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Altcoin Creation Services | Creation & Development of Cryptocurrencies

Bitcoin is the first ever invented cryptocurrency. It’s still at the top position on Coinmarketcap. However, we know that Bitcoin has a lot of complexity as a currency. The term ‘altcoins’ refers to every cryptocurrency in existence except Bitcoin- in other words, altcoins are alternatives to Bitcoin. 

For example, some of the leading altcoins include Ether, Ripple, Litecoin, and Monero.

  • Ether

Ether is the cryptocurrency produced using the Ethereum platform. Thus, is called Ethereum. The Ethereum blockchain platform is a DLT (distributed ledger technology) that companies can make use of to build their blockchain network.

  • Ripple (XRP)

Known as XRP,  a private company called Ripple owns it. Global banks are looking forward to utilizing Ripple’s protocol to initiate lightening fast cross-border payments.

  • Litecoin

Litecoin utilizes a unique PoW (proof-of-work) algorithm. It’s more concentrated on memory, while Bitcoin on processing power.

  • Monero

Monero is designed to be “secure, private, and untraceable.”

Reasons for using Altcoin Creation Services?

The technical reason proposes that Bitcoin is a bit complex cryptocurrency due to its design.

However, cryptocurrency and blockchain developers think that they can fix it.

For instance, Bitcoin takes a significant amount of time to process along with higher transactions fees.

Thus, developers designed altcoins that have lower fees and faster processing times.

According to experts, the PoW (proof-of-work) requirement that consumes a lot of energy can be replaced with a unique verification method, making the new altcoin more efficient. It will also save the world’s energy from being soaked up to mine Bitcoins.

Why Choose Oodles Blockchain for Altcoin Creation Services?

Oodles Blockchain is a brainchild of Oodles Technologies. We are one of the leading blockchain development companies famous for offering top-quality altcoin creation services.

Not only we excel in cryptocurrency development services and blockchain wallet development but also strive to provide::

  • Top decentralized mobile apps
  • Cryptocurrency & blockchain apps
  • Smart contracts
  • Exchange platforms development services

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