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.

MOL aims to enable fast, and fee-less, micropayment transactions.

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.

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.

MOL is developing a blockchain platform for micro-payments. MOL's architecture will be based on the block lattice design used in Nano, and will have a Delegated Proof-of-Stake (dPoS) consensus mechanism that incorporates elements from Directed Acyclic Graphs (DAG). The MOL network is currently powered by the Ethereum-based MOL token.

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ILCoin vs PRIZM vs MOL Blockchain

ILCoin

PRIZM

MOL Blockchain