ILCoin vs Peercoin vs ZClassic
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. | Peercoin aims to create a cryptocurrency that is secure, scalable, and distributed fairly. | ZClassic is a fork of ZCash. The key differences are that ZClassic doesn't charge miners a fee and there are no limitations to create artificial scarcity in the coin supply. |
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. | Peercoin is the first Proof-of-Stake (PoS) cryptocurrency. It was created in 2012 and is one of the oldest and most reliable cryptocurrency networks in the crypto sector. The protocol was developed by Sunny King and Scott Nadel, both of whom are anonymous. Sunny King also created Primecoin and VEE. | ZClassic is a privacy focused crytpocurrency that is a fork of ZCash. ZClassic enables a high degree of privacy and anonymity of transactions.The key differences between ZClassic and ZCash are the elimination of the 20% mining fee that are allocated as a "founders' reward" and the removal of ZCash's block limit, that was intended to create scarcity. |