Dmitriy Profile picture
Mar 10, 2018 10 tweets 4 min read Read on X
To help raise the tide of crypto, I'm going to be doing the 100 days of shitcoins challenge, where I'll try to provide digestible summaries for coins, hopefully inspiring you to want to learn more and DYOR.

Follow & Retweet so you don't miss a shitcoin.

coinsheet.org
Day: 1 Ripple (#XRP) #cryptocurrency

Enterprise payment settlement network that uses blockchain tech. Designed to move large amounts of money more quickly and reliably.

Centralized AF because few parties will be validating transactions.
Day: 2 Cardano $ADA #cryptocurrency

Currency + platform for decentralized apps + smart contracts + formal code verification.

Considered "3rd gen" crypto (improving upon $BTC & $ETH). Bunch of smart folks trying to tackle too many issues. Vaporware until proven otherwise.
Day: 3 IOTA $IOTA #cryptocurrency

3rd gen crypto, free + real time microtransactions between Internet of Things (IoT) devices. Does not have a product, and if they had a product, not such if anyone would use it. This is not including a shitload of technical + functional issues
Day: 4 EOS $EOS $BTC

Decentralized infrastructure to run apps. Wants to provides a scalable, plug-and-play toolkit for smart contract devs. A constant theme with 3rd gen projects is big promises.

Either going to cure cancer or become a Ponzi bigger than Madoff. Prob the latter.
Day: 5 Qtum #Qtum

Qtum wants to take what's good about $BTC and $ETH and created a protocol that combines both. BTC's secure store of value + ETH's smart contracts + Dapps + much faster.

Don't trust anyone who tells you they'll take the best of both worlds and combines them.
Day: 6 Steem $STEEM #bitcoin

Reddit + rewards platform that lets content creators and curators monetize their work.

Can iterate into something much bigger than it currently is, or it could just become another big scam in a long list of big scams. Potential exists for both.
Day 7: NEO $NEO #cryptocurrency

Chinese market's $ETH. China's first blockchain platform. Smart contracts + digital identity features.

Different consensus mechanism + gas dividends.

Currently centralized af, with most consensus nodes run by the NEO council.
Day 8: Tron $TRX #cryptocurrency

A Chinese smart contract platform that wants to connect entertainment creators with consumers, without middlemen like Apple.

If a plagiarized whitepaper isn't enough for you, I'm still waiting for a real world example of how Tron would work.
Day 9: Nano (RaiBlocks) $NANO #cryptocurrency $XRB

Trying to tackle the scaling/fee/miner issue. Designed to be fast + zero-fee transactions +unlimited scaling by using a block-lattice architecture.

Unfortunately, in order to have scaling problems, you first need to have scale.

• • •

Missing some Tweet in this thread? You can try to force a refresh
 

Keep Current with Dmitriy

Dmitriy Profile picture

Stay in touch and get notified when new unrolls are available from this author!

Read all threads

This Thread may be Removed Anytime!

PDF

Twitter may remove this content at anytime! Save it as PDF for later use!

Try unrolling a thread yourself!

how to unroll video
  1. Follow @ThreadReaderApp to mention us!

  2. From a Twitter thread mention us with a keyword "unroll"
@threadreaderapp unroll

Practice here first or read more on our help page!

Did Thread Reader help you today?

Support us! We are indie developers!


This site is made by just two indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3/month or $30/year) and get exclusive features!

Become Premium

Don't want to be a Premium member but still want to support us?

Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal

Or Donate anonymously using crypto!

Ethereum

0xfe58350B80634f60Fa6Dc149a72b4DFbc17D341E copy

Bitcoin

3ATGMxNzCUFzxpMCHL5sWSt4DVtS8UqXpi copy

Thank you for your support!

Follow Us!

:(