## थोरचैन (RUNE) क्या है?

थोरचैन एक विकेन्द्रीकृत तरलता प्रोटोकॉल है जो उपयोगकर्ताओं को इस प्रक्रिया में अपनी संपत्ति की पूर्ण हिरासत खोए बिना, नेटवर्क की एक श्रृंखला से दूसरी श्रृंखला में आसानी से क्रिप्टोक्यूरेंसी परिसंपत्तियों का आदान-प्रदान करने की अनुमति देता है।

थोरचैन के साथ, उपयोगकर्ता तरलता के स्रोत के लिए ऑर्डर बुक पर भरोसा किए बिना, बिना अनुमति के सेटिंग में बस एक संपत्ति को दूसरे के लिए स्वैप कर सकते हैं। इसके बजाय, बाजार की कीमतों को एक पूल में संपत्ति के अनुपात के माध्यम से बनाए रखा जाता है (देखें [स्वचालित बाजार निर्माता](https://coinmarketcap.com/alexandria/glossary/automated-market-maker-amm#:~:text=An%20automated%20market%20maker%20(AMM,operates%20in%20through%20automated%20trading.))

थोरचैन प्लेटफॉर्म का मूल उपयोगिता टोकन RUNE है। इसका उपयोग थोरचैन इकोसिस्टम में आधार मुद्रा के रूप में किया जाता है और इसका उपयोग थोरचैन के सिबिल प्रतिरोध तंत्र के हिस्से के रूप में प्लेटफॉर्म शासन और सुरक्षा के लिए भी किया जाता है - क्योंकि थोरचैन नोड्स को अपनी घूर्णन [सर्वसम्मति](https://coinmarketcap.com/alexandria/glossary/consensus) प्रक्रिया में भाग लेने के लिए न्यूनतम 1 मिलियन RUNE रखना जरुरी होता है।

थोरचैन को एक प्रारंभिक DEX ऑफरिंग [IDO] के माध्यम से वित्त पोषित किया गया था, जिसे जुलाई 2019 में [Binance DEX के माध्यम से लॉन्च किया गया था।](https://coinmarketcap.com/alexandria/glossary/decentralized-exchange-dex) इसका मेननेट मूल रूप से जनवरी 2021 में लॉन्च किया गया था, लेकिन एक मल्टी-चेन अपग्रेड वर्तमान में 2021 के लिए निर्धारित है।

### थोरचैन के संस्थापक कौन हैं?

थोरचैन के एक आधिकारिक प्रतिनिधि के अनुसार, मंच का कोई सीईओ, संस्थापक और कोई निदेशक नहीं है। इसके बजाय, मंच का आगे विकास Gitlab के माध्यम से आयोजित किया जाता है।

इसके शीर्ष पर, जो वर्तमान में परियोजना पर काम कर रहे हैं वे काफी हद तक गुमनाम हैं। फिर से, थोरचैन के एक आधिकारिक प्रतिनिधि ने कहा कि यह "परियोजना की रक्षा करना और यह सुनिश्चित करना है कि यह विकेंद्रीकृत हो सके।"

परियोजना का एक [ट्वीट](https://twitter.com/thorchain_org/status/1198720787785453568?lang=en) एक अज्ञात टीम के साथ एक परियोजना को बनाए रखने के पीछे के सिद्धांत पर कुछ प्रकाश डालता है, जैसा कि नीचे उद्धृत किया गया है:

"-> डेवलपर्स नोड्स के लिए शिपिंग कोड द्वारा काम करते हैं जो सिस्टम को अधिक मूल्यवान बनाता है।

-> नोड्स संपत्ति हासिल करने और ऑनलाइन होने के द्वारा, स्टेकर्स के लिए काम करते हैं।

-> स्टेकर स्वैपर्स के लिए बाजार में रखी गई पूंजी लाते हैं।

-> स्वैपर्स फीस का भुगतान करते हैं, आर्थिक गतिविधि लाते हैं।"

