Tether (USDT): Fiat currencies on the Bitcoin blockchain Abstract: Tether introduces a digital token backed by fiat currency, offering a robust and decentralized method of exchanging value with a familiar accounting unit. The innovation lies in utilizing blockchain technology for an auditable and cryptographically secured global ledger, ensuring a one-to-one reserve ratio between the cryptocurrency token (tethers) and its associated …
Ethereum White Paper
Ethereum (ETH): A Next-Generation Smart Contract and Decentralized Application Platform Authored by: Vitalik Buterin This document provides a succinct overview of the Ethereum whitepaper, detailing its purpose, core components, and functionalities. Ethereum is designed as a platform for decentralized applications (DApps) and smart contracts, operating on a blockchain technology that significantly extends the capabilities introduced by Bitcoin. Core Concepts Smart …
The Open Network White Paper
The Open Network (TON): A Comprehensive Overview Abstract: The Open Network (TON) introduces a multifaceted blockchain ecosystem designed for scalability, speed, and versatility. With a focus on overcoming the limitations of previous blockchain systems, TON aims to facilitate a wide range of applications with its unique architecture and features. Introduction TON is presented as a vast distributed supercomputer, or a …
Cardano White Paper
Cardano (XRP): A Vision for a Decentralized Future The Cardano project, initiated in 2015, aims to revolutionize the design and development of cryptocurrencies. It seeks to create a balanced and sustainable ecosystem, attentive to the needs of its users and other systems seeking integration. Foundational Principles Separation of Layers: Cardano introduces a unique architecture separating the settlement layer from the …
Dogecoin White Paper
Dogecoin (DOGE) and Dogechain: Revolutionizing Meme Coins with Advanced Blockchain Technology Abstract: The Dogechain whitepaper presents a comprehensive overview of the standalone Dogechain blockchain, addressing key challenges faced by the original Dogecoin cryptocurrency and proposing solutions. Dogechain aims to extend Dogecoin’s utility beyond a payment mechanism, enabling features like smart contracts, NFTs, and DeFi within the Dogecoin ecosystem. Introduction Dogecoin, …
Ripple White Paper
Ripple (XRP): Innovating Finance with the Ripple Protocol Consensus Algorithm Abstract: The Ripple White Paper presents a unique consensus algorithm aimed at solving the Byzantine Generals Problem within distributed payment systems. Unlike traditional consensus methods that require synchronous communication, Ripple’s algorithm allows for faster, low-latency consensus without compromising security and robustness against Byzantine failures. Introduction to Ripple Ripple aims to …
United States Dollar Coin White Paper
United States Dollar Coin (USDC): Bridging Traditional Finance and Cryptocurrency Introduction: The United States Dollar Coin (USDC) introduces a stable digital currency pegged to the US Dollar, offering a safer and more stable entry point into the world of cryptocurrencies. USDC aims to address the volatility and complexity that deter many from investing in digital currencies. Background and Vision USDC …
Binance White Paper
Binance (BNB): Revolutionizing Global Finance with Cryptocurrency Exchange Abstract: Binance emerges as a cutting-edge platform for trading various cryptocurrencies without involving fiat currencies. Through this white paper, Binance introduces a robust, secure, and efficient architecture designed to provide a superior trading experience, focusing on scalability, security, and liquidity. Introduction Binance is dedicated to providing a world-class cryptocurrency exchange, powering the …
Solana White Paper
Solana (SOL): A New Architecture for a High-Performance Blockchain Abstract: Solana presents a new blockchain architecture built around a unique invention called Proof of History (PoH), a proof for verifying order and passage of time between events. The PoH mechanism is utilized to create a trustless and distributed time source that is significantly scalable and improves overall network efficiency. Combined …
XRP Ledger Achieves Historic 87 Million Ledgers Milestone
The XRP Ledger has reached an unprecedented milestone by exceeding 87 million ledgers, as reported by XRPL Services. This achievement underscores the vast number of transactions and the dynamic activity that the XRP Ledger has facilitated since its inception. The ledger count currently stands at 87,034,967, with over five million accounts holding a total of 59,579,120,232 XRP. Looking ahead, the …