Why cryptocurrency will survive

Since the blockchain became known in 2017, cryptocurrency investment seems to have become a global trend. Now, there has countless cryptocurrencies. According to Citicoins statistics, there are 1600 cryptocurrencies on the cryptomarket. Many people are asking, is the era of cryptocurrency really coming? Will people not use the U.S. dollar or RMB in the future and use cryptocurrencies instead? So many varieties currencies, which one should I use? Do you want to invest some now? Everyone’s investment strategy is different. Some people choose long-term investment. Some choose short-term investment. But so far, most cryptocurrency investors are still young and inexperienced men. Each investor must choose a reliable, truly promising project. Well, many people have heard and understood blockchain, Bitcoin, and EOS. Some people have also invested in Bitcoin. For those who have not known it, it doesn’t matter. This article does not involve technology, but only discusses some of the most basic principles of cryptocurrency and let more people understand a variety of cryptocurrencies.

1, Expanse is an open blockchain platform, is a programmable blockchain, unlike Bitcoin, no one controls. It allows anyone to build and use decentralized applications that run on blockchain technology. Expanse integrates many of the features and technologies that Bitcoin users are familiar with, while also introducing many of their own modifications and innovations. Like any blockchain, Expanse also includes a peer-to-peer network protocol. The extended blockchain database is maintained and updated by many nodes connected to the network. Expanse — It is an open source project created by many people around the world. The Expanse blockchain tracks the status of each account, and all state transitions in the Expanse blockchain are transfer of values and information between accounts. But unlike the Bitcoin protocol, Expanse is designed to be adaptable and flexible. Creating new applications on the Expanse platform is easy and with Homestead published, anyone can safely use these applications.

Expanse now has a market cap of $12,269,146 USD and total supply 16,906,397 EXP, on today May 26, Expanse price up 1.10% and hits $1.55 USD.

2. Flixxo is creating a distributed video network where users are the owners and beneficiaries of their content. Flixxo plans to use blockchain technology to eliminate mediation. This platform will allow advertisers, viewers and content creators to interact directly. While platforms such as YouTube charge up to 40% or 50%, Flixxo expects future content creators to get higher clips for creating videos. Flixxo is a decentralized video sharing platform designed to provide video creators and viewers with a better experience. On Flixxo, each author or video publisher uploads his work to the internet and selects the revenue model: how much Flixx to spend on watching his content, and what percentage of the revenue will be shared with distributors. The more they share, the more incentives they have for distributing and producing videos online. This model will attract many video content creators. But also faced with numerous video industry competitors, so the success of this project depends entirely on the future development of Flixxo.

Flixxo (currency: FLIXX ) also up 1.01% and Flixxo price is about $0.11. Flixxo has a market cap of $8,564,606 USD. Its 24 hours trading volume has $311,850 USD. Flixxo now total supply 189,151,329 FLIXX.

3, Sociall is a kind of social currency, currency: SCL, in the life, the currency is the easiest circulation; but in the social network, the sociall currency is the easiest circulation. Sociall currency will be used in the nexus trading market, where users can purchase or sell goods or services. The advertising space on the platform will be self-service and semi-automatic, and they can also be purchased with social coins. Any user can initiate crowdfunding activities at nexus to contribute to different categories of events, such as emergency situations, business ventures, charities, etc. Successful economic activities require a common standard that all trading counterparties trust and are not easily obtained or manufactured independently.

Sociall price on today rise 0.83% and has a market cap of $2,894,734 USD. Sociall its 24 hours trading volume has $244 USD. Total supply 16,714,020 SCL.

Why does cryptocurrency survive?

Skeptics believe that after a sharp increase, they fall and fall. This kind of decline will kill the world of cryptocurrencies for some reason. The cryptocurrency value may appears to be unstable, but the basic idea has value. This is the possibility of movement around the limits and boundaries of financial freedom. This is a factor that reinforces the value of each cryptocurrency, and we will use them in some form in the future. But to prepare, the current “bubble” may explode, and only the best projects will remain in the game.