Mapping cryptocurrency - A quick analysis of the main cryptocurrency assets

fanacci (25)in #cryptocurrency • 7 years ago

Hi everyone!
I have found this great table analysing the main cryptocurrency assets on one chart. I hope it will be useful to you as it was to me.

Name	Description	Pros	Cons	Where to buy	Similar to	Category
Bitcoin (BTC)	Bitcoin is a cryptocurrency and a digital payment system	• Most widely used cryptocurrency • Largest developer community	• Slow transaction time • Not segwit-ready	Coinbase	Litecoin	Currency
Ethereum (ETH)	Ethereum is a decentralized platform that runs smart contracts: applications that run exactly as programmed without any possibility of downtime, censorship, fraud or third party interference.	• Programmable money • Smart contracts • Huge community - Ethereum Enterprise Alliance consists of companies like Microsoft, Intel, and more	• Higher inflation than bitcoin • More Transactions/second than bitcoin but slower than NEM	Coinbase	Waves	Platform
Ripple (XRP)	Ripple is a real-time gross settlement system (RTGS), currency exchange and remittance network operated by Ripple.	• Math-based currency • Free from DoS attacks • Its settlement infrastructure is used by the banks	• Founders of Ripple control ~60% of XRP	Bittrex, Poloniex	Stellar	Payment Network
NEM (XEM)	NEM has a stated goal of a wide distribution model and has introduced new features to blockchain technology such as its proof-of-importance (POI) algorithm, multisignature accounts, encrypted messaging, and an Eigentrust++ reputation system.	• Its private blockchain, Mijin, is tested by the Japanese banks. • Variety of usecases - can send payments and messages securely globally. • Incredibly scalable - 3000 transactions/sec/ • Low transaction fee - 0.01% fee	• No private transactions • No mining available • Unclear roadmap • Lack of enterprise features • No substantial development updates recently	Bittrex, Poloniex	Stellar, Dash, Ripple	Payment Network, Platform
Litecoin (LTC)	Litecoin is a peer-to-peer Internet currency that enables instant, near-zero cost payments to anyone in the world.	• Faster transaction time than bitcoin. • Also can handle more transactions than bitcoin. • Segwit-ready	• Weak marketing	Coinbase	Bitcoin	Currency
Ethereum Classic (ETC)	Ethereum Classic is a decentralized platform that runs smart contracts: applications that run exactly as programmed without any possibility of downtime, censorship, fraud or third party interference.	• Continuation of the original Ethereum blockchain - the classic version preserving untampered history	• Community of developers vehemently against Ethereum	Bittrex, Poloniex	Ethereum	Currency
Dash (DASH)	Dash (formerly known as Darkcoin and XCoin) is an open source peer-to-peer cryptocurrency that offers instant transactions (InstantSend), private transactions (PrivateSend) and token fungibility.	• Instantaneous transaction time about 1.2 seconds • Private transaction possible with privatesend • Low transaction fee	• Core team is secretive about their roadmaps • Decentralized governance is immature - few masternode owners make the decision	Bittrex, Poloniex	Stellar, NEM, Ripple	Payment Network
Monero (XMR)	Monero (XMR) is a privacy-focused cryptocurrency that is not based on Bitcoin's code.	• Unttraceable payments & Unlinkable transactions • Second most used cryptocurrency in the dark web. • Cryptonote-based	• Untraceability makes it challenging to go mainstream	Bittrex, Poloniex	Bytecoin, Zcash	Currency
Bytecoin (BCN)	Bytecoin allows safe and secure transactions around the globe and offers the convenience of instant fee-free money transactions.	• Free instant international payments. • Unntraceable payment • Cryptonote-based	• 80%+ were premined prior to public release	Bittrex, Poloniex	Monero, Zcash	Payment Network
Stellar Lumens (XLM)	Stellar is a platform that connects banks, payments systems, and people.	• Instant payment (2-5 seconds) • Customizable payment infrastructure	• No mining available. 90% of Lumens are owned by the founders	Bittrex, Poloniex	Ripple	Payment Network
