GAS

by NEO

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Vertcoin

by Vertcoin

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Diamond

by DMD Diamond Foundation

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GAS

by NEO

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Vertcoin

by Vertcoin

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Diamond

by DMD Diamond Foundation

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What problem does this service solve?

GAS is used to pay for transactions on the NEO network.Vertcoin emphasizes decentralization with an ASIC resistant consensus algorithm.Diamond aims to create a digital currency with less price volatility through scarcity.

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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Vertcoin is a cryptocurrency with a strong emphasis on keeping the ecosystem as decentralized as possible. Vertcoin was designed with the goal of being easily mined by all users and to resist the centralizing tendency of specialized mining operations. Vertcoin has a Proof-of-Work (PoW) consensus mechanism that is ASIC resistant, and uses the Lyra2RE mining algorithm.

Diamond (DMD) is a Proof-of-Stake coin focused on scarcity. Their marketing materials emphasize the limited circulation of the coin, and the benefits of the network's incentivized cloud mining system, which rewards users for contributing their computing resources.

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