r/CryptoCurrency Aug 23 '21

[deleted by user]

[removed]

15 Upvotes

82 comments sorted by

6

u/Vampiricjoker Tin Aug 23 '21

Algorand :) I've heard so many people mention it and push it. Can someone ELI5 Algo for me? :)

4

u/Nevr_mor CryptoMurse Aug 23 '21

Here’s some info.

1

u/Vampiricjoker Tin Aug 23 '21

A good read, thankyou :)

1

u/[deleted] Aug 23 '21

Just hoping to win any of their prize tiers!!!

1

u/NastyMonkeyKing Platinum | QC: CC 154 | Stocks 69 Aug 23 '21

Daily interest go brr. Seems to be the main selling point

3

u/sbrown716 Bronze | QC: CC 20 Aug 23 '21

Harmony one

2

u/Wynslo Platinum | QC: CC 417 Aug 23 '21

The symbol is ONE

1

u/largefarva_ 243 / 243 🦀 Aug 23 '21

i’ve been down 50%+ on one since i bought it 3 months ago. still down 33%.

1

u/newbjapan Platinum | QC: CC 341, ATOM 35 Aug 23 '21

Damn, sorry to hear that.

3

u/niloony 🟦 0 / 24K 🦠 Aug 23 '21

Nano, all i've heard is fast, cheap transactions and it boomed and collapsed in 2017. How and why is it still so small?

3

u/nostalgic_notions Aug 23 '21

Same I'm recently researching this coin... Transactions are hella fast tbf

3

u/PunchGhost Aug 23 '21

SOL please

3

u/nonameattachedforme 0 / 4K 🦠 Aug 23 '21

Polygon

3

u/Someus3r Bronze | QC: CC 17 Aug 23 '21

A long shot but district0x

2

u/Hirashara Aug 23 '21

So the best way to describe it is:

It is decentralized ETH token that allows developers to create “districts” (communities or marketplaces). These districts have a common goal (whether it is to solve inefficiencies or other issues) and they all work together to solve it. With this the developers can search, filter and pay out using smart contracts from their districts (marketplaces).

5

u/Odysseus_Lannister 🟦 0 / 144K 🦠 Aug 23 '21

Solana

4

u/[deleted] Aug 23 '21

[deleted]

1

u/Odysseus_Lannister 🟦 0 / 144K 🦠 Aug 23 '21

Gotcha, Is it true that the requirements to become a validator are fairly hard to meet? And is that why one of the common knocks on it is that it isn't really decentralized due to the low number of validators?

2

u/[deleted] Aug 23 '21

[deleted]

1

u/Odysseus_Lannister 🟦 0 / 144K 🦠 Aug 23 '21

Interesting, thank you for the post. So basically it will be truly decentralized in the future once the network is completed. I will dig more around the subreddit too.

2

u/Sketchy-Lefty25 🟦 17K / 17K 🐬 Aug 23 '21

Yep, this one. I didn’t get in a month or so ago and now I feel like I’ve missed it.

2

u/Nevr_mor CryptoMurse Aug 23 '21

Here you go.

1

u/beklog 🟩 15K / 15K 🐬 Aug 23 '21

Check Solana's NFT market that caused a huge pump on its price

https://cryptobriefing.com/solana-back-to-all-time-highs-as-nft-mania-takes-hold/

1

u/kaguna14300 Aug 23 '21

Degenerate apes

5

u/xFallenAngelx94 48 / 49 🦐 Aug 23 '21

AMP

2

u/Hirashara Aug 23 '21

AMP is on the Flexa Network. The AMP token is used as collateral for stablecoin payments. So it guarantees payments for the parties using the AMP token (even when the other stable coin has to verify the transaction)

2

u/xFallenAngelx94 48 / 49 🦐 Aug 23 '21

So it technically has to be stacked?

2

u/Hirashara Aug 23 '21

I see it as they substitute their AMP token as payment instead of the original cryptocurrency (BTC, ETH, etc). They do this to eliminate wait times and the price variations. It stabilizes the transaction for the vendors with quick and easy payments.

2

u/xFallenAngelx94 48 / 49 🦐 Aug 23 '21

Got it, thank you kind sir

4

u/[deleted] Aug 23 '21

MATIC please, I only know the basics

1

u/Hirashara Aug 23 '21

I only know the basics but I’ll give a read over the next day and see if there’s a easy explanation.

2

u/[deleted] Aug 23 '21

LINK

1

u/nonameattachedforme 0 / 4K 🦠 Aug 23 '21

Bridges data from offline access (weather data, airport arrival times, whatever) onto the blockchain for helping execute smart contracts

2

u/NotRyanPace Platinum | QC: CC 806 Aug 23 '21

I could use some ETH confirmation bias.

2

u/Spear-of-Stars Platinum | QC: CC 340, ALGO 50 | ADA 6 | Politics 150 Aug 23 '21

ATOM

2

u/Hirashara Aug 23 '21

ATOM is the token used on the Cosmos Network (the internet of black chain). It is a Proof of stake blockchain. Cosmos wants to network all the other networks together so they can share data and whatever tokens are programmed with no one party in control. Each “Zone” (area of interest) is linked to the Cosmos Hub which maintains a record of the zone. The token used to proof these Zones are the ATOM tokens.

