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.

SIBcoin aims to encourage cryptocurrency adoption in Russia and Eastern Europe.

PLATINCOIN creates a Proof-of-Stake consensus mechanism with a long term commitment from network participants to contribute to managing the network.

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.

SIBCoin is a Proof-of-Work coin that was originally based on the same code as the Dash blockchain. SIBcoin was developed by a team of cryptocurrency enthusiasts in Siberia and it has gained a significant following in Russia.

PLATINCOIN is a Proof-of-Stake coin that is minted instead of mined. Users participate in managing the network by renting hardware space from the project organizers for a period of 36 months. These computing resources will drive the PoS consensus, and the users that rent the hardware will be rewarded with newly minted PLC coins.

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ILCoin vs SIBCoin vs PLATINCOIN

ILCoin

SIBCoin

PLATINCOIN