The State of the Art of Top 20 Cryptocurrencies

10 Pages Posted: 29 May 2018

Date Written: January 1, 2018

Abstract

This article focused on the investigation of the big picture of top 20 cryptocurrencies for preparing readiness of Thais and inventing the first cryptocurrency for Thais. Documentary research and descriptive statistics like mean and standard deviation were used in this study. The findings stated that cryptocurrecies were mostly developed their products in the stage of fully working product with their own blockchain (native blockchain). C was mostly used as key languages. Decentralized Application (DAPPS), online payment without third party, and Smart Contract were key usages with proof-in-a-consensus, mostly done by Proof-of work (PoW), Proof-of-Stake (PoS) and the hybrid of PoW and PoS, Proof-of Activity (PoA). Finally, the average of block time was 3.25 minutes whereas 70,608.8 transactions per second was in average.

Keywords: Cryptocurrency, State of the Art, Blockchain

Suggested Citation

Gohwong, Srirath Goi, The State of the Art of Top 20 Cryptocurrencies (January 1, 2018). Asian Administration & Management Review, Vol. 1, No. 1, 2018. Available at SSRN: https://ssrn.com/abstract=3185167

Srirath Goi Gohwong (Contact Author)

Kasetsart University ( email )

Kasetsart University
Kamphaeng Saen, Nakhon Pathom 73140
Thailand

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