Thanks, very useful advice. But I am sure that you need to choose the project you really trust. But do not forget about the risks.
It's not the list of the coins I really trust. It's a list of coins that are compliant to the criteria established in the beginning of this thread. 
Topic: Full list of truly decentralized altcoins. - page 4. (Read 1769 times)
Thanks, very useful advice. But I am sure that you need to choose the project you really trust. But do not forget about the risks.
I think if the coin is actively traded on a Dex that means that its community is enough mature to understand the importance.
That's true, but I think decentralized trading via atomic swaps is still a very small niche. So I doubt that many members of a crypto's community are really aware of that. Maybe you could divide your list into two tiers of decentralized currencies: Tier 1: Mature decentralization (with DEX trading)
Tier 2: Basic decentralization (without DEX, but fulfilling all other requirements).
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I thought I did a very deep research on Bitshares, but the information about them is very difficult to retrieve. I'll research on this possible "late premine" if you can give me some link to read about I'd be happy.
I have searched a little bit and I think what I was remembering was this:
A few delegates are "paid delegates", who are people such as developers working for bitshares. They are also elected by shareholders. For example, Toast (Nikolai) was the first person to be elected as a paid delegate.
Paid delegates get 50 BTS instead of 1.5 when they create a block. However, they are performing valuable services for bitshares such as working as a developer. (If they werent, shareholders would not vote them into a paid position)
While this is technically not a "premine", it is an additional supply dilution added to the Protoshares-based supply. The proposal wasn't imposed by the developers in a strict sense, as the DPoS delegates had to vote to implement it, but the Bitshares devs had a big DPoS voting power, so they essentially could impose most of their proposals. It's the same problem in nearly all DPoS currencies: they tend to have a strong power concentration even if they're "formally" decentralized, thus I have problems to regard them really as "decentralized".Paid delegates get 50 BTS instead of 1.5 when they create a block. However, they are performing valuable services for bitshares such as working as a developer. (If they werent, shareholders would not vote them into a paid position)
Nevertheless, I regard Bitshares as a very interesting project and it's much more decentralized than coins like Ripple or ICO-based coins like Iota. But I would consider it more centralized than, for example, LTC or even Dash.
Thanks for that effort! I created a similar list but with less strict criteria last year, but as there was no feedback, I didn't continue my research.
Unbelievable! Your list is very similar to this one! Who knows why there was not so much interest at that time. Maybe people are becoming more aware about the issues with centralized coins.In my opinion the swap/DEX criterion isn't that important to consider a coin "decentralized", because on open-source atomic-swap exchanges every coin supporting CLTV and CSV can be added without problems.
I think if the coin is actively traded on a Dex that means that its community is enough mature to understand the importance.Interesting observation about BitShares. While I knew that the distribution was based originally on Protoshares, I was sure that they had an algo change somewhen where a kind of "late premine" diluted the original supply. I am not sure however, but there was a controversial discussion in the community.
I thought I did a very deep research on Bitshares, but the information about them is very difficult to retrieve. I'll research on this possible "late premine" if you can give me some link to read about I'd be happy.Slimcoin by the way at this moment isn't traded at any DEX I know of, but thanks to the addition of CLTV in the last update an update of an existing atomic-swap DEX would be trivial.
It looks like it's not that easy to trade on a true DEX as it requires a lot of resources of computer and is not that comfortable. The moment Slimcoin will be traded on a true DEX I'll put it in my main list, which at the moment is empty as you can see.I would add the two "oldies" Namecoin and Peercoin to the list. Peercoin could be controversial; for a long time it had a centralized checkpoint syncing service, but since version 0.6 this service - which continues to exist - isn't part of the consensus so every user can choose to follow it or not. Development model is decentralized in both coins and neither had insta- or premine.
Yes NMC and PPC are on my list and I'll analyze them in the next days in order to decide whether they are truly in or out.Thank you very much for your precious contribution!
Thanks for that effort! I created a similar list but with less strict criteria last year, but as there was no feedback, I didn't continue my research.
In my opinion the swap/DEX criterion isn't that important to consider a coin "decentralized", because on open-source atomic-swap exchanges every coin supporting CLTV and CSV can be added without problems.
Interesting observation about BitShares. While I knew that the distribution was based originally on Protoshares, I was sure that they had an algo change somewhen where a kind of "late premine" diluted the original supply. I am not sure however, but there was a controversial discussion in the community.
Slimcoin by the way at this moment isn't traded at any DEX I know of, but thanks to the addition of CLTV in the last update an update of an existing atomic-swap DEX would be trivial.
