Created in 2012, Bytecoin (BCN) describes itself as a private, decentralized cryptocurrency with an open source code. The main goal of the project is to facilitate fast, anonymous, and untraceable transactions. Bytecoin claims to be the first project to implement CryptoNote technology. Its security reportedly comes from using ring signatures to protect a sender's identity and unlinkable addresses to prevent blockchain analysis. Bytecoin claims to have a block time of 2 minutes and adaptive parameters that are designed to make it easy to mine. Recent additions to Bytecoin technology include Auditable Wallets, which reportedly enables secure, publicly observable deposits, and Blockchain Gateways, a means of connecting Bytecoin's blockchain with other blockchains.

Bytecoin

Kin is a decentralized cryptocurrency that was created in 2017 by Kik Inc.

Kin was initially launched on the Ethereum blockchain. In 2020, Kin migrated to the Solana blockchain in order to achieve lower transaction fees and greater scalability.

Notably, Kin has zero inflation. The Kin supply is fully distributed and no additional Kin tokens will enter circulation.

In 2020, Kik Inc agreed to a mutual settlement with the United States SEC in which Kin was not required to be registered as a security, making it one of the few cryptocurrencies with such regulatory clarity.

Revain is an online platform for Ethereum blockchain-based tokens reviews, designed to allow developers to receive constructive feedback about their projects. The protocol also incentivizes authors to provide high-quality reviews.

Revain was the first platform to combine the features of traditional review sites and blockchain technology. Revain’s ultimate goal is to create a legitimate and genuine feedback structure for all global products and services that utilize emerging technologies, such as machine learning and blockchain.

Revain implements artificial intelligence tools and a manual review system to ensure the high quality of reviews. The core features of the protocol include:

Legitimate reviews: Revain uses only original content from a diverse range of experts on its website.

Stable system: the protocol runs on two different tokens, the REV and the RVN, allowing for smooth functioning of the system. The RVN token helps facilitate interactions between users on the platform.

Immutable information: The system does not allow both regular users and Revain itself to edit the information of other users.

Revain

X-CASH

BitKan

BitShares Blockchain is a decentralized “Blockchain as Organization” (BaO); an industrial-grade decentralized open source platform built to run high-performance financial technology operations. It represents the first decentralized autonomous decentralized community that enables its core utility token (BTS) holders to decide the Blockchain future direction in order to develop and maintain a wide range of decentralized financial technology products, features and functions. BitShares Blockchain is a Blockchain that permanently records financial technology operations between different Blockchain accounts and facilitates a wide range of access controls across BitShares Blockchain user financial means.

BitShares Blockchain is a technology that supports the digital generation entrepreneurs, investors, and developers with a common interest in building and participating in free market solutions by leveraging the power of globally decentralized consensus and decision making. Consensus technology has the power to do for economics what the internet did for information. It can harness the combined power of all humanity to coordinate the discovery and aggregation of real-time knowledge, previously unobtainable. This knowledge can be used to more effectively coordinate the allocation of resources toward their most productive and valuable use.

BitShares looks to extend the innovation of the Blockchain to all industries that rely upon the internet to provide their services. Whether its banking, stock exchanges, lotteries, voting, music, auctions or many others, a digital public ledger allows for the creation of distributed autonomous companies (or BaO) that provide better quality services at a fraction of the cost incurred by their more traditional, centralized counterparts. The advent of (BaO) ushers in a new paradigm in organizational structure in which companies can run without any human management and under the control of an incorruptible set of business rules. These rules are encoded in publicly auditable open source software distributed across the computers of the companies’ shareholders, who effortlessly secure the company from arbitrary control. BitShares does for business what bitcoin did for money by utilizing distributed consensus technology to create companies that are inherently global, transparent, trustworthy, efficient and most importantly profitable.

BitShares has went through many changes and has done its best to stay on top of Blockchain technology. BitShares is using Consensus as the mechanism by which organized people decide upon unitary rational action. While not considered technology in the traditional since, consensus “technology” is the basis of democratic governance and the coordination of free market activity first coined by Adam Smith as the “Invisible Hand.” The process of consensus decision-making allows for all participants to consent upon a resolution of action even if not the favored course of action for each individual participant. Bitcoin was the first system to integrate a fully decentralized consensus method with the modern technology of the internet and peer-to-peer networks in order to more efficiently facilitate the transfer of value through electronic communication. The proof-of-work structure that secures and maintains the Bitcoin network is one manner of organizing individuals who do not necessarily trust one another to act in the best interest of all participants of the network. The BitShares ecosystem employs Delegated Proof of Stake in order to find efficient solutions to distributed consensus decision making.

BitShares

Verge is a privacy-focused cryptocurrency and blockchain that seeks to offer a fast, efficient, decentralized payments network that improves upon the original Bitcoin (BTC) blockchain. It includes additional privacy features including integrating the anonymity network Tor into its wallet, called vergePay, and providing the option of sending transactions to stealth addresses.

The project describes itself as community-driven, relying on volunteers and priding itself on being open source.

Verge was first launched in October 2014 as DogeCoinDark, a fork of Peercoin (PPC). In February 2016, it was renamed Verge in order to rebrand for easier mass-market adoption and to distinguish itself from Dogecoin (DOGE), with which it has no direct connection. The project is now based on the Bitcoin source code.

