## ऑर्किड (OXT) क्या है?

ऑर्किड (OXT) ऑर्किड का मूल टोकन है, जो एक क्रिप्टोकरेंसी-संचालित वर्चुअल प्राइवेट नेटवर्क (वीपीएन) है।

दिसंबर 2019 में लॉन्च किया गया, ऑर्किड खुद को दुनिया का पहला प्रोत्साहन आधारित, पीयर-टू-पीयर गोपनीयता नेटवर्क बताता है।

इसका उद्देश्य किसी भी प्रतिभागी प्रदाता से बैंडविड्थ खरीदने के लिए क्रिप्टोकुरेंसी भुगतान का उपयोग करके इंटरनेट संबन्धित स्वतंत्रता सीमाओं को दूर करना है। यह तथाकथित संभाव्य नैनोपेमेंट्स का उपयोग करके किया जाता है, जो कि OXT का उपयोग करके करी जाती हैं, जो कि एथेरियम पर एक [ERC-20](https://coinmarketcap.com/alexandria/glossary/erc-20) मानक टोकन है।

प्रदाताओं को नियमित भुगतान चैन से बाहर होता है, जिससे ऑर्किड को भीड़भाड़ और [गैस शुल्क](https://coinmarketcap.com/alexandria/glossary/gas-price) की समस्याओं से [एथीरियम](https://coinmarketcap.com/hi/currencies/ethereum/) नेटवर्क पर बचने की सुविधा मिलती है।

सेवा भुगतान-प्रति-उपयोग है, जिसका अर्थ है कि उपयोगकर्ताओं को केवल मासिक या वार्षिक शुल्क का भुगतान करने के बजाय, वास्तव में कनेक्ट होने पर ही धन का योगदान करना होता है।

### ऑर्किड के संस्थापक कौन हैं?

ऑर्किड के चार सह-संस्थापक ब्लॉकचैन और वित्तीय क्षेत्रों से आते हैं। वे हैं डॉ. स्टीवन वाटरहाउस जो सीईओ हैं, जे फ्रीमैन, ब्रायन जे. फॉक्स और गुस्ताव सिमंसन।

वाटरहाउस क्रिप्टोकरेंसी के भीतर एक प्रसिद्ध व्यक्ति है, जिन्होने उद्यम पूंजी संगठन पैन्टेरा कैपिटल की सह-स्थापना भी की है, यह संस्था उद्योग की कुछ सबसे लोकप्रिय कंपनियों में निवेश कर चुकी है।

फ्रीमैन, सिडिया के निर्माता है, जो जेलब्रेक किए गए एपल उपकरणों के लिए एक वैकल्पिक एपल ऐप स्टोर है और वर्तमान में लगभग 30 मिलियन जेलब्रेक किए गए एपल उत्पादों द्वारा उपयोग किया जाता है।

फॉक्स संयुक्त राज्य के बैंक वेल्स फ़ार्गो की पहली इंटरैक्टिव ऑनलाइन बैंकिंग प्रणाली के निर्माण के लिए जिम्मेदार हैं, ये इनहोने 1990 के दशक के मध्य में बनाई थी।

सिमंसन, एथेरियम नेटवर्क के मुख्य सुरक्षा डेवलपर्स में से एक है, जिन्होने 2015 में इसके मूल लॉन्च में मदद करी थी।

आधिकारिक साहित्य के अनुसार, [सिम-स्वैप हमले](https://coinmarketcap.com/alexandria/glossary/sim-swap) का शिकार बनने के बाद वॉटरहाउस इंटरनेट गोपनीयता में सुधार की आवश्यकता के प्रति सतर्क हो गए, और वीपीएन तकनीक पर शोध करना शुरू कर दिया।

#### वह क्या है जो ऑर्किड को अद्वितीय बनाता है?

ऑर्किड के पीछे का मुख्य विचार मौजूदा वीपीएन अनुभव को ब्लॉकचैन तकनीक का उपयोग करके इसमें सुधार लाने का है।

