Five more cryptocurrencies causing a stir
Joining the ranks of Grey Goose, Rolex and private jets, Ripple is a celebrity favourite, having been name-dropped by Madonna, Ashton Kutcher and Snoop Dogg. Its aim was to become the mainstream crypto, but it fell in value with the rest of them earlier this year.
Started by Vitalik Buterin, yet another babyfaced computer genius, it’s the second largest cryptocurrency, behind Bitcoin. At the time of going to press, its value was faring better than its rivals.
Created by exGoogle employee Charlie Lee (who has since sold pretty much all of his coins), it’s meant to be an everyday crypto with faster transaction times that make it easier to spend.
Monero’s selling point is that it is anonymous, meaning your transactions can’t be traced. Ahem.
A crypto for influencers. It had to happen, right? Steemit is a blogging and social-media platform that pays contributors in digital tokens – which can then be spent on other things on the site.