Bitcoiin vs ILCoin vs Groestlcoin
What problem does this service solve?
Bitcoiins goal is to create a decentralized currency with faster transactions times and lower fees. | ILCoin's goal is to create a blockchain with faster transactions that will also enable users to create smart contracts. | Groestlcoin is a highly adaptable cryptocurrency with fast transaction times and minimal fees. |
Token Stats
Company Description
Bitcoiin is a cryptocurrency that was created to address some of the issues that have plagued the original Bitcoin ecosystem. It's Proof-of-Work (PoW) consensus mechanism is designed to decrease transactions times and fees, as well as make mining rewards easier to earn. | ILCoin is a PoW cryptocurrency. Their goal is to become the first cryptocurrency that uses the SHA-256 encryption algorithm to be able to execute smart contracts. The ILCoin is traded on several exchanges under the symbol ILC. | Groestlcoin is a blockchain payment protocol with a number of technical innovations and an active developer community. Groestlcoin was the first coin that activated SegWit and supports the Lightning Network. Transaction fees are very low and it claims to have instant payments. It is also one of the only coins that can be sent over SMS. |