Comparison of cryptocurrencies: Difference between revisions

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This article aims to list relevant cryptocurrencies.<br/>To be listed here, a currency must have '''one''' of the following qualities:
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.
*The currency must have a market cap of one million dollars.
*The currency must be the first to introduce an innovative protocol.
*The currency must have at one point had significant notoriety.
*The currency must have been an infamous fraud.
These coins are currently ordered according to launch date.


{| class="wikitable sortable" style="width: 100%; text-align: center; font-size: smaller; "
{| class="wikitable sortable"
! style="width: 1;" | Coin
! style="width: 100px;" | Cryptocurrency
! style="width: 1;" | Ticker
! Exchange symbol
! style="width: 1;" | Launched
! Launched
! style="width: 99;" | Protocol
! Anonymity
! style="width: 1;" | Distribution
! Max supply
! style="width: 1;" | Market cap
! Algorithm
! style="width: 1;" | Unit cap
! Proof Type
! style="width: 1;" | Status
! Notes
! Notes
! Website
|-
|-
| style="text-align: left;" | [[File:Bitcoin.png|16px|link=]] [[Bitcoin]]
! {{rh}} | [[File:Bitcoin.png|16px|link=]] [[Bitcoin]]
| BTC
| BTC
| 3 Jan 2009
| 2009-01-03
| SHA256d
| {{no|Low}}
| rowspan=2 | Proof-of-work (fixed, halving)
| style="text-align: right" | ~21,000,000
| rowspan=2 | $6.34 billion
| SHA256
| 20,999,999.9769
| PoW
| {{yes|Active}}
| First blockchain.
| First blockchain
| [https://bitcoin.org/ bitcoin.org]
|-
|-
| style="text-align: left;" | [[File:Bitcoin.png|16px|link=]] [[Tonal Bitcoin]]
! {{rh}} | [[File:Bitcoin.png|16px|link=]] [[Tonal Bitcoin]]
| TBC
| TBC
| 2 Jan 2011
| 2011-01-02
| SHA256d
| {{no|Low}}
| 7,750,54.00
| style="text-align: right" | ~21,000,000
| {{yes|Active}}
| SHA256
| First on-chain alternative
| PoW
| First on-chain alternative.
| -
|-
|-
| style="text-align: left;" | Ripple
! {{rh}} | [[File:Bitcoin_Cash.png|16px|link=]] BCash
| XRP
| BCH
| 1 Mar 2011
| 2017-08-01
| Ripple
| {{no|Low}}
| Centralised
| style="text-align: right" | ~21,000,000
| $139 million
| SHA256
| 28,989,252,282
| PoW
| {{yes|Active}}
| 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).
|  
| [https://www.bitcoincash.org/ bitcoincash.org]
|-
! {{rh}} | [[File:Bitcoin.png|16px|link=]] CraigCoin
| BSV
| 2018-11-15
| {{no|Low}}
| style="text-align: right" | ~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/
|-
|-
| style="text-align: left;" | [[File:Namecoin.png|16px|link=]] [[Namecoin]]
! {{rh}} | [[File:Namecoin.png|16px|link=]] Namecoin
| NMC
| NMC
| 18 Apr 2011
| 2011-04-18
| SHA256d
| {{no|Low}}
| Proof-of-work (fixed, halving)
| style="text-align: right" | ~21,000,000
| $9.83 million
| SHA256 Merged
| 20,999,999.9769
| PoW
| {{partial|Malfunctioning}}
| First cryptocurrency that implemented Satoshi's BitDNS idea. Essentially the first real altcoin. Still under active development. First merged-mined altcoin.
| First alternative chain, bitDNS
| [https://namecoin.info/ namecoin.info]
|-
| style="text-align: left;" | Tenebrix
| TBX
| 25 Sep 2011
| [[scrypt]]
| Centralised + Proof-of-work (fixed, halving)
| ''None''
| 10,499,999.9769
