Day: February 8, 2023

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What Is WOO Network (WOO)?

name: WOO
developer: Jack Tan and Mark Pimentel.
init_release: 2020-10-30T00:00:00+0000
max_supply: 3000000000
description: WOO Network is a deep liquidity network connecting traders, exchanges, institutions, and DeFi platforms with democratized access to the best-in-class liquidity and trading execution at lower or zero cost. WOO Token is used in the network’s CeFi and DeFi products for staking and fee discounts.

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What is Tether?

name: USDT
developer: Craig Sellers
init_release: 2014-10-06T14:39:15+0000
max_supply: 3000000000
description: Tether (USDT) is a cryptocurrency pegged to the US dollar. Currently the most popular stablecoin in the market, USDT is backed 100% by actual assets in the Tether platform’s reserve account. Each unit of USDT has a monetary value of US$1. USDT provides protection from the volatility of cryptocurrencies.

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What is Chainlink?

name: LINK
developer: Sergey Nazarov, Steve Ellis
init_release: 2017-06-01T00:00:00+0000
license: MIT License
written_in: Solidity, GoLang
max_supply: 1000000000
description: Chainlink is a fully decentralised oracle network powered by the LINK cryptocurrency. One of the first networks to allow the integration of off-chain data into smart contracts, Chainlink enables smart contracts to send payments to bank accounts and other payment networks. It also connects smart contracts to the data sources and APIs they need to function easily. Its ecosystem currently powers 1,000 project integrations with 700 oracle networks, giving access to over 1B data points and securing over US$75 billion in value for DeFi applications like Synthetix, Aave, and Compound, among others.

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What is Ethereum?

name: ETH
developer: Ethereum Foundation
init_release: 2015-07-30T00:00:00+0000
license: Open-source licenses
written_in: Go, Rust, C#, C++, Java, Python, Nim, TypeScript
description: Ethereum is an open-source software platform that uses Ether (ETH) as the native digital currency and enables the creation of smart contracts and decentralised applications (DApps) without downtime, fraud, control, or interference from a third party. As a programming language that’s Turing-complete and built on blockchain technilogy. Ethereum has helped developers build and publish decentralised assets, apps, and other services. It is currently the second-biggest cryptocurrency in the world, since it is the most-used blockchain platform so far.

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What is Bitcoin?

name: BTC
developer: Satoshi Nakamoto
init_release: 2009-01-09T00:00:00+0000
license: MIT License
written_in: C++
max_supply: 21000000
description: Bitcoin (BTC) is the world’s first cryptocurrency built on distributed ledger (blockchain) technology, with a proof of work (PoW) mechanism that is not backed by any country’s central bank or government. It was founded by Satoshi Nakamoto, a pseudonym representing an individual or group of individuals, who published the white paper on October 31, 2008. It is currently the world’s biggest cryptocurrency, maintaining market dominance for the past decade.

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What is Cardano?

name: ADA
developer: Cardano Foundation, IOHK, EMURGO
init_release: 2017-09-27T00:00:00+0000
license: Apache License
written_in: Haskell
max_supply: 45000000000
description: Cardano is a decentralised public blockchain and cryptocurrency project and is fully open-source. Cardano is developing a smart contract platform that seeks to allow complex programmable transfers of value in a secure and scalable fashion through its unique solutions. It is the first blockchain platform to evolve out of a scientific philosophy and a research-driven approach.

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