Bitcoin is a digital asset and a payment system invented by Satoshi Nakamoto who published a related paper in 2008 and released it as open-source software in 2009. The system featured as peer-to-peer; users can transact directly without an intermediary. Transactions are verified by network nodes and recorded in a public distributed ledger called the blockchain. The ledger uses bitcoin as its unit of account. The system works without a central repository or single administrator, which has led the U.S. Treasury to categorize bitcoin as a decentralized virtual currency. Bitcoin is often called the first cryptocurrency, although prior systems existed. Bitcoin is more correctly described as the first decentralized digital currency. It is the largest of its kind in terms of total market value by now.
Bitcoins are created as a reward for payment processing work in which users offer their computing power to verify and record payments into a public ledger. This activity is called mining and miners are rewarded with transaction fees and newly created bitcoins. Besides being obtained by mining, bitcoins can be exchanged for other currencies, products, and services. Users can send and receive bitcoins for an optional transaction fee.
Bitcoin proposes a solution to the double-spending problem using a peer-to-peer network. The network timestamps transactions by hashing them into an ongoing chain of hash-based proof-of-work, forming a record that cannot be changed without redoing the proof-of-work. The longest chain not only serves as proof of the sequence of events witnessed, but proof that it came from the largest pool of CPU power. As long as a majority of CPU power is controlled by nodes that are not cooperating to attack the network, they'll generate the longest chain and outpace attackers. The network itself requires minimal structure. Messages are broadcast on a best effort basis, and nodes can leave and rejoin the network at will, accepting the longest proof-of-work chain as proof of what happened while they were gone.
Ethereum is a decentralized platform that runs smart contracts: applications that run exactly as programmed without any possibility of downtime, censorship, fraud or third party interference. These apps run on a custom built blockchain, an enormously powerful shared global infrastructure that can move value around and represent the ownership of property.
This enables developers to create markets, store registries of debts or promises, move funds in accordance with instructions given long in the past (like a will or a futures contract) and many other things that have not been invented yet, all without a middle man or counterparty risk. The project was bootstrapped via an ether presale in August 2014 by fans all around the world. It is developed by the Ethereum Foundation, a Swiss nonprofit, with contributions from great minds across the globe.
The intent of Ethereum is to create an alternative protocol for building decentralized applications, providing a different set of tradeoffs that we believe will be very useful for a large class of decentralized applications, with particular emphasis on situations where rapid development time, security for small and rarely used applications, and the ability of different applications to very efficiently interact, are important. Ethereum does this by building what is essentially the ultimate abstract foundational layer: a blockchain with a built-in Turing-complete programming language, allowing anyone to write smart contracts and decentralized applications where they can create their own arbitrary rules for ownership, transaction formats and state transition functions. A bare-bones version of Namecoin can be written in two lines of code, and other protocols like currencies and reputation systems can be built in under twenty. Smart contracts, cryptographic "boxes" that contain value and only unlock it if certain conditions are met, can also be built on top of the platform, with vastly more power than that offered by Bitcoin scripting because of the added powers of Turing-completeness, value-awareness, blockchain-awareness and state.
RippleNet delivers a single, frictionless experience for global payments. Rather than a constellation of disparate technologies, unstandardized communications, and centralized networks, RippleNet is a single, global network of banks that send and receive payments via Ripple's distributed financial technology -- providing real-time messaging, clearing and settlement of transactions.
RippleNet is a decentralized network based on an agreement between Ripple and network participants -- all of which utilize the same technology and adhere to a consistent set of payment rules and standards.
RippleNet banks benefit from the robust connectivity, standardized technology, and rich data attachments with each payment. Ripple's distributed financial technology outperforms today's infrastructure by driving down costs, increasing processing speeds and delivering end-to-end visibility into payment fees, timing, and delivery.
