Bitcoin Interest

by Bitcoin Interest

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PLATINCOIN

by Platin Genesis DMCC.

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Vitae

by Vitae

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Bitcoin Interest

by Bitcoin Interest

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PLATINCOIN

by Platin Genesis DMCC.

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Vitae

by Vitae

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What problem does this service solve?

Bitcoin Interest aims to reduce price volatility in cryptocurrency markets by paying BCI holders weekly and monthly interest.PLATINCOIN creates a Proof-of-Stake consensus mechanism with a long term commitment from network participants to contribute to managing the network.Vitae does not appear to solve any problems or provide any technical advantages, compared to other projects.

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Company Description

Bitcoin Interest is a fork of the Bitcoin protocol that pays coin holders interest. Bitcoin Interest (BCI) allows users to securely earn interest payments without ever moving coins from their wallets. Bitcoin Interest's developers believe that paying interest, weekly or monthly, on inactive crypto-funds can benefit the entire cryptocurrency market by reducing volatility.
Bitcoin Interest (BCI) is the first cryptocurrency protocol to use the ProgPoW consensus algorithm. ProgPoW is a Proof-of-Work algorithm designed to reduce the centralizing tendencies of ASIC mining by making it easier for standard GPU devices to participate in the mining process.

PLATINCOIN is a Proof-of-Stake coin that is minted instead of mined. Users participate in managing the network by renting hardware space from the project organizers for a period of 36 months. These computing resources will drive the PoS consensus, and the users that rent the hardware will be rewarded with newly minted PLC coins.

Vitae is a Proof-of-Stake (PoS) blockchain platform that is a fork of PIVx. It is based on Blackcoin's PoS protocol. The company's marketing materials claim that its focus will be on facilitating social rewards and global prosperity, but they do not provide any specifics about what will distinguish them from other networks. It is powered by the VITAE coin.

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