Bitcoin vs Groestlcoin vs Primecoin
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. | Groestlcoin is a highly adaptable cryptocurrency with fast transaction times and minimal fees. | Primecoin uses prime number generation to improve Bitcoin's PoW protocol. |
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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. | 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. | 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. |