## Avalanche (AVAX) کیا ہے؟

[Avalanche](https://coinmarketcap.com/ur/currencies/avalanche/) ایک [پہلی پرت پر کام کرنے والا بلاک چین](https://coinmarketcap.com/alexandria/glossary/layer-1-blockchain) ہے، جو غیر مرکزی ایپلی کیشنز اور کسٹم بلاک چین نیٹ ورکس کے لیے ایک پلیٹ فارم کے طور پر کام کرتا ہے۔ یہ Ethereum کے حریفوں میں سے ایک ہے، جس کا مقصد [Ethereum](https://coinmarketcap.com/ur/currencies/ethereum/) کو [سمارٹ کونٹریکٹس](https://coinmarketcap.com/alexandria/de/glossary/smart-contract) کے لئے ’’مقبول ترین بلاک چین‘‘ کے عیدے سے محروم کرنا ہے۔ اس کا ہدف سکیل-ایبلٹی پر سمجھوتہ کیے بغیر 6,500 لین-دین فی سیکنڈ کی تیز رفتار آؤٹ پٹ کے ذریعے کارکردگی کا مُظاہرہ کرنا ہے۔

یہ Avalanche کے منفرد فن تعمیر کے ذریعے ممکن بنایا گیا ہے۔ Avalanche نیٹ ورک تین انفرادی بلاک چینز پر مشتمل ہے: X-chain، C-chain اور P-Chain۔ ہر سلسلہ کا ایک واضح مقصد ہے، جو Bitcoin اور Ethereum کے استعمال سے یکسر مختلف یوتا ہے، یعنی سب نوڈز تمام لین-دین کی توثیق کرتے ہیں۔ حتیٰ کہ Avalanche بلاک چینز، استعمال کے اپنے معاملات پر مبنی، مختلف مفاہمتی میکانزمز استعمال کرتے ہیں۔

سنہ 2020 میں اپنے مین-نیٹ کے آغاز کے بعد، Avalanche نے [DApps](https://coinmarketcap.com/alexandria/de/glossary/decentralized-applications-dapps) اور [DeFi](https://coinmarketcap.com/alexandria/de/glossary/defi) کا اپنا ایکو سسٹم تیار کرنے پر کام کیا ہے۔ Ethereum پر مبنی مختلف پراجیکٹس جیسے SushiSwap اور TrueUSD Avalanche میں مدغم ہو چُکے ہیں۔ مزید برآں، یہ پلیٹ فارم اپنے ایکو سسٹم اور Ethereum کے درمیان ہمکاری کی قابلیت کومختلف ذرائع سے بہتر بنانے پر مسلسل کام کر رہا ہے، مثلاً [پُلوں](https://coinmarketcap.com/alexandria/glossary/bridges) کو ڈویلپ کرنے کے ذریعے۔

### Avalanche کے بانی کون ہیں؟

Avalanche کا آغاز Ava Labs نے کیا، جس کی بنیاد Cornell University کے پروفیسر Emin Gün Sirer اور اسی یونیورسٹے کے مزید دو کمپیوٹر سائنس PhD‘s یعنی Kevin Sekniqi اور Maofan “Ted“ Yin کے اشتراک سے رکھی تھی۔ Gün Sirer خفیہ نگاری کی تحقیق میں تجربہ کار ہیں، جنہوں نے Bitcoin وائٹ پیپر کے اجراء سے چھ سال قبل اس تصوّر پر مبنی پیئر-ٹو-پیئر ورچوئل کرنسی ڈیزائن کی تھی۔ وہ سنہ 2016 میں بدنام زمانہ The DAO ہیک (hack) سے پہلے Bitcoin اسکیلنگ حل اور Ethereum پر تحقیق میں بھی شامل رہے۔

اس تحقیق سے وہ وائٹ پیپر سامنے آیا جس کی وجہ سے سنہ 2018 میں Ava Labs کی بنیاد پڑی۔ اس پراجیکٹ نے فروری سنہ 2019 میں سیڈ-راؤنڈ بند کیا، جس میں Polychain, Andreessen Horowitz اور Balaji Srinivasan جیسے سرمایہ کار شامل تھے۔ Avalanche نے سنہ 2020 میں اپنے کوائنز کی ابتدائی پیشکش کو 24 گھنٹے سے کم عرصے میں بند کر دیا۔ اس عمل سے $42 ملین کا اضافہ ہوا۔

