ILCoin

by ILCoin

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Nimiq

by Nimiq

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Gulden

by Gulden

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ILCoin

by ILCoin

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Nimiq

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Gulden

by Gulden

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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.Gulden allows users to make P2P payments. It has gained some adoption in the Netherlands, but it does not appear to have any significant advantages to other coins.

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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.

Gulden is a Dutch cryptocurrency based on a native blockchain with a Proof-of-Work (PoW) consensus mechanism. Gulden has gained traction in the Netherlands, where it can be used to make P2P payments, as well as send funds to an IBAN account. Gulden's marketing efforts emphasize the network's security and faster transaction times. Gulden's PoW² consensus combines aspects of PoS with PoW, and allows witnesses to add transactions to blocks after they have been mined. The network is powered by the NLG coin.

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