Comparison of cryptocurrencies: Difference between revisions

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This article aims to list relevant cryptocurrencies, even those too minor to have their own wiki entry. See also [[:Category:Alternative cryptocurrencies]]
The cryptocurrency market is explosive which currently serves hundreds of currencies. Almost all of them are obvious scams—including many which purport to have a large market cap. This article aims to list only the most relevant cryptocurrencies in terms of novel technological advancements or strong engineering teams, or due to widespread awareness thereof. Direct, low-level scams should not be listed here.


It is based [https://bitcointalk.org/index.php?topic=134179.0 on this thread].
{| class="wikitable sortable"
 
! style="width: 100px;" | Cryptocurrency
= Currencies =
! Exchange symbol
 
! Launched
The order / grouping of these coins are still TBD.
! Anonymity
I propose a grouping of Major, Minor and New by an arbitrary market cap limit. This can be done once the market caps of the alts are known.
! Max supply
 
! Algorithm
== Major ==
! Proof Type
 
! Notes
=== Bitcoin (BTC) ===
! Website
* http://bitcoin.org/
|-
* blocks every '''10 min'''
! {{rh}} | [[File:Bitcoin.png|16px|link=]] [[Bitcoin]]
* coin supply* '''21 million''' coins will be available
| BTC
* difficulty adjustment* '''2016 blocks'''
| 2009-01-03
* hashing algorithm '''double-SHA-256'''
| {{no|Low}}
* Initial Reward '''50 '''coins per block
| style="text-align: right" | ~21,000,000
* Market Cap: $144,000,000 (Jan 5th, 2013)
| SHA256
* Launch Date: Jan 3rd 2009
| PoW
 
| First blockchain.
=== TestNet Bitcoins ===
| [https://bitcoin.org/ bitcoin.org]
* http://bitcoin.org/  
|-
* blocks every '''10 min'''
! {{rh}} | [[File:Bitcoin.png|16px|link=]] [[Tonal Bitcoin]]
* coin supply* '''21 million''' coins will be available
| TBC
* difficulty adjustment* '''2016 blocks''', or '''every 20 minutes'''[https://github.com/bitcoin/bitcoin/pull/686]
| 2011-01-02
* hashing algorithm '''double-SHA-256'''
| {{no|Low}}
* Initial Reward '''50 '''coins per block
| style="text-align: right" | ~21,000,000
* Market Cap: None, coins are free
| SHA256
* Launch Date: 2011-02-02 (TestNet 3 genesis block)[http://blockexplorer.com/testnet/block/000000000933ea01ad0ee984209779baaec3ced90fa3f408719526f8d77f4943]
| PoW
 
| First on-chain alternative.
=== Namecoin (NMC) ===
| -
* https://en.bitcoin.it/wiki/Namecoin
|-
* (merged mined with BTC)
! {{rh}} | [[File:Bitcoin_Cash.png|16px|link=]] BCash
* https://github.com/vinced/namecoin
| BCH
* http://namecoin.info/
| 2017-08-01
* blocks every '''???'''
| {{no|Low}}
* coin supply* '''????''' coins will be available
| style="text-align: right" | ~21,000,000
* difficulty adjustment '''????'''
| SHA256
* hashing algorithm '''double-SHA-256'''
| PoW
* Initial Reward '''50 '''coins per block
| BCash is an altcoin based on an old snapshot of Bitcoin's blockchain (2017 Aug 1) with replay protection and an increased block size limit of 8MB. An unusual emergency difficulty adjustment algorithm causes significant periods of hyperinflation. Significant miner centralization; often a very low hashrate. Major proponents deliberately attempt to confuse new users into thinking BCash is actually Bitcoin, especially by using the name "Bitcoin Cash". On 15 November 2018, an airdrop of BCash occurred between two rival factions now called BCash (BCH) and CraigCoin (BSV).
* Market Cap: ???? BTC
| [https://www.bitcoincash.org/ bitcoincash.org]
* Launch Date: ???
|-
 
