Altcoins
Altcoin is one of the most dynamic and controversial sectors in the crypto world. If you already know enough about mainstream coins such as BTC and ETH, you might as well step out of your comfort zone and take an exciting trip to the cutting edge of the crypto industry.
ZEC (Zcash) was launched on October 28, 2016, and belongs to the category of privacy coins in the cryptocurrency market.
ZEC is the first blockchain system to use a zero-knowledge proof mechanism, which provides complete payment confidentiality while still maintaining a decentralized network on a public blockchain.
Similar to BTC, ZEC has a total supply of 21 million. However, unlike BTC, transactions on ZEC automatically hide the sender, receiver, and amount on the blockchain, and only those with keys can see the content of transactions. Users have full control over their keys and can choose to provide them to others to view the information.
ZEC can be seen as a branch of BTC, as it retains the original BTC model and is based on modifications to a version of the Bitcoin code.
As the world's second-largest AMM platform, Curve gains popularity among users for its technology and development as well as its incentive-based financial ecosystem. In the newly released whitepaper of crvUSD stablecoin, Curve proposes a novel smooth liquidation mechanism, which greatly enhances its competitiveness and attractiveness, demonstrating the large potential to become the world's first AMM platform to issue stablecoins in the near future.
As a blockchain project, Solana aims to optimize network scalability and increase speed, and adopts a unique proof of history algorithm to significantly improve the efficiency of on-chain transactions and sequencing.
A Decentralized Meme Token that Evolved into a Vibrant Ecosystem
Livepeer is a decentralized video streaming platform that uses blockchain technology to provide a more efficient solution to video encoding, storage, and distribution services.
Frontier is a versatile non-custodial DeFi wallet for securely managing a wide range of cryptocurrency assets including non-fungible tokens, across more than thirty-five blockchains.
Zilliqa is a high-throughput blockchain platform designed to handle high transaction volume. It uses sharding technology to improve network efficiency. It aims to provide a secure, fast and low-cost platform for businesses to build decentralized applications.
BONK is a new meme coin built on the Solana chain. The token has recently gained traction after drawing liquidity into the Solana ecosystem. Can the recent hype be sustained?
Meme coins are cryptocurrencies inspired by online memes with no value proposition or utility though useful in performing transactions. Also, they are seen as risky investments and are notoriously volatile.
FTX Token, FTT is the native token of the FTX ecosystem that grants access to the features and services of the trading platform and generates utility by incentivizing users to hold and use the token.
Flare Network is a high-performance decentralized cross-chain platform that delivers a set of native open protocols to build interoperable and composable apps.
XMR, a privacy coin based on the CryptoNote protocol, was created in about 2013-2014. It is designed to achieve absolute anonymity through ring signatures and stealth addresses.
Leased Proof of Stake is a variant of the PoS where users lease tokens to validators so that they can increase their mining power to produce blocks.
Proof of Authority is a permissioned consensus mechanism that uses identity as a stake to provide fast transactions and add blocks through the network.
VeChain is a blockchain platform with the goal of using distributed ledger technology to streamline supply chain management.