Algorithms and Cryptocurrency Match

Posted on 27 October, 2018 by Administratoruk

Algorithms and Cryptocurrency Match

Algorithms and cryptocurrency match

This is a list of cryptocurrencies. The number of cryptocurrencies available over the internet as of 19 August 2018[update] is over 1600 and growing.[1] A new cryptocurrency can be created at any time.[2] By market capitalization, Bitcoin is currently (April 10, 2018) the largest blockchain network, followed by Ethereum, Ripple, Bitcoin Cash, Litecoin, and EOS.[3]


Below are some notable cryptocurrencies:

Release Status Currency Symbol Founder(s) Hash algorithm Programming language of implementation Cryptocurrency blockchain
(PoS, PoW, or other)
2009 Active Bitcoin BTC,[4][5] XBT, Satoshi Nakamoto[nt 1] SHA-256d[6][7] C++[8] PoW[7][9]

The first and most widely used decentralized ledger currency,[10] with the highest market capitalization.[11]


2011 Active Litecoin LTC, Ł Charlie Lee Scrypt C++[12] PoW

The first cryptocurrency to use Scrypt as a hashing algorithm.


2011 Active Namecoin NMC Vincent Durham[13][14] SHA-256d C++[15] PoW

Also acts as an alternative, decentralized DNS.


2011 Active SwiftCoin STC Daniel Bruno SHA-256   PoW First block chain to support currency creation by interest paid on debt, and one of the first digital coins patented in the US.
2012 Active Bytecoin BCN   CryptoNote C++[16] PoW

First cryptocurrency based on the CryptoNote algorithm.


2012 Active Peercoin PPC Sunny King
SHA-256d[18] C++[19] PoW & PoS

The first cryptocurrency to use POW and POS functions.


2013 Active Dogecoin DOGE, XDG, Ð Jackson Palmer
& Billy Markus[20]
Scrypt[21] C++[22] PoW

Based on the Doge internet meme.


2013[23] Active Feathercoin FTC, Peter Bushnell, Brasenose College of Oxford University NeoScrypt C++[24] N/A

Approx. 60 seconds block time.[25] Originally forked from Litecoin.


2013[26][27] Active Gridcoin GRC Rob Hälford [28] Scrypt C++[29] Decentralized PoS

Linked to citizen science through the Berkeley Open Infrastructure for Network Computing[30][31]


2013 Active Primecoin XPM Sunny King
1CC/2CC/TWN[32] TypeScript, C++[33] PoW[32]

Uses the finding of prime chains composed of Cunningham chains and bi-twin chains for proof-of-work.


2013 Active Ripple[34][35][36] XRP[36] Chris Larsen &
Jed McCaleb[37]
ECDSA[38] C++[39] "Consensus" Designed for peer to peer debt transfer. Not based on bitcoin.
2013 Active Nxt NXT BCNext
SHA-256d[40] Java[41] PoS

Specifically designed as a flexible platform to build applications and financial services around its protocol.


2013[42] Active Skycoin SKY Brandon 'Synth' Smietana[43] SHA256 CX/CXO Obelisk[44]

Peer-to-peer Internet


2014 Active Auroracoin AUR Baldur Odinsson
Scrypt C++[46] PoW Created as an alternative currency for Iceland, intended to replace the Icelandic króna.
2014 Inactive Coinye KOI, COYE   Scrypt   PoW

Used American hip hop artist Kanye West as its mascot, abandoned after he filed a trademark lawsuit.


2014 Active Dash DASH Evan Duffield &
Kyle Hagan[47]
X11 C++[48] PoW & Proof of Service[nt 2]

A bitcoin-based currency featuring instant transactions, decentralized governance and budgeting, and private transactions.


2014 Active NEO NEO Da Hongfei & Erik Zhang SHA-256 & RIPEMD160 C#[49] dBFT

China based cryptocurrency, formerly ANT Shares and ANT Coins, the name was changed in 2017 to NEO and GAs.


2014 Active MazaCoin MZC BTC Oyate Initiative SHA-256d C++[50] PoW

The underlying software is derived from that of another cryptocurrency, ZetaCoin.


2014 Active Monero XMR Monero Core Team CryptoNight[51] C++[52] PoW

Privacy-centric coin using the CryptoNote protocol with improvements for scalability and decentralization.