XRP is the native currency of the Ripple network that only exists within the Ripple system. XRP are currently divisible to 6 decimal places, and the smallest unit is called a drop with 1 million drops equaling 1 XRP. There were 100 billion XRP created at Ripple's inception, with no more allowed to be created according to the protocol's rules. As such, the system was designed so XRP is a scarce asset with decreasing available supply. Not dependent on any third party for redemption, XRP is the only currency in the Ripple network that does not entail counterparty risk, and it is the only native digital asset. The other currencies in the Ripple network are debt instruments (i.e. liabilities) and exist in the form of balances. Users of the Ripple network are not required to use XRP as a store of value or a medium of exchange. Each Ripple account is required, however, to have a small reserve of 20 XRP (US$6.58 as of May 16, 2017). The purpose of this requirement is discussed in the anti-spam section.
NEM is a peer-to-peer cryptocurrency and blockchain platform launched on March 31, 2015. Written in Java, with a C++ version in the works, NEM has a stated goal of a wide distribution model and has introduced new features to blockchain technology such as its proof-of-importance (POI) algorithm, multisignature accounts, encrypted messaging, and an Eigentrust++ reputation system. The NEM blockchain software is used in a commercial blockchain called Mijin, which is being tested by financial institutions and private companies in Japan and internationally.
NEM technology allows multiple ledgers to coexist on one blockchain. NEM Smart Assets allows users to create mosaics which can represent any asset (e.g. currency). All transactions in NEM have transaction fee associated with them and denomination used to pay for transactions is mosaic named XEM.
In July 2018 the NEM Foundation opened a Blockchain center in Kuala Lumpur, Malaysia, to serve as an incubator, accelerator, co-working space as well as Southeast Asian regional headquarters for NEM in the region. It is considered the largest blockchain centre in the Southeast Asian Region at 11,000 square feet.
NEM was started by a Bitcoin Talk forum user called UtopianFuture who was inspired by Nxt
The initial plan for NEM was to create a fork of NXT, but this was eventually dismissed in favor of a completely new codebase. Starting on January 19, 2014, an open call for participation began on the Bitcointalk forum. The goal of the call was to create a community-oriented cryptocurrency from the ground up.
In April 2016, Tech Bureau, the operator one of Japan's largest cryptocurrency exchanges, Zaif, formed a partnership with NEM for a new blockchain engine.
On 26 January 2018, Japanese cryptocurrency exchange Coincheck was the victim of a massive hack resulting in a loss of 523 million XEM coins, the native token of NEM, worth approximately $400 million. The hack only involved NEM, because the security breach was caused by the lack of strong security measures of Coincheck with regards to their implementation of NEM, lacking the use of multisignature support or a cold wallet. The NEM development team refused to conduct a hard fork. Instead NEM created an automated tagging system. This automated system followed the money and tagged any account that received tainted money.
TrueUSD is a stablecoin backed by USD. Collateralized by USD, it can be exchanged with and trusted by multiple banking partners in legally protected escrow accounts.
OmiseGO is a public Ethereum-based financial technology for use in mainstream digital wallets, that enables real-time, peer-to-peer value exchange and payment services agnostically across jurisdictions and organizational silos, and across both fiat money and decentralized currencies. Designed to enable financial inclusion and disrupt existing institutions, access will be made available to everyone via the OmiseGO network and digital wallet framework, starting in Q4 2017.
OmiseGO is the answer to a fundamental coordination problem amongst payment processors, gateways and financial institutions. By enabling decentralized exchange on a public blockchain at high volume and low cost, OmiseGO provides a next-generation value transfer service operating across currencies and asset types. Through the OmiseGO network connected to the Ethereum mainnet, anyone will be able to conduct financial transactions such as payments, remittances, payroll deposit, B2B commerce, supply-chain finance, loyalty programs, asset management and trading, and other on-demand services, in a completely decentralized and inexpensive way.
Further, millions of mainstream users in the largest growing economies in the world will be enabled to make the transition from using fiat money to using decentralized currencies such as ETH, BTC, and others. The OmiseGO network is intrinsically agnostic between fiat and decentralized money: as far as adoption and usage go, the system is constructed so that the best currencies will win.
BNB runs natively on the Ethereum blockchain and follows the ERC20 token standard. The BNB token was established with a total supply of 200 million. Binance plans to use 20% of our profits each quarter to buy back and burn BNB, until 50% of the total BNB supply (100 million BNB) is burned.
