Bitcoin Alternatives in 2017: Top Cryptocurrencies to Watch

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In 2017, Bitcoin remained the dominant cryptocurrency, but many alternatives emerged as strong contenders. These Bitcoin alternatives, often called altcoins, offered unique features and improvements over Bitcoin. For example, Ethereum introduced smart contracts, allowing developers to build decentralized applications. Litecoin provided faster transaction times, while Ripple focused on facilitating cross-border payments for financial institutions. Other notable alternatives included Monero, which emphasized privacy through advanced cryptography, and Dash, which offered instant transactions. Investors and users explored these options to diversify their portfolios and leverage new technologies. Overall, 2017 was a pivotal year for Bitcoin alternatives, driving innovation and competition in the cryptocurrency market.