क्रिप्टोकरेंसी-आधारित संभाव्य नैनो भुगतान का उपयोग करते हुए, उपयोगकर्ता गुमनाम वीपीएन उपयोग से लाभ उठा सकते हैं जो एक केंद्रीकृत सर्वर और किसी विशेष देश के बुनियादी ढांचे से जुड़े जोखिमों पर निर्भर नहीं करता है।

एक स्वतंत्र रूप से विनिमय योग्य ERC-20 टोकन के रूप में, OXT मालिकों के लिए नेटवर्क मूल्य को बढ़ाने और खरीदने के लिए एक व्यापारिक प्रोत्साहन भी प्रदान करता है।

एक अलग सुविधा उपयोगकर्ताओं को फिएट मुद्रा के साथ तथाकथित "ऑर्किड क्रेडिट" खरीदने की अनुमति देती है। इस मामले में, OXT की निकासी करके इसे किसी और चीज में परिवर्तित नहीं किया जा सकता है, इसे केवल नेटवर्क प्रदाताओं के साथ खर्च किया जा सकता है। यह उन लोगों से अपील करने के लिए डिज़ाइन किया गया है जो क्रिप्टोकरेंसी में लेनदेन नहीं करना चाहते हैं।

हालाँकि, ऑर्किड की अपील केवल क्रिप्टोकरेंसी उपयोगकर्ताओं के बीच नहीं है। डेवलपर्स बढ़ते भू-राजनीतिक तनाव और स्थानीय प्रतिबंधों के कारण इंटरनेट स्वतंत्रता के लिए बढ़ती प्रवृत्ति पर प्रकाश डाल रहे हैं।

वेब 3.0 तकनीक का उपयोग खुले इंटरनेट की कुछ झलक प्रदान करने के लिए किया जाता है, वैसे, जैसे इसकी कल्पना तब की गई थी जब 1990 के दशक की शुरुआत में उपभोक्ता की पहुंच मुख्यधारा में आने लगी थी।

##### संबन्धित पेज:

मिस्टीरियम के बारे में [यहाँ](https://mysterium.network/) अधिक जानें।

क्या आप क्रिप्टो जगत में नए हैं? CoinMarketCap के शैक्षिक संसाधनों के साथ वह सब कुछ देखें जो आपको जानना चाहिए, [यहां](http://coinmarketcap.com/alexandria/categories/crypto-basics)।

#### कितने ऑर्किड (OXT) सिक्के प्रचलन में हैं?

OXT के पास 1,000,000,000 (1 बिलियन) इकाइयों की आपूर्ति है। कोई मुद्रास्फीति नहीं है, लेकिन नियमित नेटवर्क फ़ंक्शन के हिस्से के रूप में OXT के संभावित टोकन बर्न द्वारा अपस्फीति की संभावना को बनाए रखा जाता है।

कुल आपूर्ति में से, 51.13% नेटवर्क प्रोत्साहन (ऑर्किड ट्रेजरी में रखा गया) और अन्य उद्देश्यों के लिए निर्धारित किए गए हैं। 17.3% टोकन भविष्य के टोकनों के लिए सीड सिंपल एग्रीमेंट (SAFT), SAFT 2a के लिए 4.49% और SAFT 2b में 3.38% के हिस्से के रूप में निवेशकों के पास गए।

शेष टोकन चार विकास टीमों के बीच वितरित किए जाएंगे। टोकन के उद्देश्य और गंतव्य के आधार पर कई निहित कार्यक्रम मौजूद हैं।

#### ऑर्किड नेटवर्क किस प्रकार सुरक्षित है?

OXT एथेरियम पर एक ERC-20 मानक टोकन है, और सुरक्षा जोखिम मुख्य रूप से हमलावर की ऑर्किड से ही उपयोगकर्ता डेटा प्राप्त करने की क्षमता के इर्द-गिर्द घूमते हैं।

