New cryptocurrencies are continually getting introduced to the crypto space, but very few come with new technology. The new coins in the market tend to fork from existing technologies, acting as uninspired copies of their predecessors. That is why every investor should research the coin’s background diligently and note the level of technological improvement embedded.
Nonetheless, there are individual coins that stand out from the rest with their advanced technologies. These coins launch with strong fundamentals and newly discovered technologies that make them industry leaders. In this article, we’ll look at the five most technologically advanced cryptocurrencies and what they offer the investor.
Apollo Currency (APL)
Apollo is the world’s first cryptocurrency to launch and implement database level sharding, making it one of the only indefinitely sustainable blockchains on the market. Furthermore, APL is the first cryptocurrency to make wallets Quantum resistant and run on a Quantum resistant blockchain and algorithm. Apollo is the first cryptocurrency to launch a national currency platform and host a national currency. It’s also starting a mass adoption crypto-friendly world bank.
As the world’s most feature-rich cryptocurrency, Apollo offers advanced technologies such as sharding, Apollo updater, Apollo atomic swaps, adaptive forging, node synchronization, and more. It also provides the fastest cryptocurrency transaction speed from sub-seconds to two seconds block-time. APL has some of the most significant use cases, including government and commercial, uses up to national bank levels.
The APL technology allows anyone to create an advanced token in seconds without complex code. Holders can send private and public transactions via encrypted messaging, private ledgers, IP masking, etc. In the future, Apollo plans to feature the world’s first Dapps infrastructure with limitless storage. Here’s the best exchange to buy it.
Gold Secured Currency (GSX)
Gold secured currency is from Apollo Fintech and hosted on the Apollo Blockchain. Therefore, it’s the only Quantum secured stable coin running on a Quantum resistant blockchain and algorithm Quantum Steel. Since it runs on the Apollo blockchain, it features all the technological factors as Apollo. These include; sustainability from first database sharing, security, speed, Quantum resistant wallets, launching mass adoption of the crypto-friendly world bank, etc.
GSX is a stable coin backed by gold and gold-rich land- this makes it redeemable for its gold value. As a GSX holder, you receive a yearly dividend and full ownership of trusts. Investors of GSX are the trust beneficiaries and legal owners of land rights, mining companies, and all mining assets.
As an investment, the GSX value is continually increasing due to the increase in its land and gold backing. The value further increases when 50% offered not sold in the CDE gets burned with the value moving to existing GSX. GSX combines the best elements of a stable coin, cryptocurrency, and investment coin. As the only currency that continuously grows in asset value, it’s way ahead of its counterparts in advancement. Here’s where you can buy GSX on presale with as much as a 50% bonus.
Stellar Lumens (XLM)
Stellar is a distributed payment infrastructure that seeks to reinvent the transfer of money and assets. It was founded in 2014, focusing on fast and affordable cross-border transactions. In 2015 Stellar replaced its software with a custom build alternative known as Stellar Core that uses the Stellar Consensus Protocol algorithm. The protocol is based on a consensus method known as the Federated Byzantine Agreement.
Stellar Consensus Protocol doesn’t require nodes to mine blocks; instead, it allows nodes to vote on transactions until quorums are reached. Furthermore, the nodes can serve as watchers or validators. The network has Stellar Anchors, which are entities that accept deposits of currencies and assets on Stellar.
Unlike its main competitor Ripple, Stellar focuses more on individual needs as opposed to corporate and large institutions. Stellar enables users to make easy and affordable international payments and conduct quick transactions between different currencies. The network also acts as a platform for the launch of ICOs.
Nano (NANO)
Nano is famous for charging no fees for sending or receiving cryptocurrency and its light protocol. Nano doesn’t use a typical blockchain where all nodes have to store information. Instead, it uses a block-lattice system, where each account is responsible for its blockchain. Since each individual is accountable for their block history and account chain, the transaction happens very quickly.
Furthermore, the removal of competition for miners to add to the next block ensures that the Nano network uses as little energy as possible.
A Nano holder only has to store the latest block with the account chains balance saving on the massive space usually required to store transaction histories.
Cardano (ADA)
Cardano has a unique two-layer structure built from a scientific philosophy, and peers reviewed academic research. Cardano is a smart contract platform that offers scalability, sustainability, and security in its layered structure.
The principles, engineering practices, and philosophies applied during the creation of Cardano came up with two layers. In a bid to separate accounting and computation, one layer is the Cardano Settlement Layer (CSL) for conducting transactions. The other layer is the Cardano Computation Layer (CCL), which runs blockchain apps.
EndNote
As a cryptocurrency enthusiast or investor, when buying cryptocurrency, you’re investing in its technology. The future of any coin is dependent on the sustainability of its technology. Any investor who understands the industry recognizes the importance of research before investment. New cryptocurrencies can look promising and sound exciting at first glance but end up not being sustainable in the long run. So before taking any significant steps, make sure you have in-depth information on the technologies involved.
Source: https://bitcoinerx.com/opinion/top-five-most-advanced-cryptocurrencies/
