5 Cryptocurrencies Trending on Reddit in March

4. Ethereum

Ethereum is a cryptocurrency that has become the most popular Bitcoin alternative. The network is famous for providing security that allows smart contracts and applications to run without interference from third parties or any frauds. The transaction speeds allow for the smooth running of applications without downtimes. Ethereum has been the second-largest coin by market capitalization for years now. 

In late 2020, Ethereum announced that it was transitioning from a proof-of-stake consensus mechanism to proof-of-work. The move was aimed at improving transaction speeds and also allowing the network to run with less energy, deflecting some of the blame regarding the anti-environment power consumption of crypto networks.