Ethereum

by Ethereum Foundation

4/5

(1)
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Mindexcoin

by Mindexcoin

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Bitcoiin

by Bitcoiin

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Ethereum

by Ethereum Foundation

4/5

(1)
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Mindexcoin

by Mindexcoin

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Bitcoiin

by Bitcoiin

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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.Mindexcoin does not appear to have any benefits compared to other cryptocurrencies.Bitcoiins goal is to create a decentralized currency with faster transactions times and lower fees.

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.

Mindexcoin is developing a universal payment platform powered by the Ethereum based token, MIC. Their marketing materials do not clearly outline any unique selling points, or advantages, that it will provide compared to other blokchain-based payment platforms.

Bitcoiin is a cryptocurrency that was created to address some of the issues that have plagued the original Bitcoin ecosystem. It's Proof-of-Work (PoW) consensus mechanism is designed to decrease transactions times and fees, as well as make mining rewards easier to earn.

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