These 5 Alt Coins expectation is very high and explosive.

Ethereum Name Service (ENS)

Ethereum Name Service (ENS) is a blockchain-based, distributed, and extensible network naming protocol. Its token is called ENS.

1. Founder And Date Of Release?

Ethereum Name Service was created on April 4, 2016, by engineer Nick Johnson, who worked as a developer at the Ethereum Foundation.

It was released on May 4, 2017, with the approval of all developers. The non-profit True Names LTD currently carries out the development of ENS.

2. Infrastructure of ENS

ENS is similar to DNS, known as the domain name service in the internet network, and works on the Ethereum network.

3. What It is Promising To People?

ENS handles the task of matching machine-readable identifiers on the Ethereum network, such as name, address, different cryptocurrency addresses, and metadata.

Smart contracts protect the system’s rules, and everyone can get a domain name of their own within the framework of these rules. A wallet or internet address can be added in this field.

4. Is ENS Mining?

ENS is not a mined token.

5. Low And High Prices, Total Supply Number

ENS saw its lowest price to date at $22.92 on November 9, 2021, and its highest price on November 11, 2021, at $85.69. With a circulating supply of 14,566,540 ENS, the token’s total supply is 100,000,000 ENS.

Axie Infinity (AXS)

Axie Infinity (AXS) is a blockchain-based game. The name of the token used in the game is AXS.

1. Founder And Date Of Release?

Axie Infinity was founded in 2018 by Sky Mavis founded by Trung Nguyen and Aleksandar Larsen. Later, a company with the same name as the game was founded.

2. Infrastructure of AXS

AXS is built on the Ethereum blockchain. Each of the animals named Axie, the protagonist of the game, is an ERC-721-based NFT.

3. What It is Promising To People?

AXS was inspired by pokemon in terms of the flow and layout of the game. However, the feature that distinguishes it from other blockchain-based games is that each Axie can be produced a maximum of seven times, thus protecting the population.

4. Is AXS Mining?

AXS is a token that can be earned based on game wins. The staking feature will be added to the game in the near future.

5. Low And High Prices, Total Supply Number

While AXS saw its lowest price ever on November 6, 2020, with $0.1234, it saw its highest price on November 6, 2021, with $165.37. The cryptocurrency’s total supply, which has a circulating supply of 60,907,500 AXS, is 270,000,000 AXS.

Livepeer (LPT)

Livepeer (LPT) is a decentralized video content sharing platform. Its token is LPT.

1. Founder And Date Of Release?

Livepeer was created in 2016 at the company Livepeer Inc, which was founded by Doug Petkanics and Eric Tang. It became operational in 2017.

2. LPT infrastructure

LPT is an open-source protocol built on the Ethereum blockchain. It has P2P broadcast capability and can run on all DApp based applications.

3. What It is Promising To People?

LPT, as a blockchain-based video and live broadcast platform, promises publishers a free environment. Moreover, it aims to eliminate all existing problems with the automatic scaling feature of the contents.

4. Is LPT Mining?

LPT mining can be done by a method called ‘video mining’ within the system.

5. Low And High Prices, Total Supply Number

LPT saw its lowest price so far at $ 0.4206 on March 13, 2020, while its highest price was seen on November 9, 2021, with $ 100.24. The total supply of the cryptocurrency, whose circulating supply is 21,164,655 LPT, is 22,859,012 LPT.

Bitcoin Cash (BCH)

Bitcoin Cash (BCH), with block reward halving, is a cryptocurrency that emerged as a hard fork of Bitcoin. With the halving, the block rewards of BCH miners will now be halved.

1. When and why was it created?

Due to the nature of Bitcoin, there is a certain limit to recorded transactions. This caused the speed of transactions to be slow.

With the increase in the spread and use of BTC day by day, the possibilities of faster transactions began to be explored. A team led by Amaury Séchet started to work on raising the block size limit and creating a faster infrastructure.

BCH emerged on April 1, 2017, with the hard fork, which means forced fork, which was made to bring new functions to the software infrastructure.

Users were defined as BCH as much as the amount of BTC in their accounts.

2. BCH infrastructure

The capacity of block sizes in BTC was 1 MB, causing slow transactions or high transaction fees.

For this, it was decided to increase the limit to 2 MB, but this did not completely solve the problems.

BCH has increased this capacity to 8 MB. Thus, the speed of transactions increased.

3. What does it promise to users?

BCH is faster than BTC due to its large block sizes.

In addition, it is possible to make transfers more cost-effectively.

4. Is BCH Mining?

-Yes, the mining of BCH, which is transacted on the blockchain.

-Miners earn rewards for every block produced in BCH as well. With the halving, miners from now on will receive a reward of 6.25 BCH, not 12.5 BCH.

-In mining, new blocks are created by performing complex mathematical calculations, and the total processing power of the network is called the “hash rate”.

-Since the reward will decrease later in the block reward halving processes, it can be observed that the demand for mining first increases, and after the halving, some miners prefer to withdraw from the network for the same reason.

This can cause changes in processing power. Time will tell how BCH’s hash rate will be affected by this situation.

5. Low And High Prices, Total Supply Number

-This cryptocurrency is limited to a total of 21 million BCH.

-Its circulating supply is 18,373,200 BCH.

-BCH’s lowest value was $75.03 in December 2018, while its highest value was $4,355.62 in December 2017.

Ravencoin (RVN)

Ravencoin, which allows users to integrate their assets into the blockchain, also provides a messaging system for those who own this cryptocurrency. In addition, the Ravencoin network also allows personal assets to be registered.

1. Founder And Date Of Release?

Ravencoin is a project started and developed by Bruce Fenton. Ravencoin takes its name from the bird delivery system in George RR Martin’s novel A Song of Ice and Fire.

Although it was released on October 31, 2017, its mining became free on January 3, 2018, the 9th anniversary of creating the first Bitcoin block.

2. Ravencoin infrastructure

Developed using a hard fork of Bitcoin, Ravencoin is seen as an alternative to ERC-20 protocols.

3. What It is Promising To People?

Ravencoin has a similar mechanism and idea to Bitcoin. But there is a different hash algorithm. Considering security as a priority, Ravencoin is seen as one of the innovative projects that paves the way for users to create and trade digital assets on this network.

4. Is Ravencoin Mining?

Ravencoin is a mined cryptocurrency. Mining is done with proof of work.

5. Low And High Prices, Total Supply Number

Ravencoin saw its highest price of $0.080258 on June 3, 2019, and the lowest price of $0.008794 on March 13, 2020. The circulating supply of Revancoin, whose total supply is determined as 21 billion RVN, is 7,465.525,000 RVN.