Bitcoin Gold vs NEM vs ICON
What problem does this service solve?
Bitcoin Gold reduces the competitive advantage of professional miners and adds greater decentralization to the Bitcoin protocol. | NEM is designed to be a blockchain platform with improved scale and speed. NEM's blockchain is permissioned and private. It has some of the best transaction rates of any private ledger in the industry. | 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 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. | NEM is a cryptocurrency and blockchain platform that allows multiple ledgers on the same blockchain. NEM Smart Assets are used to create mosaics for any asset. Transaction fees are paid with NEM's native currency, XEM. NEM originally began as a community-oriented cryptocurrency that was built from the ground up in the Java programming language. | 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). |