ILCoin

by ILCoin

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Nimiq

by Nimiq

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Flash Coin

by Flash Coin

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ILCoin

by ILCoin

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Nimiq

by Nimiq

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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.Nimiq's goal is to provide an easy to use censorship resistant payment network.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.

Nimiq is a censorship-resistant cryptocurrency that is designed to run in the user's browser. Nimiq's focus is on usability and the browser first approach allows coin holders to participate in their payment network more easily. Nimiq uses a Merkle-based accumulator to store accounts and balances, and has a Non-Interactive Proofs of Proof-of-Work consensus mechanism.

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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