Topic: Crypto Review - Cryptocurrency Analysis - page 3. (Read 21511 times)

quark implemented random hashing as well as the first, any other cryptos with random hashing?

Thanks for the feedback.

I think the reason for that was when I started this thread it was investment advice at first. I then decided that I didn't really want to put myself out there like that and perhaps promote a scam or coin that may fail. I decided that this would just be a list of innovative coins for developers researching what has been done before and how they did it. I think still it is a good starting point for ALT coin investing though, as I think it will take an innovative coin to compete with the big boys.

Even the small innovations have their place I think. Small innovations can be combined with other innovations to create something great. If you see the link in my signature about a fairly released PoS coin.. this is what I mean.. I basically combined several innovations from different cryptos to create something that in my opinion would be the most fair PoS crypto release to date.

That being said.. I will try to trim the list a little bit. There are some projects (like eMunie) that are dead and those could definitely go. The problem is some coins are trying to do the same or similar things, but they are still new concepts and not fully developed yet. It is hard to tell which ones I should list and which ones I should not, so I have been listing them all... IE. I have no idea out of the 3-4 decentralized data storage projects will be the most easy to use/have the most utility/be the most successful/etc.

The same could be said for all the "ASIC resistant", PoS variations, anonymous transaction coins, PoW coins to solve wasted processing power, etcetra.

Any suggestions as to that?

Thanks for suggesting those cryptos, I'll take a look.

I love the incentive here but I think that CoinHoarder needs to stricken up his selection process. Seems a bit crowded and too many small 'innovations' here. I first came here because the coins were truly unique AND innovative and seemed as though they could serve a real purpose.

One I have been following for about 7 months, is Skycoin. It is written from scratch, addresses every problem bitcoin has, in detail. Introduces sidechains (for applications), has a scripting language and a new Obliesk proof of stake 'forging' algorithm. It also aims to construct a global meshnet/darknet by allowing people to share their resources for these coins.
https://bitcointalksearch.org/topic/sky-skycoin-launch-announcement-380441

Another one that looks interesting, but time will tell, is nTx. It's a NXT clone but working on a concept call 'recasting', where all old blocks and their coins/assets etc are deleted after a certain amount of transactions. The coins can be kept if they are acknowledged and aliases are kept if a very small fee is paid. The whitepaper was poorly written and the code is still being worked on so that's all I could gather, but definitely innovate. Looks to solve the blockchain 'bloat' problem, which I think could be huge in, lets say 10 years, if micro transactions become huge.
https://bitcointalksearch.org/topic/annntxfirst-anon-coin-based-nxtbig-bounties-trading-on-bter-now-625668

I think the selection process should be based on quality not quantity. It's your thread though and it's great so far, so keep it up!

A few more interesting projects:

- Permacoin (PoW alternative- attempts to fix the waste of processing power in current PoW algorithms- distributed storage of archival data)
- Solarcoin (innovative distribution- 1 SolarCoin represents one MWh of solar energy generated. SolarCoin rewards solar electricity generators both large and small.)
- DNA.Bits (PoW alternative- attempts to fix the waste of processing power in current PoW algorithms- enables encoding and modeling medical and genetics data on digital wallets systems.)
- Syscoin (merge mined Scrypt coin- decentralized market place, data storage, asset exchange (stocks, bonds, etcetra)

Added the following on the coins to add list:

- Credits (decentralized crypto currency exchange)
- Cloak (decentralized crypto currency exchange)

I'd like to reiterate that this is not investment advice. I personally would not invest in probably 70%-90%+ of the coins on this list, I am not going to state which ones in an attempt to stay unbiased. This is meant as a resource for developers.

All developers should take notes from this guy. Community feedback is essential to a crypto currency's success.

Also... he's doing it all without an IPO.

https://bitcointalksearch.org/topic/bitmark-660544

There isn't really a working solution yet apart from MGW, so I guess I'd still consider it innovative.. but it is losing its edge. I think there are already enough projects focused on p2p data storage, and I hope new coins focus on other areas that are lacking.

