If you decide one day to invest in cryptocurrency, you should choose first what you are going to buy. Of course, you should know the basics of blockchain technology, be able to create cryptographic wallets and execute transactions properly. But still, the main thing is to figure out that this cryptocurrency is profitable and later it can be sold at a higher price. There is no clear answer to the question: “Which cryptocurrency to invest in?” Before investing money, you should study the market and analyze the prospects of the particular project. Pay attention to the following:
A) The degree of popularity in the blockchain community. If the trading ticker of this crypto
B) Ease of making transactions. Authoritative blockchain companies produce several types of wallets and besides their coins are supported by many third-party developers of multi-currency storages. It is very important for an investor to have a reliable cryptocurrency wallet (ideally a hardware wallet).
C) Security. Based on the above, we can make a conclusion that a promising network should be carefully protected from hackers. The best cryptocurrencies running on POW should have a quite powerful network to minimize the chance of an attack to 51%. And if the project you have chosen uses an alternative consensus algorithm, then it should have a well-thought-out scheme of protection against unscrupulous validators.
1) Multilevel blockchain
VectraCoin is developed on a multilevel blockchain. What does it mean? It allows you to combine the features of coins that at first glance are incompatible, For example for VectraCoin, these are smart contracts (which imply publicity) and complete anonymity, on the analogy of Monero with the help of a one-time signal. This is the most important characteristic of Vectra, because of which, everyone predicts that VectraCoin will take the rightful place on the top 10 VectraCoin – a New Altcoin That Will Definitely Go “to the Moon!”