Avalanche Token

by Ava Labs

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GINcoin

by Gin Platform

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Dusk Network

by Dusk Network B.V.

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Avalanche Token

by Ava Labs

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GINcoin

by Gin Platform

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Dusk Network

by Dusk Network B.V.

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What problem does this service solve?

Avalanche's goal is to enable a more secure and interoperable smart contract platform with faster transactions times.Gin's goal is to allow users to set up masternodes more easily.Dusk's goal is to create a blockchain infrastructure for issuing securities with enhanced privacy features.

Token Stats

Company Description

The Avalanche token (AVAX) performs various tasks within Avalanche's Proof of Stake blockchain network. The Avalanche token functions as a rewards and payment system for users. The network is designed to be an open-source platform for launching highly decentralized applications, enterprise deployments, and decentralized financial instruments. The Avalanche ecosystem is meant to be smore scalable and interoperable than other blockchain platforms. Unlike Bitcoin and many other networks, transaction fees are “burnt” in order to increase token scarcity. This process is offset by the release, or “minting,” of new coins.
Avalanche was launched by Ava Labs, whose founder Emin Gün Sirer is a veteran computer scientist that has been very influential in the Blockchain space. Gün Sirer is a computer science professor at Cornell University and has written extensively about scaling blockchain networks.

GINcoin is designed to be a masternode-facilitating blockchain and coin. It lowers the technical requirements to set up a masternode on any blockchain. GIN can also be used as a DApp development platform. GINcoin uses a Delayed Proof of Work consensus algorithm to verify transactions.

The Dusk Network is a privacy-oriented blockchain protocol that is designed for creating programmable and confidential securities. Dusk places a strong focus on privacy and aims to make it easier for developers to create digital securities and zero-knowledge DApps. The network is currently powered by the Ethereum based DUSK token.

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