ILCoin vs NEM vs Denarius
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. | NEM is designed to be a blockchain platform with improved scale and speed. NEM's blockchain is permissioned and private. It has some of the best transaction rates of any private ledger in the industry. | Denarius' goal is to create a faster and more secure digital currency. |
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. | NEM is a cryptocurrency and blockchain platform that allows multiple ledgers on the same blockchain. NEM Smart Assets are used to create mosaics for any asset. Transaction fees are paid with NEM's native currency, XEM. NEM originally began as a community-oriented cryptocurrency that was built from the ground up in the Java programming language. | Denarius is a hybrid cryptocurrency with a consensus mechanism that combines elements of Proof of Work and Proof of Stake. Denarius' cryptographic hashing algorithm, Tribus, is ASIC resistant, and consists of three of the most secure and popular cryptographic algorithms. Denarius is named after a Roman coin that was widely used during the peak of the Roman Empire. |