| {{no|Dead}}
| First [[scrypt]] coin
|-
|-
| style="text-align: left;" | [[File:Litecoin.png|16px|link=]] Litecoin
! {{rh}} | [[File:Dash.png|16px|link=]] Dash
| LTC
| DASH
| 7 Oct 2011
| 2014-01-18
| [[scrypt]]
| {{no|Low}}
| Proof-of-work (fixed, halving)
| style="text-align: right" | 22,000,000
| $154 million
| X11
| 83,999,949.9076
| PoW/PoS
| {{yes|Active}}
| 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.
|  
| [https://dash.org/ dash.org]
|-
|-
| style="text-align: left;" | [[File:Peercoin.png|16px|link=]] Peercoin
! {{rh}} | [[File:Ethereum_Classic-32x32.png|16px|link=]] Ethereum Classic
| PPC
| ETC
| 19 Aug 2012
| 2015-08-07
| SHA256d
| {{no|Low}}
| Proof-of-work + proof-of-stake (difficulty factor)
| style="text-align: right" | Infinite
| $15.5 million
| Ethash
| Unlimited
| PoW
| {{yes|Active}}
| Majority premine sale. Used to be known as just "Ethereum" and "ETH" until the Ethereum Foundation split off an altcoin using their trademark.
|
| [http://www.ethereumclassic.org/ ethereumclassic.org]
|-
|-
| style="text-align: left;" | [[File:Btsx.png|16px|link=]] BitSharesX
! {{rh}} | [[File:Ethereum.png|16px|link=]] Ethereum
| BTSX
| ETH
| 29 Sep 2013
| 2016-07-20
| BitSharesX
| {{no|Low}}
|?
| style="text-align: right" | Infinite
| $66.5 million
| Ethash
| 1,999,992,536
| PoW
| {{yes|Active}}
| 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.
|
|-
| style="text-align: left;" | [[File:Nxt.png|16px|link=]] Nxt
| NXT
| 29 Sep 2013
| Nxt
| Centralised
| $29.0 million
| 999,997,096
| {{yes|Active}}
|  
|  
|-
|-
| style="text-align: left;" | [[File:Dogecoin.png|16px|link=]] Dogecoin
! {{rh}} | [[File:Litecoin.png|16px|link=]] Litecoin
| DOGE
| LTC
| 6 Dec 2013
| 2011-10-07
| [[scrypt]]
| {{no|Low}}
| Proof-of-work (random)
| style="text-align: right" | ~84,000,000
| $12.7 million
| Scrypt
| Unlimited
| PoW
| {{yes|Active}}
| 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.
| Was joke, became huge
|-
| style="text-align: left;" | [[File:Darkcoin.png|16px|link=]] Darkcoin
| DRK
| 19 Jan 2014
| [[Combo11]]
| Proof-of-work (fixed, curve)
| $12.5 million
| 18.4 million (estimate)
| {{yes|Active}}
|  
|  
|-
|-
| style="text-align: left;" | [[File:Monero.png|16px|link=]] Monero
! {{rh}} | [[File:Monero.png|16px|link=]] Monero
| XMR
| XMR
| 18 Apr 2014
| 2014-04-18
| [[CryptoNight]]
| {{yes|High}}
| Proof-of-work (random, smooth)
| Infinite (has tail emission of 0.6 XMR)
| $6.27 million
| [https://github.com/tevador/RandomX RandomX] (formerly [[CryptoNight]])
| 18,446,744,073,709,551,615
| PoW
| {{yes|Active}}
| 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.
|
| [https://getmonero.org/ getmonero.org]
|-
|-
| style="text-align: left;" | [[File:Maid.png|16px|link=]] MaidSafeCoin
! {{rh}} | [[File:Zcash-16x16.png|16px|link=]] Zcash
| MAID
| ZEC
| 22 Apr 2014
| 2016-10-28
| Mastercoin
| style="background: lightyellow;text-align: center;" | Medium
| Centralised
| style="text-align: right" | ~21,000,000
| $8.54 million
| Equihash
| 452,552,412
| PoW
| {{yes|Active}}
| 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.
|
| [https://z.cash/ z.cash]
|}
|-
<!--
! {{rh}} | [[File:Zcoin-800x800.png|16px|link=]] Zcoin
==Top 100==
| XZC
 
