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​Cryptocurrencies

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​Kava (KAVA)

Kava is a decentralised platform that offers loans and stablecoin services in the cryptocurrency market. It operates on a cross-chain infrastructure and uses a proof-of-stake consensus mechanism to secure transactions. The Kava platform's native token, also called KAVA, is used as collateral and for governance.

  1. Cross-chain compatibility: Kava is compatible with multiple blockchain networks, allowing users to access a wider range of assets.
  2. Decentralised lending: Kava offers decentralized lending services, which provides users with more secure and transparent access to loans.
  3. Stablecoins: Kava supports a variety of stablecoins, which can help mitigate price volatility in the cryptocurrency market.
  4. Proof-of-Stake consensus: Kava uses a proof-of-stake consensus mechanism, which is more energy-efficient compared to proof-of-work consensus used by many other cryptocurrencies.
  5. Strong community: Kava has a strong community of developers, investors, and users who support its development and growth.

​You can buy Kava (KAVA) in Australian dollars (AUD) here.

​Klaytn (KLAY)

Klaytn is a public blockchain platform developed by Ground X, a subsidiary of the South Korean internet giant Kakao. The platform's native cryptocurrency is called KLAY. Klaytn aims to provide an efficient and user-friendly blockchain experience for mainstream consumers and businesses, with a focus on scalability and usability. It uses a consensus algorithm called "Proof of Authority" which is a variation of the Proof of Stake algorithm, and is designed to provide faster transaction speeds and lower fees than other blockchain platforms.

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Klaytn (KLAY) has a number of strengths that make it an attractive platform for businesses and developers:
  1. Scalability: Klaytn is designed to handle a large number of transactions per second, which makes it suitable for large-scale, mainstream use cases.
  2. Usability: The platform is designed to be user-friendly and accessible to a wide range of users, from individuals to businesses.
  3. Speed: Transactions on the Klaytn network are processed quickly, which allows for fast and efficient transfer of value.
  4. Low fees: The platform's consensus algorithm, "Proof of Authority", allows for low transaction fees, making it cost-effective to use.
  5. Large user base: Klaytn is developed by Ground X, a subsidiary of the South Korean internet giant Kakao. Kakao has a large user base in South Korea, which could potentially be leveraged to drive adoption of the Klaytn platform.
  6. Enterprise-Ready: Klaytn is built with enterprise-grade features such as data privacy, security, and compliance in mind, making it well suited for enterprise use cases.
  7. Community-driven development: Klaytn has an active and supportive community of developers, which helps to ensure the platform's continued development and improvement.

​You can buy Klaytn (KLAY) in Australian dollars (AUD) here.

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Livepeer (LPT)

Livepeer (LPT) is a decentralised video infrastructure platform built on the Ethereum blockchain. It aims to provide a secure, scalable, and low-cost solution for video streaming and broadcasting, allowing anyone to become a video transcoder and earn rewards in LPT tokens. The network is designed to be highly customisable and open-source, enabling developers to build and deploy new video applications on top of it.

Strengths of Livepeer (LPT) include:
  1. Decentralised: Livepeer operates on a decentralised network, making it more secure and resistant to censorship and downtime.
  2. Scalable: Livepeer is designed to scale to meet the growing demand for video streaming and broadcasting services.
  3. Cost-Effective: Livepeer aims to provide a low-cost solution for video streaming, reducing costs for both content creators and consumers.
  4. Customisable: Livepeer is an open-source platform, allowing developers to build and deploy new video applications on top of it.
  5. Rewards System: Livepeer incentivises users to become transcoding nodes and earn rewards in LPT tokens.
  6. Token Economy: Livepeer has a token economy that aligns the incentives of all participants in the network.

​​You can buy Livepeer (LPT) in Australian dollars (AUD) here.

​Litecoin (LTC)

Litecoin (LTC) is a cryptocurrency that was created in 2011 as a fork of the Bitcoin (BTC) protocol. It was designed to be a "lite" version of Bitcoin, with faster transaction times and lower fees. Like Bitcoin, Litecoin uses a decentralised peer-to-peer network and is based on open-source software.

Litecoin's consensus mechanism is Proof of Work (PoW) and uses the Scrypt algorithm for mining, which is considered less energy-intensive than Bitcoin's SHA-256 algorithm. One of the main goals of Litecoin was to provide a more efficient and accessible alternative to Bitcoin for small transactions.
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Litecoin transactions are confirmed four times faster than Bitcoin transactions and have lower transaction fees. Litecoin has also implemented several updates and upgrades over the years, such as Segregated Witness (SegWit) and the Lightning Network, which have helped to improve the scalability and security of the network.

Litecoin (LTC) has several strengths that make it an attractive cryptocurrency:
  1. Faster transaction times: Litecoin's block time is 2.5 minutes, which is four times faster than Bitcoin's block time of 10 minutes. This allows for quicker confirmation of transactions on the Litecoin network.
  2. Lower fees: Litecoin's transaction fees are generally lower than those of Bitcoin, making it a more cost-effective option for small transactions.
  3. Wider merchant acceptance: Litecoin has been widely accepted by merchants as a form of payment, making it more accessible to users for everyday transactions.
  4. Strong community support: Litecoin has a large and active community of developers and users who work together to improve the network and promote its adoption.
  5. Proven track record: Litecoin has been around for over a decade and has shown a consistent level of stability and reliability.
  6. Scrypt algorithm: Litecoin uses the Scrypt algorithm for mining, which is considered less energy-intensive and more resistant to ASICs (Application-Specific Integrated Circuits) than Bitcoin's SHA-256 algorithm.
  7. SegWit & Lightning Network: Litecoin was one of the first cryptocurrencies to implement SegWit, which has helped to improve the scalability and security of the network. It also has the lightning network enabled which help to reduce the transaction fees and confirmations faster
  8. Silver to Bitcoin's Gold: Litecoin is often referred as the silver to Bitcoin's gold. Many see Litecoin as a "testbed" for new features and upgrades that may eventually be implemented on Bitcoin.

​You can buy Litecoin (LTC) in Australian dollars (AUD) here.

More ​Cryptocurrencies to be added soon...

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