## Что такое Helium IOT?

Helium IoT представляет собой новаторский подход к созданию децентрализованной инфраструктуры беспроводной сети, используя технологию блокчейна для того, чтобы физические и юридические лица могли строить и управлять своими собственными беспроводными сетями. Эта инициатива поддерживается системой стимулов на основе токенов, главным из которых является HNT. Кроме того, сеть использует токены IOT и MOBILE для поддержки своих сетей LoRaWAN и 5G соответственно.

Сеть Helium отличается тем, что работает на децентрализованной модели, что контрастирует с традиционными, централизованными беспроводными сетями. Эта децентрализация способствует созданию и поддержанию распределенной экосистемы беспроводной сети, где участники вознаграждаются за вклад ресурсов. Эта модель не только демократизирует доступ к беспроводной связи, но и обеспечивает масштабируемую и безопасную инфраструктуру за счет включения блокчейна Solana, известного своей высокой пропускной способностью и надежными функциями безопасности.

Сеть поддерживает широкий спектр сценариев использования, от подключения устройств IoT через сеть LoRaWAN до высокоскоростной мобильной связи через 5G. Эта универсальность стала возможной благодаря инновационному использованию стимулирования токенами, которое поощряет рост и участие в сети. Ключевым элементом этой системы является алгоритм консенсуса Proof-of-Coverage (PoC), который вознаграждает участников за проверку покрытия и целостности сети.

По мере того как сеть Helium продолжает расширять свое глобальное присутствие, она открывает новые возможности для пользователей, разработчиков и организаций инновировать и разрабатывать новые приложения и услуги. Это расширение не только означает увеличение размера сети, но и революционизацию ландшафта беспроводной связи, делая подключение более доступным для всех.

Токен IOT, выступающий в качестве управляющего токена для подсетей LoRaWAN IoT, добывается IOT-хотспотами как через доходы от передачи данных, так и через Proof of Coverage. Этот механизм обеспечивает надежность, безопасность и непрерывное расширение сети, движимое участием сообщества и общей целью демократизации беспроводной инфраструктуры.

Прежде чем рассматривать возможность инвестирования в любые криптовалюты, включая те, что связаны с сетью Helium, крайне важно провести тщательное исследование. Мир криптовалют очень волатилен

### Как обеспечивается безопасность Helium IOT?

Сеть Helium использует многоаспектный подход к безопасности, сочетая в себе преимущества технологии блокчейн с мерами безопасности, специфичными для оборудования, чтобы обеспечить надежную и безопасную инфраструктуру для устройств IoT. В основе ее системы безопасности лежит использование блокчейна Solana, который известен своей высокой масштабируемостью, низкой задержкой и сильными функциями безопасности. Это основание блокчейна обеспечивает неизменяемый регистр, гарантируя, что все транзакции и обмен данными в сети надежно записываются и устойчивы к подделке.

Для дальнейшего усиления безопасности сеть Helium вводит стимулирование токенами как ключевой механизм. Участники сети вознаграждаются HNT, основным токеном, за различные действия, которые способствуют росту и безопасности сети. Это включает развертывание узлов, передачу данных и участие в уникальном механизме консенсуса сети, Proof-of-Coverage (PoC). PoC специально разработан для подсетей LoRaWAN и 5G, вознаграждая узлы за проверку и обеспечение покрытия беспроводной сети. Эта модель стимулирования не только способствует широкому участию, но и способствует созданию саморегулируемой и безопасной среды сети.

Кроме того, сеть использует устройства с аппаратным обеспечением безопасности для предотвращения несанкционированного доступа и обеспечения целостности сети. Эти устройства критически важны для работы сетей LoRaWAN и 5G, обеспечивая безопасные каналы связи для устройств IoT и мобильной связи.

Сеть Helium также поддерживает использование токенов IOT и MOBILE для конкретных подсетей, дополнительно расширяя свой экосистему и улучшая функциональность сети. Например, токен IOT служит управляющим токеном для подсетей IoT LoRaWAN, добываемым через доходы от передачи данных и деятельность Proof of Coverage.

