Comprehensive Descriptive List for the T75 Cryptocurrencies

Comprehensive Descriptive List for the T75 Cryptocurrencies

The purpose of this article will be to give a definitive (somewhat) definition of the top 75 cryptocurrencies in the sphere.

Next to each coin’s name will be a very brief synopsis of the general gist of that coin. The goal of this exercise is to provide a quick reference guide for folks that may see a coin come up in conversation in online forums/social media or hear about a specific coin that want to be brought up to speed on the general gist of what it does.

To reiterate, the mini-descriptors that are going to be placed next to each coin are by no means the end-all/be-all and the author is more than aware that most, if not all of the projects on this list are much more complex than a few short sentences about what it does.

Once again, this is only meant to be an apolitical boy scouts’ guide to the top cryptos.

Any definitions or statements that are made below are simply reiterations of what the team has stated themselves. The author is not explicitly or implicitly vouching for the validity of these claims or the efficacy of these projects.

Warning: There are some projects that are described below that still do not function how they are meant to operate. For example, there may be a definition for a blockchain that states, ‘This blockchain is designed to help users buy ice cream easier’, that does not actually assist users in buying ice cream easier at the time of writing.

Top Cryptocurrency Description Guide

  1. Bitcoin — This is the coin that started it all and invented the concept of blockchain technology as we know it today. It was created by an anonymous individual(s) that went by the moniker of Satoshi Nakamoto. Without their contributions, we probably wouldn’t be having this discussion today. If you haven’t heard of Bitcoin yet, this list is probably already way over your head.
  2. Ethereum — The first inception of the Ethereum whitepaper was released in 2013 with a follow-up ANN thread in 2014. Vitalik Buterin is widely considered to be the figurehead of Ethereum, but the presence of individuals such as Charles Hoskinson cannot be omitted as well as that of Mihai Alisie and Anthony Di lorio. The purpose of this project was to allow for the launch of decentralized applications. The concept of creating a cryptocurrency that was not meant to just solely be a currency gained massive popularity with Ethereum. We can thank Ethereum for the prevalence of the ICO as well as the ‘ERC20’ token and any other token standard that begins with ‘ERC’.
  3. XRP/Ripple — Ripple is one of the oldest cryptocurrencies in existence. It was created in 2012 with the specific purpose of spurring innovations in the banking sector. Rather than focusing on peer-to-peer payments in the same way as Bitcoin, Ripple’s predominant focus is on assisting with the transfer of value between financial institutions on an international scale. However, the currency can be transacted between individuals as well. Specifically, Ripple is looking to utilize XRP technology in a way where it may eventually usurp the ‘Swift network’ (the USA’s system for sending/receiving/facilitating wire transfers). In a nutshell, XRP’s primary use case is focused on facilitating the adoption of their blockchain technology on a macro-level rather than micro. What makes Ripple/XRP different is that they are more focused on increasing the adoption and integration of their underlying blockchain technology first and foremost. The token, XRP, is just used to facilitate this end. This type of offering is known primarily as ‘Blockchain as a Service’ or BaaS.
  4. Bitcoin Cash — Perhaps the most controversial cryptocurrency in all of crypto (which is saying a lot), Bitcoin Cash is rooted from the same protocol as Bitcoin. The cryptocurrency that the community at large knows as ‘Bitcoin Cash’ did not emerge until August 2017. The splintering of the Bitcoin community into two factions known as Bitcoin and Bitcoin Cash occurred via ‘hard fork’. The main source of contention between the two communities (but most certainly not the only one), was deciding whether the block size should be increased from the longstanding 1 MB to a larger size. Those in favor of Bitcoin Cash are generally among those that feel as though the block size should’ve/should be increased. Proponents of Bitcoin Cash — namely Roger Ver, the unofficial public figurehead of the protocol, assert that Bitcoin Cash is “the real Bitcoin”. On a fundamental level, the protocol works in much the same way as Bitcoin — blockchain technology that has been outfitted for the purposes of payments. The Bitcoin Cash community is at perpetual war with the Bitcoin community. The author makes no assertions as to which party is ‘right’ or ‘wrong’.
