Strongest Altcoin Developer Teams in the Crypto Space Right Now - Global Coin Report
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Strongest Altcoin Developer Teams in the Crypto Space Right Now

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altcoin developer teams

It has been 10 full years since Bitcoin has gone live, and the coin has gone through a lot of development during that time. However, since some of its core issues still lack proper solutions, a lot of developers decided to try and provide alternatives for the first crypto, new coins that will address its largest problems early on.

These are known as altcoins, and they include every digital currency apart from Bitcoin itself, which inspired their creation. Today, there are over 2,100 altcoins, all of which are trying to compete with one another, as well as Bitcoin itself in one way or another.

However, none of them would have a strong presence, or even be here after a year as difficult as 2018, if they didn’t have strong, capable teams behind them. With that in mind, here are some of the strongest and most capable altcoin developer teams in the current crypto market.

1) Ethereum team

Ethereum is considered by many to be the second most important cryptocurrency in crypto history, even though it lost the second place on the list of largest coins to XRP. Ethereum is important because it shifted developers and investors’ focus from the coin to its blockchain. It opened an entirely new world of possibilities and inspired the creation of dApps and smart contracts.

Even now, Ethereum continues its development with new solutions, some of which were introduced in several hard forks only days ago. This was all possible thanks to its developers, which used to be represented by its co-founder, Vitalik Buterin. Even though Buterin recently decided to step down for the position of Ethereum team’s public face, he is still one of the top developers that the coin has, which still inspires trust in its future.

2) Cardano team

Cardano is another coin which is known for its very capable team, led by its creator, Charles Hoskinson. Hoskinson has had a long history with crypto, and he was there for the creation and early development of Ethereum, as well as Ethereum Classic. While he left both teams due to disagreements, he brought the knowledge regarding those two coins with him, which allowed him to create a new, potentially better coin — Cardano (ADA).

In a way, Cardano is one of the hopes for the future of crypto. It aims to resolve some of the most problematic issues regarding digital currencies, such as scalability and interoperability. Meanwhile, it has a team leader who contributed to the development of ETH, the main representative of the second generation of digital currencies. Because of this, many hope to see Cardano grow to be the representative of the third generation of crypto.

3) Binance Coin team

Many are likely already familiar with Binance Coin (BNB), as it is the native cryptocurrency of the world’s largest crypto exchange, Binance. The coin was created to be used on the exchange’s platform for paying different kinds of fees, and it has become quite popular, mostly because using it means getting a considerable discount.

The coin’s team is appreciated for several reasons, mostly due to their insight into what its users need. As such, they managed to create a cryptocurrency that addresses these needs, and BNB has generally made all the right moves since it was created.

4) Monero team

Finally, there is a team behind the privacy coin, Monero. Monero is considered to be one of the best privacy coins around, as privacy is one of the most desirable aspects of the internet. Those who use privacy coins can hide their transaction details, including identities and the amount of coin they are sending.

With that being said, the crypto space as we know it today was created with transparency in mind, which is why privacy coins are not tolerated in many of the largest exchanges. Regulators around the world also dislike them, as they are believed to be used for illegal activities. However, even with all the negativity surrounding privacy coins, Monero’s developers still managed to create a strong coin that does its job correctly, and still remains one of the most used coins today.

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Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Global Coin Report and/or its affiliates, employees, writers, and subcontractors are cryptocurrency investors and from time to time may or may not have holdings in some of the coins or tokens they cover. Please conduct your own thorough research before investing in any cryptocurrency and read our full disclaimer.

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Altcoins

3 Reasons Why WISE Token Could Be a Massive Winner in 2021

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WISE token

After working in proprietary trading for over a decade, I decided to transition to crypto in early 2017.  Although crypto is significantly different from traditional capital markets, I managed to successfully find a niche for successful and opportunistic trading.  While 2017 was the perfect time to get involved, the past few years have proven to be a bit more challenging as far as generating ROI.

Cryptocurrency traders have spent the past several years searching far and wide for the next big winner.  While the market as a whole hasn’t been very bull friendly, one specific area that appears to be gaining traction is decentralized finance, more commonly known as DeFi.  This area generally refers to the digital assets and financial smart contracts, protocols, and decentralized applications (DApps) built on Ethereum.  The reason why so many crypto entrepreneurs are flocking to this space is that it allows them to create traditional financial vehicles in a decentralized network, outside the meddlesome control of foreign governments.

One extremely popular DeFi project is Chainlink (LINK) which is a decentralized oracle network that provides real-world data to smart contracts on the blockchain.  Chainlink has seen its token price increase by more than 300% year-to-date.    Another impressive project in the space is Kyber Network (KNC) which has seen its token soar from $0.20 at the start of the year to more than $1.60 at present.  Kyber Network’s on-chain liquidity protocol allows decentralized tokens swaps to be…

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Lotto Nation is Revolutionizing the Traditional Lottery Industry

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Lotto Nation

As the global economy continues to deal with the economic fallout due to the ongoing pandemic, companies are coming to terms with the fact that normalcy may not return for quite a while.  Many economists are wondering how the business landscape will look a year or more from now.  It’s certainly possible that many businesses, such as retailers and restaurants, may be unable to survive the current downturn.  But while some businesses will falter, others will emerge stronger than ever.

Traditionally, when economies go through a severe downturn, companies adapt.  Those that maintain the status quo usually have great difficulty while those that adapt prosper and conquer.  One possible example of this is Lotto Nation.  Thanks to the entrepreneurial skills of Nils Thomson, the Founder and CEO of Lotto Nation, the company is attempting to completely modernize the traditional lottery industry.

Current Lottery Model is Severely Outdated

It’s safe to say that nearly every human that has ever walked the earth has fantasized about winning the massive jackpot that would completely change their life.  These dreams have turned the global lottery industry into a $302 billion market that is expected to reach $380 billion by 2025.  Despite this predicted growth, the industry suffers from a variety of problems that are preventing it from really exploding.

Perhaps the biggest problem is that traditional lotteries are centralized.  Because of this, there is essentially no oversight on what a lottery provider…

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Aluna.Social is a Compelling Social Platform for Crypto Traders and Investors

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Aluna.Social

When one thinks about the social media landscape, the companies that first come to mind are most likely Facebook, Instagram, LinkedIn, and Snapchat.  These platforms are a great way to stay connected with friends, families, and colleagues, especially when geographic distance is a factor.  But, in addition to just chatting about life in general and sharing pictures, social media can be used to bridge the information gap that exists within the investment community.

Over the last decade, many trading offices have been established in large cities all over the world which allow solo traders and investors to pay a monthly fee in exchange for a workspace.  The real benefit to trading in these offices is to participate in the free flow of trading ideas and information.  Proprietary trading is one of the most challenging careers to be successful at and the exchange of ideas is almost required in order to succeed.  Traders at hedge funds and investment banks work in teams so why shouldn’t remote traders?

While these trading offices are a great way to help bridge the information gap, Aluna.Social may provide an even better way, especially as it relates to cryptocurrency trading.

Mission Statement

Aluna.Social, founded by Alvin Lee and Henrique Matias, is a multi-exchange social trading terminal for crypto traders and investors.  The goal of the platform is to help newcomers shorten their learning curve, unlock their full potential, and improve trading performance.  Cryptocurrency trading can…

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