## TRON (TRX) (ٹرون) کیا ہے؟

ٹرون، بلاک چین پر مبنی ایک آپریٹنگ سسٹم ہے، جس کا مقصد اس ٹیکنالوجی کے روزانہ استعمال کو یقینی طور پر موزوں بنانا ہے۔ Bitcoin ایک سیکنڈ کے دوران چھ لین-دین، جبکہ اسی وقفے میں Ethereum محض 25 لین-دین کو سنبھال سکتا ہے۔ اس کے مُقابلے میں TRON کا دعویٰ ہے کہ ان کے نیٹ ورک پر 2,000 لین-دین فی سیکنڈ کی رفتار ’’چوبیس گھنٹے/پورا ہفتہ‘‘ کی بُنیاد پر دستیاب ہے۔

اس پروجیکٹ کے اوصاف کُچھ یوں بیان کیے جاتے ہیں: ’’ایک غیر مرکزی پلیٹ فارم جو مواد کے مشترکہ استعمال اور تفریح پر مرکوز ہے ‘‘ — سن 2018 میں ہونے والا، سب سے بڑی فائل-شیئرنگ-سروس BitTorrent کا حصول انہی مقاصد کو پورا کرنے کے لیے تھا۔

مجموعی طور پر، TRON نے اپنے مقاصد کو چھ مراحل میں تقسیم کیا ہے۔ ان مراحل میں، سادہ تقسیم شدہ فائل شیئرنگ کی فراہمی؛ مالی منفعت کے ذریعے مواد کی تخلیق کو آگے بڑھانا؛ مواد کے تخلیق کاروں کو اپنے ذاتی ٹوکن لانچ کرنے کی اجازت دینا؛ اور گیمنگ صنعت کو غیر مرکزی بنانا شامل ہیں۔

TRON (ٹرون) [DApps](https://coinmarketcap.com/alexandria/glossary/decentralized-applications-dapps) کی تعمیر کے لیے بھی سب سے زیادہ مقبول بلاک چینز میں سے ایک ہے۔

### ٹرون کے بانی کون ہیں؟

ٹرون کی بنیاد Justin Sun نے رکھی تھی، جو اب CEO کے عہدے پر فائز ہیں۔ Peking University اورUniversity of Pennsylvania سے فارغ التحصیل Justin Sun کو Forbes Asia نے اپنی تیس انڈر-30 سیریز میں شامل کاروباری شخصیات میں سے ایک کی حیثیت سے تسلیم کیا۔

1990 میں پیدا ہونے والے Sun, ماضی میں Ripple کے ساتھ وابستہ رہ چُکے ہیں — اُنہوں نے گریٹر چائنا (Greater China) کے علاقے میں اس کے چیف نمائندے کے طور پربھی خدمات انجام دیں۔

پراجیکٹ کے حوالے سے TRON، اور اسی طرح Sun پر، وائٹ پیپر میں سرقہ شدہ مواد استعمال کرنے کا الزام لگایا گیا ہے — Twitter پر موجود کُچھ پیغامات کے مُطابق، دستاویز کا خلاصہ حریفوں کی جانب سے پیش کردہ خدمات کی تجاویز سے اُٹھایا گیا تھا، جیسے کہ انٹر پلینیٹری فائل سسٹم (Inter Planetary File System). Sun کا دعویٰ ہے کہ TRON کا وائٹ پیپر، در اصل چینی زبان میں لکھا گیا تھا، اور اس ضمن میں، مترجم اہم اور ممتاز تفصیلات شامل کرنے میں ناکام رہے۔

