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If you havent run into at least a handful of people who are cynical about the condition of the blockchain industry and think its largely scams and vaporware, well you probably havent been into crypto for quite long.

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

Before we discuss the results with you, its important to define what exactly 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 high bar to set. We wanted to become somewhat more rigorous with our standards.

When researching this article, we evaluated each endeavors standing, looked in its roadmap, checked its launch history, and compared completed features to what the team promises to provide in the foreseeable future.

A working product 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 daily basis for dapps, smart contracts, or electronic currency transactions.

There are many projects in the top 100 that have launched their own mainnet, and can claim to have a working item by a loose definition. But, we've chosen not to include jobs which arent really being used by any significant step, which means that most of the recently launched mainnets will not yet meet our standards. .

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 job when there's no burden on top of it Additionally, a dapp platform that has a mainnet but 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 their favourite job is missing, and then make 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 about them.

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

(Editors note: Upon further study and consideration, OmiseGO and Verge, that were originally on this list, have been removed 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 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. 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 noticed the value of decentralized apps (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, with a crowdsale the following my link July. The system went live in July 2015.

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

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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 to get an international transfer to be processed. With just 4 second transaction times and in a fraction of the expense of a cable transfer, Ripples working merchandise is already 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 simpler than getting real-world adoption for XRP.

If youre interested in seeing a discussion about how XRP adoption will occur, you might site web find this reddit thread worth a read. Meanwhile, all of us will just have to wait and see whether XRP adoption strategies ultimately come to fruition.

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