Comparison of cryptocurrencies

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Revision as of 05:01, 1 June 2017 by Davidhedlund (talk | contribs) (There are over 700 cryptocurrencies on the market, there is no chance we can compare most of them here. Changed * The currency must have a market cap of 1 million US dollars. to * The currency must have a market cap of 10 million US dollars.)
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At this writing there are 735 cryptocurrencies on the market. This article aims to list only the most relevant cryptocurrencies.

To be listed here, a currency must have one of the following qualities:

  • The currency must have a market cap of 10 million US 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.
  • The currency must be decentralized (anonymous).
Coin Symbol Launched Consensus tool Distribution Market cap Unit cap Status Anonymous Notable comments
Anoncoin ANC 2 Jun 2013 Zerocoin Zero-knowledge proofs $0.8 million 4,200,000 Developed Yes Introduced support of I2P and Tor.
Bitcoin BTC 3 Jan 2009 SHA256d Proof-of-work (fixed, halving) $36 billion 20,999,999.9769 Active No First blockchain
BitcoinDark BTCD 16 Jul 2014 SHA256d ? $30 million ? Abandoned for Komodo Yes
Bitcoin Testnet 1 TNBTC 21 Oct 2010 SHA256d Proof-of-work (fixed, halving) None 20,999,999.9769 Abandoned No First altcoin[1]
Bitcoin Testnet 3 TNBTC 12 Apr 2012 SHA256d Proof-of-work (fixed, halving) None 20,999,999.9769 Active No Current Bitcoin testnet
BitShares BTS 21 Jul 2014 ? ? $158.9 million ? Active No
Bytecoin BCN 4 Jul 2012 CryptoNight Proof-of-work (random, smooth) $414 million 184.46 billion Active Yes Introduced CryptoNote.
Cloakcoin CLOAK 7 Jun 2014 ENIGMA Peer-to-peer $4.7 million ? Active Yes
Dash DASH 18 Jan 2014 X11 Proof-of-work (fixed, curve) $914 million 19 million (estimate) Active Yes
Dogecoin DOGE 6 Dec 2013 scrypt Proof-of-work (random) $278 million Unlimited Active No Was joke, became huge
Freicoin FRC 21 Dec 2012 SHA256d Proof-of-work $0.084 million ? Active No First demurrage cryptocurrency
HunterCoin HUC 1 Feb 2014 SHA256d and/or scrypt Game rewards, Proof-of-work $2 million 42,000,000 Active No First blockchain-based game
Komodo KMD 5 Feb 2017 ? ? $54 million ? Active Yes
Litecoin LTC 7 Oct 2011 scrypt Proof-of-work (fixed, halving) $1.2 billion 83,999,949.9076 Active No TBX clone
MaidSafeCoin MAID 22 Apr 2014 Bitcoin Central $166 million 452,552,412 Active No
Monero XMR 18 Apr 2014 CryptoNight Proof-of-work (random, smooth) $584 million ~18,400,000 then <1% inflation Active Yes
Namecoin NMC 18 Apr 2011 SHA256d - merged mined with Bitcoin Proof-of-work (fixed, halving) $23 million 20,999,999.9769 (like Bitcoin) Active No First alternative chain, bitDNS
NEM XEM 31 Mar 2015 Proof-of-importance Peer-to-peer $1.7 billion 9 billion Active Yes Introduced the proof-of-importance (POI) algorithm.
Nxt NXT 29 Sep 2013 Consensus through obscurity[2] Central $51.6 million 999,997,096 Active No
Peercoin PPC 19 Aug 2012 Central authoriy[3] Proof-of-work/stake $35.6 million Unlimited Active No
PIVX PIVX 1 Feb 2016 Quark proof-of-stake 3.0 $83.9 million ? Active Yes It was first launched under the name of Darknet (DNET) on February 1st 2016.
Primecoin XPM 7 Jul 2013 Cunningham Proof-of-work $7.2 million Unlimited Active No First "useful proof-of-work" altcoin
Ripple XRP 1 Mar 2011 Ripple Central $8.2 billion 28,989,252,282 Active No
Tonal Bitcoin TBC 2 Jan 2011 See Bitcoin See Bitcoin See Bitcoin 7,750,54.00 Active No First on-chain alternative
Zcash ZEC 28 Oct 2016 Zerocash Zero-knowledge proofs, Proof-of-work (Equihash), with a portion of each block subsidy distributed to founders for the first four years. $338 million 21,000,000 (like Bitcoin) Active Yes First cryptocurrency that implemented the zerocash protocol.
Zclassic ZCL 10 Nov 2016 See Zcash See Zcash $5 million See Zcash Active Yes First Zcash-based currency without the 20% fee for miners made by Zcash.
Zcoin XZC 28 Sep 2016 Zerocoin (Zero-knowledge proofs), Merkle Tree Proof of Work ( Proof-of-work) $16.9 million 21,000,000 (like Bitcoin) Active Yes 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).

See Also

References

  1. ↑ http://www.reddit.com/r/Bitcoin/comments/2jw5pm/im_gavin_andresen_chief_scientist_at_the_bitcoin/
  2. ↑ https://download.wpsoftware.net/bitcoin/pos.pdf
  3. ↑ Peercoin Source | Centralized Checkpointing Public Key
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