ICON

by The Loop

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Bitcoin Cash SV

by Bitcoin Cash SV

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Decred

by Decred

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ICON

by The Loop

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Bitcoin Cash SV

by Bitcoin Cash SV

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Decred

by Decred

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What problem does this service solve?

ICON wants to integrate multiple blockchains, that were designed with different purposes, in a unified system. ICON is a very ambitious project that tries to combine various elements of other decentralized projects into a combined symbiotic system.Bitcoin Cash SV aims to improve transaction speeds by increasing the block size of the Bitcoin Cash protocol.Decred is a decentralized currency with a strong emphasis on community participation.

Token Stats

Company Description

ICON (ICX) is unique compared to most other digital currrencies. ICON's primary objective is to establish a unifying system to integrate an unlimited numbers of blockchains. This would allow numerous blockchains to work together and incorporate aspects of all of them. ICON is powered by a unique system called loopchain, that can adopt different features, rules, and consensus systems. The loopchain has different circles, with nodes that connect it. There are community nodes and individual nodes that are all connected to the ICON Republic, which is the entire ecosystem. These nodes can connect in countless ways and results in unlimited applications. The network has an innovative consensus mechanism called Delegated Proof-of-Contribution (DPoC).

Bitcoin Cash SV is a cryptocurrency that was created as a result of a hard fork of the Bitcoin Cash blockchain that occurred on November 15, 2018. The central issue that led to the hard fork of Bitcoin Cash was a debate among prominent members of the Bitcoin Cash community regarding block size. A larger block size can improve transaction times, but also lead to greater network centralization. Roger Ver, an influential cryptocurrency advocate, was one of the central figures in favor of keeping the smaller 32 MB block size, while Craig Wright, the chief scientist at nChain, favored a larger 128 MB block size. The division between these two factions led to the hard fork that created Bitcoin Cash ABC and Bitcoin Cash SV.

Decred (DCR) is a decentralized currency with an emphasis on community based governance. Decred is led by several early adopters of Bitcoin and is designed to implement many of the goals of early Bitcoin idealists. Decred is highly focused on community contribution and governance. Users that contribute to the community can receive compensation for their work and anybody can submit a proposal ti make an improvement to the platform.
Decred has a hybrid Proof-of-Activity (PAC) consensus algorithm that combines the mining of Proof-of-Work (PoW) with the stake verifying model of Proof-of-Stake (PoS). It's designed to incentivize the community to participate and to reward both miners and stake verifiers. When DCR is mined, PoW miners receives 60% of the coins, PoS voters receive 30%, and 10% goes towards the development of the Decred platform.

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