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Should you havent run into no less than a handful of people that are cynical about the state of this 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 really had working products which are providing real worth. The same study done in 2017 might have yielded some truly discouraging benefits however, even now, the consequences arent just stellar.

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

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Considering that blockchain jobs are open-source, building a basic blockchain and launching it isnt a very large bar to set. We wanted to become somewhat more rigorous with our standards.

When researching this guide, we evaluated each projects status, looked in its roadmap, assessed its release history, and compared finished features to what the team promises to deliver in the foreseeable future.

A working merchandise is active and accessible to the general public. Its mainnet has likely been released for a while, bumping the version numbers well over 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 who have launched their own mainnet, and can claim to have a working product by means of a loose definition. However, we've chosen not to include projects which arent actually being used by any significant step, which means that most of the recently launched mainnets will not yet meet our criteria. .

In other words, the mere existence of a product does not necessarily mean that the item is working. After all, is a foundation really doing any work when there's no burden on top of it Likewise, a dapp stage 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 read through this list, find that their favorite project is missing, and then make a comment, What about XYZ job!! We welcome this feedback, as its entirely possible that a few jobs have stronger user foundations hop over to these guys than indicated in the prevalent documentation about them.

But if you do think that we made a mistake, we you can try these out request that you provide sources backing up that claim so we can assess its own validity.

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

Bitcoin is the cryptocurrency that started it back in 2009, following the global financial crisis and subsequent bailouts of banks left many individuals disenfranchised with fiat currency and outdated, insecure financial infrastructure.

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Now, Bitcoin is being employed for peer-to-peer payments across the world. More than this, however, 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 attracted smart contracts into the blockchain, spurring a minor revolution in the cryptocurrency ecosystem. Before Ethereum, Bitcoin and its transaction-oriented design was the central focus of most blockchain projects.

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

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

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

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Current banking infrastructure has failed to evolve in the 21st century, such that it still takes 3-5 business days on average for an international transfer to be processed. With only 4 second transaction times and Grow Your Bitcoins Review in 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 simpler than getting real-world adoption for XRP.

If youre interested in seeing a discussion about how 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 strategies ultimately come to fruition.

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