Flash Coin vs NEM vs Aurora
What problem does this service solve?
Flash Coin aims to create a decentralized currency that will be fast enough to enable everyday use. | 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. | Aurora aims to create a dPoS blockchain platform with fast transaction times. |
Token Stats
Company Description
Flash Coin is a cryptocurrency designed to be used for everyday transactions. Flash's blokchain has a delegate-based consensus model that depends on elected delegates to verify transactions. These delegates elect 25 Miners who create new blocks on the blockchain. Each miner is given a specific time where they can mine a block. The Flash Coin algorithm also introduces a concept called Consensus Height, which refers to the moment when more than half of elected miners have created a block on top of another block in the chain. | 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. | Aurora is developing a blockchain platform that is based on a hybrid dPoS and BFT consensus mechanism. Aurora aims to improve overall blockchain performance with better transaction speeds and security features. Aurora has a multi-chain architecture and an Intelligent App Isolation system that are designed to allow for better smart contract execution. The network is currently powered by the Ethereum-based AOA token. |