| 2016-09-28
=== Anoncoin (ANC) ===
| style="background: lightyellow;text-align: center;" | Medium
* [https://anoncoin.net/ Anoncoin website]
| style="text-align: right" | ~21,000,000
* [https://wiki.anoncoin.net Anoncoin wiki]
| Lyra2RE
* Built in support of I2P and Tor
| PoW
* 4.2 million total coins
| 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).
* Block reward 5 ANC, halved every 306k blocks
|
* Block target 3.4 minutes, difficulty changes every block
|-}
* Launched: June 2, 2013
 
The goal of Anoncoin is to provide a truly anonymous cryptocurrency. The location of the user is concealed by providing built-in support of the I2P darknet and Tor. [[Zerocoin]] will be implemented in an upcoming release, making it impossible to trace transactions in the blockchain.
 
=== Bytecoin (BCN) ===
* '''BCN''' https://bytecoin.org
* '''CryptoNote''' technology https://cryptonote.org/
* Algorithm: '''CryptoNight'''
* Started on July 4, 2012
* Block time: '''120 seconds (2 minutes)'''
* Difficulty retargets each block
* Block reward decreases each block according to the formula: BaseReward = (MSupply - A)/2^18,  where MSupply = (2^64 - 1) atomic units and 'A' is amount of already generated coins
* Total 184.46 billion BCN
* '''Forum''' https://bitcointalk.org/index.php?topic=512747.0
* '''Forum''' https://cryptocointalk.com/forum/1362-bytecoin-bcn/
* '''Twitter''' https://twitter.com/Bytecoin_BCN
* '''Block chain''' https://chainradar.com/
* '''Coin features:'''
**Difficult to trace payments by use of ring signature
**Only CPU-mining & ASIC-resistant
**POW mechanism is a voting system for users
 
=== Devcoin (DEV) ===
* https://bitcointalk.org/index.php?topic=34586.0
* (merged mined with BTC)
* blocks every '''10 min'''
* coin supply* '''constant generation''' coins will be available (???)
* difficulty adjustment '''2016 blocks'''
* hashing algorithm '''SHA256d'''
* Reward '''50,000''' coins per block
* '''EXTRA 90% block subsidy goes to foundation'''
 
=== FeatherCoin (FTC) ===
* http://feathercoin.com/
* A fork of Litecoin
* 243 million total coins
 
=== Freicoin (FRC) ===
* http://freico.in/
* http://www.freicoin.org/
* blocks every '''10 minutes'''
* coin supply* '''100 million''' coins will be available
* difficulty adjustment '''2016 blocks'''
* hashing algorithm '''SHA-256'''
* [http://www.freicoin.org/freicoin-generation-graph-t41-20.html#p532 Arithmetically decreasing] reward
* EXTRA:
**4.89% annual [http://en.wikipedia.org/wiki/Demurrage_currency demurrage]
**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)
 
=== GoldCoin (GLD) ===
* http://gldcoin.com/
* https://www.gldtalk.org/
* https://bitcointalk.org/index.php?topic=317568.0
* blocks every '''2 minutes'''
* coin supply* '''123 million''' coins will be available
* difficulty adjustment* '''60 blocks'''
* hashing algorithm '''Scrypt'''
* reward '''45''' coins per block
 
=== IxCoin (IXC) ===
* https://bitcointalk.org/index.php?topic=36701.0
* (merged mined with BTC)
* blocks every '''10 min'''
* Coin supply* '''21 million''' coins will be available
* difficulty adjustment '''2016 blocks'''
* hashing algorithm '''SHA1'''
* Reward '''96 '''coins per block
 
=== Mastercoin (MSC) ===
* http://www.mastercoin.org
* Coin supply:  619478.59338440 MSC
* Launch Date: September 1, 2013
* Blockchain: Uses Bitcoin for transport, storage and security, inherits Bitcoin Protocol properties
* Extended Properties: Distributed Exchange, Savings & Guardian Addresses, Contracts for Difference, Smart Properties, User Currencies
* Protocol: Master Protocol
* Spec Github Repo: https://github.com/mastercoin-MSC/spec
 
=== Megacoin (MΣC) ===
* http://www.megacoin.co.nz/
* https://forum.megacoin.co.nz
* Block Target is 2.5 minutes
* Block reward halved every every 420,000 blocks
* 25 coins per block
* 42 Million total coins
* Difficulty changes every block
 
The implentation of the Kimoto Gravity well retargets difficulty every block. This keeps mining fair and secure for all miners and users of the coin, and prevents the rampant multipool abuse that was (and still is) common with most all other altcoins out on the market today.  
 
=== Netcoin (NET) ===
* Main - http://netcoin.org.uk/
* Forums - http://forum.netcoinfoundation.org/
* blocks every '''1 min'''
* coin supply* '''320.6 million''' coins will be available
* difficulty adjustment* '''60 blocks'''
* hashing algorithm '''Scrypt'''
* Initial Reward '''1024 '''coins per block
* Reward Halves '''Every 3 months or 129,600 Blocks'''
* Market Cap: approx. $200,000 (Dec 4th, 2013)
* Launch Date: Sept 2nd, 2013


=== Terracoin (TRC) ===
* http://terracoin.org/
* blocks every '''2 minutes'''
* coin supply* '''42 million''' coins will be available
* difficulty adjustment '''30 blocks'''
* hashing algorithm '''SHA-256'''
* Reward '''20''' coins per block
-->
==See Also==
* [http://bitcointalk.org/index.php?topic=134179.0 List of alternative chains]
==References==
<references/>
[[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).