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Should you havent run into no less than a handful of folks that 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 top 100 cryptocurrencies (by market cap) in an attempt to learn how many of these really had working products that are providing real worth. The identical study done in 2017 might have afforded some truly discouraging benefits but, even now, the results arent exactly stellar.

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

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

When researching this guide, we evaluated each endeavors status, looked at its roadmap, checked its release record, and compared finished features to what the group promises to provide in the foreseeable future.

A working merchandise is active and accessible to the general public. Its mainnet has probably been published for some time, bumping the version numbers well over 1.0. Businesses and individuals use it on a daily basis for dapps, smart contracts, or digital currency transactions.

There are many projects in the top 100 who have launched their mainnet, and can claim to have a working item with means of a loose definition. But, we have chosen not to include projects which arent actually being used by any significant step, which means that nearly all of the recently launched mainnets will not yet meet our criteria. .

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

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

However, should you think that we made a mistake, we request that you supply sources backing up that promise so that we may assess its validity.

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

Bitcoin is the cryptocurrency that began it back in 2009, after the worldwide financial crisis and subsequent bailouts of banks left many individuals disenfranchised with fiat currency and obsolete, insecure financial infrastructure.

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Today, Bitcoin is being employed for peer payments across the globe. More than this, though, it is leading the way towards a future in which financial technology is trustless, secure, resilient, and censorship resistant. Without Bitcoin, this list would not exist.

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

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

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

Since then, hundreds of businesses, individuals, and blockchain projects have embraced Ethereum as 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 to get an international transfer to be Full Article processed. With just 4 second transaction times and in a fraction of the expense of a wire transfer, Ripples working merchandise is currently 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 much easier than getting real life adoption for XRP.

If youre interested in seeing a discussion about the way XRP adoption will occur, you may find this reddit thread worth a read. Meanwhile, all of us will just have to wait and see whether XRP adoption plans ultimately come to fruition.

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