I would add the two "oldies" Namecoin and Peercoin to the list. Peercoin could be controversial; for a long time it had a centralized checkpoint syncing service, but since version 0.6 this service - which continues to exist - isn't part of the consensus so every user can choose to follow it or not. Development model is decentralized in both coins and neither had insta- or premine.
In my opinion the swap/DEX criterion isn't that important to consider a coin "decentralized", because on open-source atomic-swap exchanges every coin supporting CLTV and CSV can be added without problems.
Interesting observation about BitShares. While I knew that the distribution was based originally on Protoshares, I was sure that they had an algo change somewhen where a kind of "late premine" diluted the original supply. I am not sure however, but there was a controversial discussion in the community.
Slimcoin by the way at this moment isn't traded at any DEX I know of, but thanks to the addition of CLTV in the last update an update of an existing atomic-swap DEX would be trivial.
I would add the two "oldies" Namecoin and Peercoin to the list. Peercoin could be controversial; for a long time it had a centralized checkpoint syncing service, but since version 0.6 this service - which continues to exist - isn't part of the consensus so every user can choose to follow it or not. Development model is decentralized in both coins and neither had insta- or premine.
Great to see Slimcoin being (deservedly) added to such list.
I don't understand when the term DECENTRALIZED COIN is used. I don't believe there is a decentralized coin as long as there is a dev who upgrades of the network. I only understand that there are privacy coins but decentralized is what I don't believe. No coin is open sourced and managed by a third party aside the developer.
I feel like Monero, Raven, Slimcoin are examples of decentralized model of development. Of course it can be even more decentralized. Just consider the Linux model.
I don't understand when the term DECENTRALIZED COIN is used. I don't believe there is a decentralized coin as long as there is a dev who upgrades of the network. I only understand that there are privacy coins but decentralized is what I don't believe. No coin is open sourced and managed by a third party aside the developer.
Indeed, there are now many coins that are decentralized, but we must be selective in choosing these coins.
Agreed 100% The goal of this research is to provide the full list so everybody can make its own selection quickly.
Not all decentralized coins bring good benefits so we must be able to distinguish truly useful coins and coins that are limited to shit coins only.
I'm working on criteria. If we feel we'd need to add criteria to define a "shitcoin" I'm open to discuss the idea.
However I'm of course not taking into consideration dead coins here.
Grin? or TurtleCoin hyped by McTurtle ? 
TurtleCoin was on my list, I'll have a look into it in the next couple of days. Grin is already added.And why you need such altcoin when Bitcoin fulfill all your requirements and it is a certainty that he will not die?
I'm not speaking about BTC here, because BTC is BTC, but everybody would like to know "which one is the next bitcoin" 
Disclaimer: This list is for my personal use only and not intended as investment suggestion. Do your own exhaustive research. By reading this post you accept to take your full responsibility for any decision you can make.
I'd like to create a list of truly decentralized altcoins.
My criteria are:
- open source code
- no ICO
- no presale
- no premine since the beginning
- no instamine
- not a token
- decentralized organizational structure
- no "owner" or individual/group/company holding the majority of the stock
- a non moderated announcement on the platform not controlled by the coin owners/community/devs
- no roll-backs or patches to recover coins,
- no connection issues soon after launch
- no last minute ANN
- traded on a trustless crosschain exchange
Please mention a currency that in your opinion fits into above criteria.
If you don't agree with criteria we can discuss them here as well and your opinion is welcome.
The result of this research:
- seems like at the moment there is no currency fitting into above criteria. Once BarterDex will release their v2 DEX we'll have new candidates to evaluate.
Here is the list of the coins that are compliant to all the above criteria except the last one:
- Monero (traded on Bisq)
- Ravencoin (tradable on BlockDx, traded on Crypto-bridge)
- Dogecoin (tradable on BlockDx, traded on Crypto-bridge)
- Terracoin (tradable on BlockDx)
- Grin (tradable on Bisq)
- Bitshares (traded on its own "DEXes")
- Aeon (potentially tradable on Bisq)
- Slimcoin
I'd like to create a list of truly decentralized altcoins.
My criteria are:
- open source code
- no ICO
- no presale
- no premine since the beginning
- no instamine
- not a token
- decentralized organizational structure
- no "owner" or individual/group/company holding the majority of the stock
- a non moderated announcement on the platform not controlled by the coin owners/community/devs
- no roll-backs or patches to recover coins,
- no connection issues soon after launch
- no last minute ANN
- traded on a trustless crosschain exchange
Please mention a currency that in your opinion fits into above criteria.
