Bitcoin Forum

Other => Beginners & Help => Topic started by: Pmalek on November 24, 2018, 12:29:28 PM



Title: The Periodic Table of Cryptocurrencies
Post by: Pmalek on November 24, 2018, 12:29:28 PM
https://cdn.investinblockchain.com/wp-content/uploads/2018/06/periodic_table_cryptocurrencies.png?x50555


Currencies – Coins used primarily for payments and to store value.

Protocols, Exchanges, and Interoperability – Projects building decentralized infrastructure to exchange cryptocurrencies and enable communication between different blockchains.

Computing, Data Management & Cloud Services – Projects related to computing, data storage and security, and cloud services including file storage and cloud computing.

Others – Projects that didn’t fit into any of the other categories. These include prediction markets, oracles, betting platforms, and AI-related projects.

Platforms – Smart contract and decentralized application (dapp) platforms.

Gaming, Media, and Social Networking Platforms – Projects related to the gaming industry, online content publishing and distribution, and social media.

Privacy Coins – Currencies with features to make transactions anonymous and/or untraceable.

FinTech – Financial services and technology.

Business/Enterprise – Platforms meant to help businesses improve efficiency, transparency, and security, among other things.


Source: https://www.investinblockchain.com/periodic-table-cryptocurrencies/


Title: Re: The Periodic Table of Cryptocurrencies
Post by: BrewMaster on November 24, 2018, 05:10:38 PM
an interesting attempt for  sure although two things come to my mind.

first thing which may be because of my lack of information about all the altcoins is that why some of these categorizations look out of place? for example Waves is also a platform. or Byteball and IOTA are mroe of a currency rather than anything else.

the second one however is the fact that just like periodic table you can't list all "allotropes" of the same thing in the table. for example you don't see diamond, graphite and fullerine in the table. you only see carbon. so here it shouldn't have listed fork coins such as BCH, BTG, BCD, ETH/C,... in the list


Title: Re: The Periodic Table of Cryptocurrencies
Post by: hugeblack on November 24, 2018, 06:07:14 PM
There are some contradictory things in this table that do not make it similar to the periodic table of chemical elements except in terms of shape only.

Some properties such as the increase in atomic numbers, electronegativity, metals, non-metals, and other similar qualities were not used in the order of cryptocurrencies.
It is supposed of Bitcoin to be a place of carbon, ETH a place of hydrogen, USDT place of helium.
Also, the order of some items is not correct as Dash, USDT "The right place is down because it's central."


Title: Re: The Periodic Table of Cryptocurrencies
Post by: BestSSS on November 26, 2018, 05:22:44 PM
I think you have tried a lot to draw such a beauty. It was very interesting, but what to do with the other 1500 cryptocurrencies?)))


Title: Re: The Periodic Table of Cryptocurrencies
Post by: Harlot on November 26, 2018, 05:46:47 PM
You cannot really make cryptocurrencies as elements in the period table, for one the lack of information will be a lot. The year which it is founded and type of cryptocurrency is not enough. Don't get me wrong this looks entertaining for a lot of people but I doubt it can be used for anything useful with regards to investing, not unless that periodic table is interactive where if you click a certain block you will be redirected to more information about that cryptocurrency. They should even at least put the current prices since this was created by a website called "Investinblockchain". Who knows some brilliant mind might actually work the idea.


Title: Re: The Periodic Table of Cryptocurrencies
Post by: Pmalek on November 26, 2018, 07:03:54 PM
I think you have tried a lot to draw such a beauty. It was very interesting, but what to do with the other 1500 cryptocurrencies?)))
The table is not mine, it was created by Daniel Frumkin. These are just some of the currencies worth mentioning and he says that he might update the table with new projects and even omit some sometimes in the future.

Don't get me wrong this looks entertaining for a lot of people but I doubt it can be used for anything useful with regards to investing...
I think it is just an interesting overview and way of grouping the different projects. It doesn't necessarily need to be used for investing but it can be used as a source of information. For example: A user is interested in Privacy Coins. 13 coins that belong to this particular group are listed on the table and that is a good point to begin your research on the different types of privacy coins.