ICON vs Ravencoin vs Bitcoiin
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. | Ravencoin wants to create a blockchain that will improve the tracking of digital asset ownership. | Bitcoiins goal is to create a decentralized currency with faster transactions times and lower fees. |
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). | Ravencoin is a blockchain created by the owner of Overstock.com. It is a use case specific blockchain for the declaration of ownership of digital assets. Ravecoin is a fork of Bitcoin, and was originally funded by Medici Ventures, a blockchain investment fund owned by Overstock.com. | Bitcoiin is a cryptocurrency that was created to address some of the issues that have plagued the original Bitcoin ecosystem. It's Proof-of-Work (PoW) consensus mechanism is designed to decrease transactions times and fees, as well as make mining rewards easier to earn. |