Bitcoin

by Bitcoin Foundation

4/5

(5)
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Bitcoin Cash SV

by Bitcoin Cash SV

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ICON

by The Loop

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Bitcoin

by Bitcoin Foundation

4/5

(5)
Visit Website

Bitcoin Cash SV

by Bitcoin Cash SV

(0)
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ICON

by The Loop

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What problem does this service solve?

Bitcoin is the first digital currency and the first use case of Blokchain technology. The bitcoin blockchain was the first decentralized, immutable, and transparent ledger.Bitcoin Cash SV aims to improve transaction speeds by increasing the block size of the Bitcoin Cash protocol.ICON wants to integrate multiple blockchains, that were designed with different purposes, in a unified system. ICON is a very ambitious project that tries to combine various elements of other decentralized projects into a combined symbiotic system.

Token Stats

Company Description

Bitcoin is the first digital currency based on blockchain. It solved the double-spending problem and enabled peer-to-peer transactions on a large scale. Bitcoin was designed to work as a trustless digital currency that would function without government oversight or a central bank.
Bitcoin was developed by Satoshi Nakamoto, whose identity has never been confirmed and has become the subject of great intrigue. Bitcoin builds upon on other cryptographic and digital currency projects that came before it, but its use of blockchain made it more viable. Nakamoto originally released his white paper and open-source software on a cryptography forum. He mined the first block of the Bitcoin chain, called the genesis block in January 2009.
Bitcoins are created as a reward for a process known as mining. One of the core innovations of Bitcoin, is its consensus algorithm, which creates an incentive system that rewards miners for confirming transactions.
Hal Finney, who developed the first reusable proof-of-work system (RPOW), several years before, was the first Bitcoin adopter and received the first bitcoin transaction ever recorded on its blockchain.

Bitcoin Cash SV is a cryptocurrency that was created as a result of a hard fork of the Bitcoin Cash blockchain that occurred on November 15, 2018. The central issue that led to the hard fork of Bitcoin Cash was a debate among prominent members of the Bitcoin Cash community regarding block size. A larger block size can improve transaction times, but also lead to greater network centralization. Roger Ver, an influential cryptocurrency advocate, was one of the central figures in favor of keeping the smaller 32 MB block size, while Craig Wright, the chief scientist at nChain, favored a larger 128 MB block size. The division between these two factions led to the hard fork that created Bitcoin Cash ABC and Bitcoin Cash SV.

ICON (ICX) is unique compared to most other digital currrencies. ICON's primary objective is to establish a unifying system to integrate an unlimited numbers of blockchains. This would allow numerous blockchains to work together and incorporate aspects of all of them. ICON is powered by a unique system called loopchain, that can adopt different features, rules, and consensus systems. The loopchain has different circles, with nodes that connect it. There are community nodes and individual nodes that are all connected to the ICON Republic, which is the entire ecosystem. These nodes can connect in countless ways and results in unlimited applications. The network has an innovative consensus mechanism called Delegated Proof-of-Contribution (DPoC).

Ratings

Overall

4.5/5 (5)

(0)

(0)

Will this currency still be used in 10 years?

4/5

How scalable is this currency?

4.5/5

How adaptable is this currency to the changing needs of the market?

4/5

How effective is this currency as a medium of exchange?

3.5/5

How effective is this currency as a store of value?

4/5