ILCoin

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PRIZM

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Bitcoin Interest

by Bitcoin Interest

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ILCoin

by ILCoin

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PRIZM

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Bitcoin Interest

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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 Interest aims to reduce price volatility in cryptocurrency markets by paying BCI holders weekly and monthly interest.

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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 Interest is a fork of the Bitcoin protocol that pays coin holders interest. Bitcoin Interest (BCI) allows users to securely earn interest payments without ever moving coins from their wallets. Bitcoin Interest's developers believe that paying interest, weekly or monthly, on inactive crypto-funds can benefit the entire cryptocurrency market by reducing volatility.
Bitcoin Interest (BCI) is the first cryptocurrency protocol to use the ProgPoW consensus algorithm. ProgPoW is a Proof-of-Work algorithm designed to reduce the centralizing tendencies of ASIC mining by making it easier for standard GPU devices to participate in the mining process.

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