Many blockchain and cryptocurrency platforms continue to emerge. It is becoming increasingly difficult to make the best decision when it comes to an investment project. This piece provides a summary of each of the top 50 digital assets according to how they rank on CoinMarketCap (CMC) as of this writing.
Top 50 Cryptocurrencies:
1. BITCOIN
Dubbed the Crypto grandfather, Bitcoin is a secure, decentralized digital asset. Count on it for transactions and a store of value.
2. ETHEREUM
The first to initiate smart contracts and tokens, Ethereum leads in creating a robust and decentralized platform for app development.
3. RIPPLE
Ripple enables fast and secure transactions, focusing on financial institutions—the main difference between it and Bitcoin.
4. BITCOIN CASH
A fork of the original bitcoin, Bitcoin Cash enables cheaper transactions and a transparent development process.
5. CARDANO
A brainchild of the Ethereum co-founder, CARDANO offers a reliable Smart contracts platform, branded ‘Ethereum of Japan.’
6. LITECOIN
Litecoin is the silver of Bitcoin
7. NEM
The world’s first ‘Smart Asset’ blockchain platform
8. STELLAR
In the footsteps of Ripple, Stellar targets more end users than financial institutions
9. IOTA
This digital currency requires no transaction fees, no blocks, and no mining. Unlimited nano payments
10. DASH
DASH is a digital currency, a hybrid between Bitcoin and Monero
11. NEO
NEO operates smart contracts similar to Ethereum. The largest cryptocurrency in China aims to be the platform for a new smart economy
12. TRON
Operates on ERC20 token with the objective to become a decentralized platform for entertainment content sharing
13. MONERO
The first digital currency to offer transactions with complete anonymity
14. EOS
A platform for Smart contracts similar to Ethereum, but offers better performance and scalability
15. ICON
Aims to ‘Hyperconnect the world’ by building by creating one of the largest decentralized global networks
16. BITCOIN GOLD
This Bitcoin fork uses a fresh POW algorithm, allows for GPU mining with faster block difficulty adjustment.
17. QTUM
A hybrid of Bitcoin and Ethereum, based in Singapore
18. RAIBLOCKS
Focuses on scalability and zero-free transactions
19. ETHEREUM CLASSIC
An Ethereum fork that failed to revert the hacked DAO funds
20. LISK
A Javascript-based platform for smart contracts similar to Ethereum
21. VERGE
Works like bitcoin but incorporates TOR for faster transactions
22. OMISEGO
An extension of OMISE—an Asian-based payment processing company, operates on ERC20 token
23. SLACOIN
A platform for distributed cloud storage
24. BITCONNECT
Regulators and investors call it a Ponzi scheme, it allows for lending of bitcoin on their platform
25. ZCash
Focuses on privacy like Monero, but operates on a different protocol
26. BYTE COIN
Similar to Bitcoin but offers faster transactions using a different POW algorithm
27. POPULOUS
Operates on the Ethereum blockchain, focuses on invoice and trade finance
28. STRATIS
A blockchain-as-a-service platform, allows creation of private blockchains and applications to run on those ledgers
29. BINANCE COIN
Operates on ERC20 token issued by Binance exchange. Lower trading fees
30. BITSHARES
A decentralized platform and exchange for Smartcoins. Deals in bitUSD, bitGold, bitCNY
31. ARDOR
This blockchain platform will allow people to utilize the blockchain technology using child chains
32. KUCOIN SHARES
Operates like Binance Coin but only for KuCoin exchange
33. TETHER COIN
This digital asset represents fiat currencies. Each tether is equivalent to $1 in value
34. DOGECOIN
Much WOW, very MEME
35. STATUS
It offers a mobile interface and an open-source platform for messaging, with decentralized applications. Runs on Ethereum network
36. DENTACOIN
This ERC20 token has the goal to transform the global dentistry by reducing costs and improving dental care. Aims to create a community
37. STEEM
This digital currency is for the Steemit platform—a blockchain-based social media platform where users get paid to post content
38. VECHAIN
This blockchain-based platform empowers consumers and retailers to decide the authenticity and quality of the products bought
39. WAVES
This blockchain-based platform enables users to launch their own custom digital asset tokens, which they can exchange on the P2P exchange built on the wallet
40. DRAGONCHAIN
A private and public hybrid blockchain operates on ERC20 token. Designed in Disney’s office in Seattle, it utilizes the DRAGON currency
41. WAX
An acronym for World Wide Asset Exchange, the token serves as payment method on the marketplace OPSkins, which allows any user to list his or her virtual goods such as GoSkins, CryptoKitties, and more
42. DIGIBYTE
Works like bitcoin but offers faster transaction fees, less fees and different POW algorithm
43. VERITASEUM
This P2P platform works in a similar way to WAX and Bitshares. It enables token rentals and serves as a vehicle to facilitate P2P over the counter transactions
44. 0X
Pronounced ZERO-X, the platform is a permissionless, P2P exchange that allows for trading of ERC20 tokens on the Ethereum blockchain.
45. AUGUR
This decentralized prediction market operates on the Ethereum blockchain, allows users to forecast events and receive rewards for the right predictions
46. ARK
This decentralized community allows members to build their own blockchains from Ark. Allows for bridging of multiple blockchains using SmartBridges
47. DENT
Supported by DENT Wireless Limited, this platform allows users to sell, buy, or to contribute data on the Ethereum blockchain
48. KOMODO
This hybrid of Bitcoin Dark and ZCash features a DPOW (Delayed proof of work) protocol
49. HSHARE
This token for HCash is designed to transfer value from one blockchain to another, allowing for private payments, DAO governance, and quantum resistance
50. GOLEM
This global, decentralized supercomputer is accessible by anyone
