Bitcoin

by Bitcoin Foundation

4/5

(5)
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TrumpCoin

by TrumpCoin

(0)
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QChi

by Qchi

(0)
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Bitcoin

by Bitcoin Foundation

4/5

(5)
Visit Website

TrumpCoin

by TrumpCoin

(0)
View Profile

QChi

by Qchi

(0)
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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.TrumpCoin wants to organize Trump supporters and enable them to contribute to his political goals through a digital currency.Qchi does not appear to solve any problems that are not being addressed by other projects.

Token Stats

Company Description

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.
Bitcoin was developed by Satoshi Nakamoto, whose identity has never been confirmed and has become the subject of great intrigue. Bitcoin builds upon on other cryptographic and digital currency projects that came before it, but its use of blockchain made it more viable. Nakamoto originally released his white paper and open-source software on a cryptography forum. He mined the first block of the Bitcoin chain, called the genesis block in January 2009.
Bitcoins are created as a reward for a process known as mining. One of the core innovations of Bitcoin, is its consensus algorithm, which creates an incentive system that rewards miners for confirming transactions.
Hal Finney, who developed the first reusable proof-of-work system (RPOW), several years before, was the first Bitcoin adopter and received the first bitcoin transaction ever recorded on its blockchain.

TrumpCoin is a cryptocurrency that was created to support Donald Trump. Their marketing materials do not provide specific details about what they hope to achieve, or why they need a blockchain-based digital currency. TrumpCoin has a hybrid Proof-of-Work (PoW) and Proof-of-Stake (PoS) consensus mechanism.

QChi is an Ethereum-based token with no clear benefits. Their marketing materials do not provide any specific information about their roadmap or what advantages it offers compared to other cryptocurrencies.

Ratings

Overall

4.5/5 (5)

(0)

(0)

Will this currency still be used in 10 years?

4/5

How scalable is this currency?

4.5/5

How adaptable is this currency to the changing needs of the market?

4/5

How effective is this currency as a medium of exchange?

3.5/5

How effective is this currency as a store of value?

4/5