What problem does this service solve?

Gulden allows users to make P2P payments. It has gained some adoption in the Netherlands, but it does not appear to have any significant advantages to other coins.

Sphere's goal is to create a digital currency with a fair distribution model.

ILCoin's goal is to create a blockchain with faster transactions that will also enable users to create smart contracts.

Token Stats

Company Description

Gulden is a Dutch cryptocurrency based on a native blockchain with a Proof-of-Work (PoW) consensus mechanism. Gulden has gained traction in the Netherlands, where it can be used to make P2P payments, as well as send funds to an IBAN account. Gulden's marketing efforts emphasize the network's security and faster transaction times. Gulden's PoW² consensus combines aspects of PoS with PoW, and allows witnesses to add transactions to blocks after they have been mined. The network is powered by the NLG coin.

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.

ILCoin is a PoW cryptocurrency. Their goal is to become the first cryptocurrency that uses the SHA-256 encryption algorithm to be able to execute smart contracts. The ILCoin is traded on several exchanges under the symbol ILC.

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Gulden vs Sphere vs ILCoin

Gulden

Sphere

ILCoin