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Criteria for evaluating cryptocurrencies: #

• *Security over scalability.* A more secure, less scalable currency is more valuable than a less secure, more scalable currency.
• Decentralization over centralization.
• Proof of work over proof of stake
  • https://www.truthcoin.info/blog/pow-cheapest/
  • https://github.com/zack-bitcoin/amoveo/blob/master/docs/other%5Fblockchains/proof%5Fof%5Fstake.md
  • https://github.com/zack-bitcoin/amoveo/blob/master/docs/other%5Fblockchains/pow%5Fpos%5Fhybrid.md

Tier 1 PoW blockchains #

• Bitcoin – *Store of Value,* Digital ‘gold’.  Proof of Work through ASIC miners
• Snowblossom – A 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,
• Amoveo – Financial Derivatives, Prediction Markets, Futarchy Governance, Proof of work through ASIC miners
• * Read More*

Tier 2 PoW Blockchains #

• Ethereum – POW. ICO Platfrom, Non Fungible Token Platform, Smart Contract/Dapp platform

  • https://github.com/zack-bitcoin/amoveo/blob/master/docs/other%5Fblockchains/ethereum%5Fcasper%5Fffg.md
  • Ethereum’s Demise as a Cryptocurrency is Foreseeable 
  • https://web.archive.org/web/20181229195047/https:/twitter.com/TuurDemeester/status/1078682801954799617

• Zcash – POW, Privacy Coin , Fork of Bitcoin

• Monero – POW, Cryptonote/RingCT Privacy Coin, Fork of Bytecoin

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

  • https://github.com/zack-bitcoin/amoveo/blob/master/docs/other%5Fblockchains/decred.md

• 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 #

• NYZO –  Medium of exchange Currency; Proof of Diversity

  • https://github.com/zack-bitcoin/amoveo/blob/master/docs/other%5Fblockchains/nyzo.md

• Avalanche – leaderless, metastable, and PoW-free BFT protocols

  • https://github.com/zack-bitcoin/amoveo/blob/master/docs/other%5Fblockchains/avalanche.md
  • https://github.com/zack-bitcoin/amoveo/blob/master/docs/other%5Fblockchains/Emin%5FGun%5FSirer.md

• Algorand – Pure proof of stake blockchain platform

  • https://github.com/zack-bitcoin/amoveo/blob/master/docs/other%5Fblockchains/algorand.md

• Byteball – Directed Acyclic Graphs (DAGs), payment currency

• Hashgraph – Directed Acyclic Graphs (DAGs), Smart Contract/Dapp platform

• Radix – non-blockchain cryptocurrency

• Nano – Block Lattice, payment currency, instant, zero-fee, scalable

• DFINITY – Proof of stake, decentralized cloud platform

• Cardano – Proof of stake, Smart Contract/Dapp platform

  • https://github.com/zack-bitcoin/amoveo/blob/master/docs/other_blockchains/ouroboros.md 
  • zerononcense –  $ADA Cardano Review

• zilliqa – Dapp platform

  • sharding in Amoveo vs sharding in Zilliqa

• Skycoin – non-PoW, permissioned dapp platform, utility coin for decentralized internet

• Cosmos – Proof of stake, Blockchain for interoperability

  • https://github.com/zack-bitcoin/amoveo/blob/master/docs/other%5Fblockchains/cosmos.md

• BNB –  Utility:  Users are incentivized to hold BNB to get trading fee discounts, IEO privileges, referral bonus benefits from binance. BNB is probably one of the most widely used ‘utility coin’.

  • Opinions:
    • 2019-7-12   https://archive.is/exS2g

• Stellar – FBA(Federated Byzantine Agreement), payment network, cross-border payments

• BurstCoin – Proof of space of storage

• Ardor – POS, Dapp platform

• ARK – DPOS,

• MaidSafe – autonomous and decentralised data network

• NEM – Proof of Importance

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 #

• Types of coins or tokens that are more likely to be put into tier 6:

  • very centralized
  • **not transparent **
  • have completely flawed/w orthless/obsolete design
  • mislead investors in order to make profit

• TRON – DPOS, Smart Contract/Dapp platform, Etnereum clone

  • Tron Plagiarism: Are Investors Prepared For Lawsuits?
  • zerononcense –  $TRX Tron Full Review (January 5th, 2018)
  • https://web.archive.org/web/20180324014323/https:/twitter.com/JaneLytv/status/977320655883587584

• Ripple – cross-border payments (centralized coin)

  • https://archive.fo/QhxJ7
  • https://archive.fo/vfKru
  • https://archive.is/RjRcX
  • https://archive.is/GyKyz
  • https://archive.is/hPUpx
  • zerononcense – Ripple Review: An ACTUAL Critical Analysis of the Company and its Token, $XRP
  • zerononcense –  Ripple Why Ripple Isn’t a Good Long-Term Investment

• IOTA – Directed Acyclic Graphs (DAGs), (centralized coin)

  • https://github.com/zack-bitcoin/amoveo/blob/master/docs/other%5Fblockchains/iota.md

  • MIT Researchers found a critical vulnerability in the  /curl/ hash function that IOTA created.

