Different Cryptos

Most Popular Cryptocurrencies

There are thousands of Cryptocurrencies in the world and new cryptocurrencies come out every day and it is impossible to cover all of them

Most of the cryptocurrencies are listed on https://coinmarketcap.com/.


ICO (Initial Coin Offering) is a brand new way to raise funds, instead of IPO (Initial Public Offering) for the traditional Stock Markets, cryptocurrency projects use ICO to raise funds. Investors are given coins for their investment instead of stocks. Almost every crypto project had a ICO.

Bitcoin (BTC)

The first ever cryptocurrency, Bitcoin is considered the most secure cryptocurrency, because the amount of computing power and number of nodes providing the protection is the largest. It has implemented a software update allowing something called SegWit2x which will increase the size of the blocks (the pages in the banking analogy) from 1 to 2MB and allows the creation of “side chains” which free up room on the main blockchain and can add extra functionality such as instant atomic swap between cryptocurrencies and smart contracts.


There is no ICO for Bitcoin, Satoshi Nakamoto mined the first blocks to get the Bitcoin blockchain started, then other crypto enthusiast joined in after him/she/they

Supporting Organizations and Partnerships

There is no official supporting company or partnership, although many organizations are working to improve Bitcoin blockchain such as Blockstream, Twitter and many others.

Consensus Method: PoW (Proof of Work)

Programming Language: Mostly in C++

Use Case: Currency and Store of Value


  • First mover advantage

  • Largest network effects


  • Disagreements between miners may cause instability

  • Government may enforce regulations

  • The transaction backlog has been growing

Ethereum (ETH)

Ethereum’s rise came about because of the hype of Smart Contracts. It had a very large amount of ICOs on its platform and a lot of interest from the developer community. It aims to be a platform on top of which Dapps and Smart Contracts can be written. It uses its own programming language, Solidity.


ICO in 2013, raise $15.5 million, had other tokens sales after 2013.

Supporting Organizations and Partnerships

Ethereum Foundation, Consys, Enterprise Ethereum Alliance (consists of over 500 organizations).

Consensus Method: Currently transitioning from PoW (Proof of Work) to PoS (Proof of Stake)

Programming Language: Solidity

Use Case: Smart contracts, Dapps, ICO platform


  • Largest following amongst blockchain developers

  • The best developer tools

  • Large corporate support through the Ethereum Enterprise Alliance (EEA)

  • Concise programming language


  • DAO hack can occur on other software developed on the platform

  • Uncertainty surrounding PoS shift

XRP (Ripple Labs)

The first cryptocurrency created for the banks. It has a very specific use case: providing liquidity in cross border transactions between banks.


Arguably Ripple didn't have a ICO, Ripple Labs raised money through traditional investment method for startups.

Supporting Organizations and Partnerships

Ripple Labs, XRPL Labs, Xpring, Ripplenet (consist of over 300 financial institutions).

Consensus Method: Ripple Consensus Protocol

Ripple Consensus Protocol Algorithm (RCPA) consists trusted nodes run by banks and other organizations.

Programming Language: The core of the ripple system is written in C++, with various interfaces / libraries written in Javascript

Use Case: Cross border payments


  • Specific use case

  • Working product

  • Legal compliance


  • Perceived as a centralized cryptocurrency

According to CTO of Ripple Labs David Schwartz (@JoelKatz), XRP is more decentralized than Bitcoin because Ripple Labs only controls 7% of the Validator Nodes where as a few major Bitcoin mining pools control more than 50% of BTC's Network Hashrate. If in an unlikely event these Bitcoin mining pools could come together and execute a 51% Attack on the Bitcoin Blockchain where Bitcoin Transactions can be reversed leading to double-spending of Bitcoin.

Attention: The SEC has filed lawsuit against Ripple Labs. Some exchanges have delisted XRP or halted trading of XRP


LiteCoin (LTC)

Litecoin is the Silver to Bitcoin’s Gold, faster transaction time. Litecoin is a fork of Bitcoin core,


Charlie Lee the creator of Litecoin claims Litecoin wasn't an ICO.