There are testers trying to break the soon to be released MGW, as i write. They welcome more testers, if anyone is interested.

I see what you mean re no longer innovative. I guess the innovation will be the subtle ways their own code works and gets implemented. 

Thanks. I love the idea of Gateways making it easier to pay with alt coins.

Also, there are so many coins coming out that are focused on data storage that I need to comb through them and pick out the best of the best. It is getting to the point where that is no longer innovative IMO. If you see the list to be added, a large part of them have to do with decentralized data storage.

Sianote....https://bitcointalksearch.org/topic/m.6486684

MGW.... https://nxtforum.org/nxtservices-releases/how-to-test-multigateway-with-nxtservices-a-test-user-guide/msg30994/#msg30994

I added the following to the "coins to add" list:

- Bitcloud (Bitcloud is an open source distributed database and escrow agent that allows people to share data and create distributed applications.)
- Storj (decentralized data storage)
- MetaDisk (Metadisk is the first storage focused blockchain-distributed web application, which means that there is no central authority or entity that controls your data. Metadisk runs on top of the Storj prototype platform, which allows users to sell their hard drive space for coins.)
- Darkcoin (a little late adding this one... it is one of the first "coin join" implementations via Dark Send)
-

No problem

Maintaining this list helps me keep track of what's going on in the crypto world. It is moving so fast, it's hard to keep up.

amazing list
glad i stumbled upon it today
thank you for mentioning swarm and api coin

you could start a wiki!

Ah yes, I have read a bit about CryptoNote technology.. admittedly it is hard to keep up. So probably should add Bytecoin, the originator and are there other implementations that are a vast improvement on it? Cryptonote.org

CryptoNote coins?

Looks neat. I like the idea. 

please look into myriadcoin .

I'm running 3 months behind on this thread. I thought I'd just update the list of coins I plan to add. I also changed the name of the thread to include Decentralized Apps/Companies/Funds, as we are seeing a lot more of these lately. It is very exciting.. this is only the beginning. I hope you guys are ready to decentralize everything known to man!

If anyone wants to help me update some of these additions to the list, it would be much appreciated. Even more so if you did it in the same format as the OP, as I could just quote you and copy and paste (I am trying to keep the list organized.) Feel free to submit coins that you think should be on the list, as I know there are other projects that are pretty cool too. Anyways.. If not, I am pretty sure I will likely add the following as soon as I can get to it:

Cryptocoins To Be Added At A Later Date:
- Quarkcoin (The first to implement a short rounds of multiple hashing functions as the proof of work)
- Ethereum (Ethereum is a platform and a programming language that makes it possible for any developer to build and publish next-generation decentralized applications- 2nd turing complete cryptocoin.)
- Megacoin (Kimotos Gravity Well)
- Devcoin (Use of receiver files, and first crypto made to support open source programmers and writers)
- Freicoin (introduced demurrage)
- Gridcoin (and maybe Curecoin) rewards you for BOINC processing.
- Maidsafe (decentralized data storage)
- Swarm (crowdfunding & asset issuance)
- Bitshares & Bitshares AGS (crowdfunding & asset issuance)
- OpenBazaar (decentralized marketplaces)
- LBTCoin (Let's Talk Bitcoin- first news/radio coin, they only will take LBTCoin for sponsorships and advertising, which is how it derives its value in the open market.)
- APICoin (decentralized APIs)
- Permacredits (The Local Currency for the Global Permaculture Movement)
- Qixcoin (first turing complete coin & decentralized game engine IE.. poker, gambling, games, etc.)
- Bitfrog (decentralized gaming IE. poker, gambling, gambling, games)
- BitNPlay (decentralized poker)
- MyriadCoin (first coin to integrate mining of multiple hashing functions simultaneously)
- Bytecoin (Originator of Cryptonote technology)
- Monero (cryptonote coin focused on privacy and anonymity)
-

Informative thread, following.

Any new coins I should be on the lookout for?