ILCoin

by ILCoin

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Bitcoin Diamond

by Bitcoin Diamond Foundation

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Vertcoin

by Vertcoin

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ILCoin

by ILCoin

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Bitcoin Diamond

by Bitcoin Diamond Foundation

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Vertcoin

by Vertcoin

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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.Vertcoin emphasizes decentralization with an ASIC resistant consensus algorithm.

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.

Vertcoin is a cryptocurrency with a strong emphasis on keeping the ecosystem as decentralized as possible. Vertcoin was designed with the goal of being easily mined by all users and to resist the centralizing tendency of specialized mining operations. Vertcoin has a Proof-of-Work (PoW) consensus mechanism that is ASIC resistant, and uses the Lyra2RE mining algorithm.

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