Ethereum vs NEM vs PIRL
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. | NEM is designed to be a blockchain platform with improved scale and speed. NEM's blockchain is permissioned and private. It has some of the best transaction rates of any private ledger in the industry. | PIRL's community focused blockchain aims to be an intuitive and easy to use platform that will make decentralized technologies more accessible. |
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. | NEM is a cryptocurrency and blockchain platform that allows multiple ledgers on the same blockchain. NEM Smart Assets are used to create mosaics for any asset. Transaction fees are paid with NEM's native currency, XEM. NEM originally began as a community-oriented cryptocurrency that was built from the ground up in the Java programming language. | PIRL is a community based blockchain project focused on making cryptocurrencies more accessible. It was the first blockchain to introduce an Ethash-based masternode. Their goal is to develop a comprehensive DApps hosting infrastructure that will be easy to use. Their Poseidon platform is designed to be an on ramp for users without any technical knowledge. PIRL's multi-tiered masternode network has an ASIC-resistant Proof-of-Work (PoW) consensus mechanism, and is powered by the PIRL coin. The company plans on developing features, such as: decentralized file storage, messaging, and escrow services for payments. |