GAS vs OKCash vs Sphere
 |  |  |
| | |
What problem does this service solve?
| GAS is used to pay for transactions on the NEO network. | OKCash aims to be a user friendly digital asset focused on micro-payments. | Sphere's goal is to create a digital currency with a fair distribution model. |
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. . | OKCash is a Proof of Stake cryptocurrency that was released under the MIT licence. | Sphere is a smart contract platform and peer-to-peer payment network. The network has a hybrid PoW and PoS consensus mechanism and is powered by the native SPHR token, which can be swapped for an ERC20 token over the Ubiq smart contract platform. |
