Bitcoin vs PLATINCOIN
What problem does this service solve?
|Bitcoin is the first digital currency and the first use case of Blokchain technology. The bitcoin blockchain was the first decentralized, immutable, and transparent ledger.||PLATINCOIN creates a Proof-of-Stake consensus mechanism with a long term commitment from network participants to contribute to managing the network.|
Bitcoin is the first digital currency based on blockchain. It solved the double-spending problem and enabled peer-to-peer transactions on a large scale. Bitcoin was designed to work as a trustless digital currency that would function without government oversight or a central bank.
PLATINCOIN is a Proof-of-Stake coin that is minted instead of mined. Users participate in managing the network by renting hardware space from the project organizers for a period of 36 months. These computing resources will drive the PoS consensus, and the users that rent the hardware will be rewarded with newly minted PLC coins.