pTokens vs Liquality vs Kusama Coin
What problem does this service solve?
pTokens aims to increase liquidity for cryptocurrencies, as well as cross-chain interoperability. | Liquality's goal is to minimize the risk and cost associated with converting cryptocurrencies. | Kusama allows developers to build and deploy test versions of cross-chain projects that will later be built on the Polkadot blockchain. |
Token Stats
Not Relevant |
Company Description
pTokens are digital assets that are transparently pegged to another underlying asset. pTokens serve as a Cross-Chain token wrapper that allows users to more easily transfer value between different blockchains. Users can deposit a certain amount of the underlying asset (such as BTC or EOS) and request the equivalent pTokens that are pegged to them 1:1, such as pBTC or pEOS. Token holders can then take advantage of the Ethereum network by more easily exchanging them into ERC-20 tokens. | Liquality is developing a cross-chain technology that will allow users to covert Ethereum to Bitcoin, and vice versa with minimal risk and fees, while maintaining control over their private keys. Their interface offers a secure way to exchange cryptocurrencies by using atomic swaps. Liquality is a ConsenSys portfolio company. | Kusama coin is the native coin of the Kusama blockchain, which is intended to serve as an unaudited and unrefined release of Polkadot. Kusama will serve as a trail version for Polkdadot, and will allow developers to build and deploy a parachain or try out Polkadot’s governance, staking, nomination and validation functionality in a real environment. |