Ethereum

by Ethereum Foundation

4/5

(1)
View Profile

FairCoin

by Fair.Coop

(0)
View Profile

Bitcoin Cash

by Bitcoin Cash

(0)
View Profile

Ethereum

by Ethereum Foundation

4/5

(1)
View Profile

FairCoin

by Fair.Coop

(0)
View Profile

Bitcoin Cash

by Bitcoin Cash

(0)
View Profile

What problem does this service solve?

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.Not provided by vendorBitcoin Cash is a cryptocurrency that was created as a result of a hard fork of the Bitcoin blockchain on August 1st, 2017. Anyone who had bitcoin at that time became the owner of the same number of Bitcoin Cash.

Token Stats

Company Description

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.

FairCoin

FairCoin is based on an innovative blockchain technology, which has been changed in July 2017 from a 'Proof-of-Stake' protocol to a 'Proof-of-Cooperation' (PoC) mechanism. Our currency not only requires less energy and enables faster transactions, but also introduces a certain level of trust and democratic values even on the technical level. Here you find the White Paper and more information about PoC and our FairChains project.

With the support of FairCoop, FairCoin implements fair value exchange on a global level. Our innovative Proof-of-Cooperation (PoC) blockchain mechanism is the unique consensus algorithm developed for FairCoin. It requires much less energy than other blockchains but also enables faster transactions. We are proud that FairCoin now is the the most ecological and resilient cryptocurrency.

Ecological
Very low power consumption for transaction control

Safe
Cooperatively validated nodes (CVNs, see FAQs)

Fast
Transaction visible in seconds,
confirmation max 3 minutes

Ethical
Supports fair business values

Strong
Strong and growing support from cooperatives worldwide

Controlled growth
Official price is 1 FAIR = 1,20 Euro (see our 'slow' price adoption strategy)

Vibrant
Strong community with daily online collaboration & regular local node meetings

Visit FairCoop's marketplace to
buy goods with FairCoin online
with joint delivery service.

FairMarket

Map of FairCoin nodes
and merchants in
several countries worldwide.

Bitcoin Cash is a cryptocurrency that was created as a result of a hard fork of the original Bitcoin blockchain that took place in 2017. Due to the open source nature of the Bitcoin protocol, and the lack of a central governing body to resolve disputes, the Bitcoin community became extremely divided about what to do about rising fees and slow transaction times. As the platform's transaction volume increased, and the associated fees to confirm them also increased dramatically, many people began advocating for a larger block size.
In mid 2017, a group of developers introduced segregated witness technology, or SegWit, that was designed to increase Bitcoin's scalability by moving some transaction details off of the blockchain. Segwit was meant to resolve the issues that revolved around the growing amount of transaction data, but many members of the Bitcoin community felt that it undermined the original vision outlined by Satoshi Nakamoto.
On August 1, 2017, they initiated a hard fork of the protocol that created Bitcoin Cash and implemented an increased block size of 8mb. At the time of the fork, bitcoin holders automatically became owners of the same number of Bitcoin Cash units. The increased block size led to faster transaction times and made Bitcoin Cash easier to use as a medium of exchange.

Ratings

Overall

4/5 (1)

(0)

(0)

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