В заключение, безопасность сети Helium обеспечивается ее основой на блокчейне, стимулированием токенами, устройствами с аппаратным обеспечением безопасности и уникальным механизмом консенсуса. Эти элементы работают вместе, чтобы предоставить масштабируемую, безопасную и децентрализованную инфраструктуру для беспроводной связи, обслуживая широкий спектр случаев использования от устройств IoT до высокоскоростной мобильной связи.

### Как будет использоваться Helium IOT?

Сеть Helium, децентрализованная блокчейн-базированная беспроводная инфраструктура, преобразует способы, которыми люди и организации подключаются и взаимодействуют с Интернетом вещей (IoT) и мобильными устройствами. В основе этого нововведения лежит использование токенов, в частности HNT, IOT и MOBILE, для стимулирования создания, расширения и принятия беспроводных сетей. Эти токены играют ключевую роль в облегчении работы сетей LoRaWAN для устройств IoT и сетей 5G для мобильной связи, используя высокую масштабируемость, низкую задержку и надежную безопасность блокчейна Solana.

Токен IOT, в частности, выполняет несколько функций в сети Helium. Он действует как токен управления для подсетей LoRaWAN IoT, позволяя держателям токенов участвовать в процессах принятия решений, которые влияют на развитие и политику сети. Эта модель управления гарантирует, что сеть остается децентрализованной и согласованной с интересами ее пользователей и участников.

Кроме того, токен IOT имеет важное значение в работе сетей LoRaWAN и 5G на платформе Helium. Он добывается IoT-хотспотами через доходы от передачи данных и алгоритм консенсуса Proof of Coverage (PoC). Алгоритм PoC - уникальная особенность сети Helium, вознаграждающая участников за проверку и обеспечение покрытия беспроводной сети. Этот механизм стимулирования поощряет рост сети, вознаграждая тех, кто способствует ее расширению и надежности.

Подход сети Helium к децентрализованной инфраструктуре, в сочетании с ее масштабируемым и безопасным основанием на блокчейне Solana, поддерживает широкий спектр случаев использования. От устройств IoT, подключающихся через сеть LoRaWAN, до высокоскоростной мобильной связи через 5G, сеть разработана для удовлетворения разнообразных потребностей современного цифрового мира. По мере роста сети открываются новые возможности для инновационных приложений и услуг, дальнейшее демократизируя доступ к связи и революционизируя ландшафт беспроводной коммуникации.

В заключение, токен IOT является ключевым компонентом сети Helium, обеспечивая управление, облегчая операции сети и стимулируя участие и рост. Его роль подчеркивает приверженность сети к децентрализованной, безопасной и масштабируемой беспроводной инфраструктуре, которая поддерживает множество случаев использования и оп

### Какие ключевые события произошли для Helium IOT?

Сеть Helium пережила несколько ключевых моментов, которые значительно способствовали ее росту и развитию в области подключения Интернета вещей (IoT). Эти события подчеркивают расширяющееся влияние сети в различных секторах и ее инновационный подход к децентрализованной беспроводной инфраструктуре.

Одним из заметных вех стало вхождение сети на рынок Латинской Америки. Это расширение не только увеличило географическое присутствие сети, но и открыло новые возможности для приложений IoT в регионе с растущим спросом на подключенные устройства и услуги. Шаг в Латинскую Америку представляет собой стратегический шаг к достижению глобального охвата и доступности.

В сельскохозяйственном секторе сеть Helium нашла инновационные применения, такие как разработка проектов, направленных на улучшение сельскохозяйственных практик с помощью технологии IoT. Используя низкую стоимость подключения сети, фермеры теперь могут развертывать датчики и устройства для мониторинга урожая, скота и условий окружающей среды в реальном времени, что приводит к повышению эффективности и продуктивности.

Отслеживание активов и приложения для умных городов - еще одна область, где сеть Helium сделала значительные продвижения. Способность сети обеспечивать надежное и экономически эффективное подключение позволила развертывать решения для отслеживания ценных активов, а также разработку инициатив умного города, направленных на улучшение городской жизни через подключенные устройства и услуги.

Рост сети Helium дополнительно стимулировался привлечением новых пользователей и организаций. Этот приток участников привел к созданию разнообразных и инновационных приложений и услуг, демонстрируя универсальность сети и ее потенциал для нарушения традиционных решений подключения.

