Namecoin

by Namecoin

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HYCON

by HYCON, Glosfer Co., Ltd.

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UMA Token

by Risk Labs

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Namecoin

by Namecoin

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HYCON

by HYCON, Glosfer Co., Ltd.

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UMA Token

by Risk Labs

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What problem does this service solve?

Namecoin is used to register domain names and record domain information on the blockchain.HYCON's DAG/SPECTRE consensus is designed to improve blockchain performance by enabling more than one block to be added to the main chain.UMA defines an open-source protocol to create and verify trustless financial contracts, making it easier to create financial DApps.

Token Stats

Company Description

Namecoin is a blockchain-based DNS that allows users to register domain names with a ".bit" domain. Namecoin was the first fork of the Bitcoin protocol and it aims to remove centralized control over domain registration. It was the first cryptocurrency to use Auxiliary Proof of Work (AuxPoW) as a consensus mechanism,
where a child blockchain is dependent on the Proof-of-Work consensus of the parent blockchain. This allows for Namecoin and Bitcoin to be mined simultaneously, and when a new block is created on Bitcoin, it will also be added to the Namecoin blockchain.
Namecoin is a very important project that represents one of the best use cases of blockchain technology in protecting free speech and resisting censorship on the internet. It is powered by the NMC coin. The decentralized DNS provides more security from hackers and government intervention.

HYCON is a blockchain platform powered by the Hyperconnected Coin. The decentralized platform has a Directed Acyclic Graph (DAG) architecture, and is focused on improving scalability and throughput. HYCON's SPECTRE consensus algorithm is designed to enable horizontal scalability, where several blocks can be added at the same time.

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The UMA token is used to enable holders to participate in community governance issues and to help resolve contract disputes on the UMA platform. UMA is designed to be a decentralized financial contracts platform, and is an abbreviation of Universal Market Access. Their goal is to build the financial infrastructure that will make creating decentralized financial services easier. UMA provides a variety of smart contract templates as well as a decentralized oracle that can be used to validate payouts related to financial contracts.

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