In my humble opinion there will always be room in the cryptocurrency eco-system for altcoins with features complimentary to bitcoin. We must improve the image and adoption rate of cryptocurrencies by new users and investors. This is why I created a document called
The Chronicle. The Chronicle is a list outlining important details pertaining to each cryptocurrency. It is my hope that it will help us visualize a path for the success of the entire cryptocurrency eco-system, to root out scamcoins, to identify problems, and inspire innovation.
Listings include: currency signs/symbols, release date, creators, developers, official logos, link, approx. trading volume, approx. capitalization, a short paragraph definition, and notes.
The document also includes ratings from 1 to 10 for ADOPTION, POPULARITY, SECURITY, EASE OF USE, INNOVATION, DEVELOPMENT, MARKETING, and PUBLIC IMAGE
The coins will be listed in order of relevance. Here is the first draft:
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THE CHRONICLE V.1 [BETA]
#1 BITCOIN
BTC or BTC
Released 2009/01
Creator Satoshi Nakamoto
Developers
http://bitcoin.orgLink
http://weusecoins.orgBitcoin (BTC) is a decentralized digital currency based on an open-source, peer-to-peer internet protocol. Internationally, bitcoins can be exchanged by personal computer directly through a wallet file or a website without an intermediate financial institution. Bitcoin does not operate like typical currencies: It has no central bank and it solely relies on an internet-based peer-to-peer network.
Approx. daily trading volume -
Approx. capitalization - $512 million
ADOPTION - 7
POPULARITY - 9
SECURITY - 9
EASE OF USE - 7
INNOVATIVENESS - 10
DEVELOPMENT - 8
MARKETING - 7
PUBLIC IMAGE - 9
NOTES: Bitcoin is awesome.
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#2 Litecoin
Released 2011
Creator - Coblee
Developers -
Link
http://litecoin.org/Litecoin is a cryptocurrency based on the Bitcoin protocol. It differs from its parent Bitcoin in that can be efficiently mined with consumer-grade hardware. Other changes in the source code allow LTC transactions to begin authenticating more rapidly than BTC transactions.
ADOPTION - 5
POPULARITY - 5
SECURITY - 7
EASE OF USE - 6
INNOVATIVENESS - 3
DEVELOPMENT - 5
MARKETING - 6
PUBLIC IMAGE - 7
NOTES: Commonly referred to as "the silver to bitcoin gold". Bitcoin purists claim it is pointless repetition. Litecoin borrowed the idea of using scrypt for block mining from Tenebrix (TBX)
#3 Namecoin, NMC, Released 2011, Created by vinced
#4 Ripple, XRP, Released 2013/01, Creators jed/OpenCoin
#5 Devcoin, DVC, Released 2011/08, Created by Unthinkingbit
#6 Ixcoin, IXC, Released 2011/08, Created by Nasakioto
#7 PPCoin, PPC, Released 2012/08, Created by Sunny King
#8 Terracoin, TRC, Released 2012/10
#9 novacoin, NVC, Released 2013/02, Created by Balthazar
# freicoin, Released 2012/12, Created by maaku and jtimon
# timeKoin, Release 2012/06
This coin has no limit on coins and uses low level hardware for mining and uses speed of coin discovery to limit difficulty.
#geist geld, Released 2011/09, Created by Lolcust
# tenebrix, Released 2011/09, Created by Lolcust
# fairbrix, Released 2011/10, Created by coblee
# liquidcoin, Released 2012/01, Created by Nicksasa
# bbqcoin, Released 2012/07, Creator Cubox
# qubic, Released 2012/09, Creator Come-from-Beyond
# novacoin, Released 2013/02, Creator Balthazar
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Contributors:
Nameface, Sunny King, nwbitcoin
Benefactors:
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Please post some suggestions/drafts below! Any and all legit cryptocurrencies should be included.
Petitions to change information in The Chronicle may be made by anyone at any time via this thread. Every official change in the document will result in a new version #.
This will be an ongoing project. I'm looking for 2 partners to vote on what information and ratings are included. PM me if you're interested. I'd like to work with people who follow the crypto markets closely and/or are well-versed in the technology (because I am not).
If the projects works a voting panel may be assembled in order to maximize accuracy and legitimacy.
The Chronicle bitcoin address ->
12kLmrLFYRo1P87cxuBnD2LbKZJu4PWDhH |
Donations are appreciated and will be used to improve the project. Contributors and Donators may have their names added to the bottom of The Chronicle.