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Cardano
Cardano is a blockchain platform that supports the cryptocurrency Ada, with one Ada divisible into 1,000,000 lovelaces (named after Ada Lovelace). Development of Cardano began in 2015 under the leadership of Charles Hoskinson, a co-founder of Ethereum who left the project following a disagreement with Vitalik Buterin over its future structure. Hoskinson favored venture capital funding and a for-profit model, while Buterin insisted on keeping Ethereum a nonprofit initiative. Cardano is governed...
Coin #13 UNUS SED LEO
1. UNUS SED LEO - "one, but a lion" - Current market capitalization: $9.10- #132. - Layer 2- exists on EOS and Ethereum - non-native- proof of stake (ethereum) and delegated proof of stake (EOS) 3. The purpose of LEO as a utility token is to give Bitfinex (crypto trading platform) more usefulness for its customers. Bitfinex also originally created LEO to raise more money when it was in a difficult situation as a company due to hacking scandals and a lack of trust from consumers. LEO gives...
Token #6 Solana – MIKALAUSKAITE Neda
1. General Presentation Name & Symbol: Solana (SOL) Market Cap: Around $64 billion (as of March 2025) Ranking: Number 6 2. Technology and Infrastructure Layer: Layer 1 (independent blockchain) Blockchain Dependency: Not dependent on another chain Token Type: Currency Token Consensus Mechanism: Solana is a proof-of-stake (PoS) blockchain but improves on it with a mechanism called proof-of-history (PoH), which uses hashed timestamps to verify when transactions occur. 3. Use Case and...
Token presentation – SHIB
General Presentation What is the name of the cryptocurrency and its symbol? Shiba Inu (SHIB). What is its current market capitalization? Approximately $7.36 billion USD. What is its ranking on CoinMarketCap? 17th Technology and Infrastructure Is this cryptocurrency a Layer 1 (independent blockchain) or a Layer 2 (built on an existing blockchain)? Layer 2 If it is a Layer 2, which blockchain does it rely on? Ethereum Is it a native token (used for transaction fees and securing the network) or a...
#8 Dogecoin
Dogecoin is a cryptocurrency that was created in 2013 as a parody of Bitcoin, based on the viral Shiba Inu "Doge" meme. Despite its humorous beginnings, it has become one of the most well-known cryptocurrencies. It uses a proof-of-work system and it processes transactions quickly and comparably lower fees (Litecoin). Unlike Bitcoin, Dogecoin doesn't have a supply limit. New coins are continuously created, which makes it inflationary by design. This means it's not really used as a store of...
Presentation of #13: Chainlink
General presentation: Name & symbol: Chainlink (LINK) Market capitalisation: $8.83 billion Ranking on CoinMarketCap: 13th Technology and infrastructure: Chainlink is neither a layer 1, nor a layer 2 solution. It is a decentralised oracle network that operates on multiple blockchains. However, Chainlink operates primarily on Ethereum. It is a non-native token, specifically an ERC-677 token which is an extension of the ERC-20 token. Chainlink does not use traditional Proof-of-Work or...