Aurora vs MonaCoin vs Flash Coin
What problem does this service solve?
Aurora aims to create a dPoS blockchain platform with fast transaction times. | MonaCoin is the first Japanese cryptocurrency. | Flash Coin aims to create a decentralized currency that will be fast enough to enable everyday use. |
Token Stats
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. | MonaCoin is the first alternative cryptocurrency developed in Japan. It is based on the popular Japanese character, Mona. MonaCoin has a Proof-of-Work (PoW) consensus mechanism and uses a version of the Lyra2RE mining algorithm that was first used by Vertcoin. | Flash Coin is a cryptocurrency designed to be used for everyday transactions. Flash's blokchain has a delegate-based consensus model that depends on elected delegates to verify transactions. These delegates elect 25 Miners who create new blocks on the blockchain. Each miner is given a specific time where they can mine a block. The Flash Coin algorithm also introduces a concept called Consensus Height, which refers to the moment when more than half of elected miners have created a block on top of another block in the chain. |