Bitcoin vs MonaCoin vs Groestlcoin
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. | MonaCoin is the first Japanese cryptocurrency. | Groestlcoin is a highly adaptable cryptocurrency with fast transaction times and minimal fees. |
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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. | MonaCoin is the first alternative cryptocurrency developed in Japan. It is based on the popular Japanese character, Mona. MonaCoin has a Proof-of-Work (PoW) consensus mechanism and uses a version of the Lyra2RE mining algorithm that was first used by Vertcoin. | 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. |