  5. EOS — Known as the brainchild of developer Daniel Larimer, EOS has been dubbed the ‘Ethereum killer’ since its inception. Its core purpose is to allow for the construction of decentralized applications much in the same way as Ethereum. However, with some core differences in its consensus algorithm and general governance, EOS’ main use case is that it presents a much safer and scalable alternative to Ethereum.
  6. Stellar Lumens — This protocol was created by blockchain fixture, Jed McCaleb, after a falling out between himself and other project leads on the Ripple protocol. Jed’s partner for the Stellar protocol is Joyce Kim. According to their whitepaper, Stellar Lumens is designed to provide a “financial infrastructure that supports the kind of organic growth and innovation we’ve seen from the Internet, yet still ensures the integrity of financial transactions” and to create a “Worldwide financial network open to anyone, so that new organizations can join and extend financial success to unserved communities.” So, similar to Ripple, Stellar Lumens is more so in the business of providing the underlying technology to various facets of the financial world in order to allow them to build more efficient systems. In a nutshell, this means that Stellar Lumens’ primary goal is to facilitate the adoption of their technology rather than their blockchain’s token — much in the same way as XRP/Ripple. This type of offering is known primarily as ‘Blockchain as a Service’ or BaaS.
  7. Litecoin — In a nutshell, Litecoin is a slightly modified version of Bitcoin. Its creator, Charlie Lee (former Coinbase employee; before that a Google employee in California, U.S.), has stated numerous times that Litecoin was not created as an adversary to Bitcoin. His favorite analogy to use for Litecoin is that it is the “silver to Bitcoin’s gold”. Despite being based entirely on Bitcoin’s source code, Litecoin is not a hard fork of Bitcoin. This is a common misconception in the community. Litecoin has a few notable differences from Bitcoin though which are; having a maximum cap of 84 million coins vs. 21 million coin cap on Bitcoin, a block time of 2.5 minutes instead vs. 10 minutes on Bitcoin, and Scrypt vs. SHA256 (in an attempt to thwart ASIC miners). Besides this, the differences are mostly nominal in nature.
  8. Tether — Created by a company named Tether Ltd., which was conceived by Brock Pierce, the purpose of this cryptocurrency is to be a ‘peg’ to fiat currencies. The use case for Tether arose out of the fact that many individuals wanted to enjoy the benefits of using and transacting with blockchain technology without incurring the potential negative drawback of losing their purchasing power while holding as the price goes down. Tether was designed to mitigate this concern. Since its value is technically supposed to be ‘pegged’ to the U.S. dollar and other fiat currencies, such as the Euro (there are different versions of Tether for each fiat currency it supports), its main case is in ensuring that investors do not lose money while having their money held in crypto. This is facilitated by the fact that many of the major exchanges in the cryptocurrency sphere currently support Tether as a traded pair with Bitcoin and Bitcoin is supported as a traded pair with all other cryptocurrencies (for the most part).
  9. Cardano — Created by Charles Hoskinson/IOHK (the company that Charles Hoskinson owns), Cardano is yet another blockchain that is designed to facilitate the building of decentralized applications. This puts it in direct competition with Ethereum and any other similar piece of technology. It is worth noting that Charles Hoskinson, the project lead for Cardano, was one of the founders of Ethereum.
  10. Monero — Monero is a privacy coin. It was created to address the general lack of privacy associated with Bitcoin transactions. One of the primary innovations of Bitcoin is its use of distributed ledger technology (DLT). DLT means that every full node on the Bitcoin protocol holds a copy, or a ledger of sorts, for all transactions that have ever transpired on the protocol. While this plays a pivotal role in ensuring that there is no double-spending on the protocol, it also means that any and all transactions are public. Thus, while Bitcoin is anonymous, it’s not private. There is a solid population of cryptocurrency users that would like the ability to send private transactions. Monero is designed to satiate that audience via ‘untraceable’ transactions — granting full privacy and anonymity. Monero is a payment-based cryptocurrency.
  11. IOTA — IOTA’s primary innovation in the blockchain sphere is rooted in the fact that it is a cryptocurrency that does not use blockchain technology. Instead, it utilizes something called the ‘DAG’, which stands for ‘Directed Acyclic Graph’ — otherwise known as the ‘Tangle’. It was created as a unique alternative and solution to the enormous amounts of energy that Bitcoin’s Proof of Work mining process consumes. Its core purpose though, according to the team, is to serve as a payment cryptocurrency.
