I/O Coin vs Primecoin vs Flash Coin
What problem does this service solve?
I/O Coin's blockchain is designed to enable users to communicate and transact with more privacy and efficiency. | Primecoin uses prime number generation to improve Bitcoin's PoW protocol. | Flash Coin aims to create a decentralized currency that will be fast enough to enable everyday use. |
Token Stats
Company Description
I/O Coin is a Proof of Stake blockchain platform that aims to provide a variety of decentralized services. Including: payments, encrypted document storage, messaging, and offline transfers. The network is powered by the IOC coin. | Primecoin is a cryptocurrency based on finding prime numbers. Identifying prime numbers plays a central role in cryptography. Primecoin's unique Proof-of-Work (PoW) consensus mechanism is able to increase transaction speeds and improve energy efficiency. | Flash Coin is a cryptocurrency designed to be used for everyday transactions. Flash's blokchain has a delegate-based consensus model that depends on elected delegates to verify transactions. These delegates elect 25 Miners who create new blocks on the blockchain. Each miner is given a specific time where they can mine a block. The Flash Coin algorithm also introduces a concept called Consensus Height, which refers to the moment when more than half of elected miners have created a block on top of another block in the chain. |