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If you havent run into no less than a handful of folks who are cynical about the state of the blockchain industry and think its largely 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 these really had working products which are providing real value. The same study done in 2017 might have yielded some truly discouraging results but, even now, the consequences arent just stellar.

Before we discuss those results with you, its important to define just what constitutes a working product in the first location.

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Considering that blockchain jobs are open-source, building a fundamental blockchain and launching it isnt a very high bar to set. We wanted to be a bit more strict with our criteria.

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

A working merchandise is active and available to the public. Its mainnet has likely been released for some time, bumping the version numbers well above 1.0. Businesses and individuals use it on daily basis for dapps, smart contracts, or digital currency transactions.

There are many projects in the top 100 who have launched their own mainnet, and can claim to have a working product by means of a loose definition. However, we have chosen not to include projects which arent actually 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 the item is working. After all, is a foundation really doing any job 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 list, find that their favorite project is missing, and then leave 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 that we made a mistake, then we ask that you provide sources backing up that claim so that we may assess its validity.

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

Bitcoin is the cryptocurrency that began it all back in 2009, following the worldwide financial crisis and subsequent bailouts of banks abandoned many individuals disenfranchised with fiat currency and obsolete, insecure financial infrastructure.

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Today, Bitcoin is being used for peer payments throughout the world. More than that, however, 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 brought smart contracts into the my latest blog post blockchain, spurring a minor revolution in the cryptocurrency ecosystem. Before Ethereum, Bitcoin and its transaction-oriented design was the central focus of most blockchain projects.

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After Ethereum, teams noticed that the value of decentralized programs (dapps) and smart contracts, and shifted their focus to compensate.

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

Since then, hundreds of businesses, individuals, and blockchain jobs have adopted Ethereum as their main intelligent contracts platform.

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Current banking infrastructure has failed to grow in the 21st century, such that it takes 3-5 Home Page 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 product is already impacting the banking sector. .

The big knock against Ripple is that its native token, XRP, is utterly unnecessary. Indeed, driving adoption of Ripples banking solutions is far easier than getting real-world adoption for XRP.

If youre interested in seeing a discussion about how XRP adoption will happen, you may find this reddit thread worth a read. Meanwhile, all people will just have to wait and see whether XRP adoption plans ultimately come to fruition.

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