ILCoin

by ILCoin

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PRIZM

by PRIZM

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Bitcoin Cash SV

by Bitcoin Cash SV

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ILCoin

by ILCoin

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PRIZM

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Bitcoin Cash SV

by Bitcoin Cash SV

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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.PRIZM is a Russian cryptocurrency project that uses a variation of PoS to drive network participation by users.Bitcoin Cash SV aims to improve transaction speeds by increasing the block size of the Bitcoin Cash protocol.

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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.

PRIZM is an open-source cryptocurrency based on the NEXT core. The PRIZM architecture is built in JAVA. It has a Proof-of-Stake (PoS) consensus mechanism that varies slightly from other PoS algorithms. It is designed to be more resistant to attacks against the network. PRIZM has developed the concept of paramining, which helps the network achieve consensus and encourages community participation.

Bitcoin Cash SV is a cryptocurrency that was created as a result of a hard fork of the Bitcoin Cash blockchain that occurred on November 15, 2018. The central issue that led to the hard fork of Bitcoin Cash was a debate among prominent members of the Bitcoin Cash community regarding block size. A larger block size can improve transaction times, but also lead to greater network centralization. Roger Ver, an influential cryptocurrency advocate, was one of the central figures in favor of keeping the smaller 32 MB block size, while Craig Wright, the chief scientist at nChain, favored a larger 128 MB block size. The division between these two factions led to the hard fork that created Bitcoin Cash ABC and Bitcoin Cash SV.

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