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There are more than a hundred currencies in the public chain currency section, including BTC, ETH, ADA, MATIC, SOL, DOT, TRX, AVAX, ATOM, ETC, ICP, NEAR, VET, ALGO, FTM, EOS, EGLD, XTZ and NEO, etc. The new public chains include SUI, SEI, APT, TON, etc.
1. Bitcoin
Bitcoin is the pioneer in the field of public chains and is considered the first blockchain cryptocurrency. As the cryptocurrency with the largest market value, Bitcoin has a wide range of recognition and application scenarios, and has also attracted many developers and investors. Ecological scarcity, see inscriptions and second layers.
2. Ethereum
Ethereum is the first public blockchain project to implement smart contracts, and has made important contributions to blockchain technology. After the launch of Ethereum's mainnet, it attracted a large number of developers to join and formed a rich and diverse application ecosystem. There are many ecosystems, so I won't list them one by one. I will focus on the L2 layer narrative.
3. Binance Smart Chain
Binance Smart Chain is a public chain project launched by Binance, the world's leading cryptocurrency exchange. The project provides a low-cost, high-performance and customizable smart contract platform, attracting many developers and application projects.
4. Solana Chain
The main token is Sol. Solana is a relatively innovative high-performance public chain. It is committed to solving the blockchain trilemma and hopes to build a scalable network that is much faster than any existing blockchain or even VISA. In addition, the basic consensus adopted by the Solana public chain is PoS (the common proof of stake mechanism). In simple terms, it is a system that determines the amount of interest paid based on the amount of currency held by the user and the time (coin age). There are many ecological coins, in addition to Sol, other inscriptions are bonk, pledged jto, financial ray, oracle pyth, music Audio, digital identity cvc, etc.
5.Cosmos
The main token Atom, Cosmos is an open distributed system dedicated to achieving interoperability between blockchains. Through its innovative Tendermint consensus algorithm and Cosmos Hub, it achieves interconnection between different blockchains. In addition to atom, there are many other projects and tokens in the Cosmos ecosystem, such as osmo, tia, Inj, Ntrn, etc.
6. Cross-chain (Polkadot)
The main token DOT, Polkadot is a cross-chain solution that provides interconnection between different blockchain networks. Through Polkadot, different blockchain networks can achieve interconnection, share resources and functions, and provide new possibilities for the development of the blockchain ecosystem. Polkadot ecosystem, main token DOT, other ecological coins, MOVE, KSM, GLMR, LIT, CLV, POLS, PHA, ACA, KDA, etc.
7. Cardano
Main token AdA, Cardano is an open source public chain platform released in 2017. Cardano's goal is to provide highly secure and sustainable blockchain solutions to meet the needs of enterprise-level applications and support the development and execution of smart contracts.
8. Lightning Network
The main currency RDN, the Lightning Network is a second-layer expansion solution on Bitcoin, which enables fast and low-cost Bitcoin transactions by establishing an off-chain payment channel network. The goal of the project is to improve the scalability and transaction efficiency of Bitcoin.
9. Theses
The main token is xtZ. Tezos is a public chain platform that aims to provide a more secure and sustainable smart contract execution environment. Tezos uses a unique self-healing technology that can upgrade and fix vulnerabilities without downtime, increasing the reliability and stability of the system.
10. Stellar
The main currency is xlm. Stellar is a decentralized public chain platform that focuses on achieving fast and low-cost cross-border payments and asset transfers. Stellar's goal is to promote the development and innovation of the global financial system by building an open, transparent and interoperable network.
11. Neo
NEO is a smart economic network designed to support asset digitization and smart contract execution. NEO draws on the design of Ethereum and optimizes and improves performance and security, becoming one of the leaders in China's blockchain industry.
12. EOS
EOS, the main currency of the same name, is a distributed blockchain operating system designed to provide high-performance and scalable blockchain solutions. EOS uses an operating system-like architecture that can support large-scale distributed applications and provide high-throughput and low-latency transactions.
13. Polygon
Matic Network is now renamed Polygon. Polygon is a protocol and framework for building and connecting blockchain networks compatible with Ethereum. It aggregates scalable solutions on Ethereum and supports a multi-chain Ethereum ecosystem. Matic Network is a second-layer scalability platform that enables fast, simple and secure off-chain transactions, which can not only pay transactions, but also generalized off-chain smart contracts. Matic Network is an important contributor to the Ethereum ecosystem, committed to the implementation of Plasma MVP (minimum running plasma), WalletConnect protocol and Ethereum event reminder engine-Dagger. Matic tokens are used for equity staking and participate in the proof-of-stake consensus mechanism of the sidechain network.