Управление играет ключевую роль в сети Helium, при этом токен IOT служит токеном управления для подсетей LoRaWAN IoT. Эта система на основе токенов не только стимулирует участие, но и дает пользователям право голоса в развитии и направлении сети.

Основа сети на блокчейне Solana обеспечивает высокую масштабируемость, низкую задержку и надежную безопасность, делая ее привлекательной платформой для развертывания беспроводных сетей. Алгоритм консенсуса Proof-of-Coverage является уникальной особенностью, которая вознаграждает участников за проверку покрытия сети, дополнительно стимулируя



What is the project about?
The Helium Network is a decentralized, blockchain-based wireless infrastructure project that allows individuals and organizations to deploy and operate wireless networks through token incentivisation. It leverages the Solana Blockchain for its foundation. The primary token powering the network is HNT, while IOT and MOBILE tokens are used to facilitate the LoRaWAN and 5G networks, respectively.

What makes your project unique?
Decentralized Infrastructure: The Helium Network allows for the creation and maintenance of a distributed wireless network by incentivizing participants to contribute resources and share the benefits.
Scalable and Secure: The network leverages the Solana Blockchain, which is known for its high scalability, low latency, and robust security.
Multi-Use Case Support: The Helium Network supports various use cases, including IoT devices through the LoRaWAN network and high-speed mobile connectivity via the 5G network.
Incentivized Participation: The Helium Network employs a token-based system to reward participants and encourage network growth.
Proof-of-Coverage (PoC): A unique consensus algorithm employed by the LoRaWAN and 5G subnetworks, which rewards participants for verifying wireless network coverage.

What’s next for your project?
Today, the Helium Network is a rapidly growing decentralized wireless infrastructure with a global footprint. It continues to attract new users, developers, and organizations, paving the way for innovative applications and services. As the network expands, it aims to revolutionize the wireless communication landscape and further democratize access to connectivity

What can your token be used for?
The IOT token is the Governance token of the LoraWAN IOT Subnetworks, mined by IOT Hotspots through both data transfer proceeds as well as Proof of Coverage.

Helium IOT

SolFlare

Backpack

Phantom

Welcome to Helium IOT's Community channel aggregated by CoinMarketCap.

Solana

dogwifhat

Pyth Network

Jupiter

BOOK OF MEME

Solama

Lido Staked SOL

Nyan Heroes

Slothana

Gari Network

Solanium

Solend

Silly Dragon

Aurory

Only1

BOOK OF AI MEOW

Kitten Haimer

CatWifHat

Giko Cat

ThoreCoin

Helium Mobile

Helium (HNT) is a decentralized blockchain-powered network for Internet of Things (IoT) devices.

Launched in July 2019, the Helium mainnet allows low-powered wireless devices to communicate with each other and send data across its network of nodes.

Nodes come in the form of so-called Hotspots, which are a combination of a wireless gateway and a blockchain mining device. Users who operate nodes thus mine and earn rewards in Helium’s native cryptocurrency token, HNT.

Helium’s goal is to prepare IoT communication for the future, identifying inadequacies in current infrastructure from its birth in 2013.

Helium

DIMO

Deeper Network is backed by Parity, AU21, Digital Renaissance, Master Ventures, Brilliance Ventures, Loopring, SevenX Ventures, UVA, YOUBI Capital, GOBI Partners, CANDAQ, Blocksync Ventures, Republic, ChinaPolka, Titan Ventures, Consensus Lab, Spark Digital Capital and BMW Capital.

Deeper Network also has partnerships with Polkadot, Best Buy, Amazon, Indiegogo, PAID Ignition, Duckstarter, Poolz and Flybit.

Deeper Network

Mysterium Network is an open-source ecosystem of protocols, tools, and Web3 infrastructure making the internet borderless and accessible for all. The network gives both users and builders the tools they need to safeguard their online anonymity and equal access to information. Mysterium held a token sale through which it raised $14 million CHF.

Mysterium is powered by its permissionless, peer-to-peer network. Anyone can turn their device into a node and rent their spare internet resources, such as bandwidth or IP address, in exchange for cryptocurrency. The network is tamper-proof, anonymous, and encrypted like Tor, but with superior usability, stability and speed.

