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Author: Admin | 2025-04-28
Blockchain remains king.ETHEREUM CLASSIC (ETC) Ethereum Classic continues to sit among the biggest cryptocurrencies in the world. Ethereum Classic is an interesting story of what happens when the bitcoin community – in democratic fashion – disagrees on an issue.Ethereum Classic emerged from the debacle surrounding The DAO. We covered that issue earlier in the book, but it can be summed up like this: some people believed Ethereum should preserve the blockchain as an immutable record with no “roll backs”. These people eventually supported Ethereum Classic (ETC). Others believed that the blockchain could be rolled back in the interests of the greater community. These people eventually supported Ethereum (ETH), which remains the dominant currency to this day.Ethereum Classic maintains decent market share. It’s consistently been within the top 10 or 20 cryptocurrencies throughout 2017. It’s still used in the occasional token sale, and it maintains many of the same advantages as Ethereum (like cheap transactions and access to the Ethereum blockchain and its smart contracts/virtual machine)LISK (LSK) Lisk is a public blockchain powered by a cryptocurrency called LSK. That blockchain was launched in May 2016, and has started gaining momentum throughout 2017.Like Ethereum, Lisk is a platform where developers can build decentralized blockchain apps. The platform was initially launched as a fork of Crypti, beginning with an ICO.There’s a big difference between Lisk and Ethereum. With Lisk, every blockchain app is built on its own sidechain, which is separate from the main blockchain. With Ethereum, all apps are built directly on the main Ethereum blockchain (in the Ethereum virtual machine). The two platforms provide similar services – they both allow developers to build decentralized apps – but they go about it in two different ways.OTHER ALTCOINS Ultimately, there are literally 1,000+ altcoins on the market today. New altcoins are introduced to the market on a near-daily basis. Some altcoins will become the next Ethereum or Monero. Others are pump and dump scams built to capitalize on a silly name or recent trend.If you plan to invest in altcoins, do your research. Watch for scams. Check company information. Do your due diligence as an investor. If you do this, and pay close attention to what you’re buying, then you might become successful in the world of altcoin investing.HOW TO RESEARCH ANY CRYPTOCURRENCY INVESTMENT OPPORTUNITY: TOP 5 SIGNS AN ALTCOIN IS A SCAM Ultimately, altcoins can represent an enormous investment opportunity. Some altcoins
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