New coin listing update: ETC/DASH/ZEC/RUNE tokens are now listed on Kikitrade 🎉
Buy crypto with USD/USDT now on Kikitrade!
【New coin listing introduction】
Ethereum Classic is a decentralized network that supports smart contracts. It was created by Vitalik Buterin in 2013. Following the DAO hack in 2016, several members of the Ethereum community rejected the idea of a hard-fork to revert transactions (and return funds to the DAO participants), leading to the split between Ethereum and Ethereum Classic.
Ethereum Classic (ETC) parted away from Ethereum at block 1,920,000 (July 20th 2016) to retain the original version of the network, reinforcing the blockchain’s core characteristic of immutability. Since its ICO in 2015, Ethereum has relied on Proof of Work (PoW); Ethereum Classic shares its early history with its first (common) block being mined in July 2015.
Like Ethereum, the network is fueled by a cryptocurrency named ether (classic). It comprises an open-source, globally decentralized computing infrastructure, which executes programs called smart contracts.
Similarly, Ethereum Classic is based on an account model to record state changes. It relies on the Ethereum Virtual Machine (EVM) with two types of addresses: externally owned addresses (EOAs) and contract addresses that are deployed on the EVM.
Dash (DASH) is a cryptocurrency designed to serve as "Digital Cash". It allows "instant transactions with micro-fees".
Launched in January 2014, Dash relies on these three features: speed, privacy, and usability.
Dash is a Proof-of-Work cryptocurrency (X11 hashing algorithm) and relies on a network of Master Nodes (requiring 1000 DASH). Its supply inflation rate is decaying: it is bound to reach 0 in 2150.
Dash was the first cryptocurrency to include built-in privacy functions. Specifically, it introduced an extension of CoinJoin: PrivateSend. It is similar to a decentralized mixing service. Built at the protocol level, it is designed to keep coins fully fungible.
ZCash is a Proof-of-Work (PoW) cryptocurrency designed to address some of the inherent flaws of Bitcoin e.g., lack of fungibility. Zcash has relied on a set of zero-knowledge proofs called zk-SNARKs to improve anonymity and thus fungibility.
In the Zcash network, addresses are either private ("z-addresses") or transparent/public ("t-addresses"). These two address types are interoperable.
THORChain is a decentralized cross-chain exchange where traders can swap cross-chain assets via liquidity pools across Binance Chain, Ethereum, and Bitcoin.Users can stake digital assets in liquidity pools to earn yield from trading fees and rewards in RUNE tokens, THORChain's native token.
RUNE will be required to be bonded to operate a node and earn rewards in the THORChain ecosystem.
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