FairCoin vs Ripple vs Viacoin
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What problem does this service solve?
| Not provided by vendor | 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. | Viacoin's fast transaction times enable users to send micropayments for a variety of purposes. |
Token Stats
Company Description
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 Safe Fast Ethical Strong Controlled growth Vibrant Visit FairCoop's marketplace to FairMarket Map of FairCoin nodes | 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. | Viacoin is an open source cryptocurrency based on the Bitcoin protocol. Viacoin has a 24 second block time and relatively fast transaction times. It can handle 175 transactions per second without scaling through Segwit or the Lightning Network. The fast transaction times make Viacoin a good option for sending micropayments. The platform also enables users to perform cross-chain atomic swaps between different cryptocurrencies, without a centralized exchange. Viacoin has an Auxiliary Proof-of-Work (AuxPoW) consensus mechanism that allows miners to mine multiple coins, that use the Scrypt algorithms, at the same time. Viacoin's smart contract platform, Rootstock, is compatible with Ethereum smart contracts. |
