade such notions, which is why the TopiaCoin ICO is introduced. Terrano notes that discussions with corporate consultants show strong involvement in the process of pre-sales while the precise statistics are still too early to be discussed.

And the precedence is for trust: In the first half of 2017, technology start-ups collected more money via ICO crypto-currency than venture capitalist investing worldwide, VentureBeat reports, a technology innovation website. Crypto economics has been quite effective for the initiative.