Decred

by Decred

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Primecoin

by Primecoin

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Soarcoin

by Soar Labs Pte Ltd

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Decred

by Decred

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Primecoin

by Primecoin

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Soarcoin

by Soar Labs Pte Ltd

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What problem does this service solve?

Decred is a decentralized currency with a strong emphasis on community participation.Primecoin uses prime number generation to improve Bitcoin's PoW protocol.SOAR does not appear to have any unique advantages compared to other cryptocurrencies.

Token Stats

Company Description

Decred (DCR) is a decentralized currency with an emphasis on community based governance. Decred is led by several early adopters of Bitcoin and is designed to implement many of the goals of early Bitcoin idealists. Decred is highly focused on community contribution and governance. Users that contribute to the community can receive compensation for their work and anybody can submit a proposal ti make an improvement to the platform.
Decred has a hybrid Proof-of-Activity (PAC) consensus algorithm that combines the mining of Proof-of-Work (PoW) with the stake verifying model of Proof-of-Stake (PoS). It's designed to incentivize the community to participate and to reward both miners and stake verifiers. When DCR is mined, PoW miners receives 60% of the coins, PoS voters receive 30%, and 10% goes towards the development of the Decred platform.

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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.
The network searches for special prime number chains known as Cunningham chains and bi-twin chains, which are of interest in mathematical research.

Soarcoin is an Ethereum-based token that was created by a company in Singapore called Soar Labs. Soarcoin's total supply has already been released. Since it can not be mined, the price of the SOAR token will be completely dependent on supply and demand. The company's marketing materials place an emphasis on low transaction fees, privacy, and fraud protection, but it does not appear to offer any noticeable benefits to other cryptocurrencies. Soar Labs also has plans to create a cryptocurrency exchange called Soar Ex, that will focus on the Southeast Asian market.

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