BOMB vs Primecoin vs ILCoin
What problem does this service solve?
BOMB's goal is to be a decentralized hedge against traditional inflationary currencies. | Primecoin uses prime number generation to improve Bitcoin's PoW protocol. | ILCoin's goal is to create a blockchain with faster transactions that will also enable users to create smart contracts. |
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. | 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. | ILCoin is a PoW cryptocurrency. Their goal is to become the first cryptocurrency that uses the SHA-256 encryption algorithm to be able to execute smart contracts. The ILCoin is traded on several exchanges under the symbol ILC. |