### क्या बनता है THORChain को सबसे अलग?

[थोरचैन "अस्थायी नुकसान"](https://coinmarketcap.com/alexandria/glossary/impermanent-loss) के मुद्दे को कम करने में मदद करने के लिए एक अनूठी प्रणाली का उपयोग करता है - या अक्सर अस्थायी नुकसान जो एक तरलता प्रदाता तरलता पूल में योगदान करते समय अनुभव कर सकता है। यह तरलता सुनिश्चित करने में मदद करने के लिए स्लिप-आधारित शुल्क का उपयोग करके ये सुनिचित करते है की तरलता वहां बनी रहे जहां इसकी आवश्यकता होती है।

इसके शीर्ष पर, थोरचैन क्रॉस-चेन टोकन स्वैप की सुविधा के लिए ऑन-वे स्टेट पेग्स, एक स्टेट मशीन, बिफ्रोस्ट साइनर मॉड्यूल और एक TSS प्रोटोकॉल सहित कई नई तकनीकों को जोड़ती है। यह सब पर्दे के पीछे रखा जाता है, जिससे मंच अनुभवहीन व्यापारियों के लिए भी सुलभ हो जाता है।

मंच लाभ-उन्मुख नहीं है। प्रोटोकॉल द्वारा उत्पन्न सभी शुल्क सीधे उपयोगकर्ताओं के पास जाते हैं, और टीम के लिए कोई प्रावधान नहीं हैं। इसके बजाय, केवल RUNE को होल्ड करके अपने आप को प्रोत्साहित कर सकती है, बिल्कुल हर किसी की तरह।

RUNE टोकन वर्तमान में कई ब्लॉकचेन पर उपलब्ध है, जिसमें Binance Chain (BEP-2 टोकन के रूप में) और Ethereum ([ERC-20](https://coinmarketcap.com/alexandria/glossary/erc-20) टोकन के रूप में) शामिल हैं।

#### संबन्धित पेज:

[Uniswap (UNI) देखें](https://coinmarketcap.com/hi/currencies/uniswap/) - लोकप्रिय Uniswap AMM के लिए गवर्नेंस टोकन।

[1inch (1INCH) देखें](https://coinmarketcap.com/hi/currencies/1inch/) - 1inch DEX एग्रीगेटर के लिए मूल टोकन।

[विकेंद्रीकृत नेटवर्क कितने विकेंद्रीकृत हैं](https://coinmarketcap.com/alexandria/article/how-decentralized-are-decentralized-networks) ? CoinMarketCap अलेक्जेंड्रिया के साथ पता करें।

क्या आपने [CoinMarketCap ब्लॉग](https://coinmarketcap.com/alexandria/categories/blog) देखा है?

### कितने THORChain (RUNE) कॉइन प्रचलन में हैं?

फरवरी 2021 तक, 500 मिलियन की कुल आपूर्ति में से 158.4 मिलियन RUNE प्रचलन में हैं।

जैसा कि हमने पहले छुआ था, थोरचैन ने शुरुआत में बिनेंस DEX पर [एक IEO के बाद लॉन्च किया था।](https://coinmarketcap.com/alexandria/glossary/initial-exchange-offering) IEO के हिस्से के रूप में, 20 मिलियन RUNE बेचे गए। इससे पहले, कुल 130 मिलियन RUNE पहले के फंडिंग राउंड में बेचे गए थे।

आधिकारिक [बिनेंस DEX प्रस्ताव के](https://community.binance.org/topic/357/proposal-to-list-thorchain-rune-on-binance-dex) अनुसार, कुल आपूर्ति का 10% (50 मिलियन टोकन) टीम को आवंटित किया गया था, और मेननेट के लॉन्च होने तक लॉक किया गया था – उसके बाद प्रति माह 20% पर अनलॉक किया गया।

थोरचैन में वर्तमान में 30% APR से शुरू होने वाला एमिशन कर्व है। यह दस वर्षों के बाद लगभग 2% APR को लक्षित करने के लिए निर्धारित है।

