BOMB vs GAS vs PascalCoin
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What problem does this service solve?
| BOMB's goal is to be a decentralized hedge against traditional inflationary currencies. | GAS is used to pay for transactions on the NEO network. | PascalCoin increases transaction speeds by eliminating the need for all nodes in a network to maintain the entire blockchain history. |
Token Stats
Company Description
BOMB is an Ethereum based token that is designed to be a deflationary cryptocurrency self-destructing currency. The project is meant to be a social experiment and financial case study to determine the feasibility of a deflationary currency. There were originally 1,000,000 BOMB in circulation, and 1% of each transaction is destroyed. | GAS is the token that is used to pay for transaction fees on the NEO network. The NEO platform uses two different tokens; GAS are used to fuel the network and give holders the right to use the NEO blockchain. Similar to Ether on the Ethereum network. Although it's possible to buy GAS on some exchanges, NEO token holders automatically generate GAS as the blockchain increases in size. 8 GAS are distributed for every 100 million NEO in circulation. . | 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. |