### کیا چیز ٹرون کو منفرد بناتی ہے؟

TRON نے خود کو ایک ایسے ماحول کے طور پر استوار کیا ہے جہاں مواد کے تخلیق کار اپنے مُخاطبوں سے براہ راست رابطہ کر سکتے ہیں۔ مرکزی پلیٹ فارمز کو ختم کرکے — چاہے وہ اسٹریمنگ خدمات ہوں، ایپ اسٹورز یا میوزک سائٹس (sites) — امید ہے کہ تخلیق کاروں کو کمیشن کے معاملے میں اتنا نُقصان نہیں اُٹھانا پڑے گا، جتنا کہ دلّالوں کو۔ اس کے بدلے، یہ صارفین کے لیے مواد کو نسبتاً سستا بھی کر سکتا ہے۔ یہ جائزہ لینے پر، کہ تفریحی شعبہ کتنی تیزی سے ڈیجیٹائز ہوتا جا رہا ہے، TRON اس صنعت میں بلاک چین ٹیکنالوجی نافذ کرنے کے لیے اہم کردار ادا کر سکتا ہے۔

کمپنی کا یہ بھی کہنا ہے کہ اس کے پاس دنیا بھر میں پھیلی ہوئی ایک باصلاحیت اور تجربہ کار ڈویلپر ٹیم موجود ہے، جس کے ممبران کو Ripple Labs جیسی بڑی کمپنیوں سے مُنتخب کیا گیا ہے۔

آخری لیکن نہایت اہم؛ کچھ دیگر بلاک چین پروجیکٹس، ڈویلپمنٹ کے حوالے سے اپنے منصوبوں کے بارے میں ابہام شکار ہوسکتے ہیں، لیکن اس کے بر عکس TRON اپنا روڈ میپ پیش کرتے ہوئے ایک امتیازی نقطہ اُجاگر کرتا ہے، جوآئندہ سالوں کے کے دوران اس کے ارادوں کا مظہر ہے۔

#### متعلقہ صفحات:

[BitTorrent ٹوکن (BTT) کے بارے میں مزید جانیے](https://coinmarketcap.com/ur/currencies/bittorrent/)

[کرپٹو کرنسی میں سرمایہ کاری سے قبل وہ نو باتیں، جو جاننا ضروری ہیں](https://coinmarketcap.com/alexandria/article/9-things-to-know-before-investing-in-cryptocurrency)

[CMC الیگزینڈریا کے ساتھ کرپٹو کرنسیز کے بارے میں مزید جانیے](https://coinmarketcap.com/alexandria/article/9-things-to-know-before-investing-in-cryptocurrency)

[CoinMarketCap بلاگ پر تازہ ترین پوسٹس کا مطالعہ کیجیے](https://blog.coinmarketcap.com/)

### فی الوقت کُل کتنے TRON (TRX) کوائنز گردش میں ہیں؟

ٹرون کے پاس صرف 100 بلین ٹوکنز کی کُل سپلائی موجود ہے — اوریہ تحریر لکھتے وقت، اس تعداد میں سے تقریباً 71.6 بلین گردش میں ہیں۔

سن 2017 میں ٹوکن کی فروخت کا انعقاد ہونے پر 15.75 بلین TRX نجی سرمایہ کاروں کے لیے مختص کیے گئے، جبکہ ابتدائی کوائنز پیش کرنے والے شرکاء کے لیے 40 بلین کی اضافی تخصیص کی گئی تھی۔ ٹرون فاؤنڈیشن کو 34 بلین دیے گئے اورJustin Sun کی ملکیتی کمپنی کو 10 بلین ملے۔

مجموعی طور پر، اس کا مطلب یہ تھا کہ TRX سپلائی کا 45% بانی اور بذات خود پروجیکٹ کے پاس گیا، جبکہ 55% سرمایہ کاروں میں تقسیم کر دیا گیا۔ ناقدین کا استدلال ہے کہ یہ تناسب دوسرے کریپٹو کرنسی پروجیکٹس کے مقابلے میں بہت زیادہ ہے۔

### Terra Network نیٹ ورک کو کیسے محفوظ بنایا جاتا ہے؟

ٹرون ایک متفقہ طریق کار استعمال کرتا ہے جسے [تفویض شدہ پروف-آف-سٹیک](https://coinmarketcap.com/alexandria/glossary/delegated-proof-of-stake-dpos) کے نام سے جانا جاتا ہے۔

