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If 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 very 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 research done in 2017 might have yielded some truly discouraging results but, 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 projects 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 evaluated each projects status, looked at its roadmap, checked its release record, and compared finished attributes to what the group promises to deliver in the future.

A working merchandise is active and accessible to the public. Its mainnet has likely been released for a while, bumping the version numbers well above 1.0. Businesses and individuals use it on a daily basis for dapps, smart contracts, or digital currency transactions.

There are many jobs in the top 100 who have launched their mainnet, and can claim to have a working product by a loose definition. However, we've chosen not to include jobs which arent really 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 that the product is working. After all, is a foundation really doing any work when there's no burden on top of it Additionally, a dapp platform which 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 browse through this listing, find their favourite project is missing, and then make a comment, What about XYZ project!! We welcome this feedback, as its entirely possible that a few jobs have stronger user foundations than indicated in the prevalent documentation of them.

But if you do think we made a mistake, we request that you provide sources backing up that promise so that we can assess its validity.

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

Bitcoin is the cryptocurrency that started 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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Today, Bitcoin is being used for peer payments across check these guys out 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 to 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 saw that 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 as their main smart 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. With just 4 second transaction times and in a fraction of the cost of a cable transfer, Ripples working product 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 much easier than getting real life adoption for XRP.

In case youre interested in seeing a discussion about how 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 plans ultimately come to fruition.

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