  • Erinn Atwater: https://archive.is/Puuuh

  • *Sarah Jamie Lewis*  https://archive.is/29NXP

    • https://twitter.com/sarahjamielewis/status/1015608526553604098
    • https://twitter.com/SarahJamieLewis/status/1012918320931090432
    • https://twitter.com/SarahJamieLewis/status/1010731016456003584

  • Nic Carter https://archive.is/lNemG

• EOS-DPOS(delegated  proof of  stake)  Smart Contract/Dapp platform

  • EOS Huobi Collusion Rumors Spread More Controversy
  • https://twitter.com/panekkkk/status/1001627755736322048 https://archive.is/UoNDv

• $NEO

  • zerononcense –  $NEO: The Great Heist (An Analytical Research Case Study) Pt. 1
  • zerononcense –  $NEO Serious Issues With $NEO: It Does NOT Work!

• OmiseGO $OMG

  • zerononcense – OmiseGO is One of the Most Audacious Attempts at Centralization I’ve Ever Seen (Op-Ed)
  • zerononcense – Empirical Evidence That Omise OmiseGO Have Created Fake Executives in Their Company’s Structure

• Polkadot – Blockchain for interoperability

• Rchain – Proof of stake, Dapp platform

  • https://archive.is/86jwU

• Cloakcoin – Proof of stake Privacy Coin. Onion routing for anonymity

• Dash – Privacy Coin, Pivx – Dash Fork

• Verge $XVG  – Privacy Coin. Onion routing for anonymity

  • zerononcense –  Verge is One of the Most Unsafe, Risky Investments in All of Crypto
  • zerononcense – The Verge Blockchain Has Been Compromised and the Developers Have No Clue What to Do About It

• DPOS Coins:  EOS, STEEM, Bitshares

• Shift DPOS Coin, Utility Coin for Decentralized Web

• Augur – Token on Ethereum, Prediction markets.

  • Review: “Augur died in May 2019, but it will take a while for the investors to realize what happened.”

• Aeternity $AE  – Ethereum Clone. Aeternity Telegram: https://t.me/aeternity

  • Review:  “AE software is a non-compatible rewrite of Ethereum into Erlang. “
  • $AE https://github.com/zack-bitcoin/amoveo/blob/master/docs/why_I_left.md
  • $AE $VEO Why I stopped working on Aeternity, why Amoveo is born.

• Chainlink

  • “level 4.2 oracle systems like chainlink are more expensive and less secure than level 3.2 oracles like @AugurProject and @BitcoinHivemind . Which are less secure and more expensive than level 2.2 oracles like Amoveo.”

• MakerDAO – stablecoin on ethereum

  • “Game theoretically speaking, this is a 4.2 level security mechanism, so it is inevitable that an attack will occur.”

• QuarkChain – Dapp platform

• Deepbrain Chain $DBC

  • Debunking Deepbrain Chain

Tier 7 Useless Coin/Token #

• For all other digital assets:

  • 1 Is it designed to be a  trust-free or decentralized currency?
  • 2 Will I use their coin myself if it becomes successful?

• If the answer is no for both questions, then they are tier 7 assets. Most utility tokens ( Futility Tokens), enterprise blockchain coins, bank coins are in this category.

• Examples:

  • Ripple

  • Chainlink

  • Quant Network

  • Power Ledger

    • “Power Ledger  Review (Spoiler: Thumbs Down)”

  • Quantstamp $QSP, Bancor $BNT

    • “Neither $QSP or $BNT Should Be Trusted As Reliable Platforms in Crypto”

  • TenX $PAY

    • https://archive.is/8ZHuC
    • New Video Appears to Link TenX President to Lyoness Pyramid Scheme By David Z. Morris

  • And majority of the tokens (Subcurrencies) below:

    • All tokens – Coinpaprika
    • All tokens – Coinmarketcap
    • https://archive.is/Y3G9N

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

• Some Examples:
  • Useless Ethereum Token
  • 0x – ERC20 Token exchange protocol
  • blocktix

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

• Examples:
  • zerononcense – TrueChain  The Archetypal Chinese Crypto Scam 
  • Ziber — The First Blockchain mobile operator.
  • YuTü.Co.iYuTü.Co.in: First Crypto-commodity 💱 Catering to YouTube
  • MAO Coin
  • BITCOIN PUSSY
  • Find more here:  https://ico-class-action.org/

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

Related Posts:

2018.7.5  Chinese Bitcoin Superrich Li Xiaolai’s Foul Words Roil Crypto World

2018.7.6  Air Coin, Funds, Li Xiaolai’s leaked recording reveals coin circle ‘underpants’

Adversaries, Distributed Ledgers & Decentralization