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Offline CLains

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Spec Chart for Major Cryptos
« on: January 13, 2015, 12:05:50 PM »

1) Released Cryptocurrencies:
VisaBitcoinRippleLitecoinMastercoinNxtCounterpartyBitsharesBlackcoinQoraCryptiStellar
Operational57 years6 years3 Years3 Years1 Year1 Year1 Year1 Year10 Months7 Months7 Months5 Months
Consensus MechanismConsensusProof of WorkConsensusProof of WorkTimestamp AuthorityImproved Proof of StakeTimestamp AuthorityDelegated Proof of StakePoW (distribution) / PoSPoSPoS: Purchase, Time, IdentityConsensus
Block Production Time-10 minutes10 seconds3,2 minutes10 minutes2 minutes10 minutes10 seconds1 minute1-5 minute1 minute2-5 seconds
Recommended Confirmation Time-6 blocks1 block6 blocks / 15 minutes6 blocks10 blocks6 blocks 1 block10 blocks10 blocks-1 block
Worst Case for Confirmation Time-100 blocks (20 hrs)-100 blocks (4 hrs)100 blocks (20 hours)1440 blocks (48 hrs)100 blocks (20 hrs)51 blocks (8.5 min)120 blocks (2 hours)---
Max. Transaction Load47.000 TPS7 tps-28 tps2 tps3,4 tps2 tps10 tps70 tps---
Average Transaction Load2000 TPS1,17 TPS0,5 TPS0,06 TPS-0,05 TPS0,003 TPS0,05 TPS0,08 TPS0,001 TPS--
Number of Accounts-2,7 million140.000142.000-93.0007.200230.00065006200--
Transaction Fee Costs2% of transaction value.0001 BTC0.00001 XRP0.001 LTC.0001 BTC1 NXT.0001 BTCVariable0.001 BLK per kB1 QORAVariable0.00001 STR
Network Security Costs-tx fees + block rewardlow ~ secure server administration coststx fees + block reward10% inflation via miningtx fees 10% inflation via mininga fraction of transaction (tx) feesmax 1% of expected market captx fees tx fees -
Inflation-10%Deflationary30%Deflationary0%DeflationaryDelegate positions1%0%Deflationary1%
Share SupplyUnlimited13,7 million31 billion (out of 100 billion)35,5 million0,5 million1 billion2,6 million2,5 billion75 million10 billion100 million3,5 billion (out of 100,5 billion)
Average Volume (mil USD)165182371,320,0020,030,030,10,050,00040,0010,09
Share Divisibility (precision)2 decimal places8 decimal places6 decimal places8 decimal places8 decimal places8 decimal places8 decimal places5 decimal places8 decimal places8 decimal places8 decimal places6 decimal places
Blockchain Size-33,5 GB430 GB4 GB33,5 GB2,3 GB33,5 GB1,3 GB0,7 GB0,17 GBSTR + BTC + XRP
Brain WalletNoYesYesYesYesYesYesNoYesYesYesNo
MultisignatureNoYesYesYesNoPlannedYesYesYesPlannedNoNo
Anonymous TransactionsNoNoNoNoNoNoNoIn DevelopmentNoPlannedNoIn Development
Instant TransactionsYesYesYesYesYesPlannedNoNoNoPlannedNoNo
Smart ContractsNoYesIn DevelopmentNoYesYesYesYesYesIn DevelopmentNoIn Development
Automated TransactionsYesYesYesNoNoIn DevelopmentYesNoYesIn DevelopmentNoNo
Profit SharingNoNoNoNoNoYesYesIn DevelopmentYesNoNoNo
Decentralised Exchange / Asset ExchangeNoIn DevelopmentYesNoYesYesYesYesIn DevelopmentYesIn DevelopmentYes
Market Pegged AssetsNoYesNoNoNoNoNoIn DevelopmentNoNoNoNo
MarketplaceNoYesNoYesNoYesYesNoYesNoYesNo
Merchant ToolsYesYesYesYesNoNoIn DevelopmentNoIn DevelopmentNoNoYes
Order MatchingNoNoAutomaticNoManual AutomaticAutomaticAutomaticIn DevelopmentAutomaticAutomaticAutomatic
MessagingNoNoNoNoNoYesIn DevelopmentIn DevelopmentIn DevelopmentYesNoIn Development
Encrypted  MessagingNoNoNoNoNoYesIn DevelopmentIn DevelopmentPlannedNoNoNo
Hardware WalletYesYesIn DevelopmentYesNoPlannedNoNoPlannedNoNoNo
Mobile WalletYesYesIn DevelopmentYesYesYesIn DevelopmentIn DevelopmentYesPlannedNoNo
Alias SystemNoNoNoNoNoYesNoYesNoYesNoNo
Voting SystemNoPlannedNoNoNoIn DevelopmentIn DevelopmentYesIn DevelopmentYesPlannedNo
SuperNETNoNoNoNoNoYesNoNoNoNoNoNo
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Offline xeroc

