XELIS

XELIS is an innovative cryptocurrency built from scratch with BlockDAG, Homomorphic Encryption, Zero-Knowledge Proofs, and Smart Contracts.

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

Conflux (CFX) is a public layer-1 blockchain that was made to power decentralized applications (dApps), e-commerce, and Web 3.0 infrastructure by being more scalable, decentralized, and secure than existing protocols.

Conflux makes it easier to transfer valuable assets by making the process quick, effective, free of network congestion, and with low transaction costs. The platform is based on the Tree-Graph consensus mechanism, and it combines Proof-of-Work (PoW) and Proof-of-Stake (PoS) algorithms to achieve consensus. The protocol uses Turing-complete smart contracts written in Solidity, just like those on  Ethereum, and is compatible with the EVM (Ethereum Virtual Machine).

Conflux's growth is fueled by CFX, the platform's native token, which gives users financial incentives to participate and engage more. The token is used to pay transaction fees, govern the network, and is given as compensation to miners who help secure the network via staking.

Conflux

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), FluxEdge (decentralized GPU renting platform) and, finally, the Flux blockchain for on-chain governance, economics and parallel assets to provide interoperability with other blockchains and DeFi access.

Currently (2024/9) Flux has a computational network consisting of around 13,500 decentralized nodes, distributed globally with more than 107,000 CPU cores, 270 terabytes of RAM and over 7 petabytes of storage. That makes FluxCloud the largest decentralized network in the world!

Flux

Ravencoin is a digital peer-to-peer (P2P) network that aims to implement a use case specific blockchain, designed to efficiently handle one specific function: the transfer of assets from one party to another. Built on a fork of the Bitcoin code, Ravencoin was announced on Oct. 31, 2017 and released binaries for mining on Jan. 3, 2018 with what is called a fair launch: no premine, ICO or masternodes. It was named in reference to a TV show Game of Thrones.

Ravencoin

Nakamoto Games

Bittensor

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.

Kadena

EthereumPoW (ETHW) is a hard fork of Ethereum blockchain with the Ethereum Merge. The Merge saw Ethereum transition to proof-of-stake, while the forked version remains on proof-of-work.

Read: All You Ever Wanted to Learn About the Ethereum Merge

EthereumPoW

Myria

Firo (FIRO), formerly known as Zcoin, is a cryptocurrency that focuses on being private digital cash. It created the Lelantus privacy protocol which allows users to burn their coins and redeem them later for brand new ones that do not have any transaction history.

Prior to Lelantus, it was also the first cryptocurrency to code and launch a practical implementation of the Zerocoin protocol which became one of the most prevalent privacy protocols in use, prior to it being replaced by Sigma and then Lelantus after cryptographic flaws were discovered in the Zerocoin protocol in 2019.

Firo

Maple

DAR Open Network

Turbo

Zilliqa is a public, permissionless blockchain that is designed to offer high throughput with the ability to complete thousands of transactions per second. It seeks to solve the issue of blockchain scalability and speed by employing sharding as a second-layer scaling solution. The platform is home to many decentralized applications, and as of October 2020, it also allows for staking and yield farming.

Development work officially started on Zilliqa in June 2017, and its testnet went live in March 2018. A little over a year later, in June 2019, the platform launched its mainnet.

The native utility token of Zilliqa, ZIL, is used to process transactions on the network and execute smart contracts.

Zilliqa

io.net

Ponke

Vertcoin

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

Cortex

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

At its core proposition, Origin features:

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

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

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

Some of Origin Protocol’s key elements include:

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

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

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

Some of its key highlights include:

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

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

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

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

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