  12. Dash — This coin is a payment-based cryptocurrency that originally launched under the moniker, Xcoin. The innovation of this coin is the concept of ‘Masternodes’. Essentially, if a user obtains enough of the coins on the protocol and then ‘stakes’ those coins as a masternode (which usually mandates that they perform some sort of duty or task), they are rewarded in some way with residual income in the form of the protocol’s tokens. In Dash’s case, a portion of all Dash coins that are mined are redistributed to the masternodes in accordance with the number of coins that they have on the protocol.
  13. Tron — Created by Justin Sun, Tron is an ERC20 (at the time of writing), with the purported purpose of creating a multi-faceted, decentralized social media platform that is supposed to eventually usurp Facebook and any other major social media sites in existence currently.
  14. NEO — Formerly known as Antshares, NEO is a decentralized app building platform that has been dubbed as the ‘Chinese Ethereum’. One of its most notable features is its use of the DBFT (Double Byzantine Fault Tolerance) consensus algorithm.
  15. Ethereum Classic — After the DAO hack on Ethereum’s protocol, there was a massive split on the community on whether the chain should be ‘rolled back’ in order to invalidate the funds that the hacker had stolen. The ultimate decision by the majority of network hashing power (led by Vitalik Buterin), was to initiate the rollback. Those that were in vehement opposition refused to join the forked protocol, and the remaining members became known as ‘Ethereum Classic’. The main source of divide was primarily rooted in adherence to the philosophy of a truly immutable blockchain and, proponents of Ethereum Classic believed that such a rollback would violate this principle.
  16. Binance Coin — Simply put, this is the native asset for the Binance exchange. Out of all exchange coins, this one has obviously done the best. The benefit of Binance Coin is relegated to their exchange where users will experience reduced fees if they trade with the coin versus any other traded pair. The exchange has also announced that they plan on making the token (ERC20) useful in a number of other contexts in the future as well.
  17. NEM —NEM is a permissioned blockchain that is designed to launch ‘smart assets’. According to their website, “ NEM’s Smart Asset System allows you to define and launch your own tokens or cryptocurrency with no programming needed. Just open the client and define the name, number of coins, divisibility, transferability and levy, and you are done. You can make transactions free with your new coin, or set transaction fees in any amount you wish.” NEM also offers their blockchain as a BaaS, targeting larger industries such as the financial services sector. NEM does not fit squarely into one box, however, it is probably most similar to Stellar in terms of its usage, applicability, and the company’s general direction.
  18. VeChain — VeChain is a Chinese crytocurrency project that claims that it is, “The world’s leading Enterprise-focused dApp/ICO platform for products and information.” That pretty much summarizes it succintly.
  19. Tezos — Tezos is another blockchain project that is fairly similar in nature to Ethereum. They state that, “ Tezos is a new decentralized blockchain that governs itself by establishing a true digital commonwealth.” It’s claim to fame is a built-in governance system that also facilitates the creation of smart contracts.
  20. ZCash — This is a privacy-based cryptocurrency that operates by a separate mechanism than what Monero uses. As the ‘z’ in the name implies, the ZCash team states that their intentions are to use zero-knowledge proofs in order to facilitate privacy.
  21. OmiseGO — Their purpose is to help ‘unbank the banked’. OmiseGO is a token built upon the Ethereum blockchain (at the time of writing) that seeks to innovate a system in which users will be able to exchange any currency for another in a decentralized manner — whether they are using fiat or crypto. They propose to do this via the integration of sidechains as well as the Plasma network. They also state that they are working on a separate, independent blockchain that will also interact with the ERC20 token in order to help meet this goal.
  22. Dogecoin — Created as a ‘joke currency’ by developer, Jackson Palmer, in 2013, dogecoin is represented by the instantly identifiable internet meme dog breed, Shiba Inu. Despite the developer coming out publicly and stating numerous times that this coin is only meant to be taken as a joke, dogecoin continues to remain one of the top projects in the blockchain space.
  23. Lisk — This is another blockchain that’s dedicated to allowing for the building of decentralized applications. According to their website, “Lisk makes it easy for developers to build and deploy blockchain applications in JavaScript. Join the leading ecosystem for world-changing dapps.”
