Bitcoiin vs ILCoin vs Ravencoin
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. | Ravencoin wants to create a blockchain that will improve the tracking of digital asset ownership. |
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. | Ravencoin is a blockchain created by the owner of Overstock.com. It is a use case specific blockchain for the declaration of ownership of digital assets. Ravecoin is a fork of Bitcoin, and was originally funded by Medici Ventures, a blockchain investment fund owned by Overstock.com. |