BurstCoin

by Burst

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ILCoin

by ILCoin

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Vitae

by Vitae

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BurstCoin

by Burst

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ILCoin

by ILCoin

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Vitae

by Vitae

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What problem does this service solve?

Burst's unique Tangle-based architecture is designed to improve exchanges of value.ILCoin's goal is to create a blockchain with faster transactions that will also enable users to create smart contracts.Vitae does not appear to solve any problems or provide any technical advantages, compared to other projects.

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Company Description

BurstCoin is a cryptocurrency with a Proof-of-Capacity (PoC) consensus algorithm. Unlike most other cryptocurrencies, Burst's architecture uses a Tangle (similar to IOTA) instead of relying on a blockchain. It also utilizes ring signatures and other features, in what is called the Dymaxion. The Dymaxion implements layers of tangle-based lightning networks on top of the Burst blockchain. Each of these payment channels is opened in the form of a standalone colored tangle. Burst is also developing atomic cross-chain transactions (ACCT), that will allow for full decentralized trading between two cryptocurrencies.

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.

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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