! {{rh}} | [[File:Bitcoin.png|16px|link=]] CraigCoin
=== Litecoin (LTC) ===
| BSV
* http://litecoin.org/
| 2018-11-15
* blocks every '''2.5 min'''
| {{no|Low}}
* coin supply* '''82 million''' coins will be available
| style="text-align: right" | ~21,000,000
* difficulty adjustment '''2016 blocks'''
| SHA256
* hashing algorithm '''scrypt '''
| PoW
* Initial Reward '''50'''coins per block
| On 15 November 2018, a hard fork chain split of BCash occurred between two rival factions called BCH and BSV. Mostly based around a cult following of the fraudster Craig Wright who claims to be Satoshi (hence SV = Satoshi's Vision).
* Market Cap: ???? BTC
| https://bitcoinsv.io/
* Launch Date: ???
|-
 
! {{rh}} | [[File:Namecoin.png|16px|link=]] Namecoin
== Minor ==
| NMC
=== IxCoin (IXC) ===
| 2011-04-18
* https://bitcointalk.org/index.php?topic=36701.0
| {{no|Low}}
* (merged mined with BTC)
| style="text-align: right" | ~21,000,000
* blocks every '''10 min'''
| SHA256 Merged
* Coin supply* '''21 million''' coins will be available
| PoW
* difficulty adjustment '''2016 blocks'''
| First cryptocurrency that implemented Satoshi's BitDNS idea. Essentially the first real altcoin. Still under active development. First merged-mined altcoin.
* hashing algorithm '''SHA1'''
| [https://namecoin.info/ namecoin.info]
* Reward '''96 '''coins per block
|-
 
! {{rh}} | [[File:Dash.png|16px|link=]] Dash
=== Devcoin (DEV) ===
| DASH
* https://bitcointalk.org/index.php?topic=34586.0
| 2014-01-18
* (merged mined with BTC)
| {{no|Low}}
* blocks every '''10 min'''
| style="text-align: right" | 22,000,000
* coin supply* '''constant generation''' coins will be available (???)
| X11
* difficulty adjustment '''2016 blocks'''
| PoW/PoS
* hashing algorithm '''double-SHA-256'''
| Introduced the X11 algorithm, which is just a composite function of multiple hashing algorithms. Had a significant failure mode in the beginning which equated to a majority premine by a small number of Amazon EC2 customers. This means their Master Node algorithm has been in a failure mode from the beginning.
* Reward '''50,000''' coins per block
| [https://dash.org/ dash.org]
* '''EXTRA 90% block subsidy goes to foundation'''
|-
 
! {{rh}} | [[File:Ethereum_Classic-32x32.png|16px|link=]] Ethereum Classic
=== PPCoin (PPC) ===
| ETC
* http://ppcoin.org/
| 2015-08-07
* https://bitcointalk.org/index.php?topic=101820.0
| {{no|Low}}
* blocks every '''10 min'''
| style="text-align: right" | Infinite
* Coin supply* '''non-deterministic ''' coins will be available
| Ethash
* difficulty adjustment '''each block'''
| PoW
* hashing algorithm '''SHA-256'''
| Majority premine sale. Used to be known as just "Ethereum" and "ETH" until the Ethereum Foundation split off an altcoin using their trademark.
* Reward '''varies on difficulty''' coins per block
| [http://www.ethereumclassic.org/ ethereumclassic.org]
* EXTRA: Incorporates [[Proof Of Stake]] coin Generation, contains central checksums to kickstart the protocol
|-
* Market Cap: ???? BTC
! {{rh}} | [[File:Ethereum.png|16px|link=]] Ethereum
* Launch Date: approx August 19th, 2012  (date of its [http://ppcoin.org/static/ppcoin-paper.pdf whitepaper])
| ETH
** The public design phase of this coin was very brief.
| 2016-07-20
 
| {{no|Low}}
=== Freicoin (FRC) ===
| style="text-align: right" | Infinite
* http://freico.in/
| Ethash
* http://www.freicoin.org/
| PoW
* https://bitcointalk.org/index.php?topic=89843.0
| An altcoin of Ethereum Classic which split from ETC's blockchain in order to refund the Ethereum Foundation's members' money when the DAO was exploited. Regular hardforks to bail out larger losses by e.g. ETH foundation. Source of the ICO bubbles. Multiple client implementations which fail against each other in terms of consensus errors regularly. Requires multiple months of time to sync to eth blockchain. Contract-building tools interpret input incompatibly.
* https://bitcointalk.org/index.php?topic=3816.0
|
* blocks every '''10 minutes'''
|-
* coin supply* '''100 million''' coins will be available
! {{rh}} | [[File:Litecoin.png|16px|link=]] Litecoin
* difficulty adjustment '''2016 blocks'''
| LTC
* hashing algorithm '''SHA-256'''
| 2011-10-07
* [http://www.freicoin.org/freicoin-generation-graph-t41-20.html#p532 Arithmetically decreasing] reward
| {{no|Low}}
* EXTRA:
| style="text-align: right" | ~84,000,000
-- 4.89% annual [http://en.wikipedia.org/wiki/Demurrage_currency demurrage]
| Scrypt
-- 80% block subsidy [http://www.freicoin.org/application-developer-best-practices-t87.html#p919 goes to foundation for the first 3 years] (about 500 coins for each of first 161280 blocks, total 80m)
| PoW
-- [u]In need of Dev work on daemon, client etc but network still running[/u]
| Originally meant to be a CPU-friendly "silver" to Bitcoin's "gold", the early SCRYPT parameters, it was discovered later, led directly to GPU, and then ASIC-mining almost from the start.
 
