ILCoin

by ILCoin

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Nimiq

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Lightning Bitcoin

by Lightning Bitcoin

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ILCoin

by ILCoin

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Nimiq

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Lightning Bitcoin

by Lightning Bitcoin

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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.Lightning Bitcoin's goal is to create a faster, and more scalable, decentralized payment network.

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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.

Lightning Bitcoin is a cryptocurrency protocol with a DPoS consensus mechanism. It is a hard fork of Bitcoin that was created with the goal of improving transaction speeds and scalabilty. Lightning Bitcoin's on-chain governance system enables LBTC holders to vote for the blockchain improvement proposals and the delegates who maintain the network as Lightning Nodes. Lightning Bitcoin is not related to the Lighting Network, which is an off-chain protocol built on the Bitcoin blockchain.

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