Connect Coin vs Bitcoin Diamond vs PLATINCOIN
What problem does this service solve?
Connect Coin is designed to be used as a payment method for e-commerce . | Bitcoin Diamond aims to increase transaction speeds. | PLATINCOIN creates a Proof-of-Stake consensus mechanism with a long term commitment from network participants to contribute to managing the network. |
Token Stats
Company Description
Connect Coin is an Ethereum based token that was created by a company in Tanzania called Cryptocurrency International. Their focus is on serving as an alternative payment method for e-commerce. They are also developing crypto debit cards called Connect Cards. | Bitcoin Diamond is a hardfork of Bitcoin that was created in 2017. Although the network's code preserves much of Bitcoin's original features, it aims to improve transaction speeds by implementing the Lightning network and increasing the storage capabilities of each block. The Lightning Network is a second layer payment protocol that works on the Bitcoin blockchain and is designed to place a large portion of the transaction data outside of the blockchain. | PLATINCOIN is a Proof-of-Stake coin that is minted instead of mined. Users participate in managing the network by renting hardware space from the project organizers for a period of 36 months. These computing resources will drive the PoS consensus, and the users that rent the hardware will be rewarded with newly minted PLC coins. |