FREE Coin vs Litecoin vs Bitcoin Cash SV
What problem does this service solve?
FreeCoin claims to be a more inclusive cryptocurrency but their marketing materials do not show any unique offerings. | Litecoin is designed to improve upon some of Bitcoin's limitations. It's based on the Bitcoin protocol, but has faster transaction times, lower fees, and requires less computational power. This makes it a better alternative for everyday use. | Bitcoin Cash SV aims to improve transaction speeds by increasing the block size of the Bitcoin Cash protocol. |
Token Stats
Company Description
FREE Coin is an Ethereum-based token with a focus on being inclusive and encouraging cryptocurrency adoption. Their goal is for the token's price to increase in value, until its price is close to the USD. FREE Coin's site does not provide any details about their development plan or what specific advantages their network will provide. | Litecoin is a crytptocurrency that was created to serve as the “silver” to bitcoin’s "gold." It is based on the core Bitcoin protocol, but was designed with several key features that provide it with advantages over Bitcoin. | Bitcoin Cash SV is a cryptocurrency that was created as a result of a hard fork of the Bitcoin Cash blockchain that occurred on November 15, 2018. The central issue that led to the hard fork of Bitcoin Cash was a debate among prominent members of the Bitcoin Cash community regarding block size. A larger block size can improve transaction times, but also lead to greater network centralization. Roger Ver, an influential cryptocurrency advocate, was one of the central figures in favor of keeping the smaller 32 MB block size, while Craig Wright, the chief scientist at nChain, favored a larger 128 MB block size. The division between these two factions led to the hard fork that created Bitcoin Cash ABC and Bitcoin Cash SV. |