  24. Bytecoin — Simply put, they have branded themselves as, “The first private untraceable currency.” This blockchain project’s entire focus is based on offering privacy to individuals as well as enterprises.
  25. Ontology — Built on the $NEO blockchain, Ontology advertises that their services are designed to facilitate identity verification for businesses and other enterprise solutions.
  26. 0x — Built on the Ethereum chain, this ERC20 token is designed to facilitate the creation of decentralized exchanges as well participation in them as well.
  27. QTUM — Created in China, QTUM is another decentralized application platform. Per their website, “ Separating the settlement and computation layers of blockchain allow for greater flexibility. Qtum’s stacked approach enables multiple virtual machines or run environments to operate on top of the blockchain.” The website also claims it is a ‘blockchain ready for business’, ‘expanding the smart contract ecosystem’, and ‘mitigating and solving scalability’.
  28. NANO — Formerly known as Raiblocks ($XRB), the NANO blockchain is unique in that it is built on DAG (Directed Acyclic Graph) technology rather than blockchain. Their version of DAG is different than what you will find on IOTA though. Their primary premise is to be a payment-based cryptocurrency.
  29. Bitcoin Gold — This is one of the hard forks of Bitcoin that came out in 2017. According to the Bitcoin Gold team, its primary purpose for launching was to create an ASIC-resistant version of Bitcoin. It uses an EquiHash Proof of Work algorithm. It is a payment-based cryptocurrency.
  30. Decred — Based on the Bitcoin source code, Decred was one of the first cryptocurrencies to offer a hybrid consensus protocol that involves both the incorporation of Proof of Stake and Proof of Work. Its main feature is its revolution of governance on blockchain protocols. For those that are dissatisfied with what they perceive as one ‘party’ or development team controlling the direction of a project, Decred inserts itself as the ultimate solution. Via a ticketing system, Decred’s design purports to allow users to have a direct voice/vote in the direction of the protocol. Decred is a payment-based cryptocurrency.
  31. Digibyte — According to their website, “DigiByte is a public, rapidly growing and highly decentralized blockchain. DigiBytes are digital assets that cannot be destroyed, counterfeited or hacked, making them ideal for protecting objects of value like currency, information, property or important digital data. DigiBytes can be sent over the DigiByte Blockchain and forever recorded on an immutable public ledger that is decentralized on thousands of computers across the planet.” DigiByte is a payment-based cryptocurrency.
  32. ICON — Icon is an ERC20 token that is supposed to provide an infrastructure for the connection and interoperability of sidechains.
  33. Zilliqa — Zilliqa is an ERC20 token. Their stated premise is to facilitate the development of decentralized applications on their platform. According to their team, their primary use case/competitive advantage over Ethereum is that their implementation of sharding will allow substantially better scalability than Ethereum.
  34. Maker — This blockchain project is a unique one in that it is designed to allow individuals to ‘peg’ currency values via the MakerDAO. The mechanisms behind how this works is a lot more complicated than what was explained in the prior sentence, but that is the general gist behind this idea.
  35. BitShares — This is a project created by Daniel Larimer and Charles Hoskinson (before Charles later left), that is designed to facilitate the creation of decentralized exchanges as well as the launch of ‘smart assets’ from its platform. It essentially specializes in allowing the tokenization of real-world assets or anything else that users would like to assign value to via the BitShares wallet.
  36. Aeternity — Aeternity is a blockchain that is designed to facilitate the building of decentralized applications. According to their website, their primary claim to fame/innovation in the blockchain space is the creation of ‘scalable’ smart contracts. According to their website, what makes Aeternity innovative (in comparison to all other blockchain projects that designed for the building of decentralized applications), is that their blockchain; allows users to deploy smart contracts, achieve consensus via a hybrid consensus algo that combines PoW and PoS, integrates state channels, uses ‘oracles’ in order to integrate real world data into their smart contracts, has a unique governance model, and a human-readable naming system (i.e., not just numbers alphanumeric strings to identify specific entities).
  37. Verge — Formerly known as dogecoindark, Verge’s team states that the blockchain’s primary use case is to facilitate the optional use of private payments. Thus, Verge is a payment-based crpytocurrency that is designed to offer the option of privacy.