Supporting Organizations and Partnerships

Litecoin Foundation. The Litecoin Foundation the nonprofit organization acquired 9.9% of Germany's WEG bank in 2019, then the Foundation increased its investment to almost 30% of the bank's equity.

Consensus Method: PoW (Proof of Work)

Programming Language: C++ for Litecoin core and Java for Apps

Use Case: Currency


  • Confirmation time are 4 times faster than Bitcoin

  • Codes that run on Bitcoin can be almost completely copied and run on Litecoin, saves developing time


  • No differentiation from Bitcoin, most of the time changes are tested on Litecoin blockchain before they are implemented on the Bitcoin blockchain


IOTA is uses a “Tangle Network” instead of a blockchain, allows instant, free transactions with the intention of creating a “Machine Economy”. It aims to be the cryptocurrency that can be used in machine communications.


IOTA Foundation raised $434,000 USD during their ICO which started on November 24th 2015 until December 20th 2015. Comparatively it is a very small amount to other ICOs, but at the time it was an impressive accomplishment.

Supporting Organizations and Partnerships

IOTA Foundation, Microsoft, Tesla (information not officially confirmed), Porsche, BOSCH, Fujitsu.

Consensus Method: PoW (Proof of Work)

Consensus: Tangle Network

Programming Language: IOTA development map mentions several programming languages: Rust, Go, Javascript, Java and C++

Use Case: Machine economy


  • Instant, free transactions

  • Specialized technology "Tangle Network"

  • Large potential market in the Machine Economy

  • Strong partnerships


  • "Tangle Network" is a brand new technology and has many unknowns

OmiseGo (OMG)

OmiseGo is a DApp built on the Ethereum blockchain. It is part of the parent company Omise which is payment gateway provider in the South East Asian market. OmiseGo aims to solve payment problems in South East Asian where the majority of the population have no access to traditional banking services and all have cellphones.


OmiseGo raised $25 million in its ICO in 2017.

Supporting Organizations and Partnerships

Omise, Credit Saison, Mizuho Financial Group, McDonald’s Thailand, TrueMoney, PaysBuy, Bank of Ayudhya (Krungsri), Sumitomo Mitsui Banking Corp (SMBC), Sinar Mas Digital Ventures (SMDV), GreyLock Partners.

Consensus Method: PoW (Proof of Work)

Consensus: Based on the Ethereum blockchain

Programming Language

Based on Ethereum

Intended Use Case: payment gateway for people without traditional banking access


  • Uniquely positioned in East Asia with access to Korean and Japanese markets

  • High profile advisers including Vitalik Vuterin, Joseph Poon and Julian Zawistowski

  • Backed by parent company Omise


  • In many cases, it is depended on the development of Ethereum


EOS aims to be the “operating system” on which other blockchains can more easily be built. EOS is geared towards Dapps and games. EOS allows Dapps to be made easily and interoperate. The ICO which ran for 1 year and raised $4 Billion USD.


Block.one raised $4 billion in a year long ICO for the EOS project in 2018.

Supporting Organizations and Partnerships

Block.one, Tapatalk, Wanchain, Galaxy Digital, EOS Global, FinLab, SVK Crypto and many others.

Consensus Method: dPoS (Delegated Proof-of-Stake)

Programming Language: C++ is the main programming language of EOS preferred to run extensive applications on top of the blockchain. EOS also supports any language that compiles into WebAssembly (WASM)

Use Case: Blockchain games, Dapps, smart contract and an “operating system” for blockchains


  • 1.5s confirmation time


  • Block producer collusion


We do not offer any financial advice. We recommend that you consult with your financial advisor for all your financial decisions. We are not responsible for any of your possible loss. Cryptocurrency is a very speculative asset. Please do your own research and due diligence. The information provided may not be 100% accurate or up to date as cryptocurrency space is changing by the second.