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Re: Spec Chart for Major Cryptos
« Reply #1 on: January 13, 2015, 12:42:48 PM »
nice summary .. also see http://wiki.bitshares.org/index.php/BitShares/Why_BitShares#Comparison_of_BitShares_to_Other_Platforms

some mistakes in your table
BitShares has
 - brainwallet
 - anonymous transactions are functional since the beginning
 - market pegged assets are functional for several months now
 - messaging is functional since the beginning (encrypted) .. we now even have a user wall (unencrypted)

what's the source for the table so that we can help fix?!
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Offline CLains

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Re: Spec Chart for Major Cryptos
« Reply #2 on: January 13, 2015, 01:50:56 PM »
I think that Salsacz guy is working on it, I found him posting it in the Crypti thread

https://bitcointalk.org/index.php?topic=654463.msg10118428#msg10118428
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Offline cass

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Re: Spec Chart for Major Cryptos
« Reply #3 on: January 13, 2015, 01:58:11 PM »
maybe considering to add ethereum also! Just said…  +5%
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Offline testz

Re: Spec Chart for Major Cryptos
« Reply #4 on: January 13, 2015, 02:40:48 PM »
Nice comparison table.  +5%
Something wrong with "Smart Contracts".

Offline xeroc

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Re: Spec Chart for Major Cryptos
« Reply #5 on: January 13, 2015, 02:44:20 PM »
Smart Contracts should be "under development"
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Offline svk

Re: Spec Chart for Major Cryptos
« Reply #6 on: January 13, 2015, 02:48:08 PM »
I'm also surprised to learn that Bitcoin has market pegged assets while Bitshares' is "under development".
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Offline CLains

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Re: Spec Chart for Major Cryptos
« Reply #7 on: January 13, 2015, 02:59:23 PM »
I'm also surprised to learn that Bitcoin has market pegged assets while Bitshares' is "under development".

Hahaha, yeah got some heavy flaws still.
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Offline bitmarley

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Re: Spec Chart for Major Cryptos
« Reply #8 on: January 13, 2015, 05:15:21 PM »

BitShares has
 - anonymous transactions are functional since the beginning


Bitshares is not private yet. See:
https://bitsharestalk.org/index.php?topic=13155.msg172745#msg172745

Offline xeroc

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Re: Spec Chart for Major Cryptos
« Reply #9 on: January 13, 2015, 07:55:52 PM »

BitShares has
 - anonymous transactions are functional since the beginning


Bitshares is not private yet. See:
https://bitsharestalk.org/index.php?topic=13155.msg172745#msg172745
Yes .. I know .. but if ANY of those coins is "private" .. so is BitShares .. (maybe except those based on CryptoNote with ring signatures)
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Offline oldman

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Re: Spec Chart for Major Cryptos
« Reply #10 on: January 13, 2015, 08:18:47 PM »
 +5%


Well done!

Offline fuzzy

Re: Spec Chart for Major Cryptos
« Reply #11 on: January 13, 2015, 08:25:42 PM »
I was pretty sure that blocktimes for bitshares were 5-10 seconds....is this incorrect?
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Offline xeroc

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Re: Spec Chart for Major Cryptos
« Reply #12 on: January 13, 2015, 08:30:52 PM »
I was pretty sure that blocktimes for bitshares were 5-10 seconds....is this incorrect?
Blocks are signed by delegates every 10 secs ... which is the BLOCK CONFIRMATION time ... hence ... on average you get a 5secs TX CONFIRMATION time :P
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Offline CLains

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Re: Spec Chart for Major Cryptos
« Reply #13 on: January 16, 2015, 07:48:38 PM »
Now everyone on twitter is passing this one around,

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Offline xeroc

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Re: Spec Chart for Major Cryptos
« Reply #14 on: January 16, 2015, 07:58:18 PM »
I complain about it on reddit/r/nxt ..
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