More than 60% of cryptoprocta of the top 100 not the finished product
Captainvalor too trusting: pouring a lot of money in the market blockchain startups, they have to wait for the running of the service. Sometimes the wait is delayed, and there are only two choices — either to withdraw from the project and lose money or be patient and to wait.
According to research company Invest in the Blockchain, now in the first hundred Coinmarketcap only 36 projects can boast of a work product. Not just another Proof-of-concept, namely the work product. Here is the full list of platforms included in this list.
Bitcoin, Ethereum, Ripple, Cash Bitcoin, Stellar, Litecoin, Tether, Monero, NEO, Binance Coin, zcash for, Qtum, 0x Protocol, Bytecoin, Decred, BitShares, Steem, Siacoin, Augur, Basic Attention Token, Nano, Golem, Pundi X Waves, KuCoin Shares, Wanchain, Komodo, Ardor, Huobi Token, ZenCash, PIVX, Kyber Network, Bancor, Loom Network, Polymath, Bibox Token.
Of course, with the authors of the study is debatable, but they gave a clear definition of “working product”. Otherwise any algorithm can be considered albeit not finished, but the product on the grounds that it somehow it does.
So, the authors of the study called “work product”) algorithm, functioning and accessible to the public, b), mannat which was launched much later than the release of version 1.0 in) company and a single developer use it to create decentralized applications, smart contracts or transactions with the digital currency.
“If you are faced with people cynically referring to as the blockchain industry, with people who believe that everything is a Scam, you probably don’t take too long doing cryptography,” writes John Bardinelli in the study “the Cryptocurrency of the top 100 with a working product” — the Truth is, these cynics are right.”
Bardinelli says that his team studied 100 most valuable cryptocurrency projects, trying to find out what provided their cost. From hundreds of projects, only 36 meet the above requirements. For example, in the list of missed Dash: “We decided not to include in the list of projects that are actually not interested in a large number of users. Most newly launched networks do not yet meet our criteria. For example, a “platform to create a dapp”, which has a working network, but there are no ready-made applications, is not considered “work product”.
The rating is criticize worth. “LOL — says PertReader1. — You have included in the list PIVX, which is a fork of Dash, but Dash ignored? You say that PIVX “running” in 2016. Yes this is pure jaundice”.
John Bardinelli replied “We have removed the Dash from the list because of the Dash Evolution. DE greatly changes the focus of the project” and got one comment: “What the fuck? Evolution is just another major upgrade. Our goals have not changed over the years. Have Dash have a fully working project much more promising than the others.”