### थोरचैन नेटवर्क कैसे सुरक्षित है?

थोरचैन को कॉसमॉस SDK का उपयोग करके बनाया गया है और यह टेंडरमिंट सर्वसम्मति तंत्र द्वारा संचालित है। यह एक शुद्ध [बीएफटी](https://coinmarketcap.com/alexandria/glossary/51-attack) प्रूफ-ऑफ-स्टेक ([PoS](https://coinmarketcap.com/alexandria/glossary/byzantine-fault-tolerance-bft)) प्रणाली के माध्यम से नेटवर्क को [हमलों](https://coinmarketcap.com/alexandria/article/proof-of-work-vs-proof-of-stake) से सुरक्षित रखता है जो बड़ी संख्या में सत्यापनकर्ताओं को लेनदेन के ब्लॉक को प्रस्तावित और अंतिम रूप देने के लिए एक साथ काम करता है।

इसके अलावा, थोरचैन के [स्मार्ट अनुबंधों](https://coinmarketcap.com/alexandria/glossary/smart-contract) का ऑडिट कई तृतीय-पक्ष सुरक्षा फर्मों द्वारा किया गया है, जिनमें से एक Certik द्वारा भी शामिल है - जिसमें कोई भेद्यता नहीं पाई गई।

### आप थोरचेन (RUNE) कहां से खरीद सकते हैं?

RUNE एक लोकप्रिय क्रिप्टोक्यूरेंसी है जो बड़ी संख्या में केंद्रीकृत और विकेन्द्रीकृत दोनों एक्सचेंज प्लेटफॉर्म पर खरीदने और व्यापार करने के लिए उपलब्ध है। इनमें से सबसे प्रमुख हैं [Binance](https://coinmarketcap.com/hi/exchanges/binance/) (केंद्रीकृत) और [SushiSwap](https://blog.coinmarketcap.com/2020/09/16/bullish-activity-for-bitcoin-under-the-hood-of-the-sushiswap-saga-a-data-perspective-by-intotheblock/) (विकेंद्रीकृत)।

फरवरी 2021 तक, RUNE व्यापारिक जोड़े के अधिकतर जोड़े क्रिप्टो/क्रिप्टो जोड़े हैं। हालाँकि, RUNE को ProBit Exchange पर कोरियन वोन (KRW) और FTX पर US डॉलर (USD) से खरीदा जा सकता है। फिएट मुद्रा के साथ क्रिप्टोकरेंसी खरीदने के बारे में अधिक जानने के लिए, हमारे [लोकप्रिय गाइड को](https://coinmarketcap.com/how-to-buy-bitcoin/) देखें।

यहां कुछ अन्य लेख दिए गए हैं, जिनमें आपकी रुचि हो सकती है:

* [Crypto Faucet क्या है?](https://coinmarketcap.com/alexandria/article/what-is-a-crypto-faucet)
* [क्रिप्टो डेबिट कार्ड क्या हैं?](https://coinmarketcap.com/alexandria/article/what-are-crypto-debit-cards)
* [वेब 3.0 क्या है?](https://coinmarketcap.com/alexandria/article/what-is-web-3-0)
* [यील्ड फार्मिंग(Yield Farming) क्या है?](https://coinmarketcap.com/alexandria/article/what-is-yield-farming)
* [क्रिप्टो ऋण(Crypto Lending) क्या है?](https://coinmarketcap.com/alexandria/article/what-is-crypto-lending)

How THORChain Trading Impacts the Price of $RUNE: Flipside Crypto

Bridges of Ethereum County: Flipside Crypto

Binance

THORChain

Ledger

Binance Chain Wallet

Atomic wallet

Open Source Native Asset Infrastructure ⚡️Non-custodial Bitcoin to ETH swaps & more ⚡️Earn yield on your coins ⚡️Powering crypto's largest wallets & exchanges

Thorchain

Fantom is a directed acyclic graph (DAG) smart contract platform providing decentralized finance (DeFi) services to developers using its own bespoke consensus algorithm.

Together with its in-house token FTM, Fantom aims to solve problems associated with smart-contract platforms, specifically transaction speed, which developers say they have reduced to under two seconds.

The Fantom Foundation, which oversees the Fantom product offering, was originally created in 2018, with the launch of OPERA, Fantom’s mainnet, coming in December 2019.

