According to litecoinhalving.com, Litecoin recently finished its third halving at block 2,520,000 on August 3, 2023, reducing the block reward from 12.5 LTC to 6.25 LTC; the next halving is expected to take place on July 30, 2027, and will halve the reward for the fourth time.

In the wake of the LTC halving, PoW coins have once again captured the crypto spotlight. CoinEx, a global crypto exchange, has continued to list innovative cryptos, offering first-rate PoW trading options. Today, we will highlight several promising PoW coins available on CoinEx (note: the article is for reference only and offers no financial advice).

KDA (Kadena)

Kadena is a scalable Layer 1 PoW network that provides a complete decentralized infrastructure for builders. The network consists of a Layer 1 public blockchain protocol called Chainweb and a Layer 2 protocol called Kuro. Both layers are interoperable through Pact, their smart contract language.

KDA is used to pay for computations on the Kadena public chain. Just like ETH on Ethereum, KDA on Kadena is how miners are rewarded for mining blocks on the network. KDA is also the fee users pay to have their transactions added to a block. With a total supply of 1 billion to be mined over 120 years, KDA is distributed to miners (70%), platform (20%), investors (7%), and contributors (3%).

ZANO (Zano)

Zano, launched in July 2021, aims to provide stability and security for e-commerce transactions. Zano, a privacy-centric blockchain ecosystem, was launched in 2019. The project leverages ring signatures and stealth addresses to enable anonymous, untraceable transactions. Zano’s multi-signature feature allows multiple users to control a single wallet, which can be used for escrow services or two-factor authentication. Also, the way transaction data is stored on the blockchain allows access by authorized parties only, and none of the private data is ever publicly published. The confidentiality of all Zano transactions is hard-coded into the core. By concealing all sending and receiving addresses, Zano maximizes the level of privacy for every user.

Here’s how the ZANO supply is distributed:

Foundation fund set aside for marketing, partnerships, and ongoing project expenses: 55%

Founders, team members, and contributors: 30%

Development loan: 15%

ZANO’s circulating supply comes from PoW and PoS output after the premine. In particular, PoW mining comes with a block time of 1 minute, a block reward of 1 ZANO, and a daily output of 1,440 ZANO. Recently, CoinEx also introduced a ZANO airdrop campaign, giving away free ZANO tokens to over 2,000 registered users.

FLUX (Flux)

Flux is a decentralized computing network backed by a vibrant ecosystem featuring a comprehensive suite of decentralized computing services and blockchain-as-a-service solutions, which also offer an interoperable, decentralized, AWS-like development environment. The Flux operating system runs on top of Linux to provide the network with verified and benchmarked high-availability computing power and utilizes the blockchain to ensure transparency in governance operations.

Flux utilizes a native PoW coin to power this ecosystem, providing incentives for hardware hosters, on-chain governance, and bad actor mitigation via staking requirements for running hardware.

KAS (Kaspa)

Kaspa is based on GhostDAG/PHANTOM, a PoW consensus protocol, and also a scalable generalization of the Nakamoto Consensus (Bitcoin consensus). Its design is faithful to the principles Satoshi embedded into Bitcoin — PoW mining, UTXO-formed isolated state, deflationary monetary policy, no premine, and no central governance. In other words, Kaspa, like Bitcoin, is fully decentralized and permissionless, and anyone can get involved and protect the network. The core consensus of Kaspa also provides an effective shield over its security.

Kaspa uses BlockDAG to build its blockchain. The advantage of BlockDAG is that it generates multiple blocks every second for posting transactions to the ledger and then aggregating and ordering the transactions, which ultimately boosts the overall efficiency of bookkeeping on the blockchain. Additionally, Kaspa employs the KHeavyHash algorithm, which allows miners to use both GPU and FPGA devices. This means that KAS miners can adopt common AMD and NVIDIA graphics cards, partly explaining the reason behind the popularity of Kaspa among GPU miners. CoinEx listed KAS in 2022, making it one of the earliest platforms to support KAS trading.

RXD (Radiant)

Radiant is a peer-to-peer digital asset system that enables direct exchange of value without going through a central party. The original Bitcoin protocol provides what is needed to create a P2P electronic cash system, but lacks the ability to verify transaction histories and, therefore, cannot be used to validate digital assets.

