Aurora

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Litecoin

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PRIZM

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Aurora

by Aurora

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Litecoin

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PRIZM

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What problem does this service solve?

Aurora aims to create a dPoS blockchain platform with fast transaction times.Litecoin is designed to improve upon some of Bitcoin's limitations. It's based on the Bitcoin protocol, but has faster transaction times, lower fees, and requires less computational power. This makes it a better alternative for everyday use.PRIZM is a Russian cryptocurrency project that uses a variation of PoS to drive network participation by users.

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Company Description

Aurora is developing a blockchain platform that is based on a hybrid dPoS and BFT consensus mechanism. Aurora aims to improve overall blockchain performance with better transaction speeds and security features. Aurora has a multi-chain architecture and an Intelligent App Isolation system that are designed to allow for better smart contract execution. The network is currently powered by the Ethereum-based AOA token.

Litecoin is a crytptocurrency that was created to serve as the “silver” to bitcoin’s "gold." It is based on the core Bitcoin protocol, but was designed with several key features that provide it with advantages over Bitcoin.
Litecoin has significantly reduced transaction times by limiting the target block processing time to 2.5 minutes. It also has a total coin supply that is 4 times larger, and utilizes a different hashing algorithm called Scrypt, that requires a smaller workload and less computation power than Bitcoin's SHA-256 algorithm. This enables much faster transactions at a much lower cost to users. These features make Litecoin easier to use and to mine. Since its creation, Litecoin has gained a large market cap and widespread adoption among cryptocurrency users in need of a coin for everyday transactions.

PRIZM is an open-source cryptocurrency based on the NEXT core. The PRIZM architecture is built in JAVA. It has a Proof-of-Stake (PoS) consensus mechanism that varies slightly from other PoS algorithms. It is designed to be more resistant to attacks against the network. PRIZM has developed the concept of paramining, which helps the network achieve consensus and encourages community participation.

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