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

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

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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 somewhat more strict with our standards.

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

A working merchandise is active and available to the 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 mainnet, and can claim to have a working item by means of a loose definition. But, we have chosen not to include jobs which arent really being used by any significant measure, which means that nearly all of the recently launched mainnets will not yet meet their criteria. .

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

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

However, if you do think we made a mistake, we 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, that were originally on this list, have been eliminated as they do not fulfill the criteria outlined above.)

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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Now, Bitcoin is being employed for peer-to-peer payments throughout the globe. More than this, however, it is 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 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 the majority of blockchain projects.

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

Vitalik Buterins Ethereum whitepaper was released in late 2013. The job itself was announced January 2014, using 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 intelligent contracts platform.

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Current banking infrastructure has failed to grow in the 21st century, such that Visit Your URL 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 cost of a cable transfer, Ripples working merchandise is currently impacting the banking industry. .

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

If youre interested in seeing a discussion about how XRP adoption will happen, you may find that this reddit thread worth a read. Meanwhile, all people will just have to wait and see whether XRP adoption strategies ultimately come to fruition.

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