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If you havent run into no less than a handful of people who are cynical about the condition of this blockchain industry and think its mostly scams and vaporware, well you probably havent been into crypto for quite long.

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

Before we share the results with you, its important to define just what constitutes a working item in the first place.

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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 be a bit more strict with our criteria.

When researching this article, we assessed each projects status, looked in its roadmap, assessed its release record, and compared completed 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 published for a while, bumping the version numbers well over 1.0. Businesses and individuals use it on a daily basis for dapps, smart contracts, or electronic currency transactions.

There are many jobs in the top 100 who have launched their mainnet, and can claim to have a working product by means of a loose definition. However, 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 their standards. .

In other words, the mere existence of a product does not necessarily mean the product is working. After all, is a foundation doing any work when there is no burden on top of it Additionally, a dapp platform that 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 read through this listing, find that their favorite job is missing, and then make a comment, What about XYZ project!! We welcome this feedback, as its entirely possible that some projects have stronger user foundations than indicated in the prevalent documentation of them.

But should you think we made a mistake, then we ask that you provide sources backing up that promise so we may assess its validity.

(Editors note: Upon further research and consideration, OmiseGO and Verge, which were originally on this list, have been eliminated as they do not fulfill the standards outlined previously.)

Bitcoin is the cryptocurrency that started it back in 2009, after the worldwide financial crisis and subsequent bailouts of banks abandoned many people disenfranchised with fiat currency and outdated, insecure financial infrastructure.

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Today, Bitcoin is being used for peer payments throughout the globe. More than this, however, it is leading the way towards a future in which financial technology is trustless, secure, resilient, and censorship resistant. With no Bitcoin, this record would not exist.

The platform that brought smart contracts into the blockchain, spurring a minor revolution in the cryptocurrency ecosystem. Before Ethereum, Bitcoin and its own transaction-oriented design was the central focus of the majority of blockchain projects.

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Following Ethereum, teams saw the value of decentralized programs (dapps) and clever contracts, and shifted their focus to compensate.

Vitalik Buterins Ethereum whitepaper premiered in late 2013. The job itself was announced January 2014, with a crowdsale the following July. The system went live in July 2015.

Since then, hundreds of businesses, individuals, and blockchain projects have embraced Ethereum because their main smart 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 for 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 product is already 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 far simpler than getting weblink real life adoption for XRP.

In case youre interested in seeing a discussion about the way XRP adoption will happen, you might find this reddit thread worth a read. Meanwhile, all of us will just have to wait and see if XRP adoption strategies ultimately come to fruition.

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