TRX مالکان Tron Power حاصل کرنے کے لیے اپنی کریپٹو کرنسی کو منجمد کر سکتے ہیں، جس کے معنی ہیں کہ، وہ "سپر نمائندگان‘‘ مُنتخب کرنے کے لیے رائے دہی کر سکتے ہیں، یعنی اُن برتر تُمائندگان کے انتخاب کے لیے، جو بلاک پروڈیوسرز کی حیثیت سے خدمات انجام دیتے ہیں۔

یہ بلاک پروڈیوسر لین-دین کی تصدیق کے عوض TRX انعامات حاصل کرتے ہیں، اور پھر یہ انعامات ان لوگوں میں تقسیم کیے جاتے ہیں جنہوں نے اُنکے حق میں ووٹ دیا۔

ٹرون کے مطابق، یہ نُکتہ نظر، اس کے بلاک چین کو ماحاصل کی بلند تر سطح پر پہنچنے میں مدد دیتا ہے۔

### آپ ٹرون (TRX) کہاں سے خرید سکتے ہیں؟

TRON کا اندراج درجنوں ایکسچینجز پر موجود ہے — بشمول Poloniex، Bancor، KuCoin، Binance، Bitfinex، Coinbene اور دیگر۔ تاہم، Coinbase اس کی حمایت نہیں کرتا۔

فیاٹ سے Bitcoin میں تبادلے کے بارے میں جاننے کے لیے [یہاں](https://coinmarketcap.com/how-to-buy-bitcoin/) کلک کیجیے — altcoins کی خرید کے لیے ایک بے عیب دروازہ۔

Justin Sun Announces Gas-Free Stablecoin Solution for Tron and Ethereum

Crypto Market Faces Strong Headwinds as Bitcoin Drops Below $60,000

Locals Flock to 'Crypto Caves' in Argentina Amid Inflation

Poloniex Hacked: Justin Sun-Owned Exchange Loses $65 Million in Security Breach

Evolution of Top-10 Coins in CoinMarketCap’s History (2013-2023)

Binance

TRON

Ledger

Trezor

Trust Wallet

Math Wallet

Tronlink

Cobo

Safepal

HyperPay

MetaMask

Binance Chain Wallet

Atomic wallet

TRON is dedicated to building the infrastructure for a truly decentralized Internet. 

Tron10

GMCoin

BeatzCoin

Bybyecar

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.

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

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

Litecoin (LTC) is a cryptocurrency that was designed to provide fast, secure and low-cost payments by leveraging the unique properties of blockchain technology.

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

The cryptocurrency was created based on the Bitcoin (BTC) protocol, but it differs in terms of the hashing algorithm used, hard cap, block transaction times and a few other factors. Litecoin has a block time of just 2.5 minutes and extremely low transaction fees, making it suitable for micro-transactions and point-of-sale payments.

Litecoin was released via an open-source client on GitHub on Oct. 7, 2011, and the Litecoin Network went live five days later on Oct. 13, 2011. Since then, it has exploded in both usage and acceptance among merchants and has counted among the top ten cryptocurrencies by market capitalization for most of its existence.

The cryptocurrency was created by Charlie Lee, a former Google employee, who intended Litecoin to be a "lite version of Bitcoin," in that it features many of the same properties as Bitcoin—albeit lighter in weight.

Litecoin

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

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

SHIB is a decentralized, community-led currency held by millions across the globe. Since its inception in late 2020, the Ethereum-based SHIB token has grown to become a worldwide phenomenon, and is now accepted as a form of payment at hundreds of locations, either directly or through third-party intermediaries.

Shiba Inu coin was created anonymously in August 2020 under the pseudonym "Ryoshi." Ryoshi says about himself that he is a nobody and not important and that the efforts to unmask his identity, even if successful, would be underwhelming.

This meme coin quickly gained speed and value as a community of investors was drawn in by the cute charm of the coin paired with headlines and tweets from personalities like Elon Musk and Vitalik Buterin.

Since release SHIB now trades on the ecosystem's proprietary DEX, ShibaSwap.

