Bitcoin Alternatives
Bitcoin
The crypto-currency that sparked epic changes in the world of finance, BitCoin paved way for a budding marketplace of digital currencies. BitCoin still leads the way, but there are now many other great options to choose from.
Privacy focused alternatives are easy to filter as well as currencies with fast transactions, for those seeking quicker turnaround times than BitCoin. Being widely recognized is another key metric, greater recognition usually entails less risk of going under.
Besides direct alternatives, there are some excellent tools like CoinMarketCap for an overview of popular currencies and Coinbase for trading.
Best Open Source Bitcoin Alternatives
For the best Bitcoin alternative check out these alternatives which will work with your device & platform. There are several Bitcoin-like software that you might want to check as well.
Ethereum
FreeOpen SourceMacWindowsLinuxWebEthereum is a decentralized platform that runs smart contracts: applications that run exactly as programmed without any possibility of downtime, censorship, fraud or third party interference.
Features:
- Blockchain
- Smart contracts
- Decentralized
- Widely recognized
Litecoin
FreeOpen SourceMacWindowsLinuxAndroidLitecoin is a peer-to-peer Internet currency that enables instant payments to anyone in the world. It differs from its parent Bitcoin in that can be efficiently mined with consumer-grade hardware. Litecoin provides faster confirmations (targeted at every 2.5 minutes on average) and uses memory-hard, scrypt-based mining to target the CPUs and GPUs most people already have. The Litecoin network is scheduled to produce four times as many currency units as Bitcoin.
Features:
- Cryptocurrency
- Cryptocurrency support
- Fast transactions
- Online banking
- Peer-To-Peer
- Widely recognized
Monero
FreeOpen SourceMacWindowsLinuxAndroidiPhoneChrome OSiPadMonero is a digital currency that is secure, private, and untraceable. It is open-source and freely available to all. With Monero, you are your own bank. Only you control and are responsible for your funds, and your accounts and transactions are kept private from prying eyes.
Features:
- Untracable
- Privacy focused
- Anonymity
- Bitcoin
- Cryptocurrency
- Decentralized
Dogecoin
FreeOpen SourceMacWindowsLinuxDogecoin is an open source, decentralized, peer-to-peer cryptocurrency, favored by Shiba Inus worldwide.
Features:
- Cryptocurrency
- Decentralized
- Peer-To-Peer
NameCoin
FreeOpen SourceMacWindowsLinuxBSDNamecoin is a distributed domain name system based on the Bitcoin technology. Namecoin extends Bitcoin to add transactions for registering, updating and transferring domain names. Namecoin provides an alternative to the existing domain name system (DNS), in which names can be taken from their owners by groups that control the DNS servers. Unlike the current DNS, Namecoin avoids central authorities and issuers.
Features:
- Custom DNS
- Decentralized
- Dynamic DNS
- Bitcoin
- Distributed
- Networking
NXT
FreeOpen SourceMacWindowsLinuxAndroidBSDNxt is a fast and energy-efficient cryptocurrency based on the Proof-of-Stake concept, suitable for online payments and decentralized assets. Nextcoin and Nxtcoin are features of Nxt.
Features:
- Blockchain
- Cryptocurrency
- Peer-To-Peer
Bitcoin Cash
FreeOpen SourceMacWindowsLinuxWebAndroidiPhoneBitcoin Cash brings sound money to the world. Merchants and users are empowered with low fees and reliable confirmations. The future shines brightly with unrestricted growth, global adoption, permissionless innovation, and decentralized development. All Bitcoin holders as of block 478558 are now owners of Bitcoin Cash. All Bitcoiners are welcome to join the Bitcoin Cash community as we move forward in creating sound money accessible to the whole world.
Features:
- Fast transactions
- Private transactions
- Anonymity
- Privacy focused
- Bitcoin
- Blockchain
- Cryptocurrency
- Decentralized
- Peer-To-Peer
- Smart contracts
Ripple
FreeOpen SourceWebRipple is a monetary system that makes simple obligations between friends as useful for making payments as regular money. Normally, if your friend Alice owed you $10, she would have to pay you back before you could make any use of that debt. If you were creative, however, you might be able to pass the debt on to someone else who knew and trusted Alice, in exchange for something you wanted.
Features:
- Cryptocurrency
- Online banking
- Peer-To-Peer
Duniter
FreeOpen SourceWindowsLinuxWebSelf-HostedLokiJSUbuntuJavaScriptDebianTypescriptNode.JSWhat is Duniter ? It is a network of resilient communities based on trusted human certifications. Any member of a community is co-creator of the universal dividend without doing anything, just for being a human of a community. This is where money comes from: every member regularly receives a Universal Dividend ( i.e. monetary Basic Income) coming from new money directly issued by members and to members.
Features:
- Blockchain
- Certification
- Certifications
- Communities
- Community based
- Cryptocurrency
- Decentralized
- Distributed
- Peer-To-Peer
DASH
FreeOpen SourceMacWindowsLinuxDASH is an open source peer-to-peer cryptocurrency that uses a system called Darksend to add privacy to transactions. It allows you keep your finances private as you make transactions, similar to cash. PRIVATE Keep your payments private so nobody can track you, your transactions and balances are nobody’s business. With DASH’s ahead of time anonymization only you have access to your financial information.
Features:
- Decentralized Funding System
- Based on Blockchain
- Peer-To-Peer
- Private transactions
- Anonymity
- Cryptocurrency
- Decentralized
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