|
=== I0coin (I0C) ===
|-
* https://bitcointalk.org/index.php?topic=36425.0 ; https://github.com/kr105rlz/i0coin
! {{rh}} | [[File:Monero.png|16px|link=]] Monero
* Perhaps should be moved to Dead section?
| XMR
 
| 2014-04-18
=== Terracoin (TRC) ===
| {{yes|High}}
* http://terracoin.org/
| Infinite (has tail emission of 0.6 XMR)
* blocks every '''2 minutes'''
| [https://github.com/tevador/RandomX RandomX] (formerly [[CryptoNight]])
* coin supply* '''42 million''' coins will be available
| PoW
* difficulty adjustment '''30 blocks'''
| The most successful implementation derived from the [[CryptoNote]] codedrop. Uses [https://www.ledgerjournal.org/ojs/index.php/ledger/article/view/34 Ring CT] and its own implementation of [[Confidential transactions]], [[ECDH_address|Stealth Addresses]], [[BIP_0156|Dandelion]]++ to enhance user privacy.
* hashing algorithm '''SHA-256'''
| [https://getmonero.org/ getmonero.org]
* Reward '''20''' coins per block
|-
 
! {{rh}} | [[File:Zcash-16x16.png|16px|link=]] Zcash
=== LQC Liquidcoin ===
| ZEC
* https://bitcointalk.org/index.php?topic=60026.0
| 2016-10-28
* blocks every '''10 minutes'''
| style="background: lightyellow;text-align: center;" | Medium
* '''no cap''' as block subsidy has a minimum of 1 coin
| style="text-align: right" | ~21,000,000
* Constant difficulty of '''0.5'''
| Equihash
* Coin reward drops over time
| PoW
 
| First cryptocurrency that implemented the zerocash protocol. Large "Founder's Reward" which is paid out over the first few years of mining to people including Roger Ver.
== New ==
| [https://z.cash/ z.cash]
New in on the scene.
|-
Please put here any coins whose concept are new. If a coin is discussed for 6 months and launched yesterday, it is not new.
! {{rh}} | [[File:Zcoin-800x800.png|16px|link=]] Zcoin
 
| XZC
== dead / dying / experimental / scam ==
| 2016-09-28
* Qubic* https://bitcointalk.org/index.php?topic=112676.0
| style="background: lightyellow;text-align: center;" | Medium
** Qubic Forum* http://qubic.boards.net
| style="text-align: right" | ~21,000,000
* TimeKoin* Still alive* http://timekoin.org/* https://bitcointalk.org/index.php topic=88467.0
| Lyra2RE
* BBQ BBQCoin* killed in a 51% attack* https://bitcointalk.org/index.php?topic=93437.0
| PoW
* SC Solidcoin* scam?* https://en.bitcoin.it/wiki/SolidCoin ; http://solidcoin.info/
| First cryptocurrency that implemented the zerocoin protocol which also makes it the first useful Zero-knowledge proof based anonymous cryptocurrency. First that implements Merkle Tree Proof of Work (MTP).
* GG Geist Geld* https://bitcointalk.org/index.php?topic=42417.0 ; https://github.com/Lolcust/GeistGeld
|
* TBX Tenebrix* https://bitcointalk.org/index.php?topic=45667.0 ; https://github.com/Lolcust/Tenebrix
|-}
* FBX Fairbrix* https://bitcointalk.org/index.php?topic=46528.0 ; https://github.com/coblee/Fairbrix
* CLC Coiledcoin* killed in 51% attack ; https://bitcointalk.org/index.php?topic=56675.0
* RUC Rucoin* https://www.rucoin.org/ ; https://bitcointalk.org/index.php?topic=48582.0
* MMM MMMcoin* dead


[[Category:Alternative cryptocurrencies]]
[[Category:Alternative cryptocurrencies]]

Latest revision as of 13:10, 28 July 2020

The cryptocurrency market is explosive which currently serves hundreds of currencies. Almost all of them are obvious scams—including many which purport to have a large market cap. This article aims to list only the most relevant cryptocurrencies in terms of novel technological advancements or strong engineering teams, or due to widespread awareness thereof. Direct, low-level scams should not be listed here.

