Crypto

United States

Virtual currencies are decentralized, math-based digital assets in which transactions can be performed cryptographically without the need for a central issuing authority. The first specification and proof of concept of Bitcoin, the first widely used virtual currency, was published in 2009 based on a paper published pseudonymously by Satoshi Nakamoto.

Ethereum is an open-source, public, blockchain-based distributed computing platform featuring smart contract (scripting) functionality. It provides a decentralized Turing-complete virtual machine, the Ethereum Virtual Machine (EVM), which can execute scripts using an international network of public nodes. Ethereum also provides a cryptocurrency token called "ether", which can be transferred between accounts and used to compensate participant nodes for computations performed. "Gas", an internal transaction pricing mechanism, is used to mitigate spam and allocate resources on the network.

FTT is the native token of the FTX Trading Platform ecosystem. FTT allows holders to receive discounts on trading fees as well as other benefits

As of 27th May 2022, LUNA has been rebranded to LUNC (Terra Classic). Terra Classic is a decentralized financial payment network that is rebuilding traditional payment technology on the blockchain. It manages a basket of fiat pegged stablecoins that are algorithmically managed by the protocol via its LUNC Token. In addition, LUNC is used to pay for transaction fees, staking collateral and to vote. Terra Classic is the orginal technology behind Terra 2.0 (LUNA) which is a new crypto asset running on a new Blockchain. For more information see https://docs.terra.money/docs/migration/exchange-migration.html

The Frax Protocol is the first fractional-algorithmic stablecoin system. Frax is open-source, permissionless, and entirely on-chain – currently implemented on Ethereum (with possible cross chain implementations in the future). The end goal of the Frax protocol is to provide a highly scalable, decentralized, algorithmic money in place of fixed-supply digital assets like BTC.

Financials

Shrimpy

Shrimpy develops the most advanced APIs for crypto exchange management, trade execution, and real-time data collection.

Michael McCarty
Founder
• Shrimpy

Summary

Areas of Expertise

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