Bitcoiin vs ILCoin vs Primecoin
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. | Primecoin uses prime number generation to improve Bitcoin's PoW protocol. |
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. | Primecoin is a cryptocurrency based on finding prime numbers. Identifying prime numbers plays a central role in cryptography. Primecoin's unique Proof-of-Work (PoW) consensus mechanism is able to increase transaction speeds and improve energy efficiency. |