Tether (USDT): Fiat currencies on the Bitcoin blockchain Abstract: Tether introduces a digital token backed by fiat currency, offering a robust and decentralized method of exchanging value with a familiar accounting unit. The innovation lies in utilizing blockchain technology for an auditable and cryptographically secured global ledger, ensuring a one-to-one reserve ratio between the cryptocurrency token (tethers) and its associated …
The Open Network White Paper
The Open Network (TON): A Comprehensive Overview Abstract: The Open Network (TON) introduces a multifaceted blockchain ecosystem designed for scalability, speed, and versatility. With a focus on overcoming the limitations of previous blockchain systems, TON aims to facilitate a wide range of applications with its unique architecture and features. Introduction TON is presented as a vast distributed supercomputer, or a …
Ripple White Paper
Ripple (XRP): Innovating Finance with the Ripple Protocol Consensus Algorithm Abstract: The Ripple White Paper presents a unique consensus algorithm aimed at solving the Byzantine Generals Problem within distributed payment systems. Unlike traditional consensus methods that require synchronous communication, Ripple’s algorithm allows for faster, low-latency consensus without compromising security and robustness against Byzantine failures. Introduction to Ripple Ripple aims to …
Solana White Paper
Solana (SOL): A New Architecture for a High-Performance Blockchain Abstract: Solana presents a new blockchain architecture built around a unique invention called Proof of History (PoH), a proof for verifying order and passage of time between events. The PoH mechanism is utilized to create a trustless and distributed time source that is significantly scalable and improves overall network efficiency. Combined …
Bitcoin White Paper
Bitcoin (BTC): A Peer-to-Peer Electronic Cash System Author: Satoshi Nakamoto Abstract Bitcoin introduces a purely peer-to-peer version of electronic cash, allowing online payments to be sent directly from one party to another without going through a financial institution. This solves the double-spending problem via a network that timestamps transactions by hashing them into an ongoing chain of hash-based proof-of-work, forming …