Payment systems

To understand this cryptocurrency, we first need to describe what BitTorrent is. BitTorrent was created by Bram Cohen in 2001 as a peer-to-peer networking protocol for transferring large files over the Internet. The working client of this systеm is called μTorrent or Torrent Classic. More than 150 million people around the world use the services of this systеm. In 2018, the startup Tron Foundation bought the BitTorrent project for $140 million.

USD Coin (USDC) is a cryptocurrency whose value is 100% backed by assets in US dollars, its exchange rate is pegged to the US dollar in a ratio of 1:1. USD Coin is a stablecoin, and stablecoins are usually backed by reserve assets – fiat currencies such as euros or dollars, or debt securities such as US Treasury securities. This is necessary to maintain a stable exchange rate of the stablecoin. USDC assets are held in special accounts with US institutions, and all assets are recorded and monitored by the accounting company Grant Thornton.

0x is a protocol that greatly simplifies the peer-to-peer asset exchange that takes place on the basis of Ethereum. This protocol was made by 0x Labs and is used as an open standard that developers can refer to. 0x provides a variety of proven smart contracts, a set of developer tools that are fully adapted to work in the 0x ecosystem, and access to a decentralized P2P world order book. In this huge systеm, ZRX is the internal token needed to manage and stake 0x. Those who own ZRX tokens get the right to vote during the development of the protocol.

The ZCash cryptocurrency was created in 2016 as a group of scientists wanted to make a new cryptocurrency that would be similar to Bitcoin, but at the same time have a number of additional features. These people developed a fork of Bitcoin, which emphasized anonymity and increased security for users. Thus, a cryptocurrency called Zerocash first appeared, which later became known as ZCash.

VeChain (VET) is a developer platform cryptocurrency that works as a large information digitization platform and is based on the blockchain. This platform is used in politics, logistics and many other areas. The main goal of the project is to obtain verified data about the product from the very start of its production until it reaches the end consumer. Interestingly, the site was originally conceived in the B2B and B2C segments. Product manufacturers are given the opportunity to monitor all sources of sales in real time.

Uniswap is a decentralized protocol that was created for trading various cryptocurrencies based on smart contracts. This protocol operates on the Ethereum network. Uniswap was the first such project to create automated market maker and liquidity pools.

TrueUSD (TUSD) is a stablecoin that is 1:1 pegged to the US dollar and fully backed. TrueUSD was launched in 2018 and was originally conceived as a reliable and simple coin. Based on this idea, TrueUSD does not use special algorithms or hidden bank accounts. All TrueUSD assets are held in different bank accounts and are owned by trust companies. Such distribution is necessary to reduce the risks associated with each individual counterparty. Also, on a daily basis, assets that provide TrueUSD are published and checked once a month.

TRON is a blockchain platform, the functionality of which includes working with smart contracts, running decentralized applications. Also, this platform is open source, which makes it easier for many developers to work with it and which has created a fairly large ecosystem of decentralized applications.

Tezos is a decentralized blockchain marketplace that can work with smart contracts and provides the function of creating coins and decentralized applications.

Цель проекта Solana это создание такой площадки, которая будет децентрализованной, масштабируемой и безопасной. Такая площадка должна быть способна одновременно поддерживать тысячи узлов, при этом не создавая дополнительной сильной нагрузки на пропускную способность сети. Сам проект Solana был запущен в 2017 году. В рамках запуска удалось суммарно привлечь на развитие проекта более 25 миллионов долларов.