Energi Coin

by Energi

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QChi

by Qchi

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Ripple

by Ripple Labs

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Energi Coin

by Energi

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QChi

by Qchi

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Ripple

by Ripple Labs

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What problem does this service solve?

Energi hopes to encourage cryptocurrency adoption by providing a self-funding system of incentives to its developers and network operators.Qchi does not appear to solve any problems that are not being addressed by other projects.Ripple is an exchange and remittance network that aims to to allow fast financial transactions between banks, at minimal cost. Its protocol is built upon an open source distributed consensus ledger. XRP is the native currency that acts as a bridge currency between financial institutions to settle payments.

Token Stats

Company Description

Energi Coin is a Proof-of-Stake (PoS) cryptocurrency that combines smart contracts, decentralized governance, and a self-funding treasury. Energi was founded by Tommy World Power, with the goal of creating a more sustainable cryptocurrency that had the potential for mass adoption. Energi Coin's funding model is a built-in to the protocol and fuels the growth of the project. Aa portion of freshly-mined coins is assigned to the Treasury. The treasury allows the project to fund not only development, but also support, operations, and marketing. The founder, Tommy World Power personally funded the initial development of the project. Energi is currently shifting to a Solidity-based smart contract platform that will combine all of Ethereum’s existing capabilities with Energi’s unique governance and treasury model.

QChi is an Ethereum-based token with no clear benefits. Their marketing materials do not provide any specific information about their roadmap or what advantages it offers compared to other cryptocurrencies.

Ripple is a real-time settlement and remittance network that is designed for the banking industry. Its settlement infrastructure technology has been adopted by a growing list of financial institutions looking to leverage the benefits of distributed ledgers. Ripple's real-time settlement network connects banks and enables cross border settlements and transactions in real-time. The current settlement infrastructure requires many intermediaries, and performing transactions take time and cost money. Ripple provides the underlying infrastructure for banks, and enables these transactions to be executed directly at almost no cost.

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