Radiant, like Bitcoin, timestamps transactions into an ongoing hash-based chain of proof-of-work. That said, the network also differs from Bitcoin, as it introduces two techniques to validate digital assets: unique references and a general purpose induction proof system, both of which operate in constant O(1) time and space. It is possible to compose outputs in any manner, without compromising the inherent parallelism and performance characteristics of a UTXO-based architecture. Therefore, users can leave and rejoin the Radiant network at will and be assured of the integrity and authenticity of their digital assets.

RXD features a total supply of 21 billion, with a 50,000 block emission and two-year halving cycles.

OCTA (OctaSpace)

Launched in April 2023, OctaSpace is a decentralized cloud computing platform built on blockchain technology. The project is designed to be easy to use, even for those who are new to the concept of distributed computing. With OctaSpace, users can tap into the power of CPU and GPU resources from nodes all over the world to tackle heavy tasks. Moreover, users with spare hardware can even become a host and make earnings by renting out their CPU/GPU or traffic. CoinEx recently rolled out an OCTA airdrop, distributing 20,000 free OCTA tokens to its users.

On CoinEx, holders of PoW coins can stay updated with coin information through Market Overview — Crypto List — Mining (PoW). Moving ahead, the exchange will continue to offer more premium PoW trading options.

PoW coins are a key part of the crypto market. For miners, PoW mining represents a primary channel to invest and profit; for traders, the potential and value of PoW coins are the top considerations in crypto investment. Today, as the PoW-based BTC remains the №1 crypto, more and more innovative and well-performing PoW projects are emerging, with promising futures.

PS: The article is for reference only and offers no financial advice.

About CoinEx

Established in 2017, CoinEx is a global cryptocurrency exchange committed to making trading easier. The platform provides a range of services, including spot and margin trading, futures, swaps, automated market maker (AMM), and financial management services for over 5 million users across 200+ countries and regions. Founded with the initial intention of creating an equal and respectful cryptocurrency environment, CoinEx is dedicated to dismantling traditional finance barriers by offering easy-to-use products and services to make crypto trading accessible for everyone.

According to litecoinhalving.com, Litecoin recently finished its third halving at block 2,520,000 on August 3, 2023, reducing the block reward from 12.5 LTC to 6.25 LTC; the next halving is expected to take place on July 30, 2027, and will halve the reward for the fourth time.

In the wake of the LTC halving, PoW coins have once again captured the crypto spotlight. CoinEx, a global crypto exchange, has continued to list innovative cryptos, offering first-rate PoW trading options. Today, we will highlight several promising PoW coins available on CoinEx (note: the article is for reference only and offers no financial advice).

KDA (Kadena)

Kadena is a scalable Layer 1 PoW network that provides a complete decentralized infrastructure for builders. The network consists of a Layer 1 public blockchain protocol called Chainweb and a Layer 2 protocol called Kuro. Both layers are interoperable through Pact, their smart contract language.

KDA is used to pay for computations on the Kadena public chain. Just like ETH on Ethereum, KDA on Kadena is how miners are rewarded for mining blocks on the network. KDA is also the fee users pay to have their transactions added to a block. With a total supply of 1 billion to be mined over 120 years, KDA is distributed to miners (70%), platform (20%), investors (7%), and contributors (3%).

ZANO (Zano)

Zano, launched in July 2021, aims to provide stability and security for e-commerce transactions. Zano, a privacy-centric blockchain ecosystem, was launched in 2019. The project leverages ring signatures and stealth addresses to enable anonymous, untraceable transactions. Zano’s multi-signature feature allows multiple users to control a single wallet, which can be used for escrow services or two-factor authentication. Also, the way transaction data is stored on the blockchain allows access by authorized parties only, and none of the private data is ever publicly published. The confidentiality of all Zano transactions is hard-coded into the core. By concealing all sending and receiving addresses, Zano maximizes the level of privacy for every user.

Here’s how the ZANO supply is distributed:

Foundation fund set aside for marketing, partnerships, and ongoing project expenses: 55%

Founders, team members, and contributors: 30%

Development loan: 15%

ZANO’s circulating supply comes from PoW and PoS output after the premine. In particular, PoW mining comes with a block time of 1 minute, a block reward of 1 ZANO, and a daily output of 1,440 ZANO. Recently, CoinEx also introduced a ZANO airdrop campaign, giving away free ZANO tokens to over 2,000 registered users.