यह देखते हुए कि भुगतान के लिए उपयोग किए जाने वाले प्लेटफॉर्म के स्मार्ट अनुबंधों में बहुत कम जानकारी निहित है, श्रृंखला में कमजोर लिंक ज्यादातर उपयोगकर्ता के पास होते हैं। जैसा कि डेवलपर्स ने नोट किया है, ऑर्किड का उपयोग करने के लिए टोकन खरीद में तीसरे पक्ष को शामिल करना — उदाहरण के लिए, प्रमुख एक्सचेंज — अंततः एक हमलावर को उपयोगकर्ता के एक्सचेंज वॉलेट में लेनदेन का पता लगाकर उसकी पहचान का पता लगा सकता है।

#### आप ऑर्किड (OXT) कहां से खरीद सकते हैं?

OXT बाइनेंस, क्रेकेन और कोइनबेस प्रो जैसे मुख्य एक्सचेंजों पर, क्रिप्टोकरेंसी, स्टेबलकोइन और फिएट जोड़ों के माध्यम से स्वतंत्र रूप से ट्रेड किए जाने के लिए उपलब्ध है।

आप बिटकोइन ([BTC](https://coinmarketcap.com/hi/currencies/bitcoin)) और अन्य क्रिप्टोकरेंसी कैसे खारीद सकते हैं, इसके विकल्पों से वाकिफ होने के लिए यहाँ [देखें](https://coinmarketcap.com/how-to-buy-bitcoin/)।

Binance

Orchid

Ledger

Coinbase

Trust Wallet

MetaMask

Atomic wallet

Ethereum

Shiba Inu

Chainlink

UNUS SED LEO

Uniswap

Liquity

Frontier

Polyhedra Network

Polymath

MyNeighborAlice

Artificial Liquid Intelligence

MAGA

Orbs

Pirate Nation

DODO

Gekko HQ

Panther Protocol

Convex FXS

Popsicle Finance

StakeVault.Network

Origin Protocol is one of Ethereum’s longest-standing DeFi projects, featuring a multichain feature set that unlocks vast opportunities for yield generation across the space. Origin’s products are built to be permissionless and composable, allowing for deep integration with novel primitives. All of Origin’s products streamline rewards to OGN stakers, cultivating a sustainable, user-first offering.

At its core proposition, Origin features:

Capital efficiency: Origin’s liquid staking products, Origin Ether and Origin Dollar, empower users to earn yield while retaining full capital control. The protocol’s unique Automated Redemption Manager (ARM) serves as a key liquidity hub for LST redemptions.

Vast composability: OETH’s robust peg and interoperability makes it an ideal building block for innovative DeFi strategies.

Broad access: Origin’s diverse integrations with partners such as EigenLayer and Pendle Finance, cater to power users and new entrants alike. Origin is built on core principles of seamless usability, cultivating one of the smoothest user experiences in the space.

Some of Origin Protocol’s key elements include:

Origin Ether (OETH): OETH is a leading liquid staking token that harnesses battle-tested mechanics to maintain a strong peg and vast composability for users. Users can mint OETH by depositing reserves of ETH. This ETH is staked to the Beacon Chain, with staking rewards distributed to users. OETH boasts broad DeFi integrations on ETH and leading Layer-2 networks.

Origin Dollar (OUSD): OUSD is a yield bearing stablecoin fully collateralized by reserves of USDT, USDC, and DAI. Users can deposit these stablecoins to mint OUSD, which generates yield. OUSD’s rebasing model automatically distributes rewards to holders’ wallets, removing the need for lockups and claiming rewards.

Automated Redemption Manager (ARM): The ARM is a groundbreaking platform that bolsters liquidity for redeemable assets, such as LSTs and LRTs. Users can take advantage of rapid redemptions for seamless swaps between leading LSTs and ETH with zero slippage.

