The following projects are those crypto asset projects who share the values of freedom and liberty.
These coins are listed in alphabetical order, and have been divided into two groups: cryptocurrencies and tokens. Generally speaking, a cryptocurrency is mined, and a token is not; it is most often minted and issued.
Epic Cash (MimbleWimble)
Epic Cash (EPIC) has a circulating supply of 6.9 million coins with a maximum supply of 21 million coins. Epic has introduced a hybrid mining protocol designed to decentralize mining, as well as the native digital currency. Not only can people with the most basic laptop or most expensive ASIC hardware mine the coin, Epic Cash provides private transactions by implementing MimbleWimble technology on all of their transactions. MimbleWimble is a blockchain protocol created to improve privacy, fungibility, and scalability.
Epic offers scalability with a space efficient blockchain whereupon new nodes can be established without resource-intensive equipment, claiming the technology is capable of twice the throughput of Bitcoin. Epic Cash offers privacy, as well, enabling anonymity for Epic holders and protected details of transactions “designed to be untraceable and invisible of surveillance.” Epic transactions occur within a single block confirmation as soon as 1-minute block has been mined. Epic Cash is most often traded on CITEX and block explorers include explorer.epic.tech. The official website is https://www.epic.cash.
HIVE (HIVE) is an open-source social media blockchain and native token which arose as a hard fork from the original Steem blockchain after that social media community was purchased by the controversial Justin Sun, founder of the TRON blockchain.
Hive is essentially a copy of the Steem blockchain, with STEEM stakeholders receiving an equivalent balance of their STEEM holdings in the new HIVE coin, as happens in all hard forks. Similar to Steem, which was developed by Dan Larimer who also designed BitShares and EOS, HIVE allows content creators to publish directly to the Steem blockchain. Hive is mostly traded at Probit exchange. You can explore addresses, and transactions at hiveblocks.com, hiveblockexplorer.com, hive-db.com. The official website is hive.io.
Monero (XMR) currently has a circulating supply of nearly 18 million coins, with no hard cap.
Monero’s privacy-oriented features incorporate ring signatures and stealth addresses. Senders leverage ring signatures to conceal their identity from other participants. Ring signatures are anonymous digital signatures, but they don’t reveal which member signed the transaction.
The Monero platform combines sender’s account keys and clubs with public keys on the blockchain, creating a unique and private ring signature and hiding the identity of the sender. In addition, stealth addresses add more privacy. These addresses, which are generated randomly for one-time use, are created for each transaction on behalf of the recipient. Such stealth addresses conceal the destination address of transactions, hiding the identity of the receiving participant.
Ring Confidential Transactions (RingCT), moreover, hides the transaction amount and is mandatory for all transactions on the Monero network. Monero’s highest volume is on the Waves.Exchange platform. Monero block explorers include monerovision.com, moneroblocks.info, xmr.tokenreview.com, and blockchair.com. The official Monero website is getmonero.org.
Komodo (KMD) has a circulating supply of 120 million coins and a maximum supply of 200 million coins. It is a fork of Zcash, but doesn’t have questionable partnerships with big banks, like JPMorgan as Zcash has. This blockchain inherits many of Zcash’s privacy features, such as Zero-Knowledge Proof protocol to ensure privacy.
Komodo incorporates the atomic swap DEX protocol to enable its P2P exchange, AtomicDEX. Participants leverage atomic swaps DEX protocol to directly exchange digital assets without centralized control. Atomic swaps improve privacy. Komodo is mostly traded at Binance. Komodo block explorers include kmd.explorer.dexstats.info, komodo.com, kmdexplorer.io, and kmd.tokenreview.com.
Status (SNT) has a current circulating supply of 3.82 billion coins, with a maximum supply of 6,804,870,174 SNT. According to their website, Status believes in the “sovereignty of individuals.” This platform says it stands for “the cause of personal liberty” by maximizing social, political, and economic freedoms. “This includes being coercion-resistant,” reads the Status website.
The Status messaging app, which is built atop the Signal protocol, enables the free flow of information. “No content is under surveillance,” they write. “We abide by the crypto economic design principle of censorship resistance.”
Setting up a Status account is more complicated than downloading your typical messaging app. You’ll need a three-word identity for yourself, and if you want to choose your username, you’ll need to create an ENS address, which entails loading up your own wallet. Once you’ve set up your Status identity, you may enter the app’s public chat channels or invite friends to DM.
Status employs a peer-to-peer protocol, not the traditional client-server model deployed throughout most of the internet, as well as end-to-end encryption. With these technologies, Status provides greater privacy and censorship resistance, while enabling greater control over how data is used. Upbit is the most active market trading SNT, and block explorers are available at etherscan.io, ethplorer.io, and enjinx.io. The official website is https://www.status.im.
Nexus (NXS) has a current circulating supply of 60 millions coins with a maximum supply of 78 million coins. This peer-to-peer network looks to improve upon the speed, scalability, security, and accessibility of the current blockchain protocols. The quantum-resistant 3D blockchain features communication satellites in space.