Dogecoin (DOGE)	Dogecoin is a cryptocurrency featuring a likeness of the Shiba Inu dog from the "Doge" Internet meme as its logo.	• Easy to send payments online	• Coin is not taken seriously. • No unique technical feature	Bittrex, Poloniex	Steem	Currency
Golem (GNT)	Golem is a global, open sourced, decentralized supercomputer that anyone can access. It's made up of the combined power of user's machines, from personal laptops to entire datacenters.	• You get rewarded for renting out computing power	• No Mining available	Bittrex, Poloniex	Siacoin	Computing Network
Augur (REP)	Augur is a fully open-source and decentralized prediction market platform built on Ethereum, a blockchain technology that allows for the execution of smart contracts.	• It allows you to forecast events and be rewarded for predicting the outcome correctly.	• Not much activity in the prediction market	Bittrex, Poloniex	Gnosis	Prediction Market
Zcash (ZEC)	Zcash is the first open, permissionless cryptocurrency that can fully protect the privacy of transactions using zero-knowledge cryptography.	• Unttraceable payments & Unlinkable transactions	• 20% of block reward goes to the developers.	Bittrex, Poloniex	Bytecoin, Monero	Currency
Stratis (STRAT)	Stratis offers full service capabilities for the development, deployment and management of blockchain applications and solutions utilizing C# on the .Net framework.	• Block chain as a service. (Private & public blockchains for corps) • Segwit-ready. • Master nodes provide extra services like making the network transactions more private, enabling instant transactions, etc. • Smart contracts using C#	• No actual corporate customers as of May 30th 2017 • Smart contracts available only on sidechains	Bittrex, Poloniex	Lisk	Platform
Steem (STEEM)	Steem is a blockchain-based social media platform where anyone can earn rewards.	• Content creators on steemit.com get rewarded when their posts get upvoted	• Vulnerable to voting manipulation via sybil attack	Bittrex, Poloniex	AMP Synereo	Currency
Gnosis (GNO)	Based on Ethereum — The next generation blockchain network. Speculate on anything with an easy-to-use prediction market.	• Can create a customizable prediction market app	• No known Gnosis-powered apps	Bittrex, Poloniex	Augur	Platform
Waves (WAVES)	Crypto-platform for asset/custom token issuance, transfer and trading on blockchain	• Allows for trading on its decentralized exchange • Straightforward custom token creation process • Fast transactions and future-proof scaling. • Friendly community	• Many fake coins created as a result of easy creation process	Bittrex	Bitshares, Lykke	Decentralized Exchange
Bitshares (BTS)	BitShares offers a stack of financial services including exchange and banking on a blockchain.	• Allows for trading on its decentralized exchange • Extremely fast transaction time - handles tens of thousands/sec • Allows for creation of smartcoins and user-issued assets akin to Waves' custom tokens	• Declining developer interest. Main developer left to work for Steem	Poloniex	Waves, Lykke	Decentralized Exchange
Siacoin (SC)	Sia is a decentralized network of datacenters that, taken together, comprise the world's fastest, cheapest, and most secure cloud storage platform.	• You get rewarded for renting out your computer storage • Files are split across the network & encrypted so no need to worry about privacy	• Low adoption	Bittrex, Poloniex	Golem, Storj	Storage Network
Lykke (LKK)	Next-generation trading platform with zero commission	• You can trade colored coins that are associated with physical assets • 0 trading fees • Each Lykke coin represents a share in the company	• No mining available • Coin is available only via their mobile app • Not available in the US	N/A	Bitshares, Waves	Decentralized Exchange
Komodo (KMD)	Komodo Platform aims to provide security to third-party blockchains using delayed Proof of Work (dPoW) and zero-proof knowledge based on Zcash	• Allows developers to build independent blockchains • Resistant to parent chain's fee inflation • Zcash-level privacy • Support smart contracts development • Atomic cross-chain swap possible, hence no exchange fee on its DEX.	• Relatively unknown	Bittrex	Ethereum, Stratis	Platform, Decentralized Exchange