Some of its key highlights include:

Versatile Utility: Origin’s product suite is deeply integrated across DeFi, allowing users to harness innovative instruments and opportunities. Origin Ether, for instance, is deeply integrated with the likes of Pendle and EigenLayer. Users can also take advantage of wOETH on leading L2 networks to explore more platforms and yield generating positions.

Transparent, best-in-class security: Both OUSD and OETH boast battle-tested, open-source codebases. Origin’s products have been rigorously audited by leading firms, including OpenZeppelin. Origin’s yield-generating products deliver yields without compromising on security, and feature rich analytics dashboards for users to monitor treasury flows and allocations.

Protocol Governance: Users can stake OGN for up to a year in exchange for non-transferable xOGN. xOGN accrues yield from a share of protocol fees earned by Origin’s products. xOGN holders can submit proposals, vote on active submissions, and vote on treasury allocations. This symbiotic structure creates a sustainable, rewarding governance system that upholds the core principles of decentralization.

World class team and investors: The project is led by serial entrepreneurs Matthew Liu and Josh Fraser, and seasoned team members from leading tech firms including PayPal, YouTube, Google, DropBox, etc. Origin has received backing from top investors such as Pantera Capital and Foundation Capital, as well as from individuals like Steve Chen, the founder of YouTube, and Alexis Ohanian, co-founder of Reddit.

Origin Protocol

Civic is a blockchain-based identity management solution that gives individuals and businesses the tools they need to control and protect personal identity information.

The platform is designed to change the way we think about identity verification by giving users more control over their personal data, while allowing them to access a wide range of services without needing to fork over excessive amounts of personal information.

Civic's identity verification solution uses distributed ledger technology to authorize identity usage in real time, and is used to sparingly share information with Civic partners after authorization by the user.

Unlike some other identity management services, Civic users store all their sensitive data on their mobile device. Users are able to authorize the sharing of specific personal data by providing a biometric signature through the Civic app.

The Civic ecosystem is enabled by a unique utility token known as the Civic token (CVC), which is used for the settlement of identity-related transactions between Civic participants — such as between a customer and service provider.

Users can earn CVC tokens for completing a variety of tasks, such as signing up for a service through the platform or introducing new users, while validators can earn CVCs for validating documents for service providers.

Civic was launched in 2018, following a sell-out initial coin offering (ICO) the year prior.

Civic

Bancor is an ecosystem of decentralized, open-source protocols that promote on-chain trading and liquidity.

Its main protocol, Carbon, is a decentralized trading protocol allowing users to perform automated trading strategies using custom on-chain limit orders and range orders, with the option of combining orders together to create automated buy low, sell high strategies.

By design, Carbon orders are irreversible on execution, easily adjustable directly on-chain, and resistant to MEV sandwich attacks. These capabilities give users an unprecedented level of control and automation to perform novel trading strategies on-chain.

Fast Lane, a separate open-source arbitrage protocol, allows any user to perform arbitrage between Bancor ecosystem protocols and external on-chain exchanges and redirect arbitrage profits back to the Bancor ecosystem.

All Bancor ecosystem protocols are governed by the BancorDAO via staked BNT.

Bancor

Storj, pronounced as “storage,” is an open-source cloud storage platform. Basically, it uses a decentralized network of nodes to host user data. The platform also secures hosted data using advanced encryption.

In a white paper published in December,2014, Storj was first introduced to the world as a concept. It was to be a decentralized peer-to-peer encrypted cloud storage platform.

Two years later, an updated white paper was published. Here, a decentralized network  — connecting users who need cloud storage space with those who have hard drive space to sell — was described. The platform was launched in late 2018.

People with hard drive space and good internet connectivity can participate in the network. They become a unit in the network, called a node. Space providers are rewarded by Storj tokens.

Storj

0x is an infrastructure protocol that allows users to easily trade ERC20 tokens and other assets on the many different blockchains (including Ethereum) without relying on centralized intermediaries. It is a protocol for decentralized exchange.

