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Scrypt Cryptocurrencies ; 1, Dogecoin (DOGE), $20,,, ; 2, Litecoin (LTC), $7,,, In cryptography, scrypt is a password-based key derivation function created by Colin Percival in March , originally for the Tarsnap online backup service. The algorithm was specifically designed to make it costly to perform large-scale custom. These cryptocurrency projects all have their own blockchains. They are listed by market capitalization with the largest first and then descending in order.