Ethereum Classic (ETC), Uniswap (UNI), Internet Computer (ICP)

“Crypto -grief: closer look, etc., uni and icp”

In recent years, the cryptocurrency has experienced a meteoric rise, with numerous new projects and coins have emerged to draw the attention of investors and merchants. Three of these have been given significant traction: Ethereum Classic (ETC), UNISWAP (UNI) and Internet Computer (ICP). In this article we are immersed in each of these projects, examining their characteristics, uses and the potential of growth.

Ethereum Classic (etc)

ETC is an open source, decentralized version of Ethereum Blockchain. In 2016, it was launched from the original Ethereum project to correct errors and improve performance. Despite his early death to Ethereum’s rival, etc. He succeeded in developing the gap as a Consensus algorithm of Work-of-For (POW).

The unique sales point of the ETC is that it is capable of dimensioning security or decentralization. Use the POW algorithm that provides greater computation than the energy -intensive Ethereum POS consensus algorithm used by new projects such as Ethereum 2.0. In addition, ETC has lower transaction costs than Ethereum, making it more attractive to smaller -scale applications.

The native token of the ETC, Ether, has achieved significant value over the years by using various decentralized financial (defi) protocols and stablecoins. However, with the growth of Defi, many have turned their attention to themselves and increase demand for ETC-based devices, such as Ethereum classic-specific NFTs.

UNISWAP (UNI)

UNISWAP is a decentralized liquidity protocol that allows users to trade through multiple blockchain networks without relying on centralized stock exchanges. Launched by John Multany and Ryan Xulli in 2018, UNISWAP has enormous popularity thanks to its high-performance architecture and competition fees.

UNISWAP’s native token, UNI, is used for governance purposes, allowing users to participate in the development process and vote on protocol development. The platform also contains a decentralized stock exchange (DEX), more than 50 devices, including tokens and stablecoins.

One of the most important benefits of UNISWAP focuses on scalability, which has been an attractive opportunity for high -performance trading platforms. In addition, HI owners receive one percent of the protocol transaction fees, which provides a potential source of revenue through storage or liquidity provision.

Internet Computer (ICP)

The Internet Computer (ICP) is a decentralized network built on the Ethereum blockchain to ensure faster and safer data storage solutions for applications. Launched by the Internet Computer Foundation in 2017, ICP has gained a significant attraction by focusing on corporate level scalability.

The native token of ICP, ICX, allows users to vote and storage in the development process. In addition, ICP offers a decentralized file system (DFS) that allows secure data sharing between network nodes.

One of the most important benefits of ICP is its ability to support high -performance data processing for large -scale applications, providing an attractive opportunity for businesses seeking efficient storage solutions. In addition, ICX owners receive one percent of the protocol transaction fees, which provides a potential source of revenue through cargo or liquidity provision.

Conclusion

As we look forward to the future of the cryptocurrency, these three projects have already contributed significantly to the ecosystem. The ETC is an open source POW consensus algorithm, UNISWAP is a leading decentralized replacement for high -performance trade, and the Internet Computer (ICP) offers fast and secure data storage solutions for corporate -level applications.