Fantom is an open-source decentralized smart contract platform for DApps and digital assets that was created as an alternative to Ethereum. Fantom has the goal of overcoming the limitations of previous generation blockchains and balancing three components: scalability, security and decentralization. The project offers a set of tools to simplify the process of integrating existing DApps, as well as a detailed staking reward system and built-in DeFi instruments.

Fantom is a Layer-1 blockchain that uses a scratch-built consensus mechanism and independent consensus layer, Lachesis, to facilitate DeFi and related services on the basis of smart contracts. Lachesis provides security for other layers as well, including Opera, Fantom's EVM-compatible smart contract chain. The long-playing mission of the project is to “grant compatibility between all transaction bodies around the world.”

One of Fantom's key strengths is its performance and efficient transaction processing, namely thousands of transactions per second, where transactions are settled in 1-2 seconds, and the cost is fractions of a cent per transaction. As a result, Fantom provides higher scalability but at a lower cost.

The ecosystem is based on two main technologies: Lachesis protocol and Opera.

The Lachesis protocol is the core consensus layer that secures the Fantom network by providing both transaction speed and security.

Lachesis is an aBFT consensus engine that uses a directed acyclic graph (DAG) algorithm. How it works: network data can be processed at different times, and the network filters the participants, allowing only one third, which are allocated due to erroneous or malicious behavior, without compromising network processes.

Fantom's Asynchronous Byzantine Fault Tolerant (aBFT) Proof-of-Stake (PoS) consensus mechanism maintains the efficiency of the entire network, its design provides security at maximum speed. Fantom developers emphasize that the PoS mechanism is a leaderless phenomenon — there are no leaders of blocks and participants, and anyone can join (or leave) the network of nodes at a convenient moment.

The key qualities of Lachesis are: asynchronous, leaderless, Byzantine fault-tolerant, and near-instant finality.

As for Opera, it's an application development layer or Fantom's mainnet deployment platform, permissionless and open-source hosting DApps. Thanks to EVM integration and support for the Solidity programming language, Fantom has a full set of smart contract capabilities, which allows users to seamlessly interact with Ethereum platforms while maintaining the advantage of Fantom's transaction efficiency.

The Fantom Foundation concluded that removing block leaders improves network security, so Opera uses a PoS model and leaderless validators (validators do not determine which blocks are valid).

In addition to being a fast, secure and cheap payment platform that enables to make fast and secure payments at minimal cost, Fantom also features on-chain governance where users vote with FTM tokens (one token equals one vote). Of the features: users have the right to express the degree of agreement / disagreement on a scale from 0 to 4.

FTM is the native utility in-house PoS token of Fantom that powers the ecosystem and is applied for payments, network fees, staking, and governance. FTM forms the backbone of transactions, and allows fee collection and staking activities, along with the user rewards the latter represents.

Fantom

Arweave is a decentralized storage network that seeks to offer a platform for the indefinite storage of data. Describing itself as "a collectively owned hard drive that never forgets," the network primarily hosts "the permaweb" — a permanent, decentralized web with a number of community-driven applications and platforms.

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

The Arweave network uses a native cryptocurrency, AR, to pay "miners" to indefinitely store the network's information.

The project was first announced as Archain in August 2017, later rebranding to Arweave in February 2018 and officially launching in June 2018.

Arweave

Theta Network

Injective (INJ) is a blockchain built for finance. It is an open, interoperable layer-one blockchain powering next-generation DeFi applications, including decentralized spot and derivatives exchanges, prediction markets, lending protocols, and more.

Injective uniquely provides powerful core financial infrastructure primitives that applications can leverage, including a fully decentralized MEV-resistant on-chain orderbook. In addition, all forms of financial markets such as spot, perpetual, futures and options are fully on-chain. The decentralized cross-chain bridging infrastructure is compatible with Ethereum, IBC-enabled blockchains, and non EVM chains such as Solana.

Injective also provides a next-generation, highly interoperable smart contract platform based on CosmWasm, with advanced interchain capabilities. Injective is custom built with the Cosmos SDK and utilizes Tendermint-based Proof-of-Stake consensus mechanism, providing instant transaction finality with the ability to sustain lightning-fast performance (25,000+ TPS).