### کیا چیز ایوا-لانچ کو منفرد بناتی ہے؟

Avalanche [بلاک چین trilemma](https://coinmarketcap.com/alexandria/de/glossary/blockchain-trilemma) کو حل کرنے کی کوشش کرتا ہے، جس کے مُطابق بلاک چین پیمانے پربلند درجے کی غیر مرکزیت کا حصول ممکن نہیں۔ اس کا نتیجہ گیس کی زیادہ فیسیں ہیں، جیسا کہ Ethereum پر اکثر ہوتا ہے۔

اس مسئلے کو حل کرنے کے لیے، Avalanche نے تین ہمکاری کے قابل بلاک چینز ڈیزائن کیے۔

* Exchange Change، مختصراً (X-Chain)، مقامی AVAX ٹوکنز اور دیگر اثاثوں کو بنانے اور ان کا تبادلہ کرنے کے لیے استعمال کیا جاتا ہے۔ Ethereum پر ERC-20 معیار کی طرح، یہ ٹوکنز معیاری اصولوں کے ایک سیٹ کی پیروی کرتے ہیں۔ یہ Avalanche کے مفاہمتی میکانزم استعمال کرتا ہے۔
* Contract Chain جس کا اختصار (C-Chain) ہے، سمارٹ کنٹریکٹس اور غیر مرکزی ایپلی کیشنز کی میزبانی کرتا ہے۔ Ethereum ورچوئل مشین جیسی اس کی اپنی Avalanche ورچوئل مشین موجود ہے۔ یہ مشین ڈویلپرز کو EVM سے مطابقت رکھنے والے DApps کو فورک کرنے کی اجازت دیتی ہے۔ یہ Snowman کا مفاہمتی میکانزم استعمال کرتا ہے۔
* Plateform چین (P-Chain) بھی کہا جاتا ہے، نیٹ-ورک کی توثیق کرنے والوں کو مربوط کرتا ہے، فعال ذیلی نیٹ کو ٹریک کرتے ہوئے نئے سب-نیٹس کی تخلیق کے قابل بناتا ہے۔ سب-نیٹس توثیق کاروں کے سیٹس ہوتے ہیں، ایک قسم کے توثیق کار کارٹیل (cartel)۔ ہر سب-نیٹ کئی بلاک چینز کی توثیق کر سکتا ہے، لیکن ایک بلاک چین کی توثیق صرف ایک سب-نیٹ کے ذریعے ہی کی جا سکتی ہے۔ یہ Snowman کا مفاہمتی میکانزم بھی استعمال کرتا ہے۔

کمپیوٹنگ کے کاموں کی یہ تقسیم غیر مرکزیت پر سمجھوتہ کیے بغیر اعلیٰ [حاصلِ کار](https://coinmarketcap.com/alexandria/de/glossary/throughput) کو ممکن بناتی ہے۔ بطور ِمثال، نیٹ-ورک پرموجود پرائیویٹ بلاک چینز کو، اپنے ذیلی نیٹ کے توثیق کنندگان کو یہ باور کرانے ضرورت پڑ سکتی ہے کہ وہ جغرافیائی لحاظ سے کافی حد تک غیر مرکزی رہیں، یا دیگر متعلقہ قواعد و ضوابط کے مُطابق عمل کریں۔ اس ماڈیولر ڈھانچے کے بعد، Avalanche، اُن بلاک چینز کے ساتھ اپنی قابلیتِ ہمکاری کو بہتر بناتا ہے، جو Avalanche ایکو سسٹم میں مدغم ہونے کا ارادہ رکھتے ہیں۔ مزید برآں، دو مختلف مفاہمتی میکانزمز ہر بلاک چین کی ضروریات کو ذہن میں رکھتے ہوئے اسطرح ڈیزائن کیے گئے ہیں، کہ ان کی کارکردگی اور بہتر ہو جائے۔

#### متعلقہ صفحات:

[Cardano (ADA)](https://coinmarketcap.com/de/currencies/cardano/) (کارڈانو) چیک کیجیے — پہلی پرت پر کام کرنے والا ایک مقبول بلاک چین۔

Solana (SOL) (سولانا) چیک کیجیے — پہلی پرت پر کام کرنے والا ایک تیز رفتار بلاک چین۔

ہماری [Avalanche کی تفصیل](https://coinmarketcap.com/alexandria/article/a-dive-into-avalanche) پڑھیے۔

ہمارے ساتھ [ایوا-لانچ کے CEO, Emin Gün Sirer](https://blog.coinmarketcap.com/2020/02/28/professor-emin-gun-sirer-the-crypto-revolution-is-here-to-stay/) کا انٹرویو پڑھیے۔

