The cryptocurrency market has been anything but stable in recent days. But we, the Finrazor team, do not let the spikes and free falls distract us from work. For the past few weeks, we’ve been preparing a series of educational beginner-friendly articles about some of the more established as well as newer technologies
After all, it’s the tech that we are here for, isn’t that right?
Some of the more widely supported and well-established projects include
- Ripple, a set of technologies that promise to revolutionize cross-border payments and provide on-demand liquidity;
- Nano, a highly scalable cryptocurrency powered by the block lattice DAG-based structure;
- IOTA, another DAG-based high-performance cryptocurrency enabled by the Tangle technology that seeks to be useful in the age of Internet-of-Things and M2M economy.
- Cardano, a highly ambitious smart-contract platform that employs a strict academic approach to development and peer review process.
Privacy coins and the explorers of the mysterious zero-knowledge cryptography
- Monero, the biggest Bitcoin-based privacy coin which uses a clever combination of cryptographic technologies such as Ring Signatures, Bulletproofs and stealth addresses;
- Zcash, another cryptocurrency that uses zk-snarks to give users an option of making their transactions anonymous. Zcash recently held a hardfork called Sapling;
- Dash, a privacy-focused cryptocurrency that provides users with anonymity by employing coin-mixing techniques,
- Mimblewimble, a protocol that promises an unprecedented level of scalability which concurrently solves the issue of privacy. It can be implemented as both a sidechain to Bitcoin or a separate blockchain, as are Grin and Beam.
Some of the lesser-known, yet promising projects
- Algorand, a new protocol that promises high scaling by employing Byzantine agreement and cryptographic sortition.
- Holochain is a wildly different beast. Unlike many blockchain projects, it puts the individual node and its freedom as the core consideration for protocol design.
- Avalanche does not even have an implementation yet but still has gained a lot of attention due to its clever design that builds four protocols upon one another and forms a single technological stack.