Overview of the most important cryptocurrencies
Here you can find an overview of the most important cryptocurrencies. Especially the market capitalization and innovation are important. Market capitalization is based on coinmarketcap.com.
Currency | Main characteristics | USP | Mining | Transactions |
Bitcoin | – First cryptocurrency – Coin | – Decentralized Blockchain – Digital gold | – Algorithm: SHA-256 | – Type of Proof: PoW |
Ethereum | – Smart Contracts – Can process more transactions than Bitcoin – Token & Coin | – Smart Contracts | – Algorithm: Ethash | – Type of Proof: PoW – Vary depending on the network usage and size of the transaction – The more you pay, the faster the transaction is being processed |
Ripple | – Centralized instead of decentralized – Focused on B2B – More/cheaper transactions due to off-ledger transactions – Token | – Banking transactions | – Algorithm: no mining | – Type of Proof: Consensus |
Bitcoin Cash | – Separated from Bitcoin – Faster/cheaper than Bitcoin due to bigger block size (8MB instead of 1 MB) – Coin | – Faster/cheaper than Bitcoin – more a currency than Bitcoin | – Algorithm: SHA-256 | – Type of Proof: PoW |
Litecoin | – Faster/cheaper than Bitcoin because blocks are being generated faster (2,5 instead of 10 minutes) – Coin | – Independent from Bitcoin – Faster/cheaper than Bitcoin – more a currency than Bitcoin | – Algorithm: Scrypt | – Type of Proof: PoW |
Cardano | – Third generation of cryptocurrencies – Supposed to comply with legal requirements – Supposed to enable safe/faster transactions for big companies/governments (Proof-of-Stake instead of Proof-of-Work) | – Independent from Bitcoin ( Proof-of-Stake instead of Proof-of-Work) – Faster/cheaper than Bitcoin – more a currency than Bitcoin | – Algorithm: POS | – Type of Proof: PoS |
Stellar | – International focus (bridge between 2 currencies) – Easier, faster and cheaper transactions than Bitcoin because there is no mining process | Easier, faster and cheaper transactions than Bitcoin because there is no mining process | – | – Type of Proof: Stellar Consesus Protocol |
NEO | – “Chinese Ethereum” – More/faster transactions – Coin | – Smart Contracts 2.0 (more programming languages than Ethereum) | – | – Type of Proof: dbFT |
EOS | – Most transactions per second (technology of vertical and horizontal scaling) – No fees – Token | – Fast transactions (delegated Proof-of-Stake) | – | – Type of Proof: DPoS |
IOTA | – Free and fast transactions due to tangle-technology | – Coin for Internet-of-Things | – | – Type of Proof: Tangle |
Dash | – Faster than Bitcoin because blocks are being generated faster (2,5 instead of 10 minutes) | – Data protection with the help of PrivateSend | – Algorithm: X11 | – Type of Proof: PoW/PoS |
NEM | – Fast, cheap and safe transactions (Proof-of-Importance) – Coin | – Smart Asset System | – | – Type of Proof: PoI |
Monero | – Faster than Bitcoin because blocks are being generated faster (2 instead of 10 minutes) – Coin | – Anonymity because of CryptoNote protocol | – Algorithm: CryptoNight | – Type of Proof: PoW |
Lisk | – Applications can easily be programmed with Javascript (Dapps) – Coin | – DApps | – | – Type of Proof: DPos |
- Cryptocurrency
- Airdrop
- Altcoin
- Bitcoin
- Bitcoin Minder Hardware
- Blockchain
- Decentralized Application (DApp)
- Distributed Ledger Technology (DLT)
- Ethereum
- Crypto-market
- Initial Bounty Offering (IBO)
- Initial Coin Offering (ICO)
- IOTA
- Miner
- Mining
- Poolmining
- Tangle