کرپٹو کی تازہ ترین خبروں اور تجارتی بصیرت کے لئے[CoinMarketCap بلاگ](https://coinmarketcap.com/alexandria/categories/blog) ملاحظہ فرمائیے۔

### کُل کتنے Avalanche (AVAX) کوائنز گردش میں ہیں؟

AVAX کی کل سپلائی 720 ملین پر مشتمل ہے۔ ٹوکنز کی تقسیم کاری مندرجہ ذیل طریق کار کے مُطابق ہے:

* 2.5% - سیڈ سیل کے لئے، جس میں 10% اجراء مین-نیٹ لانچ کے موقع پر، اور باقی ہر تین ماہ بعد جاری کیا جاتا ہے۔
* 3.5% - نجی فروخت، جس میں 10% اجراء مین-نیٹ لانچ کے موقع پر، اور باقی ہر تین ماہ بعد جاری کیا جاتا ہے۔
* 10% - عوامی فروخت، جس میں 10% مین-نیٹ لانچ پر, اور 15% اجراء ہر تین ماہ بعد، جو 18 ماہ پر مُحیط دورانیے میں جاری کیا جاتا ہے۔
* 9.26% - فاؤنڈیشن کے لیے مختص، دس سالوں میں جاری کیا گیا۔
* 7% - کمیونٹی کے لیے وقف، بارہ مہینے میں جاری کیا گیا۔
* 0.27% - ٹیسٹ-نیٹ ترغیبی پروگرام، ایک سال کے دوران جاری کیا گیا۔
* 5% - حکمت عملی پارٹنرز، چار سالوں میں جاری کیا گیا۔
* 2.5% - ایئر-ڈراپس، چار سالوں میں جاری کیا گیا۔
* 10% - ٹیم کے لیے، چار سالوں میں جاری کیا گیا۔
* 50% اسٹیکنگ کے انعامات

AVAX کی اسٹیکنگ فی الحال 11.57% سالانہ کے حساب سے انعامات فراہم کرتی ہے، اسٹیکنگ کے لیے کم سے کم تعداد 2,000 AVAX، اور کم از کم مُدّت دو ہفتے پر مُحیط ہے۔

### Avalanche نیٹ-ورک کو کیسے محفوظ بنایا جاتا ہے؟

AVAX کی تجارت Exchange Chain پر کی جاتی ہے، جو اس کے اپنے Avalanche مفاہمتی میکانزم کی پیروی کرتا ہے۔ پروف-آف-ورک یا پروف-آف-سٹیک کے برعکس، Avalanche مفاہمتی میکانزم میں ’’ایک-لیڈر-پروسیسنگ‘‘ لین-دین نہیں ہوتا، جس کی توثیق دوسروں کے ذریعہ کی جاتی ہے۔ اس کے بجائے، تمام نوڈز ڈائریکٹڈ ایسائیکلک گراف (DAG) پروٹوکول استعمال کرتے ہوئے لین-دین کی توثیق اور عمل انجام دیتے ہیں۔ اسطرح، لین-دین پر کارروائی بیک وقت ہوتی ہے، اور تصدیق کنندگان کی بے ترتیب پولنگ اس بات کو یقینی بناتی ہے کہ لین-دین شماریاتی قطعیت کے ساتھ درست ہے۔ اس مفاہمتی میکانزم میں کوئی بلاکس موجود نہیں، جو فوری طور پر حتمی شکل دینے اور بلاک چین کی رفتار میں نمایاں بہتری لانے کی اجازت دیتا ہے۔

### آپ Avalanche (AVAX) کہاں سے خرید سکتے ہیں؟

AVAX مندرجہ ذیل پر دستیاب ہے: [Binance](https://coinmarketcap.com/ur/exchanges/binance/) اور [Bitfinex](https://coinmarketcap.com/ur/exchanges/bitfinex/) نیز [Gate.io](https://coinmarketcap.com/ur/exchanges/gate-io/) اور [Kucoin](https://coinmarketcap.com/ur/exchanges/kucoin/)۔

Circle Expands Web3 Services to Solana Blockchain, Introducing Programmable Wallets and Gas Stations

Avalanche C-Chain Network Collaborates with Stripe for Seamless Crypto Purchases

Week in DeFi: Is Popular Stablecoin DAI At Risk?

Week in DeFi: Wormhole's W Token Launching on April 3

Week in DeFi: BlackRock Drops $100M USDC to Ethereum Address

Binance

Avalanche

Core

Ledger

Trezor

Trust Wallet

Math Wallet

MetaMask

Binance Chain Wallet

Avalanche Wallet

Avalanche is the future-proof blockchain that's built to scale. Build any thing you want, any way you want on the world's most developer-friendly Layer 1.

