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Should you havent run into no less than a handful of people who are cynical about the condition of the blockchain industry and think its mostly scams and vaporware, well you probably havent been into crypto for quite long.

We researched the very best 100 cryptocurrencies (by market cap) in an attempt to learn how many of these actually had working products which are providing real worth. The same research done in 2017 might have afforded some truly discouraging results however, even now, the consequences arent exactly stellar.

Before we share those results with you, its important to define what exactly constitutes a working item in the first location.

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Considering that blockchain jobs are open-source, building a fundamental blockchain and launching it isnt a very large bar to set. We wanted to be a bit more rigorous with our criteria.

When researching this guide, we evaluated each projects standing, looked at its roadmap, assessed its launch record, and compared finished features to what the group promises to deliver in the foreseeable future.

A working product is active and available to the general public. Its mainnet has likely been published for a while, bumping the version numbers well above 1.0. Businesses and individuals use it on a daily basis for dapps, smart contracts, or electronic currency transactions.

There are many jobs in the top 100 that have launched their mainnet, and can claim to have a working item by a loose definition. But, we have chosen not to include jobs which arent really being used by any significant measure, which means that most of the recently launched mainnets will not yet meet their standards. .

In other words, the mere existence of a product does not necessarily mean the product is working. After all, is a foundation doing any work when there's no weight on top of it Additionally, a dapp platform why not try these out that has a mainnet but that doesnt have any noteworthy dapps on top of it isnt considered working by this standards. .

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No doubt many people will browse through this listing, find that their favourite project is missing, and then leave a comment, What about XYZ job!! We welcome this feedback, as its entirely possible that a few projects have stronger user foundations than indicated in the prevalent documentation of them.

But if you do think that we made a mistake, we ask that you provide sources backing up that promise so we can assess its own validity.

(Editors note: Upon further research and consideration, OmiseGO and Verge, which were originally on this list, have been eliminated as they do not meet the standards outlined previously.)

Bitcoin is the cryptocurrency that began it all back in 2009, after the worldwide financial crisis and subsequent bailouts of banks click for source left many people disenfranchised with fiat currency and outdated, insecure financial infrastructure.

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Now, Bitcoin is being used for peer payments throughout the world. More than this, however, it's leading the way towards a future in which financial technology is trustless, secure, resilient, and censorship resistant. With no Bitcoin, this record would not exist.

The platform that brought smart contracts to the blockchain, spurring a minor revolution in the cryptocurrency ecosystem. Before Ethereum, Bitcoin and its transaction-oriented design was the central focus of the majority of blockchain projects.

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Following Ethereum, teams noticed the value of decentralized apps (dapps) and clever contracts, and shifted their attention to compensate.

Vitalik Buterins Ethereum whitepaper was released in late 2013. The job itself was announced January 2014, with a crowdsale the following July. The system officially went live in July 2015.

Since then, hundreds of businesses, individuals, and blockchain projects have adopted Ethereum because their main smart contracts platform.

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Current banking infrastructure has failed to grow in the 21st century, such that it takes 3-5 business days on average for an international transfer to be processed. With just 4 second transaction times and at a fraction of the expense of a cable transfer, Ripples working product is already impacting the banking sector. .

The big knock against Ripple is that its native token, XRP, is completely unnecessary. Indeed, driving adoption of Ripples banking solutions is far easier than getting real-world adoption for XRP.

If youre interested in seeing a discussion about the way XRP adoption will happen, you might find this reddit thread worth a read. Meanwhile, all people will just have to wait and see if XRP adoption plans ultimately come to fruition.

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