Explore topic-wise fullforms in Cryptocurrency

INFO: Full form for DJV is DEJAVE in Cryptocurrency category
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INFO: Full form for KKO is Kineko in Cryptocurrency category
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INFO: Full form for YVS is YVS.Finance in Cryptocurrency category
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INFO: Full form for QHC is QChi Chain in Cryptocurrency category
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INFO: Full form for BITT is BiTToken in Cryptocurrency category
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INFO: Full form for YCE is MYCE in Cryptocurrency category
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INFO: Full form for BXH is BOY X HIGHSPEED in Cryptocurrency category
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INFO: Full form for X22 is TWO TWO in Cryptocurrency category
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INFO: Full form for IX is X-Block in Cryptocurrency category
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INFO: Full form for MONO is The Monopolist in Cryptocurrency category
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MonoX is a multi-layer, multi-chain DEX solving the capital inefficiencies created by liquidity pairs, we use a single token pool model. . MonoX facilitates single-sided liquidity by creating a virtual pair with vCASH token. This new protocol design results in lower trading fees, less capital to deposit for Liquidity Providers, less siloed capital and projects can launch their token with zero capital.

It also creates opportunities for additional DeFi products/services such as lending and derivatives markets, as well as offering the most capital-efficient way to trade ‘Value Backed Tokens’ - VBTs, such as NFT shards, synthetics, gaming tokens, and insurance tokens.

INFO: Full form for TEMP is Tempus in Cryptocurrency category
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INFO: Full form for CAT is CAT in Cryptocurrency category
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INFO: Full form for CAT is Capital Aggregator Token in Cryptocurrency category
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The project claims to be a community that loves cat, the project token is a meme token. There are a total of 15 million tokens and 4 million of them will be burnt. The project also claims that they will be working on creating some memes and trading cards (NFT’s).

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THE PROBLEM

Flash loan technology is a new DeFi feature that provides amazing tools for traders., However, it can currently only be accessed by users with experience with Solidity programming and the ability to code their own flash loan-backed trade., This means anyone with a keen eye for Flash loan backed trades can not currently access one of Defis greatest features.

THE SOLUTION

Flashloans.com plans to open these opportunities to everybody with an easy-to-use tooI called Flashloans.com.

To create a smart contract and carry out a Flash loan, the user will need to have a flash loan backed trade opportunity in mind.

This can bedone prior to visiting the Flash Loans site or opportunities can be researched using the DeFi analytics tool featured on the website.

The site will then offer a selection of flash loan processes to select from to begin building a Flash loan-backed trade. This includes a list of liquidity suppliers, exchanges and DeFi lending sites (in order to self-liquidate a loan position). Once this has been selected, users can then select from a list of tokens that they wish to trade between.

INFO: Full form for XY is XY Finance in Cryptocurrency category
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INFO: Full form for WXT is Wirex Token in Cryptocurrency category
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INFO: Full form for MEX is MEX in Cryptocurrency category
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INFO: Full form for MEX is Maiar in Cryptocurrency category
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ThoreNext (THX) aims to create a blockchain and Internet of Things ecosystem, where emerging organizations and applications can launch decentralized tokens as part of the ThoreNetwork (comprising Thorecoin and Thorecash). Based out of Germany/Estonia, the team claims the THX platform provides Security Token Offering services for international startups and enterprises, streamlines investor registration in compliance with KYC/AML accreditation, and enables the trade or transfer of tokenized securities via on-platform trading desk THEX. reference

INFO: Full form for VDV is VIRVIA ONLINE SHOPPING in Cryptocurrency category
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Ravencoin is a digital peer-to-peer (P2P) network that aims to implement a use case specific blockchain, designed to efficiently handle one specific function: the transfer of assets from one party to another. Built on a fork of the Bitcoin code, Ravencoin was announced on Oct. 31, 2017 and released binaries for mining on Jan. 3, 2018 with what is called a fair launch: no premine, ICO or masternodes. It was named in reference to a TV show Game of Thrones.

