Flash Coin

by Flash Coin

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SIBCoin

by Sibcoin Foundation

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GAS

by NEO

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Flash Coin

by Flash Coin

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SIBCoin

by Sibcoin Foundation

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GAS

by NEO

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What problem does this service solve?

Flash Coin aims to create a decentralized currency that will be fast enough to enable everyday use.SIBcoin aims to encourage cryptocurrency adoption in Russia and Eastern Europe.GAS is used to pay for transactions on the NEO network.

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.

SIBCoin is a Proof-of-Work coin that was originally based on the same code as the Dash blockchain. SIBcoin was developed by a team of cryptocurrency enthusiasts in Siberia and it has gained a significant following in Russia.

GAS is the token that is used to pay for transaction fees on the NEO network. The NEO platform uses two different tokens; GAS are used to fuel the network and give holders the right to use the NEO blockchain. Similar to Ether on the Ethereum network. Although it's possible to buy GAS on some exchanges, NEO token holders automatically generate GAS as the blockchain increases in size. 8 GAS are distributed for every 100 million NEO in circulation.

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