FLUX (Flux)

Flux is a decentralized computing network backed by a vibrant ecosystem featuring a comprehensive suite of decentralized computing services and blockchain-as-a-service solutions, which also offer an interoperable, decentralized, AWS-like development environment. The Flux operating system runs on top of Linux to provide the network with verified and benchmarked high-availability computing power and utilizes the blockchain to ensure transparency in governance operations.

Flux utilizes a native PoW coin to power this ecosystem, providing incentives for hardware hosters, on-chain governance, and bad actor mitigation via staking requirements for running hardware.

KAS (Kaspa)

Kaspa is based on GhostDAG/PHANTOM, a PoW consensus protocol, and also a scalable generalization of the Nakamoto Consensus (Bitcoin consensus). Its design is faithful to the principles Satoshi embedded into Bitcoin — PoW mining, UTXO-formed isolated state, deflationary monetary policy, no premine, and no central governance. In other words, Kaspa, like Bitcoin, is fully decentralized and permissionless, and anyone can get involved and protect the network. The core consensus of Kaspa also provides an effective shield over its security.

Kaspa uses BlockDAG to build its blockchain. The advantage of BlockDAG is that it generates multiple blocks every second for posting transactions to the ledger and then aggregating and ordering the transactions, which ultimately boosts the overall efficiency of bookkeeping on the blockchain. Additionally, Kaspa employs the KHeavyHash algorithm, which allows miners to use both GPU and FPGA devices. This means that KAS miners can adopt common AMD and NVIDIA graphics cards, partly explaining the reason behind the popularity of Kaspa among GPU miners. CoinEx listed KAS in 2022, making it one of the earliest platforms to support KAS trading.

RXD (Radiant)

Radiant is a peer-to-peer digital asset system that enables direct exchange of value without going through a central party. The original Bitcoin protocol provides what is needed to create a P2P electronic cash system, but lacks the ability to verify transaction histories and, therefore, cannot be used to validate digital assets.

Radiant, like Bitcoin, timestamps transactions into an ongoing hash-based chain of proof-of-work. That said, the network also differs from Bitcoin, as it introduces two techniques to validate digital assets: unique references and a general purpose induction proof system, both of which operate in constant O(1) time and space. It is possible to compose outputs in any manner, without compromising the inherent parallelism and performance characteristics of a UTXO-based architecture. Therefore, users can leave and rejoin the Radiant network at will and be assured of the integrity and authenticity of their digital assets.

RXD features a total supply of 21 billion, with a 50,000 block emission and two-year halving cycles.

OCTA (OctaSpace)

Launched in April 2023, OctaSpace is a decentralized cloud computing platform built on blockchain technology. The project is designed to be easy to use, even for those who are new to the concept of distributed computing. With OctaSpace, users can tap into the power of CPU and GPU resources from nodes all over the world to tackle heavy tasks. Moreover, users with spare hardware can even become a host and make earnings by renting out their CPU/GPU or traffic. CoinEx recently rolled out an OCTA airdrop, distributing 20,000 free OCTA tokens to its users.

On CoinEx, holders of PoW coins can stay updated with coin information through Market Overview — Crypto List — Mining (PoW). Moving ahead, the exchange will continue to offer more premium PoW trading options.

PoW coins are a key part of the crypto market. For miners, PoW mining represents a primary channel to invest and profit; for traders, the potential and value of PoW coins are the top considerations in crypto investment. Today, as the PoW-based BTC remains the №1 crypto, more and more innovative and well-performing PoW projects are emerging, with promising futures.

PS: The article is for reference only and offers no financial advice.

About CoinEx

Established in 2017, CoinEx is a global cryptocurrency exchange committed to making trading easier. The platform provides a range of services, including spot and margin trading, futures, swaps, automated market maker (AMM), and financial management services for over 5 million users across 200+ countries and regions. Founded with the initial intention of creating an equal and respectful cryptocurrency environment, CoinEx is dedicated to dismantling traditional finance barriers by offering easy-to-use products and services to make crypto trading accessible for everyone.