The Injective ecosystem includes 100+ projects and over 150,000 community members globally. Injective is backed by a group of prominent investors such as Binance, Pantera Capital, Jump Crypto and Mark Cuban.

Injective

Founded in 2017, Chainlink is a blockchain abstraction layer that enables universally connected smart contracts. Through a decentralized oracle network, Chainlink allows blockchains to securely interact with external data feeds, events and payment methods, providing the critical off-chain information needed by complex smart contracts to become the dominant form of digital agreement.

The Chainlink Network is driven by a large open-source community of data providers, node operators, smart contract developers, researchers, security auditors and more. The company focuses on ensuring that decentralized participation is guaranteed for all node operators and users looking to contribute to the network.

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

Chainlink

Avalanche is a layer one blockchain that functions as a platform for decentralized applications and custom blockchain networks. It is one of Ethereum’s rivals, aiming to unseat Ethereum as the most popular blockchain for smart contracts. It aims to do so by having a higher transaction output of up to 6,500 transactions per second while not compromising scalability.

This is made possible by Avalanche’s unique architecture. The Avalanche network consists of three individual blockchains: the X-Chain, C-Chain and P-Chain. Each chain has a distinct purpose, which is radically different from the approach Bitcoin and Ethereum use, namely having all nodes validate all transactions. Avalanche blockchains even use different consensus mechanisms based on their use cases.

After its mainnet launch in 2020, Avalanche has worked on developing its own ecosystem of DApps and DeFi. Different Ethereum-based projects such as SushiSwap and TrueUSD have integrated with Avalanche. Furthermore, the platform is constantly working on improving interoperability between its own ecosystem and Ethereum, like through the development of bridges.

Avalanche

In a nutshell, Cosmos bills itself as a project that solves some of the “hardest problems” facing the blockchain industry. It aims to offer an antidote to “slow, expensive, unscalable and environmentally harmful” proof-of-work protocols, like those used by Bitcoin, by offering an ecosystem of connected blockchains.

The project’s other goals include making blockchain technology less complex and difficult for developers thanks to a modular framework that demystifies decentralized apps. Last but not least, an Interblockchain Communication protocol makes it easier for blockchain networks to communicate with each other — preventing fragmentation in the industry.

Cosmos’ origins can be dated back to 2014, when Tendermint, a core contributor to the network, was founded. In 2016, a white paper for Cosmos was published — and a token sale was held the following year. ATOM tokens are earned through a hybrid proof-of-stake algorithm, and they help to keep the Cosmos Hub, the project’s flagship blockchain, secure. This cryptocurrency also has a role in the network’s governance.

Cosmos

NEAR Protocol is a layer-one blockchain that was designed as a community-run cloud computing platform and that eliminates some of the limitations that have been bogging competing blockchains, such as low transaction speeds, low throughput and poor interoperability. This provides the ideal environment for DApps and creates a developer and user-friendly platform. For instance, NEAR uses human-readable account names, unlike the cryptographic wallet addresses common to Ethereum. NEAR also introduces unique solutions to scaling problems and has its own consensus mechanism called “Doomslug.”

NEAR Protocol is being built by the NEAR Collective, its community that is updating the initial code and releasing updates to the ecosystem. Its declared goal is to build a platform that is “secure enough to manage high value assets like money or identity and performant enough to make them useful for everyday people.”

Flux, a protocol that allows developers to create markets based on assets, commodities, real-world events, and Mintbase, an NFT minting platform are examples of projects being built on NEAR Protocol.

NEAR Protocol

Aave

The Graph is an indexing protocol for querying data for networks like Ethereum and IPFS, powering many applications in both DeFi and the broader Web3 ecosystem. Anyone can build and publish open APIs, called subgraphs, that applications can query using GraphQL to retrieve blockchain data. There is a hosted service in production that makes it easy for developers to get started building on The Graph and the decentralized network will be launching later this year. The Graph currently supports indexing data from Ethereum, IPFS and POA, with more networks coming soon.

