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Basis was one example of a seigniorage-style coin. [10] TerraUSD (UST), created by Do Kwon, was meant to maintain a 1:1 peg with the United States dollar. [12] Instead of being backed by dollars, UST was designed to keep its peg through a complex system connected with another Terra network token, Terra (LUNA). [13]
China based cryptocurrency, formerly ANT Shares and ANT Coins. The names were changed in 2017 to NEO and GAS. 2014 MazaCoin: MZC BTC Oyate Initiative SHA-256d: C++ [39] PoW: The underlying software is derived from that of another cryptocurrency, ZetaCoin. 2014 Monero: XMR Monero Core Team RandomX C++ [40] PoW
Spearheaded by TRON founder Justin Sun and the TRON DAO, this token is designed to be a decentralized alternative to traditional fiat currencies and centralized stablecoins. USDD is an algorithmic ...
Individual coin ownership records are stored in a digital ledger or blockchain, which is a computerized database that uses a consensus mechanism to secure transaction records, control the creation of additional coins, and verify the transfer of coin ownership. [3] [4] [5] The two most common consensus mechanisms are proof of work and proof of ...
USD Coin (USDC) is a cryptocurrency stablecoin which is issued by Circle. It is pegged to the United States dollar , and is distinct from a central bank digital currency (CBDC). [ 1 ]
Haliey Welch, known mostly as the star of the viral "Hawk Tuah" meme, is facing criticism after her newly launched cryptocurrency nosedived in value. Her "Hawk" digital coin hit a $490m market cap ...
A Republican county official on Long Island is refusing to lower flags to half-staff following the death of former President Jimmy Carter.
Terra is a blockchain that leverages fiat-pegged stablecoins to power a payment system. For consensus, the Terra blockchain uses a proof-of-stake codesign. [4] Several stablecoins are built atop the Terra protocol, [4] including TerraUSD, which was the third largest stablecoin by market capitalisation before its collapse in May 2022. [5]