Bitcoin is a digital asset and a payment system invented by Satoshi Nakamoto who published a related paper in 2008 and released it as open-source software in 2009. The system featured as peer-to-peer; users can transact directly without an intermediary.
BCH Bitcoin Cash
Bitcoin Cash brings sound money to the world, fulfilling the original promise of Bitcoin as "Peer-to-Peer Electronic Cash". Merchants and users are empowered with low fees and reliable confirmations. Its future shines brightly with unrestricted growth, global adoption, permissionless innovation, and decentralized development. All Bitcoin holders as of block 478558 are also owners of Bitcoin Cash.
All are welcome to join the Bitcoin Cash community as we move forward in creating sound money accessible to the whole world.
BSV Bitcoin SV
Bitcoin SV is a forked asset generated from Bitcoin Cash hard fork on November 16, 2018. The project follows the original specifications of Nakamoto‘s white paper, hence the name Bitcoin Satoshi Vision, or BSV, which aims to provide miners with clear implementation choices and allows companies to build applications and websites on top of them. BSV is supported by CoinGeek and nChain is responsible for development.
USDT is a cryptocurrency issued on the Bitcoin blockchain via the Omni Layer Protocol. Each USDT unit is backed by a U.S. Dollar held in the reserves of the Tether Limited and can be redeemed through the Tether Platform. USDT can be transferred, stored, spent, just like bitcoin or any other cryptocurrency.
USDT and other Tether cryptocurrencies were created to facilitate the transfer of national currencies, to provide users with a stable alternative to Bitcoin and to offer a substitute for exchange and wallet audits which are currently unreliable. USDT gives more options to Proof of Solvency methods by introducing a Proof of Reserves Process.
In the Tether Proof of Reserves system, the amount of USDT in circulation can be easily checked on the Bitcoin blockchain via the tools provided at Omnichest.info, while the corresponding total amount of USD held reserves is proved by publishing the bank balance and undergoing periodic audits by professionals.
FreeCash (FCH) is an underlying framework upgrade based on Nakamoto's Bitcoin framework aiming to solve the existing problems faced by BTC and BCH. FCH follows the POW consensus mechanism and the SHA256 mining algorithm. FCH will solve the governance flaw in the Bitcoin system, that is, the developer incentive problem. Therefore, it will establish a governance fund, provide incentives for all important contributors, including developers, and encourage experts in various fields to join the FCH ecosystem and build an effective governance mechanism dedicated for the decentralized community.
FCH combines the advantages of BTC and BCH, and aims at a freely evolving electronic cash system. It explores a free and efficient governance mechanism for decentralized cryptocurrencies and builds the cornerstone of the future crypto economy.
Litecoin is a peer-to-peer Internet cryptocurrency that enables instant, near-zero cost payments to anyone in the world. Litecoin is an open source, global payment network that is fully decentralized without any central authorities. Mathematics secures the network and empowers individuals to control their own finances.
Litecoin features faster transaction confirmation times and improves more storage efficiency than the leading math-based cryptocurrencies. With substantial industry support, trading volume and liquidity, Litecoin is a proven medium of commerce complementary to Bitcoin.
Ethereum, founded by Vitalik Buterin, created an alternative protocol for building decentralized applications, by establishing what is essentially the ultimate abstract foundational layer: a blockchain with a built-in Turing-complete programming language, allowing anyone to write smart contracts and decentralized applications where they can create their own arbitrary rules for ownership, transaction formats, and state transition functions.
ETC Ethereum Classic
Ethereum Classic is an attempt at keeping the Ethereum blockchain unaltered by the part of the community that opposed the hard fork and the return of The DAO funds. It started trading on Poloniex and is getting more and more traction.
The Ethereum Classic mission statement is:
"We believe in decentralized, censorship-resistant, permissionless blockchains. We believe in the original vision of Ethereum as a world computer you can't shut down, running irreversible smart contracts. We believe in a strong separation of concerns, where system forks are only possible in order to correct actual platform bugs, not to bail out failed contracts and special interests. We believe in censorship-resistant platform that can be actually trusted - by anyone."
In 2017, the Die Hard fork was implemented in ETC, removing the Ethereum difficulty bomb. Currently, there are no plans to move to Proof of Stake like Ethereum, although developers at the IOHK institute are developing a new PoS protocol for Ethereum Classic.
Zcash is a decentralized and open-source cryptocurrency that offers privacy and selective transparency of transactions. Zcash payments are published on a public blockchain, but the sender, recipient, and amount of a transaction remain private.
Zcash is based on peer-reviewed cryptographic research, and built by a security-specialized engineering team on an open source platform based on Bitcoin Core's battle-tested codebase. Its improvement over Bitcoin is the addition of privacy. Zcash uses advanced cryptographic techniques, namely zero-knowledge proof, to guarantee the validity of transactions without revealing additional information about them.
Dash (DASH) is a privacy-centric digital currency with instant transactions. It is based on the Bitcoin software, but it has a two-tier network that improves it. Dash allows you to remain anonymous when you're making transactions, similar to cash.
Monero (XMR) is an open-source cryptocurrency created in April 2014 that focuses on privacy and decentralization and is available for Windows, macOS, Linux, Android, and FreeBSD. Monero uses a public ledger to record transactions while new units are created through a process called mining. Monero aims to improve the existing cryptocurrency design by obscuring sender, recipient and amount of every transaction made, and make the mining process more egalitarian.