Avalanche C-Chain

Coq Inu

BENQI

Pangolin

OpenBlox

Kimbo

Islander

Shrapnel

Kalao

Platypus Finance

Biometric Financial

Snowball

PLAYA3ULL GAMES

Heroes Chained

BloodLoop

ROCO FINANCE

MeowCat

Crabada

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.

Solana

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

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

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

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

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

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

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

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

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.

Launched in July 2017, Binance is the biggest cryptocurrency exchange globally based on daily trading volume. Binance aims to bring cryptocurrency exchanges to the forefront of financial activity globally. The idea behind Binance’s name is to show this new paradigm in global finance — Binary Finance, or Binance.

Aside from being the largest cryptocurrency exchange globally, Binance has launched a whole ecosystem of functionalities for its users. The Binance network includes the Binance Chain, Binance Smart Chain, Binance Academy, Trust Wallet and Research projects, which all employ the powers of blockchain technology to bring new-age finance to the world. BNB is an integral part of the successful functioning of many of the Binance sub-projects.

Uniswap is a popular decentralized trading protocol, known for its role in facilitating automated trading of decentralized finance (DeFi) tokens.

An example of an automated market maker (AMM), Uniswap launched in November 2018, but has gained considerable popularity this year thanks to the DeFi phenomenon and associated surge in token trading.

Uniswap aims to keep token trading automated and completely open to anyone who holds tokens, while improving the efficiency of trading versus that on traditional exchanges.

Uniswap creates more efficiency by solving liquidity issues with automated solutions, avoiding the problems which plagued the first decentralized exchanges.

In September 2020, Uniswap went a step further by creating and awarding its own governance token, UNI, to past users of the protocol. This added both profitability potential and the ability for users to shape its future — an attractive aspect of decentralized entities.

Uniswap

Decentraland (MANA) defines itself as a virtual reality platform powered by the Ethereum blockchain that allows users to create, experience, and monetize content and applications.

In this virtual world, users purchase plots of land that they can later navigate, build upon and monetize.

Decentraland was launched following a $24 million initial coin offering (ICO) that was conducted in 2017. The virtual world launched its closed beta in 2019 and opened to the public in February 2020. Since then, users have created a wide range of experiences on their parcels of LAND, including interactive games, sprawling 3D scenes and a variety of other interactive experiences.

Decentraland uses two tokens: MANA and LAND. MANA is an ERC-20 token that must be burned to acquire non-fungible ERC-721 LAND tokens. MANA tokens can also be used to pay for a range of avatars, wearables, names, and more on the Decentraland marketplace.

Decentraland (MANA) is a decentralized virtual world platform with software based on the Ethereum blockchain, where users create, test and monetize content. In short: users buy virtual plots of land as NFTs with MANA tokens on the Decentraland platform. Progress in the game depends only on players themselves, their efforts and their imagination.

The digital platform is completely owned by its users. Within the Decentraland metaverse, participants can explore the virtual world, purchase plots of land that can be monetized, create works of art, own non-fungible tokens (NFTs), and take part in a decentralized autonomous organization of the platform Decentraland DAO. Due to the DAO, the community influences the development vector of the project.

In addition, users have access to interactive applications, in-world payments and peer-to-peer communication. The 3D world resonates with many participants as Decentraland has many applications, both entertainment for gamers and business for investors.

Two types of tokens called MANA and LAND govern operations in Decentraland. They also allow users to interact with the platform.

MANA is the official currency of Decentraland. It’s an ERC-20 standard token that powers the Decentraland platform. With MANA, users can purchase plots of LAND, as well as pay for in-game items and services.

MANA gives its holders the right to vote in Decentraland DAO. MANA can be purchased on a cryptocurrency exchange or by selling collectibles on Decentraland Marketplace. The owner of tokens converts them to wrapped MANA, or wMANA, and then commits them to the DAO. One wMANA equals one vote. MANA can be exchanged for fiat currency and other digital assets.

As for LAND, it’s a non-fungible token (NFT) based on Ethereum (ETH). It is used to track ownership of land parcels aka digital real estate. Like MANA, LAND is part of the protocol and confers voting rights, but LAND does not need to be fixed in the DAO. One LAND is equal to two thousand votes.

Players choose what to do with their land. Owners store tokens in crypto wallets and buy necessities with MANA tokens on the Decentraland Marketplace. Moreover, on the marketplace, participants can manage or exchange LAND tokens (priced in MANA). Holders use the marketplace to transact or transfer in-game items. All transactions are conducted, regulated and registered via the Ethereum blockchain.