If you don't agree with criteria we can discuss them here as well and your opinion is welcome.
The result of this research:
- seems like at the moment there is no currency fitting into above criteria. Once BarterDex will release their v2 DEX we'll have new candidates to evaluate.
Here is the list of the coins that are compliant to all the above criteria except the last one:
- Monero (traded on Bisq)
- Ravencoin (tradable on BlockDx, traded on Crypto-bridge)
- Dogecoin (tradable on BlockDx, traded on Crypto-bridge)
- Terracoin (tradable on BlockDx)
- Grin (tradable on Bisq)
- Bitshares (traded on its own "DEXes")
- Aeon (potentially tradable on Bisq)
- Slimcoin
The posts you provide are useful and can be one of the considerations. But I recommend that you make an analysis according to what you believe yourself. Self-analysis will certainly bring satisfaction because we know which is best for us and which is not good for us. Indeed, there are now many coins that are decentralized, but we must be selective in choosing these coins. Not all decentralized coins bring good benefits so we must be able to distinguish truly useful coins and coins that are limited to shit coins only. We have to be smarter in becoming crypto currency players so that we can take advantage of opportunities right.
Grin? or TurtleCoin hyped by McTurtle ?
And why you need such altcoin when Bitcoin fulfill all your requirements and it is a certainty that he will not die?
And why you need such altcoin when Bitcoin fulfill all your requirements and it is a certainty that he will not die?
I think Slimcoin meets our criteria.
Recently Tron Sacked CTO was sacked and he claimed that Tron Blockchain is no longer decentralized and it made me wonder, what does the uninformed cryptocurrency populace care. decentralized or nondecentralized, how does it affect trading
This is not specifically a trading thread. However while trading more or less centralized coins one accepts some additional layers of risk. 
Recently Tron Sacked CTO was sacked and he claimed that Tron Blockchain is no longer decentralized and it made me wonder, what does the uninformed cryptocurrency populace care. decentralized or nondecentralized, how does it affect trading
Guys I'm looking into Aeon coin. Do you think preannouncement 6 hours before launch is to be considered fair?
I don't not understand why people don't consider projects funded through ICO as decentralized enough... there are reallly nice cryptocurrencies that were funded through ICO.
The issuer of ICO should be usually a centralized organization/team. Don't really know whether it's possible to create an ICO by a decentralized group of people.It's is interesting that Dan Larimer's Bitshare made it o your list.
This research is challenging my previous ideas as well. The original distribution of Bitshare was done through Protoshares as I know. Protoshares wasn't premined and as they did a coding error the mining period was much shorter than it was supposed to, so Dan Larimer specifically was not able to mine what he was going to and was forced to buy. All this is perfectly within our criteria. Additionally I'm seeing a not well coordinated communication, broken links on their ANN, no "customer support" which make me think that their structure is rather decentralized than not. The same conclusion have come to the management of coinpaprika.Additionally I'm seeing that the Larimers are launching BEOS these days and they don't have all the support of Bitshares community that they would have if they were a kind of "dictators" or "owners".
Maybe I'm missing something if so please let me know.
I don't not understand why people don't consider projects funded through ICO as decentralized enough... there are reallly nice cryptocurrencies that were funded through ICO.
Bad ICO publicity is probably why we don't have good projects thesedays and good developers are shying away from ico due to this. Their only alternatives are the slow way of developing projects or getting funded by few wealthy investors who may or may not be crypto enthusiasts.
It's is interesting that Dan Larimer's Bitshare made it o your list.
Bad ICO publicity is probably why we don't have good projects thesedays and good developers are shying away from ico due to this. Their only alternatives are the slow way of developing projects or getting funded by few wealthy investors who may or may not be crypto enthusiasts.
It's is interesting that Dan Larimer's Bitshare made it o your list.
This is a good list and the issue we are all facing is that most alts are not decentralized as you wish so we just have to take them as they are. What it takes a coin these days to be outstanding is its price. If everything is decentralized and price is too low, no one will consider your project worth investing.
The investment strategies and parameters may vary. However I'm not suggesting any investment here, it's just a research I'm doing for myself hoping someone can give me a good hint.
This is a good list and the issue we are all facing is that most alts are not decentralized as you wish so we just have to take them as they are. What it takes a coin these days to be outstanding is its price. If everything is decentralized and price is too low, no one will consider your project worth investing.
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