ILCoin vs NEM vs Groestlcoin
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. | Groestlcoin is a highly adaptable cryptocurrency with fast transaction times and minimal fees. |
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. | Groestlcoin is a blockchain payment protocol with a number of technical innovations and an active developer community. Groestlcoin was the first coin that activated SegWit and supports the Lightning Network. Transaction fees are very low and it claims to have instant payments. It is also one of the only coins that can be sent over SMS. |