Hedera Hashgraph was built to provide decentralized governance at scale using the hashgraph consensus mechanism. By harnessing the power and utility of byzantine fault tolerance consensus with the innovative gossip about gossip protocol, Hedera Hashgraph is separating governance from consensus using patented technology. This is thanks to the Hedera Governing Council members, a team of leading companies including the likes of Google, IBM, and Deutsche Bank. Distributed ledger technology (DLT) has become an essential part of many industries. With the use of advanced cryptography, it is now possible for businesses and individuals to safely store data and transact using a trustless, immutable public ledger. However, the hashgraph consensus mechanism has some key distinctions from blockchain consensus. For those who are wondering “what is Hedera Hashgraph?” and “what is the HBAR token?” – let’s find out!
The Internet Computer protocol, created by DFINITY Foundation, has recently launched its long-awaited public mainnet. Moreover, the native Internet Computer Protocol (ICP) token has seen a surge in price action following a successful launch. The Internet Computer is a cryptocurrency project like no other, aiming to recreate the full internet stack. The project aims to build a new decentralized internet paradigm, fully interoperable with other blockchains. To achieve this, the Internet Computer protocol uses smart contract-like ‘canisters’, a specially-designed programming language ‘Motoko’, and a novel ‘Internet Identity’ (II) model, all operated through the decentralized Network Nervous System.
Founded by MIT professor and Turing Award-winner Silvio Micali, Algorand is a blockchain protocol and cryptocurrency that aims to empower users by giving them access to borderless, decentralized financial services. With support from the Algorand Foundation, the Algorand protocol aims to solve the “blockchain trilemma” of being simultaneously decentralized, stable, and secure, by facilitating the next generation of equitable financial products. Powered by the native ALGO coin, the Algorand ecosystem is a thriving, diverse, and future-thinking project that uses a novel consensus mechanism to verify transactions on the Algorand blockchain.
Chromia is a multi-functional innovative blockchain-based platform offering developers a simple-to-use landscape for easy-to-scale decentralized applications (dApps). Created by ChromiaWay, using a fresh approach to blockchain development with relational architecture, Chromia blockchain has seen successful adoption of the platform including enterprise, decentralized finance (DeFi), and blockchain-based gaming applications. Moreover, the Chromia (CHR) token powering the Chromia ecosystem offers multi-utility alongside rewards and benefits for all participants within the Chromia platform. Also, there are various Chromia staking bonuses for CHR token holders exclusive to Chromia-based applications.
There’s a new dog in town. If you’ve kept even half an eye on the crypto market this past week, you will likely have seen mentions of the Shiba Inu token, or SHIB token. Those familiar with memecoins will already be intimately familiar with Dogecoin, which rose from a mere prank started in 2013 to its current position as becoming one of the cryptocurrencies with the largest market cap. Although the SHIB token could seem similar to Dogecoin at first glance, SHIB is actually branding itself as a “Dogecoin killer”. Read on and learn all about the SHIB, LEASH, and BONE token!
If you’ve been keeping an eye on the world of crypto hardware wallets, odds are that you’ve heard of SafePal. SafePal is the first hardware wallet to be backed by Binance, one of the largest crypto exchanges in the world. Powered by the SFP token that was created on Binance Smart Chain (BSC) and introduced through Binance LaunchPad, SafePal offers users a full end-to-end crypto wallet experience.
Somnium Space is a virtual reality platform built on the Ethereum blockchain. The team’s vision is to create an entirely new world where users can build out the Somnium universe as a place to live, work, play, trade, buy land, and create content. Moreover, Somnium is the space to experience the unknown, do the impossible, and meet people from around the world in one place.
The Metronome crypto ecosystem combines a self-governing monetary system and an autonomous cryptocurrency with predictable issuance and supply. Also, the Metronome token (MET) is part of this sustainable and robust monetary system that was built to endure. The Metronome blockchain services on offer cater to a wide demographic, from users of decentralized finance (DeFi) to developers, businesses and investors. The Metronome blockchain service suite is designed to meet all the needs of the modern crypto user. Featuring a decentralized exchange (DEX), smart contract compatibility, and an innovative approach to transaction validation, Metronome, and the MET token aim to become key facets of the crypto industry.
Badger DAO is yet another interesting DeFi project that seeks to accelerate the use of Bitcoin in DeFi. Read on to learn all about Badger DAO and its BADGER token!
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