Here is the deal:
Major fortunes, millions of dollars in some cases, have been made and lost with alt-coins. So, it might be in your interest to keep reading and then continue with your research of the alt-coins and application coins.
Bitcoin was the category creator of crypto-currency and got everyone excited with huge movements in the Bitcoin price. That is what happens when it goes from $0.05 to $1,200 in four years. Millionaires get minted!
With the initial innovation has come an explosion of 'alt-coins'. Bitcoin is considered a SHA-256 coin because it uses that algorithm for the proof of work component.
Other alt-coins use different algorithms such as scrypt, X11, X13, X15, NIST5 and 100% proof of stake. Often the developers of alt-coins are seeking to develop some new innovation that makes it more useful to market participants.
Alt-coins have traditionally been extremely volatile in price which seems to draw speculators. So far only a few of the 600+ alt-coins are included so we hope you find the resource pages useful and you may find this list of upcoming ICOs helpful as well!
BCash is a fork of Bitcoin that activated on August 1st of 2017 and offers an alternative with a 8 MB blocksize and no Segwit.
The first cryptocurrency Bitcoin is the largest, safest and most scalable value transfer Internet protocol.
BitConnect Coin is a decentralized digital currency, an open-source and peer-to-peer protocol that allows people to invest their possession in a non-government related currency and stores it and even earn from these investments.
Bytecoin is a private, decentralized cryptocurrency with open source code that allows everyone to take part in the Bytecoin network development. Privacy and security come naturally from using Bytecoin.
Dash is a next-generation digital currency based on the Bitcoin software.
Devcoin is an ethically inspired cryptocurrency created in 2011 to support open source programmers and writers worldwide.
Dogecoin was created as a joke in December 2013. It is based on the Doge internet meme. Today, it is one of the most popular altcoins.
Ethereum Classic is an open-source, peer-to-peer, computing platform based on blockchain technology and the original Ethereum code.
The Hayek is an exciting new cryptographic gold receipt issued by Anthem Vault, a leading online retailer of vaulted and insured silver and gold bullion.
Hcash is a decentralized and open-source cross platform cryptocurrency, exchange value and data cross platform easily and based on a highly secure and authenticated channel.
Litecoin is a peer-to-peer Internet currency 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.
Monero is a secure, private, untraceable currency. It is open-source and freely available to all.
Namecoin is a decentralized open source information registration and transfer system based on the Bitcoin cryptocurrency.
OmiseGO was built due to its product called Omise and it is the most common payment management framework / platform in Thailand and any part of the Southeast Asia.
Peercoin seeks to be the most secure cryptocoin at the lowest cost, by rewarding all users for strengthening the network.
PIVX is the private instant verified transactions cryptocurrency built on Bitcoin Core with DASH masternodes and proof of stake.
Reddcoin is the social currency that enriches people’s social lives and makes digital currency easy for the general public.
Ripple is an internet protocol developed by Ripple Labs to connect all the world's disparate financial systems to enable secure transfer of funds in any currency in real time.
Shadowcash was one of the first altcoins that marketed itself as being more private than Bitcoin.
Tether allows you to store, send and receive digital tokens pegged to dollars, euros, and yen person-to-person, globally, instantly, and securely for a fraction of the cost of any alternative.
Zcash is the first open, permissionless cryptocurrency that can fully protect the privacy of transactions using zero-knowledge cryptography.
ARK provides users, developers, and startups with innovative blockchain technologies. They aim to create an entire ecosystem of linked chains and a virtual spiderweb of endless use-cases that make ARK highly flexible, adaptable, and scalable. ARK is a secure platform designed for mass adoption and will deliver the services that consumers want and developers need.
Augur is a decentralised prediction market to exchange value when forecasting event outcomes based on the 'wisdom of the crowd' principle.
Cardano will likewise run decentralized applications, or dapps, administrations not controlled by any single gathering but rather work on a blockchain.
Counterparty is a protocol built on top of Bitcoin. It enables anyone to create custom tokens and decentralized financial applications using the Bitcoin network.
EOS.IO is software that introduces a blockchain architecture designed to enable vertical and horizontal scaling of decentralized applications.
Ethereum is a decentralized platform that allows developers to create decentralized applications and smart contracts.
Factom is the first usable blockchain technology to solve real-world business problems by providing an unalterable record-keeping system.
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.
IOTA is the next generation and revolutionary new public distributed ledger that utilizes a novel invention, called "Tangle", at its core. The Tangle is a new data structure based on a Directed Acyclic Graph.
The Komodo blockchain platform uses Komodos open-source cryptocurrency for doing transparent, anonymous, private, and fungible transactions.
Mastercoin is a digital currency and communications protocol built on the Bitcoin block chain. It is one of several efforts to enable complex financial functions in a cryptocurrency.
NEM uses a modular Smart Asset system enables businesses to build an incredible variety of real world application uses.
Nxt is an open source cryptocurrency and payment network launched in November 2013 by anonymous software developer BCNext.
Populous is a global invoice trading platform built on Blockchain's distributed ledger technology.
Qtum provides a Turing-complete blockchain stack, able to execute smart contracts and decentralized applications, comparable to the Ethereum blockchain.
Safecoin is the token used on the Maidsafe Network, which is a decentralized data storage network.
Steem is a blockchain database that supports community building and social interaction with cryptocurrency rewards.
Stellar is a platform that connects banks, payments systems, and people.
Stratis will act like a blockchain-as-a-service (BAAS) platform for corporations and institutions. It will help these businesses to implement blockchain technology for various use cases across industries very quickly.
In Waves you can create custom tokens of your own and launch it as your own digital currency. You can also crowd funding and decentralize exchange, as it is in line with the fiat currency like EUR/USD/CNY right in your wallet.