The Ravencoin whitepaper was published by Bruce Fenton, Tron Black and Joel Weight.

They stand out over the majority of the crypto crowd in that they were all seasoned businessmen and developers before they started this project.

Fenton is well known in crypto for being a board member and an executive director of the Bitcoin Foundation from 2015 to 2018. Before crypto, he had a solid career in investment banking as the vice president of Morgan Stanley in the 90s and a managing director of Atlantis Consulting for 13 years. Currently, he works as a managing director of Chainstone Labs, a stealth fintech startup.

Tron Black is a principal software developer with more than 30 years of experience, including leading several software companies as a CEO. He has been working in crypto since 2013 on several ventures including Verified Wallet, CoinCPA and t0. He is currently employed with Medici Ventures, a subsidiary of Overstock.com focused on blockchain technology applications.

Weight is a chief technology officer at Overstock.com, a well known online retailer. Previously, he has also been involved with Medici Ventures in roles of COO and CTO. He is a veteran software developer who started his career after graduating from the University of Utah in 1998 right in the middle of the dotcom bubble.

As a fork of the Bitcoin code, Ravencoin features four key changes: modified issuance schedule (with block reward of 5,000 RVN), block time reduced to one minute, coin supply capped at 21 billion (a thousand times more than BTC) and a mining algorithm (KAWPOW, formerly X16R and X16RV2 respectively) intended to mitigate the centralization of mining caused by ASIC hardware.

Ravencoin aimsto solve the problem of assets transfer and trading over blockchain. Previously, if someone created an asset on the Bitcoin blockchain, it could be accidentally destroyed when someone traded the coins it was created with.

RVN coins are designed as internal currency within the network and must be burnt in order to issue token assets on the Ravenchain. The assets can represent anything: real world custodial objects like gold or physical euros, virtual goods and objects, a share of a project like stocks and securities, airline miles or an hour of someone’s wage, etc.

The planned future versions of Ravencoin protocol will support integrated messaging and voting systems.

Learn more about Counterparty, one of the first crypto protocols for assets trading.

Maybe it’s time for a deep dive into Polkadot, a booming multichain protocol that facilitates the cross-chain transfer of any data or assets.

What is ASIC mining?

Want toknow how it started? Read our explainer on Bitcoin.

Ready for more crypto info? Check out our blog for the latest crypto news and insights.

Ravencoin insists on being as fair and open as it is possible for a new cryptocurrency. There was no pre-mine, no ICO and no coins were held for developer or founders rewards.

In three years since its inception (as of March 2021), 39% of coins are already mined. The total supply is capped at 21 billion coins.

Ravencoin is a fork of Bitcoin, so it is protected by the power of decentralization and mathematics. It uses a proof-of-work mining algorithm called KAWPOW, which replaced X16R and X16RV2 on May 6, 2020. Not only does this ensure security it is designed to be ASIC resistant.

The X16r algorithm group employed initially uses 16 different hashing algorithms for each mining block, but the order in which they are used is different for every block and is derived from the last 8 bytes of the hash of the previous block. It was thought that the necessity to adapt each cycle did not give ASICs any advantage over CPUs and GPUs. Eventually, however, ASICs for it were created, andRavencoin had to switch to an entirely different algorithm, KAWPOW, which was a slightly modified version of ProgPow, which itself was the evolution of Ethash and is optimised for mining on GPUs.

This, combined with the commitment of fair distribution with no pre-mine is meant to ensure that no single individual or organization will have or be able to have enough hash power to try to attempt a 51% attack or create any sort of artificial market price shocks.

Unfortunately, there was a successful known hack of the Ravencoin blockchain, of which the public was informed about on June 3, 2020. During the attack, hackers managed to nstantly mint i315 million RVN coins, which constitutes about 1.5% of Ravencoin’s supply cap of 21 billion. At the moment of the announcementm the price of the stolen RVN was estimated at USD $5.7M. None of the existing coin holders were directly affected by the attack.

RVN is a freely traded coin with pairs against stablecoins, such as Tether (USDT), other cryptocurrencies like Bitcoin and Ethereum, and fiat money.

