Cryptocurrencies are all about decentralization. In fact, a blockchain which is not decentralized doesn't make so much sense - at least, it's not really an advancement with respect to Paypal-style systems.
That's why I'm wondering why in 2018 the majority of the top-100 altcoins (considering their position at CoinMarketCap) are at least partly centralized - they are in control of a company or a "team" which exercises a lot of control over the development process and even distribution. It seems obvious that in most cases the "easy crowdfunding" and generally, greed are the main reasons.
So I'm creating a list of cryptocurrencies which still follow the good old,
decentralized Bitcoin spirit. That means:
- no ICO
- no centrally managed "airdrop"
- no premine of any sort nor centralized rewarding (e.g. Zcash)
- open source
- instamined or stealth-mined coins, fork-coins or coins with centralized elements (e.g. checkpoints) will be marked.
I'll add continuously coins to the list, searching CMC.
Please comment if I forgot one.Here are the "Community Coins" in the Coinmarketcap Top-50 (as of May 21, 2018):- 1. Bitcoin
- 4. Bitcoin Cash (fork-coin)
- 6. Litecoin
- 12. Dash (instamined)
- 13. Monero
- 18. Bytecoin (instamined/stealth-mined)
- 26. Bitcoin Gold (stealth-mined)
- 30. Verge
- 31. Steem (stealth-mined)
- 35. Siacoin (instamined)
- 45. Dogecoin
- 46. Bitcoin Private
- To be continued -
