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If you havent run into at least a handful of folks who are cynical about the condition of this blockchain industry and think its largely 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 that are providing real worth. The same study done in 2017 might have yielded some truly discouraging benefits however, even now, the results arent exactly stellar.

Before we discuss those results with you, its important to define just what constitutes a working item 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 a bit more strict with our standards.

When researching this article, we assessed each endeavors status, looked at its roadmap, assessed its release history, and compared completed features to what the team promises to deliver in the 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 above 1.0. Businesses and individuals use it on daily basis for dapps, smart contracts, or electronic currency transactions.

There are many projects in the top 100 who have launched their own mainnet, and can claim to have a working product with a loose definition. However, we have chosen not to include jobs which arent actually being used by any significant step, 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 the item is working. After all, is a foundation doing any job when there's no burden on top of it Additionally, a dapp platform which 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 would read through this listing, find their favorite job is missing, and then leave a comment, What about XYZ project!! We welcome this feedback, as its entirely possible that some projects have stronger user foundations than indicated in the prevalent documentation about them.

However, if you do think we made a mistake, then we ask that you supply sources backing up that claim so we can assess that site its own validity.

(Editors note: Upon further study and consideration, OmiseGO and Verge, that were originally on this listing, have been removed as they do not fulfill the standards outlined above.)

Bitcoin is the cryptocurrency that began it all back in 2009, following the worldwide financial crisis and subsequent bailouts of banks abandoned 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 across the globe. More than that, 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 attracted smart contracts to 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 saw the value of decentralized programs (dapps) and smart contracts, and changed their focus 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 jobs 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 it still takes 3-5 business days on average for an international transfer to be processed. click to read 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 utterly unnecessary. Indeed, driving adoption of Ripples banking solutions is much simpler than getting real life adoption for XRP.

In case youre interested in seeing a discussion about the way XRP adoption will happen, you might find that this reddit thread worth a read. Meanwhile, all of us will just have to wait and see whether XRP adoption read this article strategies ultimately come to fruition.

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