TOP 3 cryptocurrencies that are making a splash right now

To shop on the net or to make your casino deposits, cryptocurrencies are becoming more popular. Even if not all of them are yet offered for transactions between companies and individuals, it should not take long. Of course, Bitcoin is being talked about a lot, but two of its brothers are following it today: discovery!

1. Bitcoin, the gold standard of cryptocurrency

You've probably already heard his name, his course hit the headlines a few weeks ago. It is also playing a roller coaster, and if it drops at the moment, we anticipate a new meteoric rise very soon.

Despite its popularity, it is a fascinating currency because it is very mysterious. Its inventor chose to hide behind a pseudonym, Satoshi Nakamoto. Everyone goes there with their own guess, but the true identity of this genius of the net has not yet been found.

Bitcoin is celebrating its 10th anniversary this year, and works on the principle of blockchains. Behind this barbaric term, understand that it is a mode of online data circulation, without a control body (as banks control money), but with inviolable security protocols. This is a concept that is rather vague for novices, but to put it simply: every time you make a transaction with BitCoin, it is as if you were writing the data of this transaction in a tamper-proof register without anyone understanding the language of your writing.

Be aware that the amount of Bitcoin in circulation is limited to 21 million units. The most fun, for experts, is to watch the Bitcoin price evolve as on the Stock exchange!

2. The Ether, from the Ethereum company

It is now the second most famous cryptocurrency after Bitcoin. The company that invented it, Ethereum, has been around since 2013 and was founded by a 19-year-old genius. Ether is also a currency that is based on blockchain technology. The differences with Bitcoin are very subtle for novices, but experts say that this currency could be used to sign smart contracts, in the worthy development of artificial intelligence.

It would have the ability to replace certain professions, such as notaries or lawyers, who act as "trusted witnesses" during the most important transactions.

By what process could this currency become intelligent? Very good question. We know that it is not yet accepted on online casinos, but with these promises, it could be the maximum guarantee of security on a gambling establishment for a minimum of cost.

3. Litecoin, the little brother of Bitcoin

In 2011, an ex-employee of the giant Google developed the Litecoin code by simply improving that of Bitcoin. That is why this kinship link is always paralleled between the two currencies.

Verifications are faster, and so are transactions, as a result. Litecoin is also cheaper than Bitcoin, which makes it a perfect candidate for everyday transactions... When are the casino deposits by Litecoin? They are not yet accepted on the platforms, but we bet that this revolution will soon arrive on our favorite gaming sites. Like its brother, Litecoin has a limited quantity, "only" 84 million units will eventually be in circulation.

The only cryptocurrency accepted by Canadian casinos today is Bitcoin. NetBet is one of the precursors of the use of this currency to deposit and withdraw in the online casino world. Try your hand at this new technology and win up to $200 in welcome bonuses by signing up! At the time we publish these lines, this represents 0.022 Bitcoin!