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Terra is a blockchain that leverages fiat-pegged stablecoins to power a payment system. For consensus, the Terra blockchain uses a proof-of-stake codesign. [4] Several stablecoins are built atop the Terra protocol, [4] including TerraUSD, which was the third largest stablecoin by market capitalisation before its collapse in May 2022. [5]
0x is an open-source, decentralized exchange infrastructure that enables the exchange of tokenized assets on multiple blockchains.Developers can use 0x to incorporate exchange functionality into their applications, and market makers can use 0x to create markets for cryptocurrencies and tokens.
Tether (often referred to by its currency codes, USD₮ and USDT, among others) is a cryptocurrency stablecoin launched by Tether Limited Inc. in 2014. [3] [4] It is pegged to the United States dollar, and is distinct from a central bank digital currency (CBDC).
Cryptocurrency is produced by an entire cryptocurrency system collectively, at a rate that is defined when the system is created and that is publicly stated. In centralized banking and economic systems such as the US Federal Reserve System , corporate boards or governments control the supply of currency.
The open-source project was originally called "Ripple", the unique consensus ledger was called the Ripple Consensus Ledger, the transaction protocol was called the Ripple Transaction Protocol or RTXP and the digital asset (known as "ripples") using XRP as the three-letter currency code to follow the naming convention of BTC for Bitcoin.
A protocol converter is a device used to convert standard or proprietary protocol of one device to the protocol suitable for the other device or tools to achieve the desired interoperability. Protocols are software installed on the routers, which convert the data formats, data rate and protocols of one network into the protocols of the network ...
Zerocoin is a privacy protocol proposed in 2013 by Johns Hopkins University professor Matthew D. Green and his graduate students, Ian Miers and Christina Garman. It was designed as an extension to the Bitcoin protocol that would improve Bitcoin transactions' anonymity by having coin-mixing capabilities natively built into the protocol.
Polkadot was created by the Ethereum co-founder Gavin Wood, [1] Robert Habermeier and Peter Czaban. [2] The white paper for Polkadot was published by Wood in 2016. [2] The Polkadot SDK and other core technology components are being developed by Parity Technologies. The project raised over $144.3 million in its Initial coin offering in October ...