2014 Active NEM XEM UtopianFuture (pseudonym) SHA3-512 Java[53] POI

The first hybrid public/private blockchain solution built from scratch, and first to use the Proof of Importance algorithm using EigenTrust++ reputation system.


2014 Active PotCoin POT Potcoin core dev team Scrypt C++[54] PoS

Developed to service the legalized cannabis industry in the United States.


2014 Active Synereo AMP AMP Dor Konforty & Greg Meredith[55] PoS Scala, Java[56] PoS

Trying to create a world computer, Synereo’s 2.0 tech stack incorporates support for decentralized computation without central servers.[57]


2014 Active Titcoin TIT Edward Mansfield & Richard Allen[58] SHA-256d TypeScript, C++[59] PoW

The first cryptocurrency to be nominated for a major adult industry award.[60]


2014 Active Verge XVG Sunerok Scrypt, x17, groestl, blake2s, and lyra2rev2 C, C++[61] PoW

Features anonymous transactions using Tor and I2P.


2014 Active Stellar XLM Jed McCaleb Stellar Consensus Protocol (SCP) [62] C, C++[63] Stellar Consensus Protocol (SCP) [62]

Open-source, decentralized global financial network.


2014 Active Vertcoin VTC Bushido Lyra2RE[64] C++[65] PoW

Next-gen ASIC resistance and first cryptocurrency to implement stealth addresses.


2015 Active Ether or "Ethereum" ETH Vitalik Buterin[66] Ethash[67] C++, Go[68] PoW

Supports Turing-complete smart contracts.


2015 Active Ethereum Classic ETC   Ethash[67]   PoW

An alternative version of Ethereum[69] whose blockchain does not include the DAO Hard-fork.[70][71] Supports Turing-complete smart contracts.


2015 Active Tether USDT Jan Ludovicus van der Velde[72] Omnicore [73]   PoW

Tether claims to be backed by USD at a 1 to 1 ratio. The company has been unable to produce promised audits.[74]


2015 Inactive Neucoin NEU Daniel Kaufman SHA-256   PoW & PoS

Based on Peercoin, attempted to improve security. Project dissolved in November 2016.


2016 Active Decred DCR   Blake-256 Go[75] PoW/PoS Hybrid

Built in governance and hybrid PoW/PoS.


2016 Active Lisk LSK Max Kordek & Oliver Beddows PoS JavaScript[76] PoS

Open blockchain platform for decentralized, and scalable blockchain applications, including custom tokens, on sidechains.[77]


2016 Active Zcash ZEC Zooko Wilcox Equihash C++[78] PoW

The first open, permissionless financial system employing zero-knowledge security.


2017 Inactive BitConnect BCC        

BitConnect was described as an open source, all-in-one bitcoin and crypto community

platform but was later described as a Ponzi scheme


2017 Active Bitcoin Cash BCH[79]   SHA-256d   PoW

Hard fork from Bitcoin, Increased Block size from 1mb to 8mb


2017 Active EOS.IO EOS Dan Larimer   WebAssembly, Rust, C, C++[80] delegated PoS

Feeless Smart contract platform for decentralized applications and decentralized autonomous corporations with a block time of 500 ms.[80]


2018 Active Cardano ADA Charles Hoskinson & IOHK   Haskell[81] Ouroboros PoS

The Ada cryptocurrency runs on the Cardano platform.


2018 Inactive KodakCoin   Kodak and WENN Digital Ethash[82]    

KodakCoin is a "photographer-centric" blockchain cryptocurrency used for payments for licensing photographs.


2018 Inactive Petro   Venezuela Government onixCoin[83] C++[84]  

Stated by Nicolás Maduro to be backed by Venezuela's reserves of oil. As of August 2018[update] it does not appear to function as a currency.[85]


2018 Active Bitcoin Private BTCP   Equihash C++[86] PoW

Coin uses zkSNARK for anonymous payments. Hardfork (co-fork) of BTC and ZClassic



  1. Jump up ^ It is not known whether the name "Satoshi Nakamoto" is real or a pseudonym, nor whether it represents one person or a group.
  2. Jump up ^ Via Masternodes containing 1000 DASH held as collateral for "Proof of Service". Through an automated voting mechanism, one Masternode is selected per block and receives 45% of mining rewards.