Ethereum Classic

by Ethereum Classic

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ICON

by The Loop

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Soarcoin

by Soar Labs Pte Ltd

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Ethereum Classic

by Ethereum Classic

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ICON

by The Loop

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Soarcoin

by Soar Labs Pte Ltd

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What problem does this service solve?

Ethereum Classic (ETC) is the original version of the Ethereum protocol that was maintained after the hard fork that took place in 2016. Ethereum Classic also aims to be a general purpose blockchain, but the majority of developers prefer the new fork of Ethereum, and most of ETC's on-chain activity is primarily speculative.ICON wants to integrate multiple blockchains, that were designed with different purposes, in a unified system. ICON is a very ambitious project that tries to combine various elements of other decentralized projects into a combined symbiotic system.SOAR does not appear to have any unique advantages compared to other cryptocurrencies.

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Company Description

Ethereum Classic is the original protocol of Ethereum. As a result of the massive hack on the Ethereum-based DAO, in which around 14% of all ETH in circulation were stolen, a hard fork was proposed to return the stolen funds to their owners. This caused an ideological split revolving around the question of changing previous transactions in the blockchain. Some Ethereum holders rejected the hard fork, and decided to keep using the original protocol, based on the principle that the blockchain is immutable, and cannot be changed.

ICON (ICX) is unique compared to most other digital currrencies. ICON's primary objective is to establish a unifying system to integrate an unlimited numbers of blockchains. This would allow numerous blockchains to work together and incorporate aspects of all of them. ICON is powered by a unique system called loopchain, that can adopt different features, rules, and consensus systems. The loopchain has different circles, with nodes that connect it. There are community nodes and individual nodes that are all connected to the ICON Republic, which is the entire ecosystem. These nodes can connect in countless ways and results in unlimited applications. The network has an innovative consensus mechanism called Delegated Proof-of-Contribution (DPoC).

Soarcoin is an Ethereum-based token that was created by a company in Singapore called Soar Labs. Soarcoin's total supply has already been released. Since it can not be mined, the price of the SOAR token will be completely dependent on supply and demand. The company's marketing materials place an emphasis on low transaction fees, privacy, and fraud protection, but it does not appear to offer any noticeable benefits to other cryptocurrencies. Soar Labs also has plans to create a cryptocurrency exchange called Soar Ex, that will focus on the Southeast Asian market.

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