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

To date, over3,000 subgraphs have been deployed by thousands of developers, for DApps like Uniswap, Synthetix, Aragon, AAVE, Gnosis, Balancer, Livepeer, DAOstack, Decentraland and many others. The Graph usage has been growing at over 50% MoM and hit over 7 billion queries during the month of September 2020.

The Graph has a global community, including over 200 Indexer Nodes in the testnet and more than 2,000 Curators in the Curator Program as of October 2020. To fund network development, The Graph raised funds from community members, strategic VCs and influential individuals in the blockchain community including Coinbase Ventures, DCG, Framework, ParaFi Capital, CoinFund, DTC, Multicoin, Reciprocal Ventures, SPC, Tally Capital and others. The Graph Foundation also successfully completed a public GRT Sale with participation from 99 countries (not including the U.S.). To date as of November 2020, The Graph has raised ~$25M.

The Graph

Polygon (previously Matic Network) is the first well-structured, easy-to-use platform for Ethereum scaling and infrastructure development. Its core component is Polygon SDK, a modular, flexible framework that supports building multiple types of applications.

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

Using Polygon, one can create optimistic rollup chains, ZK rollup chains, stand alone chains or any other kind of infra required by the developer.

Polygon effectively transforms Ethereum into a full-fledged multi-chain system (aka Internet of Blockchains). This multi-chain system is akin to other ones such as Polkadot, Cosmos, Avalanche etc. with the advantages of Ethereum’s security, vibrant ecosystem and openness.

The $MATIC token will continue to exist and will play an increasingly important role, securing the system and enabling governance.

Polygon (formerly Matic Network) is a Layer 2 scaling solution backed by Binance and Coinbase. The project seeks to stimulate mass adoption of cryptocurrencies by resolving the problems of scalability on many blockchains.

Polygon combines the Plasma Framework and the proof-of-stake blockchain architecture. The Plasma framework used by Polygon as proposed by the co-founder of Ethereum, Vitalik Buterin, allows for the easy execution of scalable and autonomous smart contracts.

Nothing will change for the existing ecosystem built on the Plasma-POS chain. With Polygon, new features are being built around the existing proven technology to expand the ability to cater to diverse needs from the developer ecosystem. Polygon will continue to develop the core technology so that it can scale to a larger ecosystem.

Polygon boasts of up to 65,000 transactions per second on a single side chain, along with a respectable block confirmation time of less than two seconds. The framework also allows for the creation of globally available decentralized financial applications on a single foundational blockchain.

The Plasma framework gives Polygon the potential of housing an unlimited number of decentralized applications on their infrastructure without experiencing the normal drawbacks common on proof-of-work blockchains. So far, Polygon has attracted more than 50 DApps to its PoS-secured Ethereum sidechain.

MATIC, the native tokens of Polygon, is an ERC-20 token running on the Ethereum blockchain. The tokens are used for payment services on Polygon and as a settlement currency between users who operate within the Polygon ecosystem. The transaction fees on Polygon sidechains are also paid in MATIC tokens.

Polygon

RenderToken (RNDR) is a distributed GPU rendering network built on top of the Ethereum blockchain, aiming to connect artists and studios in need of GPU compute power with mining partners willing to rent their GPU capabilities out. Conceived in 2009 by OTOY, inc. CEO Jules Urbach and launched in 2017, RNDR held its first public token sale in October of that same year, followed by a private sale period lasting from January 2018 – May 2018, wherein a total of 117,843,239 RNDR were sold at a price of 1 RNDR = $0.25 USD equivalent of token.
During the private sale period, early adopters were onboarded onto the RNDR Beta Testnet, where beta node operators and artists worked collaboratively with the RNDR team in building and testing the network, up until its public launch on April 27th 2020.

Render

Polkadot is an open-source sharded multichain protocol that connects and secures a network of specialized blockchains, facilitating cross-chain transfer of any data or asset types, not just tokens, thereby allowing blockchains to be interoperable with each other. Polkadot was designed to provide a foundation for a decentralized internet of blockchains, also known as Web3.

Polkadot is known as a layer-0 metaprotocol because it underlies and describes a format for a network of layer 1 blockchains known as parachains (parallel chains). As a metaprotocol, Polkadot is also capable of autonomously and forklessly updating its own codebase via on-chain governance according to the will of its token holder community.