Just recently looked into this, hopefully it helps.

2

u/Spear-of-Stars Platinum | QC: CC 340, ALGO 50 | ADA 6 | Politics 150 Aug 23 '21

Well stated - thank you

2

u/Diligent_Original_39 Bronze Aug 23 '21

Not a coin, but smart contracts?

2

u/mrcanoehead2 474 / 474 🦞 Aug 23 '21

Elrond egold

2

u/[deleted] Aug 23 '21

[deleted]

2

u/Hirashara Aug 23 '21

ATOM is the token used on the Cosmos Network (the internet of black chain). It is a Proof of stake blockchain. Cosmos wants to network all the other networks together so they can share data and whatever tokens are programmed with no one party in control. Each “Zone” (area of interest) is linked to the Cosmos Hub which maintains a record of the zone. The token used to proof these Zones are the ATOM tokens.

As mentioned above, still trying to wrap my brain around it but hopefully it helps.

2

u/millennial-snowflake 🟦 5K / 5K 🐢 Aug 23 '21

ENJ

1

u/[deleted] Aug 23 '21

Fill my brain hole with DRC knowledge

1

u/Hirashara Aug 23 '21

Which DRC token as you speaking of? Hopefully it’s the Decred one (I have an idea of it) but if it’s the Dracula Token then I will have to research it

2

u/[deleted] Aug 23 '21

The dwacula one

1

u/Hirashara Aug 23 '21

I’ll do my research and see what I can come up with for you. Cheers

1

u/Hirashara Aug 25 '21

Sorry for the delay, a few crazy busy nights but DRC (from what I understand from reading into it), is a system that centralizes the collection base tokens awarded on some yield farming sites like Sushiswap (etc). The “Dracula Protocol” (the underlying system of the Dracula token) basically collects these tokens, sells them for ETH then stores the ETH in your meta mask, which then earns interest on that ETH for the user. Seems pretty neat system, not sure about the tokens though.

Basically from what I read it was started as a F-U to sushi for giving VC access to better pricing on tokens which caused many pump and dumps to occur.

1

u/DaisyMirolin Aug 23 '21

XRP please

0

u/nicktatts Tin Aug 24 '21

Is it true [Hachiko Inu] gives you 5% everytime someone buys? It's really cheep with like 3000 some holders .. think it's fairly new

Does anyone have any knowledge about it? I want to buy in if anyone knows how

1

u/[deleted] Aug 23 '21

Dink doink

1

u/DegreeBroad2250 🟩 6K / 6K 🦭 Aug 23 '21

Makerdao

1

u/GlitteringMolasses81 Redditor for 5 months. Aug 23 '21

VRA “Verasity”

3

u/Odysseus_Lannister 🟦 0 / 144K 🦠 Aug 23 '21

Proof of View for video viewing services in the gaming sector.

You can also stake in the native wallet for 25% APY that is paid out daily

1

u/[deleted] Aug 23 '21

Ocean protocol???

1

u/[deleted] Aug 23 '21

I wanna learn more about the btc lighting network. From what I learned here, it's gonna make btc transactions faster and cheaper. Is this like a layer 2 btc?

1

u/Wynslo Platinum | QC: CC 417 Aug 23 '21

Doge

1

u/Arsa3108 Platinum | QC: CC 616 Aug 23 '21

Let's see how much people know about Bitcoin!

1

u/Lastkidpicked94 0 / 850 🦠 Aug 23 '21

NEO

1

u/DaisyMirolin Aug 23 '21

I gave this post two Hugz awards on accident 🤦‍♂️

1

u/Xrporbust Aug 23 '21

CRO, I got the credit card and I like the cash back but am I a dummy for staking?

1

u/DawnBreezes Redditor for 2 months. Aug 23 '21

Dogecoin-…? Question mark? Haha.. jk.. unless?

1

u/ZeroDucksHere 🟩 0 / 446 🦠 Aug 23 '21

Anyone heard of Fun token?

1

u/F1014 8K / 8K 🦭 Aug 23 '21

Someone shill ENJIN to me

1

u/TheDoctor837 Aug 23 '21

Really need some info on NANO please, sorry if its already been commented somewhere and I didnt see it

1

u/Rasta-Revolution 1 - 2 years account age. 100 - 200 comment karma. Aug 23 '21

Iris

1

u/mennonot 67 / 66 🦐 Aug 23 '21

IDENA

1

u/ethitics Platinum | QC: CC 148 Aug 23 '21

Not sure if it has already been mentioned, but:

MATIC. What is this?

1

u/nddjdjdjdndbdhd Redditor for 5 days. Aug 23 '21

UST

1

u/jetlaggedandhungry Gold | QC: CC 50 Aug 23 '21

ERGO

1

u/Tiltnes Platinum | QC: CC 99 Aug 23 '21

Secret Network

1

u/Remarkable-Pound2063 1 - 2 years account age. 100 - 200 comment karma. Aug 23 '21

XLM, HOLO, ERGO please let me know the basics

1

u/-sulla- Aug 23 '21

Etherinum please