Cardano

by Cardano Foundation

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ILCoin

by ILCoin

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Ethereum

by Ethereum Foundation

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Cardano

by Cardano Foundation

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ILCoin

by ILCoin

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Ethereum

by Ethereum Foundation

4/5

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What problem does this service solve?

Cardano is a blockchain project that is based on peer to peer review. Cardano's smart contract platform aims to become the internet of blockchains. Their goal is to create a research driven decentralized network that is more sustainable and scalable than others.ILCoin's goal is to create a blockchain with faster transactions that will also enable users to create smart contracts.Ethereum is a general purpose blockchain with a smart contract functionality that can be implemented to automatically execute certain functions. The Ethereum blockchain and its native currency Ether, are a central components of the entire blockchain ecosystem. A large number of other tokens are built upon its platform, and Ether currently represents around 15% of the total market capitalization of all digital currencies.

Token Stats

Company Description

The Cardano blockchain is a 3rd generation blockchain platform that was designed with a collaborative peer-to-peer review system, It aims to improve upon prior blockchain systems to enable larger and more sustainable uses of the technology.
Cardano was built with a governance model that is based on collaboration. This allows the platform to evolve quickly and adapt to the changing needs of its users. Unlike many other blockchain projects, it also installed a treasury system to fund the ongoing development needs that may arise as it moves forward.
The Cardano blockchain uses a unique proof of stake algorithm called Ouroboros and has a protocol that consists of two layers, a settlement layer and a control layer. The settlement layer is designed to perform accounting functions, while the control layer is tasked with running smart contracts. The platform tries to balance the privacy concerns of users with the requirements of regulators in an effective way.
Cardano uses the Haskell programming language and is fueled by the ADA coin

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.

Ethereum is a blockchain-based computing platform and operating system whose core innovation is enabling smart contracts. Ethereum's smart contract functionality, and versatile scripting language, have made it the most popular network for creating decentralized applications. What makes Ethereum different from Bitcoin is that its primary purpose is to serve as a general purpose blockchain for creating DApps, and not as a payment network. Ethereum was created by Vitalik Buterin. It was launched in July 2015 and has become one of the most important blockchain platforms in the industry. Ether is the native currency of the Ethereum blockchain and can can be used as a transfer of value, as well as a form of compensation for mining. The Ethereum Virtual Machine (EVM) executes scripts using a network of public nodes. "Gas" is used as an internal transaction pricing mechanism that decides how resources are used on the network.

Ratings

Overall

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4/5 (1)

Will this currency still be used in 10 years?

4/5

How scalable is this currency?

4/5

How adaptable is this currency to the changing needs of the market?

4/5

How effective is this currency as a medium of exchange?

5/5

How effective is this currency as a store of value?

4/5