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$SCRT #BinanceScrt The Secret (SCRT) cryptocurrency is native to the Secret Network, a blockchain built to ensure privacy within decentralized applications (dApps). Launched in 2020, the Secret Network is designed to provide private smart contracts where both the input and output data remain encrypted, even from the nodes verifying transactions. Unlike other blockchains where data is publicly visible, Secret enables "programmable privacy," allowing users to control access to their data through encrypted smart contracts. This network operates on a delegated proof-of-stake consensus model, where SCRT tokens are used to stake for node participation and governance. The SCRT token is integral to the network, used for staking, paying transaction fees, and participating in governance decisions. The token's price fluctuates, with a market cap of around $167 million as of December 2024. At its all-time high, SCRT reached over $9, though it has since dropped significantly.
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$SCR #BinanceScroll Scroll (SCR) is a Layer-2 scaling solution designed for Ethereum, leveraging Zero-Knowledge (ZK) rollups for enhanced scalability and transaction throughput. It is fully compatible with Ethereum's ecosystem, including smart contracts, without requiring modifications. The Scroll network launched its mainnet in October 2023, quickly becoming the largest ZK-rollup in terms of Total Value Locked (TVL), surpassing $748 million. Scroll's native token, SCR, was introduced in October 2023 and plays a key role in the governance of the network, with an emphasis on decentralization. The SCR token is used to govern the protocol, contributing to decisions regarding the network's future, and also incentivizes the miner and prover community. As of now, the SCR token is actively traded on major exchanges like Binance and OKX. Scroll is positioning itself as a strong competitor in the Ethereum scaling solutions space, alongside other projects like zkSync and Starknet.
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$SC #BinanceSc Siacoin (SC) is the native cryptocurrency of the Sia network, a decentralized storage platform that allows users to rent out unused hard drive space and store their files securely on a distributed network. Unlike traditional cloud storage services like Amazon, Google, or Microsoft, Sia aims to offer a more affordable and decentralized solution by leveraging blockchain technology. Siacoin is primarily used as a payment method within the network, with renters paying hosts for storage space, and hosts putting up collateral in the form of SC to ensure good behavior. The network uses a proof-of-work consensus mechanism to secure transactions and maintain the blockchain. New Siacoins are created as mining rewards for participants in the network, and there is no fixed supply, allowing for continuous issuance based on network needs. As of December 2024, Siacoin is priced around $0.0072, with a market cap of about $414 million. You can trade it on major exchanges like Binance, Kraken, and OKX.
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$SYS #BinanceSys Syscoin (SYS) is a cryptocurrency that combines the security of Bitcoin's blockchain with the functionality of Ethereum-based smart contracts. It uses a unique, merged-mined Proof of Work (PoW) system, allowing Bitcoin miners to secure both Bitcoin and Syscoin transactions without additional costs. Launched in 2014, Syscoin provides a platform for businesses and individuals to trade assets securely and affordably. It features a range of services, including the ability to create custom tokens (Syscoin Platform Tokens, or SPTs), fast transactions using the Z-DAG protocol, and decentralized marketplaces. Syscoin supports a hybrid of decentralized and centralized market models, enabling secure transactions for goods, digital certificates, and more. It also offers enhanced privacy through Zcash integration for private payments. The native SYS token is used for transaction fees within the network, and Syscoin’s blockchain features smart contract capabilities via its Network-Enhanced Virtual Machine (NEVM), providing developers with the flexibility of Ethereum’s ecosystem. As of December 2024, the price of Syscoin is around $0.15 per SYS, with a market capitalization of approximately $124 million.
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$RIF #BinanceRif The RSK Infrastructure Framework (RIF) is a cryptocurrency token that operates on the RSK platform, which brings smart contract functionality to Bitcoin. The RIF token powers decentralized sharing economies (DSE), facilitating peer-to-peer transactions through smart contracts. This enables decentralized applications (dApps) and services such as decentralized finance (DeFi), identity management, and more. The total supply of RIF is capped at 1 billion tokens, and as of December 2024, it has a circulating supply of approximately 569 million. The token is designed to integrate Bitcoin's security and decentralization with the flexibility and functionality of smart contracts. RIF is often used within the Rootstock ecosystem, where it enables a variety of services in the growing decentralized space. The current price of RIF is around $0.1253, and its market cap is roughly $66 million.
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