Bitcoin vs Primecoin vs Alibaba Coin
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. | Primecoin uses prime number generation to improve Bitcoin's PoW protocol. | Alibaba Coin's goal is to use facial recognition technology to make cryptocurrency payment authentication easier. |
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. | 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. | Alibaba Coin is a digital currency that plans to implement blockchain-based facial recognition technology that will allow users to make transactions by showing their faces to a merchant's camera. Alibaba Coin was created by a company in Dubai, and has no relation to the Chinese online retail giant. |