100 cryptocurrencies described in 4 words or less

100 cryptocurrencies described in 4 words or less

Whether we like it or not, but it is almost impossible to talk about blockchain without mentioning cryptocurrencies. There are two facts that often kickstart any discussion of cryptocurrencies:

  • Bitcoin is the king of all cryptocurrencies. It is by far the largest and most widely used blockchain application.
  • There are thousands of cryptocurrencies and it is almost impossible to know, distinguish and understand them all.

We have recently came across this TechCrunch blog post, which describes 100 different cryptocurrencies in four words or less. Even though it is from a couple of years ago, most of these are still relevant and true.

Name            | Sym.  | Description                              
----------------|-------|------------------------------------------
Bitcoin         | BTC   | Digital gold                             
Ethereum        | ETH   | Programmable contracts and money         
Bitcoin Cash    | BCH   | Bitcoin clone                            
Ripple          | XRP   | Enterprise payment settlement network    
Litecoin        | LTC   | Faster Bitcoin                           
Dash            | DASH  | Privacy-focused Bitcoin clone            
NEO             | NEO   | Chinese-market Ethereum                  
NEM             | XEM   | Batteries-included digital assets        
Monero          | XMR   | Private digital cash                     
Ethereum Classic| ETC   | Ethereum clone                           
IOTA            | MIOTA | Internet-of-things payments              
Qtum            | QTUM  | Ethereum contracts on Bitcoin            
OmiseGO         | OMG   | Banking, remittance, and exchange        
Zcash           | ZEC   | Private digital cash                     
BitConnect      | BCC   | Madoff-like investment fund              
Lisk            | LSK   | Decentralized applications in JavaScript 
Cardano         | ADA   | Layered currency and contracts           
Tether          | USDT  | Price = 1 USD                            
Stellar Lumens  | XLM   | Digital IOUs                             
EOS             | EOS   | Decentralized applications on WebAssembly
Hshare          | HSR   | Blockchain switchboard                   
Waves           | WAVES | Decentralized exchange and crowdfunding  
Stratis         | STRAT | Decentralized applications in C#         
Komodo          | KMD   | Decentralized ICOs                       
Ark             | ARK   | Blockchain switchboard                   
Electroneum     | ETN   | Monero clone                             
Bytecoin        | BCN   | Privacy-focused cryptocurrency           
Steem           | STEEM | Reddit with money voting                 
Ardor           | ARDR  | Blockchain for spawning blockchains      
Binance Coin    | BNB   | Pay Binance exchange fees                
Augur           | REP   | Decentralized prediction market          
Populous        | PPT   | Invoice trading futures                  
Decred          | DCR   | Bitcoin with alternative governance      
TenX            | PAY   | Cryptocurrency credit card               
MaidSafeCoin    | MAID  | Rent disk space                          
BitcoinDark     | BTCD  | Zcoin close                              
BitShares       | BTS   | Decentralized exchange                   
Golem           | GNT   | Rent other people's computers            
PIVX            | PIVX  | Inflationary Dash clone                  
Gas             | GAS   | Pay fees on Neo                          
TRON            | TRX   | In-app-purchases                         
Vertcoin        | VTC   | Bitcoin clone                            
MonaCoin        | MONA  | Japanese Dogecoin                        
Factom          | FCT   | Decentralized record keeping             
Basic Attention | BAT   | Decentralized ad network                 
SALT            | SALT  | Cryptocurrency-backed loans              
Kyber Network   | KNC   | Decentralized exchange                   
Dogecoin        | DOGE  | Serious meme bitcoin clone               
DigixDAO        | DGD   | Organisation manages tokenized gold      
Veritaseum      | VERI  | Vaporware                                
Walton          | WTC   | IoT Blockchain                           
SingularDTV     | SNGLS | Decentralized Netflix                    
Bytom           | BTM   | Physical assets as tokens                
Byteball Bytes  | GBYTE | Decentralized database and currency      
GameCredits     | GAME  | Video game currency                      
Metaverse ETP   | ETP   | Chinese Ethereum plus identity           
GXShares        | GXS   | Decentralized Chinese Equifax            
Syscoin         | SYS   | Decentralized marketplace                
Siacoin         | SC    | Rent disk space                          
Status          | SNT   | Decentralized application browser        
0x              | ZRX   | Decentralized exchange                   
Verge           | XVG   | Privacy Dogecoin                         
Lykke           | LKK   | Digital asset exchange                   
Civic           | CVC   | Identity and Authentication App          
Blocknet        | BLOCK | Decentralized exchange                   
Metal           | MTL   | Payments with rewards program            
Iconomi         | ICN   | Digital asset investment funds           
Aeternity       | AE    | Decentralized apps (prototype)           
DigiByte        | DGB   | Faster Bitcoin                           
Bancor          | BNT   | Token Index Funds                        
Ripio Credit    | RCN   | Co-signed Cryptocurrency Loans           
ATMChain        | ATM   | Advertising network                      
Gnosis          | GNO   | Decentralized prediction market          
VeChain         | VEN   | Supply chain item IDs                    
Pura            | PURA  | Cryptocurrency                           
Particl         | PART  | Privacy marketplace and chat             
KuCoin Shares   | KCS   | Profit-sharing exchange fees             
Bitquence       | BQX   | Mint for cryptocurrency investments      
FunFair         | FUN   | Decentralized casino                     
ChainLink       | LINK  | External data for contracts              
Power Ledger    | POWR  | Airbnb for electricity                   
Nxt             | NXT   | Cryptocurrency and marketplace           
Monaco          | MCO   | Cryptocurrency credit card               
Cryptonex       | CNX   | Zerocoin clone                           
MCAP            | MCAP  | Mining investment fund                   
Storj           | STORJ | Rent disk space                          
ZenCash         | ZEN   | Privacy-focused Bitcoin clone            
Nexus           | NXS   | Bitcoin clone                            
Neblio          | NEBL  | Decentralized application platform       
Zeusshield      | ZSC   | Decentralized insurance                  
Streamr DATAcoin| DATA  | Real-time data marketplace               
ZCoin           | XZC   | Private digital cash                     
NAV Coin        | NAV   | Bitcoin with private transactions        
AdEx            | ADX   | Advertising exchange                     
Open Trading    | OTN   | Decentralized exchange                   
SmartCash       | SMART | Zcoin clone with rewards                 
Bitdeal         | BDL   | Bitcoin clone                            
Loopring        | LRC   | Decentralized exchange                   
Edgeless        | EDG   | Decentralized casino                     
FairCoin        | FAIR  | Bitcoin that rewards savers

And if you are interested in what are the top 100 cryptocurrencies today, as opposite to two years ago, visit CoinMarketCap for up-to-date statistics.

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