Shiba Inu

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

Stellar (XLM) is a peer-to-peer (P2P) decentralized network created in 2014 by The Stellar Development Foundation or Stellar.org. The network officially launched in 2015 with the purpose of connecting the world's financial systems and ensuring a protocol for payment providers and financial institutions. The platform is designed to move financial resources swiftly and reliably at minimal cost. Stellar links people, banks, payment processors and allows users to create, send and trade multiple types of crypto.

The basis of the network is its native digital currency - XLM or Lumens. XLM acts as an intermediate currency for operations and is also used to pay transaction fees. How it works: the protocol converts money in a few seconds, first into XLM, and then into the requested currency.

The Stellar payment protocol is based on distributed ledger technology -- an open-source development, community-owned and distributed by community. The crypto asset of the Stellar platform helps with cross-border transactions, overcoming the problems of high fees and slow procedures. XLM is more focused on assisting individuals transfer money than they are with institutions. Thus, Stellar offers access to financial systems, and people can send money at low cost and promptly around the world.

Moreover, Stellar serves as a decentralized exchange and marketplace, with a built-in order book that tracks ownership of Stellar assets. Platform users can manage buy/sell orders, as well as select and set their preferred assets in settlements. XLM is a built-in coin that helps reduce transaction fees.

The network maintains a high level of security.  XLM holders must have at least one token in order to remain active on the network. This nuance performs a global goal - the execution of network transactions efficiently and with minimal time costs. Plus, Lumens offers protection against flood attacks by making microtransactions too expensive for hackers with no chance of profit, which keeps Stellar Network safe from serious threats.

The target audience of Stellar is the inhabitants of developing countries, ordinary users who are provided access to the global economy through fast, simple and inexpensive transactions. Stellar Network makes extensive use of Lumens to produce live convection as well as to send cash in multiple currencies; currency is sent from one peer, and the recipient can receive the amount in another currency. This feature is beneficial when a transaction is made between currencies without widely traded pairs.

Support for multi-currency transactions is another competitive advantage of Stellar, and the ability for cross-currency transactions has only enhanced processes with foreign operations. Moreover, stable speed and low transaction costs are a privilege that users receive.

This functionality is powered by a development called Anchors (a bridge between different currencies and the network), which simplifies the exchange within the network and helps speed up the whole process.

In summary, the benefits of Stellar (XLM) include:

Stellar

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

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

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

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

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

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

Bitcoin Cash (BCH) is a peer-to-peer electronic cash system that aims to become sound global money with fast payments, micro fees, privacy and larger block size. As a permissionless, decentralized cryptocurrency, Bitcoin Cash requires no trusted third parties.

Bitcoin Cash was created as an alternative to the first and most valuable cryptocurrency — Bitcoin (BTC). In 2017, BCH developers modified the BTC code, releasing their software version and a full-fledged competitive product, which split Bitcoin into two blockchains: Bitcoin and Bitcoin Cash. Bitcoin Cash is a result of a hard fork in the blockchain due to differences in the community over Bitcoin scaling and the SegWit upgrade. Moreover, another hard fork, which divided Bitcoin Cash into two parts, Bitcoin ABC and Bitcoin SV, took place in the fall of 2018.

The scaling debate involved two sides: small block supporters opposed increasing block size as it could lead to blockchain centralization and vulnerability by making it harder to host full nodes. Large block supporters, however, advocated for a faster solution, concerned that rising transaction fees could hinder growth.

Bitcoin Cash

Ethereum Classic (ETC) is the original Ethereum (ETH) blockchain that launched in July 2015. Its main function is as a smart contract network, with the ability to host and support decentralized applications (DApps). Its native token is ETC.

Since its launch, Ethereum Classic has sought to differentiate itself from Ethereum, with the two networks’ technical roadmap diverging further and further from each other with time.

Ethereum Classic first set out to preserve the integrity of the existing Ethereum blockchain after a major hacking event led to the theft of 3.6 million ETH.

Ethereum Classic

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.