Ethereum (ETH) is an open-source distributed blockchain that has smart contract functionality. It operates as a decentralized virtual machine which can run decentralized applications (dapps) and be used to transfer ether between different nodes. The Ethereum blockchain was the first smart contract platform and is still the largest to date.

Algorand is a blockchain project with the aim of creating a transparent system in which everyone can achieve success through decentralized projects and applications. The Algorand Foundation provides serious support to developers in launching and developing applications on the network. The main feature of this project is the open source blockchain. Algorand’s consensus mechanism promotes the performance, security and openness of a decentralized network. Algorand competes with well-known financial institutions and payment systems.

Cardano is a blockchain developed by the company IOHK. The team is led by former Ethereum veteran Charles Hoskinson and strives to be the next generation blockchain project. Cardano aims to become a fully fledged smartcontract platform with a library of protocols that developers can use to build decentralized apps.

Dogecoin (DOGE) is based on the popular “doge” internet meme and has a Shiba Inu on its logo. The open-source digital currency was created by Billy Markus of Portland, Oregon and Jackson Palmer of Sydney, Australia, and forked from Litecoin in December 2013. The creators of Dogecoin saw it as a parody of the serious approach to cryptocurrency by Bitcoin’s very technical audience at the time, and thought it all needed to be a bit more fun. The joke caught on and the coin is now known and loved worldwide. Tesla CEO Elon Musk posted several tweets on social media that Dogecoin is his favorite and other famous people are also happy to help promote this coin and the memes.

Filecoin is a decentralized file storage network that facilitates markets for storing and accessing data. Filecoin miners earn FIL coins in exchange for storing files reliably. Filecoin users can select between different miners depending on their specific storage needs – for example, a user might want to pay a higher price for more reliable storage. Filecoin is built on top of the IPFS (InterPlanetary File System) protocol for distributed data storage and sharing.

Litecoin (LTC) was created in October 2011 and is one of the oldest cryptocurrencies after BTC. LTC is based on the Bitcoin protocol, and shares much of the code, but distinguishes itself by shorter block times of about 2.5 minutes. This allows LTC transactions to be processed 4x faster.

NEO is a Chinese cryptocurrency developed by Onchain, and originally known as AntShares before it was re-branded to NEO in 2017. It is often described as the Chinese Ethereum because NEO works in a similar way, allowing smart-contracts to be delivered through the blockchain. NEO’s smart contracts and dapps can be written and compiled in C# and Java.

Stellar Lumens (XLM) is a cryptoplatform designed to enable fast and secure value transfer at low cost. It is intended for both individuals and companies such as banks. Stellar can handle exchanges between fiat-based currencies and between cryptocurrencies and aims to be an open financial system to give all people access to low-cost financial services.

The Theta Token is used to power a decentralized video delivery network that operates in a similar manner to YouTube and Twitch. The project is blockchain-based and also compensates various network participants via the use of cryptocurrencies.

UNI is a governance token for Uniswap, which is an automated liquidity protocol built on the Ethereum blockchain. UNI tokens exist as ERC-20 tokens on Ethereum, and allow holders to influence the direction of the Uniswap project. UNI holders have ownership of Uniswap’s governance process, the UNI community treasury, the protocol’s fee switch, and more.