Mysterium’s B2B Network-as-a-Service lays the groundwork for all kinds of enterprise-level services to be built, including the project's flagship product, the Mysterium VPN, available for Android, Windows, Mac and Linux (iOS in 2022). Developers and entrepreneurs can build private, censorship-resistant tools, and businesses can make their products globally accessible and secure. The technology is fully compatible with both Web2 and Web3 platforms and can be integrated with VPNs, proxy services, DeFi wallets, browsers, search engines, data scraping solutions, and streaming apps, building censorship-resistance into the apps we already use.

Mysterium

Moonchain

Solana is a highly functional open source project that banks on blockchain technology’s permissionless nature to provide decentralized finance (DeFi) solutions. While the idea and initial work on the project began in 2017, Solana was officially launched in March 2020 by the Solana Foundation with headquarters in Geneva, Switzerland.

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

The Solana protocol is designed to facilitate decentralized app (DApp) creation. It aims to improve scalability by introducing a proof-of-history (PoH) consensus combined with the underlying proof-of-stake (PoS) consensus of the blockchain.

Because of the innovative hybrid consensus model, Solana enjoys interest from small-time traders and institutional traders alike. A significant focus for the Solana Foundation is to make decentralized finance accessible on a larger scale.

Flux is the cryptocurrency that powers the Flux ecosystem. It has a number of uses including purchasing resources, collateralizing nodes and fuelling transactions on FluxOS, as well as rewarding both miners and FluxNode operators for providing computational resources.

The Flux ecosystem is devoted to empowering everyone to develop, deploy and use the decentralized Internet of the future: Web3

At this moment the Flux ecosystem consists of: a native, minable POW cryptocurrency ($FLUX), a powerful decentralized computational Flux Network (FluxNodes), a Linux based operating system (FluxOS), the premier digital asset platform (Zelcore) and, finally, the Flux blockchain for on-chain governance, economics and parallel assets to provide interoperability with other blockchains and DeFi access.

Currently (2023/1) Flux has a computational network consisting of around 15,000 decentralized nodes, distributed globally with more than 108,000 CPU cores, 288 terabytes of RAM and 6.7 petabytes of storage. That makes Flux the largest decentralized network in the world!

Flux

Bitcoin is a decentralized cryptocurrency originally described in a 2008 whitepaper by a person, or group of people, using the alias Satoshi Nakamoto. It was launched soon after, in January 2009.

Bitcoin is a peer-to-peer online currency, meaning that all transactions happen directly between equal, independent network participants, without the need for any intermediary to permit or facilitate them. Bitcoin was created, according to Nakamoto’s own words, to allow “online payments to be sent directly from one party to another without going through a financial institution.”

Some concepts for a similar type of a decentralized electronic currency precede BTC, but Bitcoin holds the distinction of being the first-ever cryptocurrency to come into actual use.

Bitcoin

Kaspa is a proof-of-work (PoW) cryptocurrency which implements the GHOSTDAG protocol. Unlike traditional blockchains, GHOSTDAG does not orphan blocks created in parallel, rather allows them to coexist and orders them in consensus. The Kaspa blockchain is actually a blockDAG. This generalization of Nakamoto consensus allows for secure operation while maintaining very high block rates (currently one block per second, aiming for 10/sec, dreaming of 100/sec) and minuscule confirmation times dominated by internet latency.

The Kaspa implementation includes a lot of cool features such as Reachability to query the DAG's topology, Block data pruning (with near-future plans for block header pruning), SPV proofs, and later subnetwork support which will make future implementation of layer 2 solutions much easier.

Kaspa

Kadena is a proof-of-work blockchain that combines the PoW consensus mechanism from Bitcoin with directed acyclic graph (DAG) principles to offer a scalable version of Bitcoin. Kadena claims it can provide the security of Bitcoin while being able to offer unparalleled throughput that makes the blockchain usable to enterprises and entrepreneurs alike. Kadena's unique infrastructure is decentralized and built for mass adoption because of its multi-chain approach.

Kadena promises industrial scalability that can support global financial systems and can be scaled as necessary. It also vows to remain energy-efficient at scale and deliver more transactions with the same energy input, another difference to Bitcoin. Moreover, Kadena offers crypto gas stations, which allow businesses to pay for their customers' gas fees and remove a massive pain point in adopting blockchains for business.

