A parachain project is a self-sustaining blockchain that works on top of the Polkadot ecosystem. These platforms have their own token running on the standalone blockchain. This is precisely why their goals and operations differ from the ordinary Polkadot ecosystem. This article is about the top 3 polkadot parachain projects that might be worth investing in.
HOPR (HOPR) +33,6 %
According to its website, HOPR is a decentralized network. Anyone can join HOPR and run a node. The nature of the decentralized system is the reason why HOPR is not regulated by any authority. There is no one with specific governance privileges, no authority node or server controlling traffic or access. Rather, all nodes are counterparts that work together through the simple control of the HOPR protocol, which is why the network is operated collaboratively.
HOPR is protected by a Proof-of-Stake (PoS) mechanism. The HOPR token is a standard ERC-20 token. A special feature of the HOPR protocol is the additional application of a proof-of-relay mechanism, which allows each node carrier to receive incentives and correctly forward data in exchange for HOPR tokens. Over the past 30 days, HOPR rice is up almost 125.7%.
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Fractal (FCL) +30 %
According to the company's website, it is an open-source protocol. It was created to enable unrestricted work on the web for everyone. Fractal strikes a new balance that values user privacy, rewards content creators, and protects advertisers from scams. The fractal token FCL serves the conformity and the connection of all network participants. The token does not entail any right to profit, expense allowance, license or voting rights. Rather, the protocol envisions the token acting as the protocol's native coin, increasing the incentives implemented into the protocol. In the last 30 days, the FCL price has increased by almost 30%.
Polkadot Parachain Project: NDN Link (NDN) +125.6%
NDN Link aims to develop a novel network technology called Naming Data Network (NDN). The company relies on the National Science Foundation. NDN Link aims to create content-based, advanced networking technology to facilitate the growth of upcoming Internet applications and services. NDN Link combines NDN (Named Data Networking) and blockchain technology to achieve breakthroughs in many areas such as: B. in naming data as a whole and proof of work in data routing. In this way, a content-based advanced Internet transfer technology infrastructure will be created to monetize NDN technology. In the last 30 days, the NDN price has increased by almost 125.6%.
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