14.Avalanche
Avalanche, the main currency avax, is also one of the most widely used public chain coins in the market. By 2022, the daily trading volume and market value of AVAX coins often rank among the top 10 cryptocurrencies, and can correspond to multiple DeFi, liquidity mining and other applications.
15.TRON
Main Token TRX, TRON was founded by Justin Sun in September 2017 and has achieved many outstanding achievements since the launch of the mainnet in May 2018. In July 2018, the TRON ecosystem completed the integration with BitTorrent, a pioneer in providing decentralized Web 3.0 services with more than 100 million monthly active users. The TRON network achieved full decentralization in December 2021 and is now a decentralized autonomous organization (DAO) governed by the community. In May 2022, TRON announced the launch of the decentralized super-collateralized stablecoin USDD, which is backed by the industry's cryptocurrency central bank TRON Joint Reserve, marking TRON's official entry into the era of decentralized stablecoins.
16.NEAR
The full name of NEAR Protocol is a highly scalable basic protocol that ensures that DApps can run fast enough on mobile devices. NEAR allows developers to build mobile blockchain DApps and run them on the user's local machine, while also providing developers with important information about DApps. Thanks to state sharding technology, the blockchain is allowed to scale linearly with the number of nodes in the network, with the goal of 100k TPS based on 1 million mobile nodes.
17.ALGO，Algorand
The main currency Algo, this public chain project was jointly initiated by MIT professor and Turing Award winner Silvio Micali. Most of the ALGO team members are from MIT, and there are also some heavyweight experts such as Turing Award winners. They are considered to be the top team in the entire blockchain field. Algorand's core technology solves the difficult triangle problem in the blockchain field, allowing the public chain to achieve security, decentralization and scalability at the same time.
17.ICP
Korean public chain, Korean Ethereum. The performance in the last round was not good. The concept is big, but the application scenarios are few. This coin is a public chain of the data economy sector launched by CoinList and invested by a16z, and ICP coin is also a currency of the comprehensive sector of Coinbase Pro. The full name of ICP coin in English is Internet Computer (Dfinity). Internet Computer is a first-layer protocol that aims to develop a decentralized public network to enable smart contracts to run on a large scale. The project aims to become an Internet computer, providing the functions of the public Internet and allowing backend software to be hosted on the network.
18.FTM
The coin is a cryptocurrency issued by the Fantom Foundation, with a total of 375 million coins. Of these, about 250 million coins are used for public sales and private placements, and the remaining 125 million coins will be used for ecological construction, community incentives, and developer rewards. At present, the circulation of FTM coins is about 220 million, and they are mainly traded on major exchanges around the world. FTM coins use a consensus algorithm based on DAG technology, and have the characteristics of high efficiency, security, and scalability. They are widely used in decentralized finance, supply chain management, the Internet of Things, and other fields. "
19.EGLD
The coin is the native cryptocurrency of the Elrond network and the foundational token of the Elrond ecosystem. Elrond is a new generation blockchain platform designed to provide high-performance, low-cost decentralized services. EGLD coins play a variety of functions in the Elrond network, including paying transaction fees, participating in network governance, and incentivizing network participants.
20.VET
VeChain VeChain is a global ledger-based information interaction and collaboration cloud platform based on blockchain technology. It is a public chain that connects the real world to the blockchain. It is a public chain that belongs to the RWA track. Through API and application layer docking, people, things or objects in the real world are digitized to achieve information interconnection. Through smart contracts based on actual industry applications, collaboration and value transfer in different scenarios are achieved, thereby mapping the real business world to the blockchain. Through cross-platform, cross-enterprise, cross-industry, and cross-border interconnection and collaboration, a new business model is created to provide "trust services" for collaborative participants.
21、XRP
Ripple is the only universal currency in the Ripple system. It is different from other currencies in the Ripple system. Other currencies such as CNY and USD cannot be withdrawn across gateways. In other words, CNY issued by Gateway A can only be withdrawn at Gateway A. If you want to withdraw at Gateway B, you must convert it into CNY of Gateway B through the pending order function of the Ripple system before you can withdraw at Gateway B. Ripple has no such restrictions at all and is universal in the Ripple system.
