What is the best CryptoCurrency?
In my opinion, there won't be one coin to rule them all - each of them has its upsides and downsides.
Some coins got too much hype but development is slow so I decided to look for alternatives that actually beat top coins in technology.
This is a list of cryptocurrencies that I think are the best suitable in said category at the moment, things might change in the future though.
Best for transactions
Here I got one coin for each type, they are all cheap and quick for transactions, DigiByte is even more secure than Bitcoin.
While Solana is a clear winner for transaction throughput and staking rewards. And Nano is hands down the fastest, feeless and one of the most energy afficient cryptocurrency.
Proof of Work
- DigiByte (DGB)
Proof of Stake
- Solana (SOL)
Proof of Capacity
- Chia (XCH)
Directed Acyclic Graph
- Nano (XNO)
Best for Dapps
This might change but at the moment BNB offers most useful dapps with much lower fees than Eth.
- Binance Coin (BNB)
Best for NFT's
Most NFT's are being made on Ethereum despite slow and expensive transactions.
- Ethereum (ETH)
Best for Privacy
Most popular and reliable private cryptocurrency.
- Monero (XMR)
Best for Micro Transactions and Data Transfers
Fast, feeless, enegy efficient DAG cryptocurrency that allows sending even 0 balance.
Huge ambitions that in theory can make all other cryptocurrencies irrelevant.
- IOTA (MIOTA)
Last updated: November 13, 2021