It was a bad week for the crypto market with Bitcoin (BTC) going down by -4.30%, but some coins STORJ, AUDIO, ANKR, VIA, DENT, CAKE, WABI, BCHA, FIL, TRB were in the green which was good.
Let’s take a closer look at this weeks top crypto performers.
Storj is an open-source platform that leverages the blockchain to provide end-to-end encrypted cloud storage services. Instead of maintaining its own data centres, Storj platform relies on a peer-to-peer network of individuals or entities sharing their storage spaces. The Storj project is owned and developed by Storj Labs Inc. Storj intends to facilitate a faster, cheaper, and secure file storage solution than traditional cloud storage platforms. Read more
Audius is a decentralized music-sharing and streaming protocol that facilitates direct transactions between listeners and creators, giving everyone the freedom to distribute, monetize, and stream any audio content.
Ankr strives to build a resource efficient blockchain framework that truly enables Distributed Cloud Computing (DCC) and provides user-friendly infrastucture for business applications. There are indeed existing cloud solutions, but Ankr is the first one to leverage both blockchain and trusted hardware.
Technology Overview
Ankr provides a computation-resource-efficient blockchain and an integrated data feed system leveraging both cryptographic primitives and trusted hardware
Proof of Useful Work
The Proof of Useful Work (PoUW) consensus enables a self-sustainable blockchain framework. Read more
Viacoin is a Script-based cryptocurrency derived from Bitcoin. Similar to Bitcoin and other cryptocurrencies, Viacoin is also an open-source project. Viacoin aims to be the cryptocurrency of future, by integrating many innovative key technologies such as SegWit, APoW, Lightning Network, Dark Gravity Wave, and more. Viacoin claims to allow 25 times faster transactions than Bitcoin. Read more
Dent (DENT) is a cryptocurrency and operates on the Ethereum platform, where everyone on this planet has the opportunity to buy and sell mobile bandwidth in any country just like you buy foreign currencies on FOREX.
PancakeSwap is a decentralized exchange for swapping BEP20 tokens on Binance Smart Chain. PancakeSwap uses an automated market maker (AMM) model where users trade against a liquidity pool. Such pools are filled with users’ funds. They deposit them into the pool, receiving liquidity provider (or LP) tokens in return. They can use those tokens to reclaim their share, plus a portion of the trading fees.
“Tael is a digital token for safe consumer products. Thanks to its ability to be seamlessly integrated by third parties, it allows for a wide token use-case through interchangeability of the loyalty tokens on the blockchain.
Tael’s first use-case is seen in Techrock’s safe consumer products ecosystem. Techrock applies banking-level, tamper-proof NFC smart-labels to consumer goods, pairing them with their digital representations on the blockchain. Read more
Smart contracts on Ethereum are fully self contained and any information or access to off-chain data is restricted. Tellor solves this problem by creating a system where parties can request the value of an off-chain data point (e.g. ETH/USD) and miners compete to add this value to an on-chain data bank, accessible by all Ethereum smart contracts. Inputs to a data series are secured by a network of staked miners. Read more
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