Dogecoin vs Decred vs BurstCoin
What problem does this service solve?
Dogecoin is a meme coin with a focus on fun and community. It is widely used as a tipping system. | Decred is a decentralized currency with a strong emphasis on community participation. | Burst's unique Tangle-based architecture is designed to improve exchanges of value. |
Token Stats
Company Description
Dogecoin is a cryptocurrency with a focus on fun, generosity, and community. It is unlike many other blockchain projects in that it does not aim to solve any ambitious problems. Dogecoin was originally created as a meme coin and has gained a large following that use the coin (DOGE) as an internet tipping and fundraising system. D | 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. . | 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. |