Aragon is an Ethereum-based cryptocurrency platform which specialises in the distribution of decentralised applications on the blockchain. It focuses on the creation of virtual companies (or DAOs) which are managed via smart contracts; in this way, blockchain technology can run almost every function such a company might require.
Ark is not only a cryptocurrency, but also, through its SmartBridge technology, a bridging device between different cryptocurrencies in order to facilitate transactions between their respective blockchains. Additionally, it proposes a different approach to the traditional concept of cryptocurrency mining through a system of elected delegates.
Augur is a decentralised, Ethereum-based blockchain platform, which specialises in forecasting world events. Users can invest Augur coin (REP) to buy “shares” in particular outcomes; in this way, Augur both decentralises betting markets and uses these investments as a prediction tool using the concept of the “wisdom of crowds”.
Basic Attention Token (BAT)
Basic Attention Token (BAT) strives to improve the efficiency of digital advertising through a decentralised system using the Ethereum blockchain. It does this by creating a new token to be exchanged between publishers, advertisers and users, put into use through Brave, a new, dedicated browser specifically calibrated for BAT.
Bitcoin was the first decentralised, user-run cryptocurrency, rapidly becoming popular after its inception in 2009. The system secures transactions through registration on a verifiable blockchain, and Bitcoin can be mined as well as purchased outright. Since its release, it has become accepted in an increasing number of online and brick-and-mortar stores.
Dash is an open-source, decentralised cryptocurrency platform which has as its goal to tackle issues of scalability, i. e. being able to handle a large number of transactions at once. At the same time, it attempts to improve user privacy through its optional PrivateSend function.
EOS is a blockchain-based, decentralised system which is built upon but attempts to improve the Ethereum platform. Firstly, it tries to make Ethereum both easier to understand and more accessible to a wider range of users, and, secondly, it strives to make the platform faster and cheaper.
Ethereum was founded in 2013, being thus also one of the older cryptocurrency systems. As opposed to other cryptocurrencies, such as Bitcoin, however, it doesn’t only use the blockchain to manage a cryptocurrency, but facilitates the use and distribution of decentralised software applications.
First Blood (1ST)
First Blood is a cryptocurrency platform, built on the Ripple infrastructure, with a very specific purpose; it wishes to use peer-to-peer blockchain technology within the world of eSports. In this way, players can experience such games in a completely decentralised fashion, without any risk of fraud.
Golem is a decentralised blockchain platform built on the Ripple Virtual Machine, which allows users to rent out unused processing power to others, worldwide. This means it essentially creates a supercomputer by combining the processing power of its users, while reinventing the Internet as a true sharing economy.
Litecoin is a cryptocurrency platform based on Bitcoin infrastructure; created in 2011, it is very close to Bitcoin both in form and function, but with a number of specific improvements. These include a decreased block generation time and increased number of coins, as well as a different hashing algorithm.
Monero is a decentralised cryptocurrency, which prides itself on its scalability and anonymity. As opposed to many other cryptocurrencies, the so-called altcoins, it is not a Bitcoin derivative, but has its own CryptoNote protocol. The emphasis on privacy and anonymity also means the cryptocurrency is particularly fungible.
Nem is a decentralised cryptocurrency platform which is not an altcoin; it uses its own blockchain system and is not built on Bitcoin infrastructure. It strives for more democracy and transparency within the system by using a harvesting (rather than mining) system and a Proof of Importance rather than Proof of Work system.
OmiseGo is an Ethereum-based application that aims to make cryptocurrencies more popular. It can be used in combination with mainstream digital wallets and intends to build bridges between traditional currencies and cryptocurrencies, the exchange taking place within the system.
QTUM is another next-generation decentralised blockchain platform, which has as its unique selling point the fact that it does not simply build on either Bitcoin or Ethereum, but strives to bring together these two cryptocurrency giants, in order to create a hybrid which allows users to benefit from the advantages of both.
Ripple is a decentralised, open-source blockchain platform with its own cryptocurrency, the Ripple (or XRP). It uses a system based on trust lines to carry out international financial transactions without charging fees and is now fully decentralised, ensuring security and privacy for its users.
Sia is an open-source storage solution which strives to compete with Cloud services such as Dropbox or Amazon S3. It does this through a specific application of decentralised, blockchain-based technology, as well as its own currency, the Siacoin, which ensures the security of users’ data.
Status is a decentralised blockchain platform that strives to facilitate the widespread adoption of blockchain and cryptocurrency technology. In order to accomplish this, it provides a mobile operating system through which users can access both decentralised apps (via Ethereum) and a decentralised messaging service.
TenX is a decentralised cryptocurrency platform, built on Ethereum, which like so many latecomers to the industry has as its goal to make cryptocurrencies more widely accessible. It does through a two-fold system, consisting of a Visa credit card and a payment app for Android and Apple smartphones, as well as for regular desktops.
Zcash is an open-source, decentralised blockchain and cryptocurrency platform, which specifically focuses on the security and anonymity of its users. Through additional security protocols (using its token ZEC), Zcash ensures users’ transactional details are not easily retrievable from the blockchain, including the amount, but also the identities of sender and recipient.