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

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

Before we share the results with you, its important to define just what constitutes a working product 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 guide, we evaluated each endeavors standing, looked at its roadmap, assessed its release record, and compared completed features to what the group promises to deliver in the foreseeable future.

A working product is active and available to the general public. Its mainnet has probably been released for a while, 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 jobs in the top 100 that have launched their own mainnet, and can claim to have a working product by a loose definition. However, we've chosen not to include projects which arent actually being used by any significant step, which means that nearly all 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 work when there's no weight on top of it Likewise, a dapp stage which has a mainnet but that doesnt have any noteworthy dapps on top of it isnt considered working by this criteria. .

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No doubt many people will browse through this list, find that their favourite job is missing, and then make a comment, What about XYZ job!! We welcome this feedback, as its entirely possible that some projects have stronger user bases than indicated in the prevalent documentation of them.

But if you do think we made a mistake, then we request that you provide sources backing up that claim so we can assess its validity.

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

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

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Today, Bitcoin is being employed for peer payments across the globe. 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 attracted smart contracts to the blockchain, spurring a minor revolution in the cryptocurrency ecosystem. Before Ethereum, Bitcoin and its own transaction-oriented design was the central focus of most blockchain projects.

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

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

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

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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 great post to read to get an international transfer to be processed. With only 4 second transaction times and in a fraction of the cost 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 utterly unnecessary. Indeed, driving adoption of Ripples banking solutions is much easier than getting real-world adoption for XRP.

In case youre interested in seeing a discussion about how XRP adoption will occur, you might find that this reddit thread worth a read. Meanwhile, all people will just have to wait and see if XRP adoption strategies ultimately come to fruition.

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