GAS

by NEO

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Connect Coin

by Cryptocurrency International Tanzania Limited

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BurstCoin

by Burst

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GAS

by NEO

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Connect Coin

by Cryptocurrency International Tanzania Limited

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BurstCoin

by Burst

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What problem does this service solve?

GAS is used to pay for transactions on the NEO network.Connect Coin is designed to be used as a payment method for e-commerce .Burst's unique Tangle-based architecture is designed to improve exchanges of value.

Token Stats

Company Description

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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Connect Coin is an Ethereum based token that was created by a company in Tanzania called Cryptocurrency International. Their focus is on serving as an alternative payment method for e-commerce. They are also developing crypto debit cards called Connect Cards.

BurstCoin is a cryptocurrency with a Proof-of-Capacity (PoC) consensus algorithm. Unlike most other cryptocurrencies, Burst's architecture uses a Tangle (similar to IOTA) instead of relying on a blockchain. It also utilizes ring signatures and other features, in what is called the Dymaxion. The Dymaxion implements layers of tangle-based lightning networks on top of the Burst blockchain. Each of these payment channels is opened in the form of a standalone colored tangle. Burst is also developing atomic cross-chain transactions (ACCT), that will allow for full decentralized trading between two cryptocurrencies.

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