Polkadot provides a foundation to support a decentralized web, controlled by its users, and to simplify the creation of new applications, institutions and services.

The Polkadot protocol can connect public and private chains, permissionless networks, oracles and future technologies, allowing these independent blockchains to trustlessly share information and transactions through the Polkadot Relay Chain (explained further down).

Polkadot’s native DOT token serves three clear purposes: staking for operations and security, facilitating network governance, and bonding tokens to  connect parachains .

Polkadot has four core components:

Relay Chain: Polkadot’s “heart,” helping to create consensus, interoperability and shared security across the network of different chains;

Parachains: independent chains that can have their own tokens and be optimized for specific use cases;

Parathreads: similar to parachains but with flexible connectivity based on an economical pay-as-you-go model;

Bridges: allow parachains and parathreads to connect and communicate with external blockchains like Ethereum.

Polkadot

Immutable positions itself as the first layer-two scaling solution for NFTs on Ethereum. According to Immutable, its blockchain does away with Ethereum’s limitations like low scalability, a poor user experience, illiquidity, and a slow developer experience. Instead, users benefit from instant trading and massive scalability while enjoying zero gas fees for minting and trading NFTs without compromising user or asset security.

Thanks to this technology, users will be able to create and distribute assets like ERC-20 and ERC-721 tokens on a massive scale. Chris Clay, the game Director of Gods Unchained, a project already building on Immutable, stated that Immutable allows Gods Unchained to implement a new meta-system that was previously impossible. In this fashion, Immutable aims to create a world-class experience for users and developers alike.

Immutable

Stacks is a Bitcoin Layer for smart contracts; it enables smart contracts and decentralized applications to use Bitcoin as an asset and settle transactions on the Bitcoin blockchain.

Bitcoin is the largest, most valuable, and most durable decentralized asset. The Stacks layer unlocks $500B in BTC capital using the Bitcoin L1 as settlement for decentralized applications.

Stacks has knowledge of the full Bitcoin state, thanks to its Proof of Transfer consensus and Clarity language, enabling it to read from Bitcoin at any time.

All transactions on the Stacks layer are automatically hashed and settled on the Bitcoin L1. Stacks blocks are secured by 100% Bitcoin hashpower. In order to re-order Stacks blocks/transactions, an attacker would have to reorg Bitcoin.

Stacks

Synthetix is building a decentralized liquidity provisioning protocol that any protocol can tap into for various purposes. Its deep liquidity and low fees serve as a backend for many exciting protocols on both Optimism and Ethereum. Many user-facing protocols in the Synthetix ecosystem, such as Kwenta (Spot and Futures), Lyra (Options), Polynomial (Automated Options), and 1inch & Curve (Atomic Swaps), tap into Synthetix liquidity to power their protocols. Synthetix is built on Optimism and Ethereum mainnet. The Synthetix Network is collateralized by SNX, ETH, and LUSD, enabling the issuance of synthetic assets (Synths). Synths track and provide returns on the underlying asset without requiring one to directly hold the asset. This pooled collateral enables an array of on-chain, composable financial instruments backed by liquidity from Synthetix. Some of the most exciting upcoming releases from SNX are Perps V2, which hopes to enable low-fee on-chain futures trading through the usage of off-chain oracles, and Synthetix V3, which aims to rebuild the protocol to achieve its earliest goal, being a fully permissionless derivatives protocol. Learn more about Synthetix on their blog or by joining the SNX Discord.

The platform aims to broaden the cryptocurrency space by introducing non-blockchain assets, providing access to a more robust financial market.

Synthetix

Algorand is a self-sustaining, decentralized, blockchain-based network that supports a wide range of applications. These systems are secure, scalable and efficient, all critical properties for effective applications in the real world. Algorand will support computations that require reliable performance guarantees to create new forms of trust.

The Algorand mainnet became live in June 2019, and was able to handle almost 1 million transactions per day as of December 2020. Algorand transaction metrics can be viewed here. Algorand initial coin offering (ICO) was held in June 2019, with the Algorand price of $0.24 per token.

