What Is Toncoin (TON)? Toncoin (TON) is a Layer-1 blockchain network that was created by Telegram in 2018 as a competitor to Ethereum (ETH). However, before its official launch, Telegram abandoned the project due to a lawsuit from the US Securities and Exchange Commission (SEC) claiming that Toncoin (TON) was a security. Following the SEC…
What Is Chainlink? (LINK) Chainlink (LINK) is a decentralized oracle network that connects blockchain-based smart contracts with external data. Chainlink’s middleware enables non-blockchain enterprises to securely connect with blockchain platforms. Chainlink was created by Sergey Nazarov and Steve Ellis, who authored a 2017 white paper with Ari Juels, and the network launched in 2019. The…
What Is Dogecoin (DOGE)? Dogecoin (DOGE) is a peer-to-peer, open-source cryptocurrency and Layer 1 blockchain that was created in 2013 by Jackson Palmer and Billy Markus. It is currently considered to be a ‘meme coin’ and features a Shiba Inu, a Japanese breed of dog, as its logo. Dogecoin’s massive valuation and volatile price are…
What Is Cardano? Cardano (ADA) is a high-performance blockchain platform founded in 2015 by Charles Hoskinson, who strongly believed that the proof of work (PoW) mechanism employed by Ethereum was too slow and couldn’t scale up to meet demand. The Cardano blockchain went live in 2017, and its native Cardano (ADA) crypto has since grown…
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