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Should you havent run into at least a handful of people that are cynical about the condition of the 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 effort to learn how many of them actually had working products that are providing real value. The identical study done in 2017 may have yielded some truly discouraging results but, even now, the consequences 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 fundamental blockchain and launching it isnt a very large bar to set. We wanted to become somewhat more strict with our standards.

When researching this guide, we evaluated each endeavors status, looked in its roadmap, checked its launch history, and compared finished features to what the team promises to provide in the foreseeable future.

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

There are many projects 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 have chosen not to include jobs which arent actually being used by any significant measure, which means that nearly all of the recently launched mainnets will not yet meet their standards. .

In other words, the mere existence of a product does not necessarily mean that the item is working. After all, is a foundation really doing any job when there's no weight on top of it Additionally, a dapp platform which has a mainnet but 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 project is missing, and then make a comment, What about XYZ job!! We welcome this feedback, as its entirely possible that a few projects have stronger user foundations than indicated in the prevalent documentation of them.

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

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

Bitcoin is the cryptocurrency that began it back in 2009, after the global financial crisis and subsequent bailouts of banks left many people disenfranchised with fiat currency and obsolete, insecure financial infrastructure.

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Today, Bitcoin is being employed for peer-to-peer payments throughout the globe. More than that, however, it is leading the way towards a future in which financial technology is trustless, secure, resilient, and censorship resistant. With no 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 noticed the value of decentralized apps (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, using a crowdsale the following July. The system went live in July 2015.

Since then, hundreds of businesses, individuals, and blockchain projects have adopted Ethereum as their main smart contracts stage.

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Current banking infrastructure has failed to grow in the 21st century, such that it takes 3-5 business days on average to get an international transfer to be processed. With only 4 second transaction times and in a fraction of the expense of a cable transfer, Ripples working product is currently 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 published here far simpler than getting real life adoption for XRP.

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

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