Bitcoin

by Bitcoin Foundation

4/5

(5)
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Amp Token

by Flexacoin

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Digix

by Digix

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Bitcoin

by Bitcoin Foundation

4/5

(5)
Visit Website

Amp Token

by Flexacoin

(0)
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Digix

by Digix

(0)
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What problem does this service solve?

Bitcoin is the first digital currency and the first use case of Blokchain technology. The bitcoin blockchain was the first decentralized, immutable, and transparent ledger.The Amp Token is designed to enable more scalable collateralization options in the DeFi space.Digix wants to create a digital token will less price volatility. By tokenizing gold on the Ethereum blockchain, they hope to create a digital asset with stable value.

Token Stats

Company Description

Bitcoin is the first digital currency based on blockchain. It solved the double-spending problem and enabled peer-to-peer transactions on a large scale. Bitcoin was designed to work as a trustless digital currency that would function without government oversight or a central bank.
Bitcoin was developed by Satoshi Nakamoto, whose identity has never been confirmed and has become the subject of great intrigue. Bitcoin builds upon on other cryptographic and digital currency projects that came before it, but its use of blockchain made it more viable. Nakamoto originally released his white paper and open-source software on a cryptography forum. He mined the first block of the Bitcoin chain, called the genesis block in January 2009.
Bitcoins are created as a reward for a process known as mining. One of the core innovations of Bitcoin, is its consensus algorithm, which creates an incentive system that rewards miners for confirming transactions.
Hal Finney, who developed the first reusable proof-of-work system (RPOW), several years before, was the first Bitcoin adopter and received the first bitcoin transaction ever recorded on its blockchain.

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.

Digix is digital gold on the blockchain. By combining the historical stability of a valuable physical asset with the advantages of a distributed ledger, Digix allows users to benefit from the advantages of both commodities and digital tokens.
Digix has an innovative Proof of Asset (PoA) protocol that allows it it tokenize a physical asset. The PoA protocol tracks an asset through its chain of custody, and enables anyone to verify its existence without an intermediary. Since every DGX = 1 Gram of gold, their platform can be used as a secure and transparent digital marketplace for gold.
Digix is also behind DigixDAO, a platform that allows users to contribute to building a blockchain-based digital gold payment system. They hope to create a decentralized autonomous organization (DAO) that will participate in creating this platform. Instead of issuing shares, the organization will be run by DigixDAO token holders.

Ratings

Overall

4.5/5 (5)

(0)

(0)

Will this currency still be used in 10 years?

4/5

How scalable is this currency?

4.5/5

How adaptable is this currency to the changing needs of the market?

4/5

How effective is this currency as a medium of exchange?

3.5/5

How effective is this currency as a store of value?

4/5