Holo is a decentralized hosting platform built on an architecture called Holochain. Holo fulfills on the promise of blockchain by leveraging the scalable architecture of Holochain to accomplish two primary feats:
Basic Attention Token radically improves the efficiency of digital advertising by creating a new token that can be exchanged between publishers, advertisers, and users. It all happens on the Ethereum blockchain.
The token can be used to obtain a variety of advertising and attention-based services on the BAT platform. The utility of the token is based on user attention, which simply means a person's focused mental engagement.
The Kin Ecosystem will seek to establish a global network of digital services that constitutes a new cooperative operating model, focused on the long term. In this model, developers and service providers will enjoy the right and opportunity to innovate and compete for compensation, while users will benefit from a diverse digital experience, freedom of choice, and access to a broad range of commercial services.
Pundi X will help to generate demand for new and old, as well as big and small cryptocurrencies. No other online cryptocurrency exchange can bring in new cryptocurrency users from this segment and in the same number, thanks to our powerful focus on attracting the consumer market.
IOST is building an ultra-high TPS blockchain infrastructure to meet the security and scalability needs of a decentralized economy. Led by a team of proven founders and backed by world-class investors, our mission is to be the underlying architecture for the future of online services.
The Dentacoin Foundations' core missions are to improve the quality of dental care worldwide, reduce treatment costs and create a dental community. The Dentacoin Token was created to help assist the Dentacoin Foundation with the above mentioned missions by giving power to the people. Dentacoin focuses on developing a number of tools, each one targeting a different sector of the dental industry. Individuals who use and implement these tools will receive Dentacoin Tokens as a reward, which they can later use to pay for their dental treatment or to purchase dental products
The goal is not to compete with other cryptocurrencies, but rather to provide a solution and support for the healthcare industry through a blockchain. The Dentacoin Foundation is interested in evaluating the actual substance and value that can be created with a coin (Dentacoin) that represents the health of all individuals. Dentacoin will be both a Fin Tech and logistic platform of the global dental industry.
The Status Network token is a modular utility token that fuels the Status network. This includes a Decentralized Push Notification Market, Governance of the Status client, Community Curation of content, along with social communication tools such as Tribute to Talk. We also propose a fiat-to-crypto 'Teller Network', DApp Directory, Sticker Market, and demonstrate our research on a User Acquisition Engine to grow the Network.
The Status Network Token ('SNT') will be distributed at a rate of 10,000 SNT per 1 ETH to participants in the Contribution Period, and is expected to begin on June 20th. The Contribution Period will run for 14 days, or within 24 hours of the first ceiling of 12M CHF (Swiss Francs) having been reached
The world of finance is about to change beyond belief. Decentralized blockchain technology brings incredible new opportunities to our society. Everyone can now be an equal part of a newly forming ecosystem of either financial or socially influential movements.
Cashpayz online crypto processing will instantly allow everyone to use cryptocurrencies for all types of payments. The growth of our industry is projected to develop exponentially. This is where the money is today and this is where more money will be tomorrow.
ATCC creating a decentralized payment and trust solution on the Ethereum Blockchain leveraging smart contract technology. The payment solution works flawlessly together with our decentralized trust and reputation system. Merchants will be able to accept cryptocurrencies and exchange them with traditional (fiat) currencies. Merchants and customers will participate in global decentralized commerce with total trust.
Five Star Coin Pro provides user-friendly, efficient and secure crypto banking, payments and eCommerce solution utilizing blockchain technology, underpinned by FSCP Coin. Through machine learning algorithms, coin proof of stake issuances and FSCP holder proof of stakes, FSCP aims to provide the confidence needed for wide acceptance as a medium of exchange and furthermore, a store of value.
Bitcoin-regular online crypto processing will instantly allow everyone to use cryptocurrencies for all payment aspects in the online-shopping portals. There will be collaborations with the E-Commerce sector and will establish a portal under which all the payments will be done through Bitcoin-Regular (BTRL) tokens.