0x achieves this decentralized exchange functionality using a collection of open-source, publicly auditable smart contracts that work together to produce a flexible, low-friction trading protocol that developers can easily weave into their products.

The protocol is used by companies building web3 apps such as wallets, DEXes, portfolio trackes, and others. It is a used by hundreds of developers for their projects. The protocol has facilitates over $200B in trading volume since its inception. One can track its usage in its dedicated https://explorer.0x.org/.

The protocol is powered by an ERC20 governance token known as ZRX. ZRX holders can participate in protocol governance, having direct power over protocol changes and its community treasury.

0x Protocol

NKN (NKN), or New Kind of Network, is a network that focuses on creating a decentralized and open-source network protocol for public blockchain-based peer-to-peer (P2P) networks to share network bandwidth and internet connectivity. Its main objective is to address the challenges faced by today's internet, such as centralization, scalability issues and security concerns.

Ren (REN) is an open protocol built to provide interoperability and liquidity between different blockchain platforms.

To learn more about this project, check out our deep dive of Ren.

Formerly known as Republic Protocol, Ren launched RenVM, its virtual machine mainnet, in May 2020, having completed a $34 million initial coin offering (ICO) in 2018.

The protocol’s native token, REN, functions as a bond for those running nodes which power RenVM, known as Darknodes.

Ren aims to expand the interoperability, and hence accessibility, of decentralized finance (DeFi) by removing hurdles involved in liquidity between blockchains.

Band Protocol is a cross-chain data oracle platform that is able to take real-world data and supply it to on-chain applications, while also connecting APIs to smart-contracts to facilitate the exchange of information between on-chain and off-chain data sources.

By supplying reputable, verifiable real-world data to blockchains, Band Protocol unlocks a range of new use cases for developers to explore — since they can now use any type of real-world data as part of their decentralized application (DApp) logic, including sports, weather, random numbers, price feed data and more.

Band Protocol initially launched as an ERC-20 project on the Ethereum blockchain in September 2019, but transitioned to the Cosmos network in June 2020 with the release of Band Protocol 2.0. The new protocol is built on BandChain using the Cosmos SDK. Oracle nodes on BandChain not only relay data but are also involved in block production/validation, giving them a dual role.

BAND is the native token of the Band Protocol ecosystem and is used as collateral by validators involved in fulfilling data requests, as well as the main medium of exchange on BandChain — being used to paying for private data.

Band Protocol

UMA was founded in 2018 by Allison Lu and Hart Lambur, two ex Goldman Sachs traders, with the goal of making global markets universally fair, accessible, secure and decentralized.

The team drew inspiration from traditional finance derivatives to define an open-source protocol to allow anyone, anywhere, to design and build trustless financial contracts.

SKALE, described as a modular blockchain network, is designed to bring scalability to Ethereum. SKALE is the only blockchain network capable of running an unlimited number of fast, on-demand, pooled-security Blockchains with zero gas fees to end users. These individual chains are known as SKALE chains and can be dapp-specific or shared.

The project’s website says it wants to enable people to build and run DApps in a “decentralized modular cloud built for real-world needs and configured for your requirements.” This emphasis on decentralization isn’t at the expense of security.

According to SKALE, those who build on this platform can run Solidity smart contracts “thousands of times faster at a fraction of the mainnet cost” — with games and content streaming services among the projects that already take advantage of its infrastructure.

SKALE

Balancer is an automated market maker (AMM) that was developed on the Ethereum blockchain and launched in March 2020. It was able to raise a $3M seed round by Placeholder and Accomplice. Balancer protocol functions as a self-balancing weighted portfolio, price sensor and liquidity provider. It allows users to earn profits through its recently introduced token ($BAL) by contributing to customizable liquidity pools.

To learn more about this project, check out our deep dive of Balancer(https://coinmarketcap.com/alexandria/article/what-is-balancer.

