3 assets shown
BTC
Bitcoin
Monetary network- Design
- Proof-of-work
- Primary function
- Network adoption and transfer of value
- Questions to investigate
- Price volatility, mining concentration, key loss and transaction finality.
Primary source: Bitcoin.org ETH
Ethereum
Programmable network- Design
- Proof-of-stake
- Primary function
- Computation, smart contracts and network participation
- Questions to investigate
- Price volatility, contract bugs, validator penalties and application dependencies.
Primary source: Ethereum.org USDC
USD Coin
Fiat-backed token- Design
- Issuer-backed token; available on multiple networks
- Primary function
- Dollar-denominated transfer and settlement
- Questions to investigate
- Depegging, issuer failure, reserve and redemption conditions, network mismatch and freezing.
Primary source: Circle