TNPC's vision is to make cryptocurrency mainstream and achieve widespread adoption by enabling everyone to pay using crypto for retail and services in this Blockchain Era. It aims to do so by providing seamless user experience without the need for a steep learning curve, yet retaining the security, transparency and usability of cryptocurrency. TNPC will allow users to shop for retail products, consumer and professional services, using TNPC-tokens, which is an inherent cryptocurrency fueling the R-Pay platform. The power of community will assist consumers to make verified purchases and save approximately 50% to 90% on transaction costs for products and services they love and use in daily life!
Parinita Bansode Coin is a reward-based, charitable marketplace, fundraising, and philanthropic ecosystem built on the Ethereum platform.
The team at Parinita Bansode Coin are dedicated to creating a system of giving that is transparent during all stages of the donation process.PBC tokens will be used for marketplace transactions, fundraising, donations, and last mile delivery.
Tidbit is a Boston area startup company founded by MIT students to use web based distributed computing to mine bitcoins. In December 2013, shortly after its formation, the company was served a subpoena by the Attorney General of New Jersey under the state's consumer fraud protection act.
In February 2014 MIT faculty members Hal Abelson, Ethan Zuckerman, and graduate student Nathan Matias published a letter calling on MIT to do more to protect the students, as legal risk jeopardized MIT's institutional mission in "training young people to imagine, create, and disseminate projects that expand the possibilities of technology." MIT President Rafael Reif then wrote an email to the MIT community, stating that Tidbit had "the full and enthusiastic support of MIT," and that he had directed the Provost, Chancellor and General Counsel to submit a proposal to provide legal advice to students. In May 2015 the parties reached a settlement.
TidBit Coin (TBTC), is a new worldwide payment system that allows decentralized digital currency transactions. These transactions are not controlled by a single administrator or the central bank. TidBit Coin (TBTC) crypto-currency is based on an open-source platform that is an independent and self-managed financial system. Unlike, a central bank or financial institutions, the primary objective of the crypto-currency system is to offer financial security and income stability to the person. In a centralized financial system, we all get dependent on the bank. We save our hard earned money into the bank to secure a better future. In return, the bank imposes hidden fees and huge transaction charges that greatly impacts your investments and transactions.
TidBit Coin (TBTC) system is based on a Peer to Peer (P2P) network, that is, person to person with transactions taking place between them without any intermediate bank system. Peer to Peer P2P network offers a transparent, secure and safe non-government platform which depends on the latest, underlying blockchain technology. This system is obviously more fair, efficient and fast. You can use TidBit Coin (TBTC) across the globe. This gives you a real-time system to send and receive payment from any part of the world at any time 24x7.
The people who developed this open system are renowned entrepreneurs and expert professionals of the crypto-currency industry. The team consists of the best of digital marketers, designers and coders. All these professionals are world's best talents in their respective fields. We here bring you multiple opportunities for TidBit Coin (TBTC) investments that include trading and affiliate. You will understand the importance and fun once you acquire your TidBit Coin (TBTC). All the transactions will be transparent while maintaining the confidentiality of the investors. There are no hidden charges or third party involved and all transactions take place in real time from anywhere. Come, join us to extend our wonderful family of TidBit Coin (TBTC) investors and take your investments to the next level.
Crypterio is our view on the constantly growing ICO world. We’ve created and constantly update 3 useful lists: Active ICOs, Upcoming ICOs and Ended ICOs for everyone who is interested in ICOs and wants to stay current on the topic. The lists look like a kanban board (Inbox, In Progress, Done).
ICO List of Best New Initial Coin Offerings for Cryptocurrency Investors Top ICO List is curated by ICO analysts to bring you the best new ICO coins that are active, upcoming or in discounted pre ICO. Best choice for quality ICOs. Browse the ICO listings to discover our top initial coin offering picks. Click an ICO to read our ico reviews and ico ratings.
ATALIRA (ATL) is digital cash you can spend anywhere
our goal is to become the next-generation cryptocurrency exchange, fully utilizing the Blockchain technology, delivering propositions for new users of unparalleled value, and offering strong returns for investors. Ultimately, we wish to drive the creation of a new financial ecosystem grounded in the interactions between assets and Blockchain technology.