  38. Steem — Steem is the currency that is used for the platform, Steemit.com. Similar to Medium.com, Steemit is a self-blogging platform that allows users to write articles and other communications on their website. The currency, Steem is awarded to users on the platform on the basis of the upvotes they receive as well as the ‘Steem Power’ that the users giving those upvotes has. Essentially, it is designed to facilitate a community-based reward system for independent bloggers.
  39. Siacoin — Simply put, Siacoin is a project that is supposed to provide a decentralized means for file storage. According to their website, “ Sia is a decentralized storage platform secured by blockchain technology. The Sia Storage Platform leverages underutilized hard drive capacity around the world to create a data storage marketplace that is more reliable and lower cost than traditional cloud storage providers.”
  40. Pundi X — The premise of this cryptocurrency is to distribute PoS (point-of-sale) systems to various vendors that are programmed to allow customers to swipe a wallet address on their phone (or similar device) to facilitate quicker payments. The team also states that their goal is to make it ‘easier’ and more practical to use cryptocurrency in an everyday manner.
  41. Basic Attention Token — This cryptocurrency is an ERC20 token, whose primary purpose is to reward users for engaging with advertisements. Thus, it advertises itself as an ideal solution for both advertisers and web surfers that are looking to get extra money while browsing the web. BAT proposes to facilitate this process through the BAT browser.
  42. Augur — Augur is an ERC20 token that is designed with the purpose of allowing users to interact with a decentralized prediction market. So, for example, users are able to make bets on whether the England will win the next World Cup or not. Augur uses a voting mechanism to ensure that the results are considered fair among those participating in the ‘bet’ (i.e., to prevent a situation where Brazil wins, for example, instead of England, yet those that placed their bets on England winning still somehow are awarded tokens.
  43. Waves — Waves is a blockchain whose primary use case is facilitate the creation of the ‘WavesDEX’, which is a decentralized exchange platform. Like other decentralized exchange platforms, the Waves blockchain is designed to facilitate the creation of personal DEX platforms as well as tokens that can be traded on these platforms.
  44. Bytom — According to CoinCentral (which provided an excellent synopsis definition for this blockchain), “Bytom is a blockchain protocol for financial and digital asset applications. Using the Bytom protocol, individuals and enterprises alike can register and exchange not just digital assets (i.e. Bitcoin) but traditional assets as well (i.e. securities, bonds, or even intelligence data).”
  45. Bitcoin Diamond — This cryptocurrency is another fork of Bitcoin that released in 2017. The differences in Bitcoin Diamond vs. Bitcoin itself are relatively minimal — but one of the notable ones is the increased supply of Bitcoin Diamond coins. There are exactly 10x as many Bitcoin Diamond coins allotted by the maximum supply as there will be for Bitcoin (when these are reached). There are also slight technical differences between the two coins, but these differences are more so ‘under the hood’ and more than likely aren’t something that will be immediately noticed or observed by the general user. Bitcoin Diamond is a payment-based cryptocurrency.
  46. Holochain — This is a cryptocurrency that employs a more nuanced interpretation/integration of blockchain technology. According to the team’s statements on their Medium publication, “ Holochain harnesses the parallelism of BitTorrent to power fully distributed apps.” According to the team, the primary purpose of the cryptocurrency is to be a “data integrity engine for distributed apps.” They also state that Holochain is designed to allow for the building of “interoperable apps for communication” as well. To simplify things though, this can be categorized as a cryptocurrency that is designed to facilitate the building of decentralized applications.
  47. Waltonchain — According to their website, Waltonchain is a cryptocurrency that is supposed to help, “Create a business ecosystem integrating blockchain with IoT.” Like Ardor, Waltonchain incorporates the use of child chains and is primarily targeted at facilitating enterprise/commercial adoption of its technology (i.e., targeting macro-consumers like businesses). Thus, this is a cryptocurrency that is primarily focused on offering Blockchain-as-a-Service (BAAS).