The top exchanges for trading in Ravencoin are currently Binance, Huobi Global, OKEx, ZG.com, and VCC Exchange. You can find others listed on our crypto exchanges page.

New to crypto and want to know how to buy Bitcoin (BTC) or any other token? Find out the details here.

DMScript claims to be a blockchain-gaming company dedicated to backing and releasing video game-related projects, utilizing the blockchain technology that has also proven to be unshakable in times of crisis.

The project claims that they are utilizing their DMST tokens as a way for users of any of DMScript’s projects to enjoy premium features only accessible via using the token instead of FIAT currencies. Users will have the liberty to switch currencies whenever they desire using any of our projects with ease.

INFO: Full form for YDR is YDragon in Cryptocurrency category
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DFS is a De-Fi (decentralized finance) gaming platform. Game-Fi is the latest trend in blockchain, where gaming is utilized to create additional profit streams aside from just the price appreciation of an asset.

Combining cryptocurrencies and video games allows gamers a chance to win their share of the crypto prize pool by competing in tournaments.

Powered by special and unique NFTs (Non-Fungible Tokens), smart contracts automatically settle & manage all rewards on the Binance SmartChain (BSC) to ensure that all transactions are secured and effortless.

Ibay Amor is the Founder of DFSocial. MicroStrategy has previously employed Mr. Amor as a Consultor - Business Intelligence for roughly three years.

Learn more about the games offered at DFSGhere.

Learn more about the DFSG platformhere.

INFO: Full form for CHADS is CHADS VC in Cryptocurrency category
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Honest (HNST) describes itself as the utility token that powers Honest Mining, a cryptostaking-as-a-service platform. With HNST users will be able to join masternodes, obtain discounts. and other benefits. HNST started out as an ERC-20 token, and has since transitioned to a BEP-2 token. Only 400 millions HNST TOKEN will ever be generated & circulated.

According to the team, Honest Mining has 3 services:

INFO: Full form for BOBO is Bobo Cash in Cryptocurrency category
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INFO: Full form for ARTR is Artery Network in Cryptocurrency category
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INFO: Full form for CCA is Counos Coin in Cryptocurrency category
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INFO: Full form for NSI is nSights DeFi Trader in Cryptocurrency category
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KILT is a decentralized blockchain identity protocol for issuing verifiable, revocable, and anonymous claims-based credentials in [ Web 3.0] (https://coinmarketcap.com/alexandria/article/what-is-web-3-0).

KILT’s mission is to return control over personal data to its owner, restoring privacy to the individual and enabling innovative business models around identity and credentials. KILT aims to achieve this by combining real-world trust with the benefits of blockchain technology. Developers can use KILT to create identifiers for people, machines, services and anything that identities can be built on.

KILT is built on Parity Substrate, and launched mainnet as a Kusama parachain in September 2021. Substrate offers seamless integration opportunities with Kusama and Polkadot projects like gaming, NFTs, DeFi and DEXs; KILT is also implementing enterprise partnerships in the energy, health care and banking sectors.

For consumers: KILT provides a way to represent your identity without revealing things you prefer to keep private. It brings the old process of trust in real-world verifiable credentials (passport, driving licence, certificate, etc.) to the digital world, while keeping your data private and in your possession. Users have the option to store information and can choose what information they want to disclose and to whom.

For developers: KILT has an open-source JavaScript Software Development Kit (SDK) that does not require blockchain development experience to use. Developers can quickly spin up applications for issuing, holding and verifying credentials in order to create businesses around identity and privacy.

KILT Protocol was founded in 2018 by Ingo Rübe, CEO of BOTLabs GmbH, together with Hubert Burda Media, where he served as CTO from 2012 to 2017. Earlier Ingo worked as project director for the German publisher Axel Springer SE from 2006 to 2012. Ingo served on the board of directors of the Drupal Association from 2017-2020, and BOTLabs is a founding member of the International Association for Trusted Blockchain Applications (INATBA).

