Introduction
Chinese public blockchains have gained global recognition for their innovation and scalability. This guide explores the leading projects, their unique features, and market impact.
Leading Chinese Public Blockchains
1. NEO (Antshares)
- Launch Date: June 2014
- Total Supply: 100 million NEO
- Website: neo.org
- Founder: Da Hongfei
Dubbed "China’s Ethereum," NEO pioneers smart contracts and digital identity solutions. Its compatibility with multiple programming languages enhances flexibility for developers. NEO aims to foster a smart economy by automating digital asset management.
👉 Discover how NEO compares to Ethereum
2. TRON (TRX)
- Launch Date: July 2017
- Total Supply: 99.3 billion TRX
- Website: tron.network
- Founder: Justin Sun
TRON excels in decentralized applications (DApps), particularly gaming and entertainment. Its high throughput (TPS) and low fees (10⁻⁶ TRX/transaction) make it developer-friendly. Despite controversies around Justin Sun, TRON ranks among the most active blockchain projects globally.
Key Innovation: First blockchain to acquire BitTorrent.
3. Qtum (Quantum Chain)
- Launch Date: March 2017
- Total Supply: 101.9 million QTUM
- Website: qtum.org
- Founder: Patrick Dai
Qtum merges Bitcoin’s security with Ethereum’s smart contract functionality. It supports multiple industries through its decentralized application platform.
4. Bytom (BTM)
- Launch Date: August 2017
- Total Supply: 2.1 billion BTM
- Website: bytom.io
- Founder: Chang Jia
Bytom focuses on asset interoperability, bridging physical and digital worlds. Its founder famously advised investing in Bitcoin in 2011—a decision that would’ve yielded millions today.
5. Ontology (ONT)
- Launch Date: February 2018
- Total Supply: 1 billion ONT
- Website: ont.io
- Founder: Li Jun
Ontology’s distributed ledger network achieves 5,000 TPS, supporting cross-chain collaboration. Backed by industry heavyweights, it remains a standout for enterprise solutions.
6. GXChain (GXC)
- Launch Date: June 2017
- Total Supply: 100 million GXC
- Website: gxb.io
- Founder: Huang Minqiang
GXChain specializes in decentralized data exchange, powering applications like Block City. Despite regulatory challenges in 2019, the project resumed operations.
7. VeChain (VET)
- Launch Date: August 2017
- Total Supply: 867.1 billion VET
- Website: vechain.org
VeChain targets IoT and supply chain management, partnering with BMW and DNV. Its Proof-of-Authority consensus ensures enterprise-grade scalability.
👉 Learn about VeChain’s supply chain solutions
8. NULS
- Launch Date: October 2017
- Total Supply: 210 million NULS
- Website: nuls.io
NULS offers modular blockchain solutions, reducing development costs for businesses. Its Chain Factory enables rapid deployment of custom chains.
FAQ
Q: Which Chinese blockchain has the highest adoption?
A: TRON leads in DApp usage, while NEO and Ontology dominate enterprise adoption.
Q: Are these blockchains Ethereum competitors?
A: Projects like NEO and Qtum offer similar smart contract functionality but focus on niche markets.
Q: How does VeChain differ from others?
A: VeChain specializes in IoT and real-world asset tracking, unlike general-purpose chains.
Conclusion
Chinese public blockchains continue to innovate, addressing scalability and industry-specific needs. From NEO’s smart economy to VeChain’s IoT solutions, these projects underscore China’s influence in the blockchain space.
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