What coins are based on the Blake2b algorithm (blok coins)?

The latest data from RatingToken, a blockchain project rating agency, shows that

What coins are based on the Blake2b algorithm (blok coins)?

The latest data from RatingToken, a blockchain project rating agency, shows that on August 31, 2018, there were a total of 4,796 new contract addresses worldwide, with 141 of them being token-based smart contracts. The top five contracts based on transaction volume are Bancor (BNT), AAVE (ANT), and CurveDAO (CRV). For more smart contract detection results, please visit the official website.

What coins are based on the Blake2b algorithm?

Bitcoin was proposed at the end of 2014 as an improved cryptocurrency. It adopts a new mechanism and protocol called “BAKE” (BlockChainBase) to solve the current congestion problem and improve transaction speed of the Bitcoin network. However, there is currently no officially released code or other technical solution.

Blok coins

According to Brock Pierce, blok coins (Blik) are considered one of the most successful smart contracts on Ethereum in 2017.

Since then, this new cryptocurrency called “blokt” has been thriving. Earlier this year, the Bitcoin network confirmed its own blockchain project, codenamed “Blockchain”. This marks the launch of a more inclusive, scalable, and decentralized network.

Currently in the test network phase is Blink. The project, created by supporters from the Ethereum Foundation and Coinbase, aims to integrate blok coins with lightning payments. They also announced a way for the community to mint these coins. It is said to be “an open-source platform” for storing and sharing data. “You will send small amounts of payment when needed.”

It is reported that due to its large price volatility, many transactions may result in users losing or freezing funds, but over time, “people still hope to earn rewards through blokt tokens.” (CryptoPotato).

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