Kadena has already scaled its network from 10 to 20 blockchains and can do so again in the future, if necessary. This final addition to Kadena was its private Kuro layer-two blockchain, which supports up to 8,000 transactions per second across 500 nodes.

Kadena

Ethereum is a decentralized open-source blockchain system that features its own cryptocurrency, Ether. ETH works as a platform for numerous other cryptocurrencies, as well as for the execution of decentralized smart contracts.

Ethereum was first described in a 2013 whitepaper by Vitalik Buterin. Buterin, along with other co-founders, secured funding for the project in an online public crowd sale in the summer of 2014. The project team managed to raise $18.3 million in Bitcoin, and Ethereum’s price in the Initial Coin Offering (ICO) was $0.311, with over 60 million Ether sold. Taking Ethereum’s price now, this puts the return on investment (ROI) at an annualized rate of over 270%, essentially almost quadrupling your investment every year since the summer of 2014.

The Ethereum Foundation officially launched the blockchain on July 30, 2015, under the prototype codenamed “Frontier.” Since then, there has been several network updates — “Constantinople” on Feb. 28, 2019, “Istanbul” on Dec. 8, 2019, “Muir Glacier” on Jan. 2, 2020, “Berlin” on April 14, 2021, and most recently on Aug. 5, 2021, the “London” hard fork.

Ethereum’s own purported goal is to become a global platform for decentralized applications, allowing users from all over the world to write and run software that is resistant to censorship, downtime and fraud.

Ethereum

Cronos (CRO) is the native cryptocurrency token of Cronos Chain — a decentralized, open-source blockchain developed by the Crypto.com payment, trading and financial services company.

Cronos Chain is one of the products in Crypto.com’s lineup of solutions designed to accelerate the global adoption of cryptocurrencies as a means of increasing personal control over money, safeguarding user data and protecting users’ identities. The CRO blockchain serves primarily as a vehicle that powers the Crypto.com Pay mobile payments app.

In the future, Crypto.com plans to expand the reach of the CRO platform to power its other products as well.

CRO went live in November-December 2018.

Cronos

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

Cardano is a proof-of-stake blockchain platform that says its goal is to allow “changemakers, innovators and visionaries” to bring about positive global change.

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

The open-source project also aims to “redistribute power from unaccountable structures to the margins to individuals” — helping to create a society that is more secure, transparent and fair.

Cardano was founded back in 2017, and named after the 16th century Italian polymath Gerolamo Cardano. The native ADA token takes its name from the 19th century mathematician Ada Lovelace, widely regarded as the world’s first computer programmer. The ADA token is designed to ensure that owners can participate in the operation of the network. Because of this, those who hold the cryptocurrency have the right to vote on any proposed changes to the software.

The team behind the layered blockchain say that there have already been some compelling use cases for its technology, which aims to allow decentralized apps and smart contracts to be developed with modularity.

In August 2021, Charles Hoskinson announced the launch of the Alonzo hard fork, causing Cardano price to surge, gaining 116% in the following month. On Sept. 12, 2021, the Cardano ‘Alonzo’ hard fork officially launched, bringing smart contract functionality to the blockchain. Over 100 smart contracts were deployed in the following 24 hours after the launch.

Cardano is used by agricultural companies to track fresh produce from field to fork, while other products built on the platform allow educational credentials to be stored in a tamper-proof way, and retailers to clamp down on counterfeit goods.

Cardano

According to the one-pager, BONK is the first dog-themed coin on Solana "for the people, by the people" with 50% of the total supply of the cryptocurrency airdropped to the Solana community. BONK is similar to Shiba Inu (SHIB) and Dogecoin (DOGE) memecoins, it was launched on December 25, 2022, and led to an increase in the price of the SOL token (a rise of 34% in 48 hours). Trading began on December 30, 2022, arousing genuine interest from the crypto community.

The main goal of the team is to bring back liquidity to Solana-based decentralized exchanges (DEXs). The idea of the developers was to create a full-fledged community coin that will be used across all the dApps built on Solana, and each user will have the opportunity to become part of the ecosystem, "where everyone gets a fair shot".