Algorand

VeChainThor (VET) is a versatile enterprise-grade L1 smart contract platform whose origins began in 2015. VeChain is known as a pioneer of real-world enterprise applications, and built a distributed platform powered by Internet of Things (IoT) technologies, NFC chips and blockchain to help various industries solve data-related challenges.

VeChain solves major blockchain adoption hurdles. The platform uses an intelligent two token model, VET and VTHO, separating the protocol's Store of Value and gas fee payment mechanisms, ensuring costs can be kept low and stable. Fee delegation allows smart contracts to pay gas fees on behalf of business users, and an advanced transaction model allows data to be packaged more efficiently while ensuring finality of data.

VeChain is focused on delivering a wave of incentive-based sustainability dApps through its new platform, VeBetterDAO, working closely with Boston Consulting Group to achieve adoption across enterprise and individual users, and helping  onboard the next billion users to Web3 over the coming decade.

From supply chains to sustainability, VeChain has continuously demonstrated its leading role as a driver of blockchain in business, and is dedicated to its role as a pioneer of driving real world adoption of blockchain technology.

VeChain

MultiversX is a blockchain protocol that offers true horizontal scalability by using all aspects of sharding (Network, Transaction & State). The project describes itself as a technology ecosystem for the new internet, which includes decentralized finance, real world assets and the Metaverse. Its smart contracts execution platform is reportedly capable of up to 100,000 transactions per second, 6-second latency and a $0.002 transaction cost.

MultiversX is governed and secured through the EGLD token. EGLD, or Electronic Gold, is MultiversX's native token. It acts as a store of value currency to pay for network usage. The coin also serves as a medium of exchange between platform users and validators. Users pay transaction fees in EGLD and validators participate in the consensus process.

EGLD allows developers to deploy smart contracts, protocols, and dApps on the platform. It empowers participants to perform any network action. Through staking and validation rewards, as well as transaction fees, EGLD manages the MultiversX network. Plus, EGLD is endowed with the functionality of a governance token, so its holders can vote on network decisions.

MultiversX

Enjin Coin is a project of Enjin, a company that provides an ecosystem of interconnected, blockchain-based gaming products. Enjin's flagship offering is the Enjin Network, a social gaming platform through which users can create websites and clans, chat, and host virtual item stores.

Enjin allows game developers to tokenize in-game items on the Ethereum blockchain. It uses Enjin Coin, an ERC-20 token, to back the digital assets issued using its platform, meaning that items can be bought, sold and traded with real-world value.

Enjin Coin was first announced in July 2017, and it launched on the Ethereum mainnet in June 2018.

Enjin Coin (ENJ) is a digital store of value used to back the value of blockchain assets like non-fungible tokens (NFTs).
Every asset minted with the Enjin Platform contains ENJ, a minting resource which is locked inside NFTs and removed from circulation. Minting blockchain assets with ENJ provides a variety of benefits to creators and users:

Infuses them with a reserve value

Ensures their transparency and scarcity

Gives them instant liquidity

Provides utility in games and apps

Anti-inflationary

Enjin's "melting" functionality allows users to destroy their blockchain assets at any time to retrieve the ENJ value from within.

The Enjin blockchain ecosystem aims to offer software products that make it easy for everyone to develop, trade, monetize, and market with blockchain.

Founded in 2009, Enjin has roots in the gaming industry, with the company’s first product, a gaming community platform called the Enjin Network, growing to 20 million users over the course of a decade.

In 2017 following an ICO, Enjin established itself as a leading blockchain ecosystem developer, building a suite of software products that enable anyone to easily mint, manage, trade, distribute, and integrate blockchain assets.

Enjin’s co-founder Witek Radomski wrote the code for one of the first ever non-fungible tokens (NFTs) and is also the co-author of the ERC-1155 Ethereum token standard.

Built on top of an on-chain infrastructure, the Enjin ecosystem enables game developers and businesses of all sizes to use tokenized digital assets as part of their acquisition, retention, engagement, and monetization strategies. The Enjin ecosystem is fueled by Enjin Coin (ENJ), a cryptocurrency used to back the value of blockchain assets.