Decentraland combines an online gaming space and blockchain technology. All control over the rules is given to the players, and token holders vote on in-game and organizational policies. The original goal was to form a decentralized virtual reality, but in practice, Decentraland has turned into a massive NFT market.

A special role in Decentraland is assigned to NFTs, such as collectibles, virtual equipment and real estate (LAND). However, for new players who want to join the universe and seize NFTs, the entry barrier will be high.

The Decentraland protocol is built on three levels using Ethereum smart contracts. On the consensus layer, the ownership of LAND is tracked and managed. The land content layer displays the content of the Decentraland virtual world. Finally, on the real-time layer, participants interact with each other.

The platform was co-founded by two blockchain experts, Ari Meilich and Esteban Ordano, in 2015. Officially it was launched a year later and became available only in February 2020, gradually turning from a 2D experiment into a full-fledged 3D world.

To sum up, Decentraland is a decentralized game and a 3D virtual reality platform where players own lands and create limitlessly. Decentralized Autonomous Organization (DAO) software is at the core, and governance is in the hands of the community. Through the native token MANA, players participate in any proposals for managing and improving the ecosystem, the auction system, and the in-game policy.

Decentraland

Launched in 2011 by Pixowl, The Sandbox is a blockchain-based virtual world allowing users to create, build, buy and sell digital assets in the form of a game. By combining the powers of decentralized autonomous organizations (DAO) and non-fungible tokens (NFTs), the Sandbox creates a decentralized platform for a thriving gaming community.

According to the official whitepaper, the Sandbox platform’s main mission is to introduce blockchain technology in mainstream gaming successfully. The platform focuses on facilitating a creative “play-to-earn” model, which allows users to be both creators and gamers simultaneously. The Sandbox employs the powers of blockchain technology by introducing the SAND utility token, which facilitates transactions on the platform.

The Sandbox

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

Dogecoin (DOGE) is based on the popular "doge" Internet meme and features a Shiba Inu on its logo. The open-source digital currency was created by Billy Markus from Portland, Oregon and Jackson Palmer from Sydney, Australia, and was forked from Litecoin in December 2013. Dogecoin's creators envisaged it as a fun, light-hearted cryptocurrency that would have greater appeal beyond the core Bitcoin audience, since it was based on a dog meme. Tesla CEO Elon Musk posted several tweets on social media that Dogecoin is his favorite coin.

Dogecoin

Render Network  is the leading provider of decentralized GPU based rendering solutions, revolutionizing the digital creation process. The network connects node operators looking to monetize their idle GPU compute power with artists looking to scale intensive 3D rendering work and applications to the cloud. Through a decentralized peer-to-peer network, the Render Network achieves unprecedented levels of scale, speed, and economic efficiency. On top of a decentralized GPU computing network, Render provides a platform for artists and developers to build services and applications for the emerging digital economy.

Render

The Internet Computer blockchain incorporates a radical rethink of blockchain design, powered by innovations in cryptography. It provides the first “World Computer” blockchain that can be used to build almost any online system or service, including demanding web social media, without need for traditional IT such as cloud computing services. As such it can enable full end-to-end decentralization.

Internet Computer

Gala is a web3 ecosystem powered by a layer-1 blockchain (GalaChain) built to power the Gala entertainment ecosystem that originally included Gala Games, Gala Music and Gala Film. More recently however, GalaChain has opened its doors to external developers and projects from any applicable industry, providing open source developer resources to simplify the process.

On a mission to empower users and creators across multiple industries throughout the world, Gala’s goal is to become the first billion user blockchain in the world. Innovators can extend the benefits of web3 to their users and communities more easily than ever before by leveraging open source tools like the GalaChain SDK and Creator Portal.

By elevating their ideas to web3 through GalaChain, developers can create custom tokens, smart contracts, reward opportunities and node networks for their communities and projects. Assets built on GalaChain can also be bridged to other blockchains, such as Ethereum, Binance Smart Chain and more. Developers who wish to learn more about getting involved with GalaChain are welcome to reach out via GalaChain.com.

The core of GalaChain is powered by its DePIN (Decentralized Physical Infrastructure Network) of Founder’s Nodes, whose operators earn daily $GALA rewards for actively providing resources to the ecosystem and enjoy governance voting rights on certain core Gala decisions. In addition to the Founder’s Node network’s foundational workload, individual projects can also create Node networks on GalaChain with more specific workloads.

Gala.com
News.Gala.com
Games.Gala.com
Music.Gala.com
Film.Gala.com