The digital token on the network is Nexus coin (NXS). In the system, nodes create blockchains every 50 seconds, and an NXS transaction requires 6 confirmations, with most transactions costing .01 NXS. Transaction fees are expected to disappear after 10 years, and the system will absorb the fees through inflation. The project raises funds for itself through a Developer Fund that takes a small commission from mining rewards. 20 percent of the block rewards are slotted for marketing and production and launch of the Nexus satellite network.
We were tipped off to Nexus via the project’s lead engineer’s freedom loving father, who is also the first VP of SpaceX. In the Nexus’ literature, freedom too is given some airplay. “Nexus’ secure cryptocurrency and decentralized peer-to-peer network will grant greater freedom and transactional transparency for global access to financial services.” Nexus is mostly traded on Upbit, with block explorers such as nexplorer.io and nxsorbitalscan.com. The official website is https://www.nexus.io.
Verge (XVG) has a current circulating supply of 16.3 billion coins and a maximum supply of 16,555,000,000 XVG.Verge (XVG) leans on The Onion Router (TOR) and the Invisible Internet Projects (I2P) to protect users’ identities. TOR works by routing a user’s communications over a distributed network of relays and tunnels, which volunteers run worldwide, hiding a user’s identity.
I2P encrypts user data before it is sent through an anonymous, peer-to-peer, and volunteer-run globally distributed network. IP addresses and locations of transacting participants can thereby be hidden. XVG is mostly traded on Binance and the network’s block explorers include very-blockchain.info and xvg.tokenreview.
When users view Brave Ads, they receive 70% of the ad revenue. By downloading the Brave browser, you can automatically start earning BAT. The token can be used to purchase advertising and attention-based services on the BAT platform. The token’s utility is based on user attention, which simply means a person’s focus. The token is available on numerous exchanges, such as Binance, Coinbase, Bitflyer, etc. The network’s block explorers include etherscan.io, ethplorer.io, and blockchair.com. The official website is https://www.basicattentiontoken.org.
LBRY.TV (LBC) has a current circulating supply of 368 million coins and a max supply of 1,083,202,000 LBC. LBRY, which is an internet protocol similar to HTTP or SMTP, allows for the publishing of digital content with no middleman, censorship or other interference. LBRY.TV launched and allows anyone in the world to immediately start using LBRY.
LBRY hosts videos, music, ebooks, and more. It is a protocol that allows developers to build apps that interact with the digital content on the LBRY network. Apps built using the protocol enable creators to upload their work to the LBRY network of hosts, similar to how BitTorrent works. Users can set a price per stream or download a la the iTunes model or for free. Publishers can upload videos, audio files, documents or any other type of file.
LBRY’s native token, LBC or LBRY credits, is the digital token powering the LBRY network. Users can earn rewards simply by viewing content, following channels, publishing content, having other users follow your channels or inviting other people to join LBRY, and more. Rewards are issued by LBRY Inc. You can find an explorer for LBC on the official site at https://explorer.lbry.com/.
Orchid (OXT) has a current circulating supply of 65,807,277 with a maximum supply of 1,000,000,000 OXT. Orchid claims to be the first peer-to-peer, incentivized privacy network, on which participants buy and sell bandwidth with the native token. Users browse privately and access content freely. The first offering is the Orchid client, which is an open-source tool enabling users to explore the web with the privacy needed and served by an open marketplace for bandwidth built on top of Ethereum. The nodes on the network are displayed and users can choose which routes they want to take.
This ERC-20 digital token is used to exchange value on the Orchid network, and Orchid users purchase bandwidth with OXT, while Orchid node providers receive OXT in exchange for their bandwidth. Both users and providers stake OXT.
Orchid works to provide online privacy by pricing bandwidth to meet needs of users and providers, which is achieved through a unique decentralized bandwidth marketplace, where providers compete to offer their services to providers.
The price of Orchid bandwidth fluctuates with the market, and providers may set their own rates. According to the Orchid website, each OXT provides about 6 GBs of service on Orchid, though that is subject to fluctuations in the market price. 30 OXT should allow a user to receive approximately 250 GBs of service, which could last an entire year. OXT tokens are available on Coinbase, gemini, OKEX, and Bittrex.
0x (0x) has a circulating supply of 660 million coins and a maximum supply of 1 billion coins. As the antithesis of an exchange such as Coinbase, 0x is working to decentralize the exchange of Ethereum-based tokens. Developers can use the decentralized exchange protocol behind 0x to build their own cryptocurrency exchanges. The company’s founder has referred to the solution as the “Craigslist for cryptocurrencies.” Any developer can create their own cryptocurrency exchange and post it online.
A developer described 0X as “trying to monetize Linux,” referring to the open source operating system that can be downloaded for free.
The 0x protocol represents standard rules that essentially represents a standard messaging format and set of smart contracts so that transacting entities can exchange digital assets or tokens. 0x is modeled after the SWIFT system, which provides a network that enables financial institutions to transfer money, but is designed for decentralized exchanges to trade digital tokens and assets running on the Ethereum blockchain. 0x is most actively traded on Binane, and block explorers include etherscan.io, ethplorer.io, and blockchair.com. The official website is https://www.0x.org.