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CryptoMarkets

Many Cryptocurrencies Try to Dethrone Bitcoin, but Will Any Succeed?

Monero survived 73 delistings, while stablecoins moved $33T. Here are some of the projects that have tried to improve on Bitcoin and how each attempt has gone.

CoinMarketCap

Publisher

Aug 17, 2026 at 9:15 AM UTC · Updated 3 ngày trước · 5 phút đọc

Many Cryptocurrencies Try to Dethrone Bitcoin, but Will Any Succeed?
Image via CoinMarketCap

Entities

bitcoin

Market Impact

BTC+7.45%$69,075

Last Updated

3 ngày trước

Đang dịch…

Monero survived 73 delistings, while stablecoins moved $33T. Here are some of the projects that have tried to improve on Bitcoin and how each attempt has gone.

Developers have pitched a better Bitcoin (

BTC

) almost since the day the network launched: coins with cheaper payments, stronger privacy, or a steadier price.

None has taken Bitcoin's place so far, but several have carved out ground on individual fronts, and their track records show what a successor would have to get right.

The place to start is the job Satoshi Nakamoto built Bitcoin to do.

What Was Bitcoin Built For?

Digital cash has a bigger graveyard than most people realize.

David Chaum's eCash pioneered cryptographic payments in the 1990s, e-gold offered gold-backed transfers from 1996, and Liberty Reserve processed billions as a "PayPal for the unbanked."

All three depended on a central operator, and all three ended the same way: bankruptcy, prosecution, or seizure. US prosecutors shut down Liberty Reserve in 2013 over roughly $6 billion in alleged money laundering.

Satoshi Nakamoto removed the operator. Borrowing proof-of-work from Adam Back’s Hashcash and ideas from Wei Dai's

b-money

and Nick Szabo’s

bit gold

, Satoshi’s

2008 whitepaper

Market Context

Bitcoin

BTC

$69,052

+7.42% (24H)

Market Cap

$1.38T

24H Volume

$41.6B

24H High

$70,002

View Bitcoin Market Page

Article Intelligence

Key Entities

bitcoin

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