Bitcoin may be the most popular cryptocurrency out there, but that doesn't mean it's the only one that's worth getting into. Alternative cryptocurrencies have been popping up all over the place, and if you're lucky, you may find one that's even better than Bitcoin. Here are a few of the best alternatives to Bitcoin and why they may outdo Bitcoin in a few important ways.

• Ethereum (ETH)

Ethereum is a blockchain-based computing platform that is decentralized, meaning no one entity controls it. This means it does not have a single point of failure and allows users to run their own apps and interact with each other in a peer-to-peer manner, eliminating the need for a middleman.

• Polkadot (DOT)

Polka Dot (DOT) is a cryptocurrency that has been created to be a safer form of payment. It is an ERC20 token that can be spent on any ERC20 compatible service or application. It has a circulating supply of 4,117,638 and a max supply of 18,000,000. It was released on the Ethereum blockchain on June 27, 2017. There is a cryptocurrency called Polkadot that aims to improve the bitcoin protocol. The Polkadot cryptocurrency is a layer 2 technology that builds on top of the existing bitcoin blockchain. Instead of all transaction data being verified and stored in a single blockchain, the Polkadot protocol splits the data between a separate ledger and a separate blockchain.

• Binance Coin (BNB)

Binance Coin is a cryptocurrency that is a decentralized exchange that allows traders to buy, sell and trade a variety of digital currencies. The exchange has a global reach, and a user can trade a variety of digital currencies from all over the globe from a single interface. Binance Coin (BNB) is a token that can be used to pay for transaction fees on Binance.com, the largest cryptocurrency exchange in the world. Binance is an open-source trading platform that allows its users to trade a variety of digital currencies and fiat currencies such as US dollars and Euros.

• Monero (XMR)

Monero is a cryptocurrency that works on the same principles as Bitcoin. However, Monero is totally anonymous, unlike Bitcoin. Monero is very popular in the online black markets. The main reason behind its popularity is that Monero has an untraceable feature. Apart from that, Monero is very secure, and it is more private than Bitcoin too. Moneros goal is to make a privacy coin that is fungible, non-reversible, and completely anonymous. The more time passes, the more the privacy problem becomes a serious issue for cryptocurrencies. Therefore, the Moneros development team published a white paper in 2014 that outlined every purpose of the coin. Even though the concept is good, the developers have had more than a few challenges in achieving their goal.

If you're like most people, you probably have a pretty good idea of what bitcoin is and a lot of misinformation about it flowing around. So, let's clear up a few things about the digital currency you've probably heard a lot about. Bitcoin is a decentralized peer-to-peer payment network that does not exist in government or central banks, and the way it's managed is different from what you're used to. It's also a digital currency, not a stock or a currency as you would normally understand it.

Bitcoin's price has fallen significantly over the past month, with some predicting that it could fall again in the near future. However, this hasn't stopped the cryptocurrency from remaining one of the most popular investments. Indeed, with so many people using Bitcoin, it's likely that its price will continue to rise over time once more investors come in to invest. So how about you? What do you think, will bitcoin still be the best one? Comment your thoughts in the comment section.