  48. Komodo — Komodo is a privacy-based cryptocurrency wtih varying uses. However, rather than operating off of its own blockchain, it was created as a fork of Bitcoin Dark and uses the Bitcoin blockchain to secure transactions on the protocol. According to the team, they are able to facilitate this process via their innovative consensus algorithm, which is called dPoW (delayed Proof of Work). It would be fair to call Komodo a cryptocurrency designed to facilitate the building of decentralized applications as well as the creation of a personal blockchain. The option to create a blockchain is something that is offered as an enterprise solution by the team itself on their website, so there is a fee that must be paid to do so. In this way, Komodo is also a blockchain-as-a-service (BaaS) based crypto as well.
  49. Stratis — Stratis is a cryptocurrency and its main purpose is to solicit companies/entities/enterprises to integrate the Stratis blockchain into their systems. They do this via offering, “Simple and affordable end-to-end solutions for development, testing and deployment of native C# blockchain applications on the .Net framework.” <- Per their website. Thus, Stratis is a blockchain-as-a-service (BaaS) cryptocurrency.
  50. Golem —Golem is an ERC20 token. It is known as a competitor to SiaCoin, Storj, and other similar cryptocurrency projects. However, what makes Golem different, according to its website, is that, “Golem is a global, open source, decentralized supercomputer that anyone can access.” The ‘supercomputer’ Golem is referring to is the sum of the computing power that users lend to the network via allowing, “users and applications (requestors) to rent out cycles of other users’ (providers) machines.” So the decentralized sharing of computing power is essentially the vehicle that allows Golem to function. There are a number of features, tasks, projects that the Golem team claims that one can launch via the computing power that the Golem network offers.
  51. Metaverse ETP — Metaverse ETP is a cryptocurrency that has the primary purpose of enabling Blockchain-as-a-Service (BaaS). The team states that its primary use case is to, “Make convenient, secure digital financial services accessible to all applications at virtually no cost.”
  52. Populous — This is another cryptocurrency with technology that is offered as a Blockchain-as-a-Service (BaaS). In a nutshell, Populous facilitates invoice discounting via a P2P (peer-to-peer) platform. Populous uses its own blockchain technology to meet this end.
  53. Status — Status is an ERC20 token. Its main purpose is to allow users to interface with the Ethereum blockchain. Status markets itself as an Ethereum discovery tool. According to its website, users can, “Browse, chat and make payments securely on the decentralized web”, via Status. At the time of writing, the project is still in beta/unreleased.
  54. RChain — RChain is a crpytocurrency that markets itself as having a “3.0 blockchain infrastructure”. According to the team, it is designed to offer better security, scalability and sustainability than what one can currently find. RChain’s primary goal is to create a blockchain that is capable of the throughput of Visa or Facebook in order to compete with these entities and become the ultimate blockchain solution. The team believes that RChain presents itself as a superior design/architecture to what was previously available on the markets before its inception.
  55. Wanchain — Wanchain is a blockchain project that alleges to be, “The world’s first and only interoperable blockchain with secure multi-party computing”. Wanchain was created with the purpose of fulfilling the perceived need for interoperability between blockchains. Via its blockchain, Wanchain proposes to facilitate cross-chain transactions with ease — which would essentially create the ultimate DEX.
  56. HShare/HCash — HShare is actually the antecedent to a project that recently launched (at the time of writing), called HCash. Similar to Wanchain, it proposes to provide interoperability among all blockchain projects by providing a sidechain solution that is compatible with any blockchain. The project is also supposed to facilitate privacy in these transactions via zero-knowledge snarks on its protocol.
  57. IOST — This cryptocurrency stands for IOS token. The IOS stands for ‘Internet of Services’. This project possesses a blockchain that boasts the capability of providing ‘100,000 transactions per second’.
  58. KuCoin Shares — Simply put, KuCoin Shares is the native coin for the KuCoin exchange. Its main purpose is pretty similar in nature to Binance Coin.
  59. MaidSafeCoin —Similar to STORJ and SiaCoin, they provide, “The world’s first autonomous and decentralized data network.” According to the team, they facilitate this via the SAFE network (the founders of MaidSafeNetwork and SAFE =same/interconnected).
  60. Mithril — Mithril is a blockchain that was created to be used as the underpinning of a decentralized social network that is designed to reward content curators via its Mith token (the Mithril blockchain’s native asset).
