BOMB

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Litecoin

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Bitcoin Interest

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BOMB

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Litecoin

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Bitcoin Interest

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What problem does this service solve?

BOMB's goal is to be a decentralized hedge against traditional inflationary currencies.Litecoin is designed to improve upon some of Bitcoin's limitations. It's based on the Bitcoin protocol, but has faster transaction times, lower fees, and requires less computational power. This makes it a better alternative for everyday use.Bitcoin Interest aims to reduce price volatility in cryptocurrency markets by paying BCI holders weekly and monthly interest.

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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.

Litecoin is a crytptocurrency that was created to serve as the “silver” to bitcoin’s "gold." It is based on the core Bitcoin protocol, but was designed with several key features that provide it with advantages over Bitcoin.
Litecoin has significantly reduced transaction times by limiting the target block processing time to 2.5 minutes. It also has a total coin supply that is 4 times larger, and utilizes a different hashing algorithm called Scrypt, that requires a smaller workload and less computation power than Bitcoin's SHA-256 algorithm. This enables much faster transactions at a much lower cost to users. These features make Litecoin easier to use and to mine. Since its creation, Litecoin has gained a large market cap and widespread adoption among cryptocurrency users in need of a coin for everyday transactions.

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.

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