Bitcoin vs Vitae
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.||Vitae does not appear to solve any problems or provide any technical advantages, compared to other projects.|
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.
Vitae is a Proof-of-Stake (PoS) blockchain platform that is a fork of PIVx. It is based on Blackcoin's PoS protocol. The company's marketing materials claim that its focus will be on facilitating social rewards and global prosperity, but they do not provide any specifics about what will distinguish them from other networks. It is powered by the VITAE coin.