Amp Token

by Flexacoin

(0)
View Profile

Ripple

by Ripple Labs

(0)
View Profile

Viacoin

by Viacoin

(0)
View Profile

Amp Token

by Flexacoin

(0)
View Profile

Ripple

by Ripple Labs

(0)
View Profile

Viacoin

by Viacoin

(0)
View Profile

What problem does this service solve?

The Amp Token is designed to enable more scalable collateralization options in the DeFi space.Ripple is an exchange and remittance network that aims to to allow fast financial transactions between banks, at minimal cost. Its protocol is built upon an open source distributed consensus ledger. XRP is the native currency that acts as a bridge currency between financial institutions to settle payments.Viacoin's fast transaction times enable users to send micropayments for a variety of purposes.

Token Stats

Company Description

The Amp token is a digital collateral token that is specifically designed to enable the decentralized collateralization of digital asset transactions. It evolved from what was previously known as the Flexacoin network, and is meant to allow the token to better facilitate recent innovations related to borrowing and lending in the DeFi space. The Amp token's supply was created by burning the existing supply of Flexacoins, which were exchanged for the new token at a rate of 1:1. Amp will improve upon Flexacoin’s collateralization features with a new architecture that will allow for the implementation of additional on-chain supply operations and more collateral-related DeFi options.

Ripple is a real-time settlement and remittance network that is designed for the banking industry. Its settlement infrastructure technology has been adopted by a growing list of financial institutions looking to leverage the benefits of distributed ledgers. Ripple's real-time settlement network connects banks and enables cross border settlements and transactions in real-time. The current settlement infrastructure requires many intermediaries, and performing transactions take time and cost money. Ripple provides the underlying infrastructure for banks, and enables these transactions to be executed directly at almost no cost.

Viacoin is an open source cryptocurrency based on the Bitcoin protocol. Viacoin has a 24 second block time and relatively fast transaction times. It can handle 175 transactions per second without scaling through Segwit or the Lightning Network. The fast transaction times make Viacoin a good option for sending micropayments. The platform also enables users to perform cross-chain atomic swaps between different cryptocurrencies, without a centralized exchange. Viacoin has an Auxiliary Proof-of-Work (AuxPoW) consensus mechanism that allows miners to mine multiple coins, that use the Scrypt algorithms, at the same time. Viacoin's smart contract platform, Rootstock, is compatible with Ethereum smart contracts.

Ratings

(0)

(0)

(0)