Cryptocurrency Rating

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Criteria for evaluating cryptocurrencies: #

Tier 1 PoW blockchains #

  • Bitcoin – *Store of Value,* Digital ‘gold’.  Proof of Work through ASIC miners
  • SnowblossomA backup plan for Bitcoin, prepared for quantum computers,  payment currency, Proof of Work through Large RAMs & SSDs, Snowblossom Content Channels (In development), Bitcoin’s economic model,
  • AmoveoFinancial Derivatives, Prediction Markets, Futarchy Governance, Proof of work through ASIC miners
  • * Read More*

Tier 2 PoW Blockchains #

Tier 3 Other PoW blockchains #

  • Komodo – DPOW, Privacy Coin, Dapp platform, Zcash fork

  • Beam – POW, Mimblewimble Privacy Coin

  • Grin – POW, Mimblewimble Privacy Coin 

  • Bismuth – POW. Dapp Platform built from scratch with python

  • Decred – POW+POS, Bitcoin Clone + On-chain Voting Governance

  • Pascalcoin – POW, Payment Currency with Safebox, ‘Deletable blockchain’

  • Mochimo – POW, payment currency, claimed to be quantum resistant ( ‘Patented’, Closed source, big premine, thus currently it’s very centralized)

  • Nimiq – proof of work payment currency written in Javascript

Tier 4 Non-PoW Blockchain #

Tier 5 Utility Coin

  • Placeholders – Proof of work,  utility coin for decentralized VPS
  • Siacoin – Proof of work, decentralized cloud storage platform

Tier 6 Probably should not exist #

Tier 7 Useless Coin/Token #

** 7.1  Intention or technology might be good, but should they really have a token?**

7.2  Long Scams, Not so obvious scams:

  1. Most centralized useless tokens
  2. Some enterprise blockchain coins or bank coins

7.3  Quick Scams /Obvious Scams

8  List of projects that raised more money than is necessary  or have huge premine

Developers should be well paid, but the following project raised outrageous amounts:

  • EOS – Dapp platform
  • Tezos – Dapp platform with On-Chain Governance

9 Stablecoin

$USDC  https://archive.is/PWHEO

Summaries of different cryptocurrencies #

Digestible summaries for some coins: https://twitter.com/Dmitriysz/status/972538280062447617

100 cryptocurrencies described in four words or less

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