Verge

Hifi (formerly Mainframe) is a Lending Protocol that allows anyone to borrow against their crypto. Hifi uses a bond-like instrument, representing an on-chain obligation that settles on a specific future date. Buying and selling the tokenized debt enables fixed-rate, fixed term lending and borrowing — something much needed in decentralized finance today. It is anticipated that a ticker symbol change will occur alongside future iterations on the Hifi Lending Protocol.

Mainframe Token (MFT) is the native utility token that is used for:

Governance votes

Staking to ensure the safety of the protocol

Rewarding contributors to the ecosystem

What can you do with the Hifi Lending Protocol:

Borrow:  Lock collateral in a vault to mint fixed-rate, fixed-term debt tokens.  These debt tokens can be swapped for instant liquidity allowing users to leverage long, yield farm, or pursue other strategic trades without selling their collateral tokens.

Lend:  Buy fixed-rate, fixed-term debt tokens for a discount.  When the term expires they can be redeemed for face value, earning lenders a predictable return on their investment.

Provide Liquidity:  Earn trading fees by providing liquidity between debt tokens and stablecoins on an Automated Market Maker (AMM).

Mainframe

DigiByte (DGB) is an open source blockchain and asset creation platform. Development began in October 2013 and the genesis block of its DGB token was mined in January 2014 as a fork of Bitcoin (BTC).

A longstanding public blockchain and cryptocurrency, DigiByte uses five different algorithms to improve security, and originally aimed to improve on the Bitcoin blockchain’s security, capacity and transaction speed.

DigiByte consists of three layers: a smart contract “App Store,” a public ledger and the core protocol featuring nodes communicating to relay transactions.

DigiByte

Litecoin Cash

Launched in 2017, Dent is a revolutionary digital mobile operator offering eSIM cards, mobile data plans, call minutes top-ups and a roaming-free experience. According to the company website, Dent employs blockchain technology’s powers to create a global marketplace for mobile data liberalization.

Dent has an ambitious roadmap ahead, with plans to expand its services to new markets by the end of 2021. The company has already attracted more than twenty-five million mobile device users, and Dent services are available in more than 140 countries. Enterprise partnerships for Dent include Samsung Blockchain, The Enterprise Ethereum Alliance and Telecom Infra.

Dent

Siacoin (SC) is the native utility token of Sia, a blockchain-based distributed, decentralized cloud storage platform. Sia acts as a secure, trustless marketplace for cloud storage in which users can lease access to their unused storage space. Agreements and transactions are enforced with smart contracts, and Siacoin is the medium of exchange for paying for storage on the network. The main goal of the project is to become the "backbone storage layer of the internet."

Sia was originally announced in May 2014 before being revised and re-announced a year later in May 2015. It officially launched in June 2015.

Siacoin

WINkLink

SmartCash

Bytom

Nimiq is designed to make cryptocurrencies easy to use for everyone without compromising decentralization. Nimiq is the only blockchain where users always participate directly by default. In comparison to the likes of Bitcoin and Ethereum where the default is to use a third-party node to connect to the network. Learn more: https://youtu.be/dA40oyDVtqs

Team Nimiq invented Nimiq OASIS, the DeFi crypto-fiat bridge! Atomic swaps between crypto like NIM and BTC (ETH coming soon) and fiat currencies like EUR (USD next) with no personal information are now possible. Earned swap fees are converted to NIM and held to create scarcity. See how it works: https://youtu.be/Spp_Be4dHaM

Nimiq created Albatross, a new, super fast Proof-of-Stake consensus algorithm that will launch with Nimiq 2.0, the next version of the Nimiq Blockchain. We expect ~1000 TPS and finality in one second, pushing Nimiq 2.0 to the theoretical limits of single chain blockchain protocols. Energy consumption will also be reduced to less than 1% (compared to current Nimiq POW) with this upgrade. Try out the demo: https://www.nimiq.com/albatross/

Nimiq’s “super-halving” coming soon! The transition to Nimiq 2.0 will reduce the emission rate from currently ~3000 NIM to only ~525 NIM per minute. Calculate your rewards using the Staking Calculator: https://www.nimiq.com/staking-calculator/

Join the friendly Nimiq Community to ask questions and learn more: https://www.nimiq.com/community/

Nimiq

Peercoin, also known as PPC or Peer-to-Peer Coin, was created by Sunny King and his team and launched in August 2012. It is the first blockchain to implement Proof-of-Stake consensus.

The primary inspiration behind the creation of Peercoin was to address a number of perceived shortcomings of Bitcoin, including energy efficiency, security and sustainability, decentralization and long-term viability.

Essentially it was designed as an enhanced replacement for Bitcoin. As such, it was originally forked from Bitcoin and uses the same UTXO style blockchain. However, Peercoin's code was modified to introduce Proof-of-Stake as its primary consensus protocol. The next section explains how this makes for a better blockchain.

Given that Peercoin uses most of the same code, it can easily port new features from Bitcoin and utilize any of the supporting infrastructure, including tech advancements like Taproot or Lightning Network. Peercoin is the only Proof-of-Stake blockchain that uses modern Bitcoin code, making it the perfect drop-in replacement.

Peercoin also has a dedicated community, is actively developed, fairly distributed, has low barriers of participation, can do everything that Bitcoin does, minus the 13 TWh of energy usage, and it's not a scam.