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Should you havent run into no less than a handful of people 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 very long.

We researched the very best 100 cryptocurrencies (by market cap) in an effort to learn how many of them really had working products that are providing real value. The identical research done in 2017 may have afforded some truly discouraging benefits but, even now, the consequences arent just stellar.

Before we share 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 projects are open-source, building a fundamental blockchain and launching it isnt a very high bar to set. We wanted to become somewhat more strict with our criteria.

When researching this article, we evaluated each projects status, looked in its roadmap, assessed its release history, and compared completed features to what the team promises to provide in the future.

A working product is active and accessible to the general public. Its mainnet has likely been published for some time, bumping the version numbers well over 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. But, we have chosen not to include jobs which arent actually being used by any significant step, which means that most 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 job when there is no weight on top of it Additionally, a dapp platform that has a mainnet but that 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 list, 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 jobs have stronger user foundations than indicated in the prevalent documentation go to website about them.

However, if you do think we made a mistake, then we request that you provide sources backing up that promise so we may assess its own validity.

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

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crisis and subsequent bailouts additional hints of banks left many people disenfranchised with fiat currency and outdated, insecure financial infrastructure.

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Now, Bitcoin is being used for peer-to-peer payments across the world. More than this, though, 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 own transaction-oriented design was the central focus of the majority of blockchain projects.

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After Ethereum, teams noticed the value of decentralized programs (dapps) and smart contracts, and shifted their attention to compensate.

Vitalik Buterins Ethereum whitepaper premiered in late 2013. The project 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 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 to get an international transfer to be processed. With only 4 second transaction times and in a fraction of the expense of a wire transfer, Ripples working merchandise is currently impacting the banking industry. .

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.

In case 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 whether XRP adoption plans ultimately come to fruition.

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