Bitcoin vs PascalCoin vs Bitcoin Gold
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. | PascalCoin increases transaction speeds by eliminating the need for all nodes in a network to maintain the entire blockchain history. | Bitcoin Gold reduces the competitive advantage of professional miners and adds greater decentralization to the Bitcoin 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. | PascalCoin is the first blockchain that can be deleted, and reduces the dependency of the entire blockchain history to verify transactions. It is a Proof-of-Work (PoW) cryptocurrency that places a strong emphasis on achieving the same level of scalability as credit card networks such as VISA. Pascal's architecture is based on an innovative cryptographic structure called the SafeBox. It facilitates faster transactions by storing account balances separately from the blockchain. The SafeBox only uses the last 100 blocks on the chain to update transaction history. This allows the network nodes to synchronize much faster while preserving the security of the blockchain, and reducing the computing resources needed to maintain it. | Bitcoin Gold (BTG) is a cryptocurrency that began in 2017 as a hard fork of the Bitcoin blockchain. BTG was created to reduce the monopolizing power of dedicated ASIC mining operations within the original Bitcoin network. Bitcoin Gold mining can be done by anyone with a standard computer and provides greater decentralization to the system. The hard fork that created BTG was meant to combat the disproportionate influence and competitive advantage of professional miners. |