Recognising the potential of blockchain to restore autonomy and control over personal data, Ingo set out to create identity solutions that could be standardised and implemented by corporates and entrepreneurs worldwide.

In KILT, digital identity consists of two parts: a Digital Identifier (DID), and Verifiable Credentials (VCs) linked to the identifier. Identity is built by adding more credentials to the identifier.

Using KILT, a trusted authority (the Attester) will be able to issue documents (Credentials) which are then owned and controlled by the person (the Claimer) they are issued to. KILT never stores personal data on the blockchain; this data is in the Credential which is under complete control of the user. The blockchain is only used to store hash values.

Blockchain technology enables the user to prove the authenticity and validity of their Credential to anyone they decide to show it to using this hash. And the Attester has the ability to create a new hash to revoke the Credential if it is no longer valid.

KILT is building a permissionless trust infrastructure for real-world business cases that help individuals and entities prove and protect their online identity.

By offering accreditation in the digital world, where businesses can verify credentials and build trust, KILT is providing a base layer for verifiable credentials in Web 3.0.

It’s important to note the Kusama parachain provides key elements for KILT, including:

Read about Polkadot (DOT) and Kusama (KSM) - "Polkadot's wild cousin."

What is a Decentralized Identifier (DID)? Click here and find out.

What are Parachains? CMC’s tech deep dives are here to help.

Check the CoinMarketCap blog for the recent news and market insights.

KILT launched as a decentralised parachain on Kusama in September 2021 with three major token utilities: payment, on-chain, and staking mechanisms for collators and delegators.

Regardless of whether KILT Protocol moves from a Kusama to a Polkadot parachain (as determined by community governance), there would be only one KILT network and one KILT Coin across both.

The KILT blockchain uses a variation on Proof-of-Stake (PoS) consensus called Limited Delegated Proof-of-Stake (LDPoS) to maximize chain security. This LDPoS system has two roles:

As a parachain on Kusama (and eventually Polkadot, depending on community governance), the security of KILT Protocol is provided by the Kusama Relay Chain. The blocks of transaction data verified by the collators on the KILT network will be passed to the Kusama validators to be finalized and become the state of truth.

The KILT token will be released in late 2021. Users will be able to purchase KILT by waiting for a listing on an exchange.

CoinMarketCap lists all major events in the crypto space here so you can stay informed. To learn more about buying cryptocurrencies, see our full guide.

KLAYswap is a complete on-chain instant swap protocol that operates with an on-chain liquidity pool, where liquidity is guaranteed by automated market-making (AMM) mechanisms. It is an on-chain swap service that allows anyone that has any KLAY or KCT-type token cryptocurrency to become a liquidity provider and earn income from transaction fee commissions. In KLAYswap, Ethereum-based tokens (ETH, ORC, DAI, WBTC) can be transferred to the Klaytn ecosystem via Orbit Bridge, a transparent IBC bridge, built on Orbit Chain, to offer yield farming with asset pairings previously unconnected in the decentralized world

The KSP token is the governance token of the KLAYswap platform. Holders have the responsibility and authority to determine governance agendas in compliance with the protocol related rules and regulations to lead the development of the service. As such, KSP holders directly participate in deciding things like fees, mining distribution, and contracts. Another main utility of KSP is for creating new liquidity pools. A specific amount of KSP must be paid as a pool contract creation fee when a new KCT token pair pool is created on KLAYswap.

The KSP token has a structure in which tokens can be acquired through liquidity mining. KSP is distributed only through liquidity mining in each Genesis block and is distributed as compensation to KLAYswap liquidity providers in proportion of their provided liquidity to the pool total.

INFO: Full form for KAU is Kauri in Cryptocurrency category
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INFO: Full form for AU is AutoCrypto in Cryptocurrency category
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INFO: Full form for UTU is UTU Protocol in Cryptocurrency category
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INFO: Full form for CUB is Cub Finance in Cryptocurrency category
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INFO: Full form for TMN is TranslateMe Network Token in Cryptocurrency category
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INFO: Full form for SOM is Somnium in Cryptocurrency category
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