  61. MOAC — Based in China, MOAC stands for, ‘Mother of All Chains’. Like Waltonchain and Ardor, it offers sub-chain (child chain) functionality. Like Ethereum, NEO, QTUM, and others on this list — MOAC is positing itself as the ultimate blockchain for the creation of decentralized applications. It also claims to provide greater decentralization, speed and scalability than all of its competitors and predecessors as well. As its name implies, it is looking to become the Mother of All Chains.
  62. Aion — Aion, at the time of writing, is an ERC20 token. According to its website, the ultimate goal is the release of a blockchain that is designed to ultimately usher in the, “Roadmap to the internet, decentralized”. The team states that this blockchain will implement an EquiHash Proof of Work, Multi-Chain Framework, Interchain, Virtual Machine and the ability to integrate with exterior APIs. Also on its website, it claims that its latest ‘Kilimanjaro Release’ now enables the blockchain to provide, “A multi-tier system designed to address unsolved questions of scalability, and interoperability in blockchain networks.” However, currently, Aion in its current state (at the time of writing), is an ERC20 token. The Aion team has recently stated that there is an impending mainnet swap.
  63. Ardor — Forked from $NXT and created by Jelurida, Ardor is a blockchain that specalizes in offering its platform as a Blockchain-as-a-Service. Businesses and other enterprises that are looking to launch their own private chains can contact Ardor/Jelurida management in order to have a blockchain created or receive permission to launch a ‘child chain’. One such example of a child chain that was launched via Ardor is the cryptocurrency, Ignis.
  64. Dentacoin — Simply put, Dentacoin advertises itself as the ‘Blockchain solution for the global dental industry’. Dentacoin alleges that they currently provide; Dentacare, Trusted Reviews, Denta Vox, as well as a Partner Network in addition to a blog where users/dentists will be able to receive/read updates and information posted by the team. Per its website, the project does not yet have a wallet, health database, nor has it released its ‘assurance’ platform at the time of writing.
  65. Reddcoin — Reddcoin is a cryptocurrency blockchain project that is designed to be a ‘social currency’. Reddcoin purportedly meets this goal by allowing users to ‘tip’ others — specifically, content creators. In this way, the Reddcoin team believes they are satiating the goal of creating a cryptocurrency the adds ‘value’ to social networks.
  66. Cryptonex — This cryptocurrency project is designed to provide “easy entrance into crypto world”. Essentially Cryptonex creates a peer-to-peer network where they pair users together, offering themselves as the ‘middle man’ or mock-Escrow service, to facilitate direct transfers from one party to another. The purpose of this project is to make the onboarding of cryptocurrency a simpler process.
  67. aelf — Yet another competitor for Siacoin and others, aelf is a Chinese-based blockchain that is designed to be a decentralized cloud computing blockchain network.
  68. Huobi Token — Simply put, this is the native asset for the Huobi exchange.
  69. Chainlink — Chainlink is a cryptocurrency platform whose main purpose is to facilitate the interoperability of all chains in order to eliminate the need for independent sidechains in crypto — hence its name, ‘Chainlink’.
  70. DigixDAO — This is a unique token, actually. DigixDAO is one half of the Digix cryptocurrencies (the other half is called Digix Gold and it just released in 2018). The premise of this company’s systemis that it enables you to buy in a direct stake of physical gold. However, that comes with Digix Gold. For DigixDAO (DGD), you receive permission to place ‘votes’ on the DGD platform. This has confused a lot of people, especially because DGD released before Digix Gold actually did.
  71. Mixin — Mixin is a blockchain that is used as a, “Messenger that can…transfer all cryptocurrencies with end-to-end encryption, offering the easiest way for anyone to enter the blockchain world.” The native asset of this blockchain is XIN and its purpose is to allow users to pay the fees that are charged for using the various services on the blockchain itself.
  72. BitcoinDark — This project is currently abandoned. This was formerly the boon of the Komodo team. It is still in the T100 as of this very moment. The code is still usable, however, users should not expect that it will be continually worked upon.
  73. TrueUSD — Essentially, this coin works on the same premise as Tether. Its value is meant to be pegged to the dollar and the project leads claim to allow users to actually swap the TrueUSD for fiat value. Terms and conditions do apply.
  74. QASH — Qash is the native currency for the exchange platform, Quione.
  75. TenX — This cryptocurrency project purports to allow users to spend their cryptocurrency whenever and however they would like by facilitating the use of crypto through debit cards.

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