The following heat maps aim to illustrate the frequency of chatter surrounding Bitcoin, Ethereum, IOTA, Ripple, Dash, Litecoin, and Monero. Originally presented in an article on the Inverse Innovation website, these maps were based on software analysis of geotagged Twitter data.
What’s interesting is how each map tells a slightly different story, particularly when it comes to the more obscure digital currencies.
Having touched the $19,000 level, Bitcoin, the first cryptocurrency, is revealing lots of chatter in the US, UK, parts of the EU, and various countries across Southeast Asia.
The second runner up in terms of market cap ($43.7 billion at the time of this writing), Ethereum’s chatter map is like that of Bitcoin’s. But notice that the concentration of interest in West Africa is greater than those of the other six digital currencies.
An open-source distributed ledger with a specific focus toward Internet of Things (IOT) applications—where machines communicate directly with other machines.
A transaction protocol for global payments, XRPs are not algorithmically “mined” but are created directly by the Ripple. They have set a 100-billion-coin limit. Most of the coins have yet to be created.
An open source peer-to-peer cryptocurrency, Dash is striving to become, among other things, the most “user-friendly” cryptocurrency in the world.
Popularly referred to as the “silver” to Bitcoin’s “gold,” Litecoin’s technology id designed in such a manner as to make its transactions and block rewards faster. They are also working toward developing a “Confidential Transactions” feature, making LTC transactions completely anonymous rather than “pseudonymous.”
Another open source cryptocurrency, Monero’s technology is focusing on a differentiated approach to establishing privacy, decentralization, and scalability. Notice how most of the Central America is the digital currency’s chatter “hot spot.”
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