The protocol operates a few types of pools:

Private pools give the owner governance over the pool, and make the person the sole contributor of liquidity to the pool. Also, all the parameters are mutable by the owner.

Shared pools are for those who want to become liquidity providers (LPs). The LPs are rewarded with the Balancer Pool Tokens (BPTs).

Smart pools are similar to private pools but are controlled by a smart contract. They also reward using BPTs and allow anyone to contribute liquidity to the pool.

Balancer

OMG Network, formerly known as OmiseGo, is a non-custodial, layer-2 scaling solution built for the Ethereum blockchain. As an Ethereum scaling solution, OMG Network is designed to allow users to transfer ETH and ERC20 tokens significantly faster and cheaper than when transacting directly on the Ethereum network.

The network is based on a novel scaling solution called MoreViable Plasma, which uses a sidechain architecture to group several transactions off-chain into a batch, which can then be verified as a single transaction on the Ethereum root chain. According to OMG Network, this technology has the potential to scale Ethereum to thousands of transactions per second (TPS) — instead of the 10 to 14 tps Ethereum 1.0 is currently capable of.

The network is powered by the OMG utility token, which can be used as one of the payment methods for fees on the OMG Network, and will eventually be stakable — helping to secure the network in return for rewards.

OMG Network

Basic Attention Token, or BAT, is the token that powers a new blockchain-based digital advertising platform designed to fairly reward users for their attention, while providing advertisers with a better return on their ad spend.

To learn more about this project, check out our deep dive of Basic Attention Token.

This experience is delivered through the Brave Browser, where users can watch privacy-preserving adverts and receive BAT rewards for doing so. On the other hand, advertisers can deliver targeted ads to maximize engagement and cut down losses due to ad fraud and abuse.

The Basic Attention Token itself is the unit of reward in this advertising ecosystem, and is exchanged between advertisers, publishers and users. Advertisers pay for their advertising campaigns in BAT tokens. Out of this budget, a small portion is distributed to advertisers, while 70% is distributed to users — whereas the intermediaries that typically drive up advertising costs are cut out of the equation to improve cost-efficiency.

Basic Attention Token launched in 2017 following one of the fastest sell-out initial coin offerings (ICOs) of all time, with the platform raising a total of $35 million in under a minute. Since then, it has rolled out its attention-based advertising experience to users in most countries through its Brave Rewards program.

As of November 2020, the United States, the United Kingdom and Canada had the most active advertising campaigns.

Basic Attention Token

What Is Ankr (ANKR)?

Ankr is a decentralized blockchain infrastructure provider that operates an array of nodes globally distributed across over 50 Proof-of-Stake networks. This infrastructure helps drive the growth of the crypto economy while powering a full suite of multi-chain tools for Web3 users:

Ankr Build
Ankr provides comprehensive blockchain developer solutions, including traditional APIs, a decentralized multi-chain network of public RPC nodes used to access blockchain data and execute code, and tools like Ankr Scan to view on-chain information across blockchains.

Ankr Earn
Ankr Earn makes staking, liquid staking, and other yield-earning opportunities easy and accessible to any crypto investor. Ankr creates the most scalable and decentralized staking infrastructure solution that aims to solve the capital inefficiency of Proof-of-Stake networks and similar blockchain consensus mechanisms.

Ankr Learn
Through Ankr’s learning tools, tutorials, and docs, anyone can become a better user or developer of blockchain-based systems.

Ankr

Numerai is an Ethereum-based platform allowing developers and data scientists to experiment and create machine learning models with improved reliability. The platform’s main goal is to bring decentralization to the data science field and allow developers to compete in creating effective machine learning prediction models.

Founded in late 2015 in San Francisco, Numerai claims to be the first hedge fund to launch a cryptocurrency on the market. Unlike traditional hedge funds, however, Numerai relies on the data and predictions produced by tournament participants to participate in the stock market. They claim to be the first hedge fund to use machine learning so heavily in its investment strategy.

