Cardano (along with other few altcoins) has long been termed as the “Ethereum Killer.” This coin stole the spotlight when it reached an ATH price of INR 219.50 back in August last year. Cardano is a platform for blockchain developers to create apps but is far more efficient due to its proof of stake network mechanism.
Solana has a similar infrastructure as Ethereum, which is based on programmable blockchains, with its most prominent application being smart contracts. Solana exists on a synthesis of two consensuses; Proof-of-History (PoH) and Proof-of-Stake (PoS). And SOL does not have heavy transactional fees despite its swift speed.
Litecoin was created to solve the issues of Bitcoin when it originally came out. This has also led it to be named ‘Silver to Bitcoin’s Gold’. The coin has seen steady success throughout its career and is currently accepted by over 3000 businesses and stores worldwide.
With a market cap of over $8.975B, the origin of Cosmos dates back to 2014 when co-founders of the network Jae Kwon, Ethan Buchman and Zarko Milosevic were developing Tendermint, which operates as the gateway of Cosmos’s ecosystem. Cosmos is expanding rapidly. In crypto space, holding the position of being the 2nd largest ecosystem after ETH.
One crucial element of this cryptocurrency is that even though it’s quite similar to Ethereum’s smart contracts, Tezos stands out since it has an evolving infrastructure. Previously, big coins like BTC & ETH had to split their blockchain into hard and soft forks. However, with its secure network and eco-friendly model, XTZ can be a game-changer in the market.