Coin Labs contributor Profile
Content Writer - Blockchain, Crypto, Fintech, AI, Big Data @Coin-Labs.
What is QuarkChain (QKC)? QuarkChain seeks to become an innovative and permissionless blockchain-based architecture that utilizes sharding technology to offer an infrastructure that is flexible, scalable, and user-oriented. Vision and Purpose To elaborate on what we mentioned earlier, the project aims to meet those commercial standards globally by offering a…
What is Siacoin (SC)? There are no central authorities here, which implies that its whole system has been democratized through the utilization of its decentralization and P2P system. Origins And Creators The idea surrounding Siacoin cloud storage saw its initial presentation at an MIT hackathon, with Luke Champine and David…
What is Band Protocol (BAND)? Band Protocol has been designed as software that incentivizes a network filled with users to offer data found within the real world to dApps (decentralized applications) that run on blockchains. Understanding Decentralized Oracles Blockchain use cases, particularly ones depending on smart contracts, need to have…
What is Basic Attention Token (BAT)? The majority of users online have gone to all sorts of lengths to avoid the advertisements they come across. However, what if they are presented with monetary incentives for viewing them? Origins and Developers Brave Software was released back in 2015, with Brian Bondy…
What is Kusama (KSM)? Kusama can be described as a type of prototype network that utilizes the PoS (proof-of-stake) consensus mechanism. Moreover, it is based on what Polkadot uses as its underlying code. A Brief History From what we have gathered, Kusama was founded or launched in 2019. Its founders…
What is Origin Protocol (OGN)? Powered by the Ethereum blockchain, Origin Protocol, like many others, is a platform seeking to introduce and deliver NFTs (non-fungible tokens) and DeFi (decentralized finance) to the general public. The Genesis of Origin Protocol Matthew Liu and Josh Fraser are mainly responsible for the founding…
What Is My Neighbor Alice (ALICE)? My Neighbor Alice is based on gaming concepts that are similar to Animal Crossing and FarmVille. The primary goal here is to attract a larger audience of token holders, those enthusiastic about blockchains, and yes, even gamers. Developers and Partnerships The game was founded…
What is Waves (WAVES)? Moreover, users can create tokens and trade with them without having to deal with exhaustive smart contract programming. Instead, tokens are produced and managed through scripts that function within users’ accounts on Waves. Origin and Development Waves’ origins can be traced as far back as 2016….
What is Maker (MKR)? Among the biggest dApps (decentralized applications) on the Ethereum ecosystem, a disparate group filled with developers was behind the design of the Maker Protocol, with the MakerDAO being responsible for its governance. Inception and Development of MakerDAO The Maker ecosystem’s history is that of various stages,…
What is Synthetix (SNX)? Moreover, Synthetix is also developing Mintr, which is a decentralized application (dApp) for SNX to build synthetic assets known as Synths. And then there is Swappr, which is a DEX (decentralized exchange) for purchasing Synthetix’s stablecoins using Ether. Definition and Functionality It is a platform for…