Numeraire

Founded in 2015, StormX is one of the first global cryptocurrency-based solutions to reach worldwide markets. As a mobile app and browser extension, StormX aims to bring users cashback in crypto for most of their online purchases. With enterprise partners like Samsung, Nike and Lego. StormX also allows users to stake the native STMX token to boost their rewards.

The company has already attracted investments from Blockfolio, Litecoin Foundation and Kyber Network. StormX has successfully developed its product and has become an industry leader in the crypto cashback community. The company is also catching users’ attention by offering cashback of up to 87.5% for some purchases.

StormX

Ontology is a project designed to bring trust, privacy, and security to Web3 through decentralized identity and data solutions. It is building the infrastructure to provide trusted access to Web3, allowing individuals and enterprises to rest assured that through regulatory compliant digital identity solutions, users and their privacy come first.

The Ontology blockchain is a high speed, low cost public blockchain. It is designed to bring decentralized identity and data solutions to Web3, with the goal of increasing privacy, transparency, and trust. To achieve this, users and enterprises are provided with the flexibility to build blockchain-based solutions that suit their needs, while also ensuring regulatory compliance. Through Ontology’s Ethereum Virtual Machine (EVM), Ontology ensures frictionless compatibility with Ethereum, the first step in the creation of the Ontology Multi-Virtual Machine and further interoperability for the chain.

At its launch, Ontology chose to forego the popular initial coin offering (ICO) model in favor of a series of community distributions and airdrops of its ONT cryptocurrency.

This helped to quickly establish both organic price discovery and a passionate community and helped the project to avoid subsequent regulatory scrutiny.

For example, for a brief period any person who signed up for the Ontology newsletter received an airdrop of free 1,000 ONT, which reached a value of $10 per token soon after the token became listed on major exchanges like Binance.

Ontology launched its own MainNet on June 30, 2018 and has been up and running smoothly since.

Ontology

REQ is listed on Coinbase, Binance, crypto.com, KuCoin and many other exchanges.

The REQ token powers the Request Network open-source protocol via a few mechanisms: anti-spam; governance; staking; discounts; independency.

The Request (REQ) utility token, launched in 2017, ensures the performance and stability of the Request Network. The Request Network itself is an Ethereum-based decentralized payment system where anyone can request a payment and receive money through secure means. It removes the requirement for third parties in order to provide a cheaper, more secure payment solution that works with all global currencies.

The original whitepaper is available here.

When a user creates a request for payment, they define to which address the payment needs to be allocated and what the amount is. The user can also define the terms and conditions of the payment, upgrading a simple request into an invoice. Once this is completed, the user can share their request to be paid by their counterparty.

Every step is documented and stored on the Request Network, allowing everyone involved to easily keep track of all the invoices and payments for accounting purposes.

Request is also integrated with legislation across the world to remain compliant with the trade laws of each individual country.

Request

LRC is the Ethereum-based cryptocurrency token of Loopring, an open protocol designed for the building of decentralized crypto exchanges.

In 2020, the average daily trading volume of the entire cryptocurrency market fluctuated in the approximate range of $50-$200 million. Most of that trading is conducted on centralized cryptocurrency exchanges — online platforms operated by private companies that store users’ funds and facilitate the matching of buy and sell orders.

Such platforms have a number of downsides common to all of them, so a new type of exchange — decentralized— has emerged to try to alleviate these disadvantages. However, fully decentralized exchanges are not without their own flaws.

Loopring’s purported goal is to combine centralized order matching with decentralized on-blockchain order settlement into a hybridized product that will take the best aspects of both centralized and decentralized exchanges.

LRC tokens became available to the public during an initial coin offering (ICO) in August 2017, while the Loopring protocol was first deployed on Ethereum mainnet in December 2019.

Loopring

Apps use ICON to operate cross-chain seamlessly, build momentum and gain reputation. ICON's Cross-Chain Framework simplifies cross-chain development with its easy-to-use xCall messaging standard and connections to secure bridging protocols.