Brief stories of success of Ethereum, Stellar and Litecoin

The next part of our series deals with older currencies that determined the way the DLT technology was going to develop way before the landmarks achieved by young currencies, such as the ones we've analyzed in yesterday's article. Ethereum is the first widely used coin actually traded on VHCEx, while the other two are going to be listed in the coming future.

Currently, the second-most-valued cryptocurrency, Ethereum was, in a sense, a trailblazer in the development of blockchain technology as a whole. Some experts actually relate this currency's emergence to the so-called Blockchain 2.0 stage that coincided with the introduction of smart-contracts. Ethereum emerged in the year of 2015 and drew a lot of attention and gained tremendous popularity not only thanks to the technical possibility to develop smart-contracts, but also thanks to the possibility to build dApps with blockchain in the backend, thus linking the unseen and almost priorly unused technology with reality for the first time. ICOs fueled the network's protocol even more, as almost all the fundraising taking place from 2015 up until the end of 2017 was built on Ethereum smart-contracts.

It's actually hard to note some specific peculiarities and advantages that make Stellar stand out among other cryptocurrencies built for making cross-border transactions cheaper and faster. Unlike other projects, though, Stellar hasn't found the interest among large companies and institutions, as it is highly decentralized.

Some people refer to it as to the 'silver of crypto' hinting at Bitcoin being the gold. Litecoin project was introduced back in 2011 by taking up and improving the basic technical properties of Bitcoin, mostly, making the transactions faster. The tottal supply is also different from that of Bitcoin with 84 million of LTC in total circulation.