CKB Nervos CKB
The Nervos Network is an open source public blockchain ecosystem and collection of protocols solving the biggest challenges facing blockchains like Bitcoin and Ethereum today.
The Nervos Network represents the entire ecosystem of Nervos and is a collection of protocols, layer 2's and public blockchains underpinned by the Nervos CKB and CKByte token. A core design principle at Nervos is that layer 2 solutions such as side-chains, plasma chains and state channels are the best way to scale a blockchain system. Nervos utilizes layer 2 solutions that bring unlimited transaction capabilities and minimal transaction cost to a layer 1 blockchain that's designed to be secure, permissionless and decentralized.
Coin Name: CKB (Common Knowledge Base)
Type: Nervos Network native token
Initial Total Supply: 33.6 billion
Circulation rate when mainnet is launched: 36.8%
Initial circulating supply market cap when mainnet is launched: 123M USD (at 0.01 USD price)
Distribution of Initial Token Supply
20%: Public sale 1 CKB = 0.01 USD (Official sale is scheduled on mid-September)
25%: Burned when mainnet is launched
18.5%: Ecology foundation
14%: Private sale: (0.006USD)
The CKByte (Common Knowledge Byte) is the native token of the Nervos CKB. The CKbyte represents ownership of the Common Knowledge Base blockchain and is used as a storage of value and for resource management. Equivalent to owning land, with the CKByte, you can store assets, smart contracts and other types of “common knowledge”, rent out your space, or simply “hodl” in the Nervos DAO for value preservation.
Jan Xie - Architect & Researcher. Founder at Cryptape, former core researcher & developer at Ethereum Foundation, co-founder of ethfans.org, former architect at Peatio
Terry Tai - Jack of all Trades. Core developer at Yunbi & Peatio cryptocurrency exchange, co-founder of Teahour.fm, one of China's most popular tech podcasts
Daniel Lv - Community Building. Former CTO of imToken (world's most popular Ethereum wallet), former CTO of Yunbi, and co-founder of ruby-china.org and KOL
Decred is similar to normal money. It’s a digital currency. The big difference: Decred is designed to be completely autonomous, open source, and driven by the community. No central banks needed.
Decred is similar to Bitcoin. There will only be 21M coins created, ever. The big difference: Decred uses advanced and innovative technology that solves blockchain governance. No hard forks needed. Exchanges will never have to deal with customer requests for splits. The general public will never have to sift through contentious forks or be fooled by claims of a "better Decred".
The Decred project was created in the spirit of open participation. Everyone can join and contribute. All stakeholders of Decred can decide to take part in the decision-making process. The project is constantly evolving, so you can expect more innovations in the future.
A Bitcoin clone that has reached success through clever marketing. Over the past years well over a hundred new cryptocurrencies have been created but not many have instantly carved out a niche.
Dogecoin has sponsored multiple high profile events such as Nascar teams and the winter Olympics - even so, there are few locations to use the coin - and instead, it has become a de facto internet tipping currency. The coin has produced 100 billion units by the end of 2014 and is now producing roughly 5 billion units per year.
With the introduction of Syscoin 4 Platform, Syscoin is presented as a decentralized scalable blockchain for enterprises, a development platform, and an asset platform offering high throughput, scalability, and fast, easy token creation.
The platform also offers low fees, and provides a unique form of cross-chain asset interoperability capable of interconnecting platforms without requiring intermediaries nor counterparties. Its interoperability is focused primarily on Ethereum, enabling ERC20s to utilize the microtransaction capabilities of Syscoin Platform which provides VISA-like transfers via Syscoin's Z-DAG (patent-pending), while granting Syscoin Platform Tokens (SPTs) access to Ethereum's smart contract functionality. Syscoin also features the security of Bitcoin merge mining which provides a high degree of double spending protection relative to other blockchains.
Syscoin Platform is an open source third generation decentralized cryptocurrency which dates from its initial design in 2013, to its latest major release in June 2019. Its purpose is to provide enterprises and organizations an ideal platform to benefit from blockchain and distributed ledger technology; specifically high security and availability, lower costs, low barrier to entry, as well as scalability and interoperability.
Elastos aims to create a new kind of Internet, powered by blockchain technology. On this new Internet, people will be able to own digital assets and generate wealth from them. Today, there is a seemingly infinite supply of digital books, movies, music and games. But people do not necessarily own their digital property. You can purchase a digital book, for example, but you can’t sell it to anyone else. So, do you really own it? Elastos wants to make digital assets scarce, identifiable and tradable. Property rights pave the way for wealth creation, and Elastos intends to build a new World Wide Web that respects those rights.
The goal is to create an Internet that allows users to access articles, movies and games directly, without going through a media player or another platform intermediary. Elastos will use blockchain technology to issue IDs for digital content, making it possible to know who owns which digital assets. On the Elastos Internet, filmmakers will know how many times their movies were viewed. The combination of Elastos and blockchain technology lays the foundation for a trustworthy and secure Internet of Wealth.
Elastos will be a platform for decentralized applications (Dapps) that runs on a peer-to-peer network with no centralized control. People can access these Dapps via their mobile phones, without changing their operating system. The old Internet is a Web of information. If you click a URL, you get data. Elastos is creating a Web of apps. When you click a URL, you get code. The Elastos Web will be a special economic zone where Elastos tokens function as the base currency.