BONK was airdropped randomly to Solana NFT collectors, developers, and artists, other airdrop details remain unknown. Currently, the project has a small digital footprint on the Internet, except for an active twitter account.

Bonk

Hedera is the most used, sustainable, enterprise-grade public network for the decentralized economy that allows individuals and businesses to create powerful decentralized applications (DApps).

It is designed to be a fairer, more efficient system that eliminates some of the limitations that older blockchain-based platforms face — such as slow performance and instability.

It was funded through an initial coin offering (ICO) in August 2018 and first launched open access to its mainnet just over a year later in September 2019. As part of the ICO, investors were able to purchase the platform’s native utility token (HBAR) at the lowest possible pricing.

The HBAR token has a dual role within the Hedera public network.

First and foremost, HBAR the fuel that powers Hedera services, such as smart contracts, file storage and regular transactions. Second, it's used to help secure the network, since HBAR users can stake their tokens to assist with maintaining the integrity of the platform.

Hedera (HBAR) is the native cryptocurrency of Hedera Hashgraph, a platform that is positioned as an alternative to traditional blockchain technology and aims to excel in speed, efficiency and security.

Older blockchains tend to use a consensus mechanism like proof-of-work (PoW) to validate transactions, while younger blockchains opted for proof-of-stake (PoS). The Hedera Hashgraph system has a structure that was created from scratch particularly for the project. Hedera is based on a PoS model that is believed to increase the efficiency of transaction verification in the network, provide a high level of security, and protect the network from hacker attacks. Its ecosystem has the underlying hashgraph consensus algorithm and the global enterprise governing body.

Hedera Hashgraph is a distributed ledger technology (DLT). According to the project website, Hedera differs from other blockchains because it uses a new consensus algorithm called hashgraph. It intends to process and execute transactions faster, eliminate delays, and smooth out the TPS (transactions per second) indicator. Hashgraph is claimed to be an upgrade in transaction speed, cost, and scalability.

Core network services by Hedera:

Consensus Service (HCS). With HCS, clients send messages to the network to negotiate consensus timestamping and order. In this case, the state is stored offline, and users can define privacy and access control.

Hedera Token Service (HTS). Thanks to HTS, token creation and management are available to customers. It supports built-in tokenization.

The goal of Hedera’s hashgraph is to increase the speed of transactions. Moreover, the network is also focused on high-volume operations: micropayments, data integrity and tokenization.

Like the EVM, the Hedera network maintains a virtual machine that writes smart contracts in the Solidity programming language. On top of that, Hedera offers a set of built-in KYC and AML checks.

From a technical point of view, Hedera is a form of distributed ledger technology. It is a hashgraph, or consensus algorithm, where users agree on the order in which transactions should be performed. However, Hedera is not exactly a blockchain. It has its own distinctiveness and works differently. With hashgraph, all transaction branches are merged, no block equivalent is thrown away, and each is used to reach consensus.

One of the most noticeable features of the network is the Gossip-about-Gossip protocol. According to Dr. Leemon Baird, Hedera's inventor, within the system nodes randomly transmit data about themselves to other nodes via hashgraph using the Gossip protocol. Soon, all nodes in a cluster become familiar with each other. Then a certain data structure is formed. It consists of a payload of transactions, a timestamp, a digital signature, and hashes to the previous structures.

HBAR is Hedera's native token that powers applications on the Hedera network. HBAR is utilized to pay for network services, transaction fees, in-app payments and micropayments. Developers can pay network fees with HBAR tokens, namely: work with smart contracts, file storage and currency exchange. HBAR is used to incentivize and pay network nodes.

Hedera Hashgraph has a decentralized governance system that is set apart. All critical decisions about pricing policy, software updates, and wealth management are made by the Governing Council.

Hedera

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

Launched in 2021, the XRP Ledger (XRPL) is an open-source, permissionless and decentralized technology. Benefits of the XRP Ledger include its low-cost ($0.0002 to transact), speed  (settling transactions in 3-5 seconds), scalability (1,500 transactions per second) and inherently green attributes (carbon-neutral and energy-efficient). The XRP Ledger also features the first decentralized exchange (DEX) and custom tokenization capabilities built into the protocol. Since 2012, the XRP Ledger has been operating reliably, having closed 70 million ledgers.