Cryptocurrency Exchange symbol Launched Anonymity Max supply Algorithm Proof Type Notes Website
Bitcoin BTC 2009-01-03 Low ~21,000,000 SHA256 PoW First blockchain. bitcoin.org
Tonal Bitcoin TBC 2011-01-02 Low ~21,000,000 SHA256 PoW First on-chain alternative. -
BCash BCH 2017-08-01 Low ~21,000,000 SHA256 PoW BCash is an altcoin based on an old snapshot of Bitcoin's blockchain (2017 Aug 1) with replay protection and an increased block size limit of 8MB. An unusual emergency difficulty adjustment algorithm causes significant periods of hyperinflation. Significant miner centralization; often a very low hashrate. Major proponents deliberately attempt to confuse new users into thinking BCash is actually Bitcoin, especially by using the name "Bitcoin Cash". On 15 November 2018, an airdrop of BCash occurred between two rival factions now called BCash (BCH) and CraigCoin (BSV). bitcoincash.org
CraigCoin BSV 2018-11-15 Low ~21,000,000 SHA256 PoW On 15 November 2018, a hard fork chain split of BCash occurred between two rival factions called BCH and BSV. Mostly based around a cult following of the fraudster Craig Wright who claims to be Satoshi (hence SV = Satoshi's Vision). https://bitcoinsv.io/
Namecoin NMC 2011-04-18 Low ~21,000,000 SHA256 Merged PoW First cryptocurrency that implemented Satoshi's BitDNS idea. Essentially the first real altcoin. Still under active development. First merged-mined altcoin. namecoin.info
Dash DASH 2014-01-18 Low 22,000,000 X11 PoW/PoS Introduced the X11 algorithm, which is just a composite function of multiple hashing algorithms. Had a significant failure mode in the beginning which equated to a majority premine by a small number of Amazon EC2 customers. This means their Master Node algorithm has been in a failure mode from the beginning. dash.org
Ethereum Classic ETC 2015-08-07 Low Infinite Ethash PoW Majority premine sale. Used to be known as just "Ethereum" and "ETH" until the Ethereum Foundation split off an altcoin using their trademark. ethereumclassic.org
Ethereum ETH 2016-07-20 Low Infinite Ethash PoW An altcoin of Ethereum Classic which split from ETC's blockchain in order to refund the Ethereum Foundation's members' money when the DAO was exploited. Regular hardforks to bail out larger losses by e.g. ETH foundation. Source of the ICO bubbles. Multiple client implementations which fail against each other in terms of consensus errors regularly. Requires multiple months of time to sync to eth blockchain. Contract-building tools interpret input incompatibly.
Litecoin LTC 2011-10-07 Low ~84,000,000 Scrypt PoW Originally meant to be a CPU-friendly "silver" to Bitcoin's "gold", the early SCRYPT parameters, it was discovered later, led directly to GPU, and then ASIC-mining almost from the start.
Monero XMR 2014-04-18 High Infinite (has tail emission of 0.6 XMR) RandomX (formerly CryptoNight) PoW The most successful implementation derived from the CryptoNote codedrop. Uses Ring CT and its own implementation of Confidential transactions, Stealth Addresses, Dandelion++ to enhance user privacy. getmonero.org
Zcash ZEC 2016-10-28 Medium ~21,000,000 Equihash PoW First cryptocurrency that implemented the zerocash protocol. Large "Founder's Reward" which is paid out over the first few years of mining to people including Roger Ver. z.cash
Zcoin XZC 2016-09-28 Medium ~21,000,000 Lyra2RE PoW First cryptocurrency that implemented the zerocoin protocol which also makes it the first useful Zero-knowledge proof based anonymous cryptocurrency. First that implements Merkle Tree Proof of Work (MTP).