ILCoin vs Quantum Resistant Ledger 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. | Quantum Resistant Ledger uses advanced cryptographic methods to create a more secure blockchain for large scale businesses. | 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. | Quantum Resistant Ledger is developing an enterprise blockchain platform that is designed to be secure against an attack from quantum computers. The Quantum Resistant Ledger (QRL) implements a more secure type of cryptographic signatures call XMSS. The network has a Proof of Stake consensus mechanism. | 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. |