ILCoin

by ILCoin

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Bitcoin Diamond

by Bitcoin Diamond Foundation

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Flash Coin

by Flash Coin

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ILCoin

by ILCoin

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Bitcoin Diamond

by Bitcoin Diamond Foundation

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Flash Coin

by Flash Coin

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What problem does this service solve?

ILCoin's goal is to create a blockchain with faster transactions that will also enable users to create smart contracts.Bitcoin Diamond aims to increase transaction speeds.Flash Coin aims to create a decentralized currency that will be fast enough to enable everyday use.

Token Stats

Company Description

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.

Bitcoin Diamond is a hardfork of Bitcoin that was created in 2017. Although the network's code preserves much of Bitcoin's original features, it aims to improve transaction speeds by implementing the Lightning network and increasing the storage capabilities of each block. The Lightning Network is a second layer payment protocol that works on the Bitcoin blockchain and is designed to place a large portion of the transaction data outside of the blockchain.

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.

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