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​Cryptocurrencies

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Enjin Coin (ENJ)

Enjin Coin (ENJ) is a cryptocurrency that is used as a means of exchange within the Enjin ecosystem. The Enjin ecosystem is a blockchain-based platform that enables the creation and management of virtual goods, such as in-game items, on the Ethereum blockchain. ENJ can be used to purchase or trade these virtual goods, as well as used to mint new virtual assets and manage existing ones. The Enjin platform also includes a range of tools for game developers, such as an SDK for integrating blockchain functionality into their games and a marketplace for buying and selling virtual items.

Enjin Coin (ENJ) has several strengths that make it stand out in the cryptocurrency and blockchain gaming space.
  1. Strong ecosystem: The Enjin ecosystem is built around a robust set of tools for game developers, such as an SDK for integrating blockchain functionality into games and a marketplace for buying and selling virtual items. This makes it easy for developers to incorporate ENJ and blockchain technology into their games.
  2. High security: Enjin Coin is built on the Ethereum blockchain, which provides a high level of security and transparency for transactions. The Enjin platform also includes features such as smart contract functionality and the ability to mint unique assets, which further increase security and prevent fraud.
  3. Real use case: Enjin Coin has a clear and practical use case within the gaming industry, as it allows for the creation, management, and trade of unique and scarce virtual goods. This creates a natural demand for the coin and helps to stabilise its value.
  4. Growing adoption: Enjin Coin is being adopted by a growing number of games and platforms, which increases its utility and helps to drive demand for the coin.
  5. Community driven: Enjin has an active and engaged community that has been instrumental in the development and growth of the Enjin ecosystem, this community can help to spread the word and drive adoption of Enjin Coin and the Enjin ecosystem.

​​You can buy Enjin Coin (ENJ) in Australian dollars (AUD) here.

Ethereum Classic (ETC)

Ethereum Classic (ETC) is a blockchain-based, decentralised platform that enables the execution of smart contracts and decentralized applications (dapps). It is an open-source, public, blockchain-based distributed computing platform featuring smart contract (scripting) functionality. ETC is a fork of Ethereum, which came into existence as a result of a hard fork in the Ethereum blockchain in 2016. ETC aims to remain true to the original vision of Ethereum as a decentralised platform that cannot be controlled or altered by any single entity.

Ethereum Classic (ETC) has several strengths, some of which include:
  1. Decentralization: ETC is a decentralized platform, meaning that it is not controlled by any single entity or organization. This provides a level of security and trustlessness that is not present in centralized systems.
  2. Immutability: ETC is an immutable platform, meaning that once a transaction is recorded on the blockchain, it cannot be altered or deleted. This ensures that the integrity of the platform is maintained and that transactions are final.
  3. Smart Contracts: ETC allows for the execution of smart contracts, which are self-executing contracts with the terms of the agreement written directly into code. This allows for the automation of complex processes and eliminates the need for intermediaries.
  4. Dapps: ETC supports the development and deployment of decentralized applications (dapps) that can run on the platform. This allows for a wide range of use cases and allows developers to create new and innovative applications on top of the ETC blockchain.
  5. Open-source: ETC is an open-source platform, which means that the code is available for anyone to review and contribute to. This allows for a large and active community of developers to work on the platform, which helps to ensure its continued development and growth.

​You can buy Ethereum Classic (ETC) in Australian dollars (AUD) here.

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Filecoin (FIL)

Filecoin is a decentralised storage network that uses a cryptocurrency, also called Filecoin (FIL), as its native token. The network allows individuals and organisations to rent out their unused storage space to other users in exchange for Filecoin. The protocol uses a proof-of-replication mechanism to ensure that data is stored redundantly and can be retrieved even if some storage providers go offline. The Filecoin network also includes a marketplace for storage providers and users to negotiate prices and terms for storage services.

Filecoin (FIL) has a number of strengths that make it a unique and potentially valuable decentralised storage network:
  1. Decentralized: Filecoin is built on a decentralised architecture, meaning that data is stored across a network of independent storage providers rather than on centralised servers controlled by a single entity. This greatly reduces the risk of data breaches and censorship.
  2. Incentivised: The use of the Filecoin (FIL) token as a means of payment for storage services creates an economic incentive for individuals and organisations to participate in the network as storage providers.
  3. Cost-effective: The Filecoin network allows users to rent out unused storage space, which can result in lower storage costs for users compared to traditional centralised storage solutions.
  4. High durability: The network uses a proof-of-replication mechanism, meaning that data is stored redundantly across multiple storage providers, making it more durable and less susceptible to data loss.
  5. Interoperable: Filecoin is built using the InterPlanetary File System (IPFS) protocol, which allows for the efficient retrieval and sharing of data.
  6. High scalability: Filecoin is built to handle a large number of storage providers and users, which means that the network has the potential to scale to meet the storage needs of a large number of users.

​​You can buy Filecoin (FIL) in Australian dollars (AUD) here.

​Fantom (FTM)

Fantom (FTM) is a cryptocurrency and blockchain platform that aims to provide fast and secure transactions. It uses a unique consensus algorithm called the "Opera" consensus which is a combination of the BFT (Byzantine Fault Tolerance) and DAG (Directed Acyclic Graph) algorithms. It is designed to be scalable, allowing for high throughput and low latency. It also aims to provide interoperability between different blockchain networks, allowing for cross-chain transactions. The Fantom Foundation is the organisation behind the development and maintenance of the Fantom network.

Fantom (FTM) has several strengths, including:
  1. Scalability: The Opera consensus algorithm used by Fantom allows for high throughput and low latency, making it capable of handling a large number of transactions per second.
  2. Interoperability: The Fantom network aims to provide interoperability between different blockchain networks, allowing for cross-chain transactions.
  3. Security: The BFT element of the Opera consensus algorithm provides a high level of security and fault tolerance.
  4. Decentralised: Being a decentralised blockchain, it allows the community to govern and validate transactions on the network, which ensures transparency and fairness.
  5. Multi-language support: The platform's smart contract functionality supports multiple programming languages, which makes it accessible to a wider developer community.
  6. Low energy consumption: The DAG-based Opera consensus algorithm is less energy-intensive compared to other consensus algorithms like PoW, which reduces the environmental impact.

​​​You can buy Fantom (FTM) in Australian dollars (AUD) here.

More ​Cryptocurrencies to be added soon...

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