Cryptography behind the top 100 cryptocurrencies

Cryptography behind the top 100 cryptocurrencies

This table is based on research at Nash for work expanding our MPC protocol to secure wallets on new blockchains. We took a snapshot of rankings by market cap in early February 2021. In summary, 74 coins use ECDSA and the secp256k1 curve, including Bitcoin, Ethereum, and 48 ERC20 tokens. 10 coins use EdDSA and curve25519, such as Stellar, Cardano and Elrond. 8 coins use multiple signing algorithms and curves (often both ECDSA/secp256k1 and EdDSA/curve25519), such as Polkadot and Tezos.

Name Symbol Signing Algorithm Curve Notes

Bitcoin BTC ECDSA secp256k1

Ethereum ETH ECDSA secp256k1

Tether USDT Ethereum ERC20 token

Polkadot DOT ECDSA, Schnorr, EdDSA curve25519, ristretto25519, secp256k1

XRP XRP ECDSA, EdDSA curve25519, secp256k1*

* is the default

Cardano ADA EdDSA curve25519

Litecoin LTC ECDSA secp256k1

Bitcoin Cash BCH ECDSA secp256k1

Chainlink LINK Ethereum ERC20 token

Stellar XLM EdDSA curve25519

Binance Coin BNB ECDSA secp256k1

USD Coin USDC Ethereum ERC20 token

Wrapped Bitcoin WBTC Ethereum ERC20 token

Bitcoin SV BSV ECDSA secp256k1

EOS EOS ECDSA secp256k1

Monero XMR EdDSA*, Bulletproofs curve25519 * non-standard hashing algorithm, uses Keccak

Aave AAVE Ethereum ERC20 token

Tron TRX ECDSA secp256k1

VeChain VET ECDSA secp256k1

NEM XEM EdDSA curve25519

Synthetix SNX Ethereum ERC20 token

Cosmos ATOM ECDSA secp256k1

Theta Network THETA ECDSA secp256k1

Uniswap UNI Ethereum ERC20 token

NEO NEO ECDSA NIST P-256

Crypto.com Coin CRO ECDSA secp256k1

OKB OKB Ethereum ERC20 token

Celsius Network CEL Ethereum ERC20 token

cUSDC CUSDC Ethereum ERC20 token

cETH CETH Ethereum ERC20 token

Dai DAI Ethereum ERC20 token

LEO Token LEO Ethereum ERC20 token

IOTA MIOTA Winternitz OTS

Tezos XTZ ECDSA, EdDSA secp256k1, curve25519, NIST P-256 tz1: EdDSA, tz2: ECDSA/secp256k1, tz3: ECDSA/NIST P-256

Elrond EGLD EdDSA curve25519

Maker MKR Ethereum ERC20 token

Binance USD BUSD Ethereum ERC20 token

Dogecoin DOGE ECDSA secp256k1

Dash DASH ECDSA secp256k1

Huobi Token HT Ethereum ERC20 token

Filecoin FIL ECDSA secp256k1

Zcash ZEC ECDSA, ZK-SNARKs* secp256k1, BLS12-381-JubJub* * for shielded/anonymous transactions

Avalanche AVAX ECDSA secp256k1

Yearn Finance YFI Ethereum ERC20 token

Kusama KSM ECDSA, EdDSA, Schnorr secp256k1, curve25519, ristretto25519

Ethereum Classic ETC ECDSA secp256k1

Solana SOL EdDSA curve25519

cDAI CDAI Ethereum ERC20 token

FTX Token FTT Ethereum ERC20 token

Sushi SUSHI Ethereum ERC20 token

Compound COMP Ethereum ERC20 token

Huobi BTC HBTC Ethereum ERC20 token

Zilliqa ZIL EC-Schnorr secp256k1

Hedera Hashgraph HBAR ECDSA, EdDSA, RSA* NIST P-384, curve25519 * 3072 bit RSA

UMA UMA Ethereum ERC20 token

Decred DCR EdDSA, EC-Schnorr* curve25519, secp256k1 * non-standard

Waves WAVES EdDSA curve25519

Near NEAR ECDSA, EdDSA secp256k1, curve25519

The Graph GRT Ethereum ERC20 token

REN REN Ethereum ERC20 token

Paxos Standard PAX Ethereum ERC20 token

Loopring LRC Ethereum ERC20 token

OMG Network OMG Ethereum ERC20 token

renBTC RENBTC Ethereum ERC20 token

Ontology ONT ECDSA NIST P-256

ICON ICX ECDSA secp256k1

Blockstack STX ECDSA secp256k1

THORChain RUNE Binance BEP2 token

TrueUSD TUSD Ethereum ERC20 token

Nano NANO EdDSA* curve25519 * uses Blake2b-512 instead of SHA-512 in key derivation

Terra LUNA ECDSA secp256k1

NEXO NEXO Ethereum ERC20 token

Algorand ALGO EdDSA curve25519

Basic Attention Token BAT Ethereum ERC20 token

0x ZRX Ethereum ERC20 token

DigiByte DGB ECDSA secp256k1

Reserve Rights Token RSR Ethereum ERC20 token

Curve DAO Token CRV Ethereum ERC20 token

Enjin Coin OMG Ethereum ERC20 token

Aave Link ALINK Ethereum ERC20 token

Nexus Mutual NXM Ethereum ERC20 token

Horizen ZEN ECDSA secp256k1

HUSD HUSD Ethereum ERC20 token

IOST IOUST ECDSA, EdDSA secp256k1, curve25519

Qtum QTUM ECDSA secp256k1

Kyber Network KNC Ethereum ERC20 token

Bitcoin Cash ABC BCHA ECDSA secp256k1

Energy Web Token EWT ECDSA secp256k1

SwissBorg CHSB Ethereum ERC20 token

Ampleforth AMPL Ethereum ERC20 token

BitTorrent BTT Tron TRC20 token

Quant QNT Ethereum ERC20 token

Balancer BAL Ethereum ERC20 token

Siacoin SC EdDSA curve25519

Ocean Protocol OCEAN Ethereum ERC20 token

Aave ETH AETH Ethereum ERC20 token

TerraUSD UST ECDSA secp256k1

Voyager Token VGX Ethereum ERC20 token

Arweave AR RSA* * 4096 bit RSA

Status SNT Ethereum ERC20 token

‏Source ethanfast.com