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.

Spendcoin is a cryptocurrency aimed at encouraging adoption of decentralized financial and educational platforms.

Nimiq's goal is to provide an easy to use censorship resistant payment 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.

Spendcoin is an open-sourced cryptocurrency designed for the Cross Ledger Ecosystem, which includes the Spend App and the Blockchain University. The project is run by the Spend Foundation. Their network is currently powered by the Ethereum-based SPND token. Users receive tokens for performing tasks in the Spen ecosystem.

Nimiq is a censorship-resistant cryptocurrency that is designed to run in the user's browser. Nimiq's focus is on usability and the browser first approach allows coin holders to participate in their payment network more easily. Nimiq uses a Merkle-based accumulator to store accounts and balances, and has a Non-Interactive Proofs of Proof-of-Work consensus mechanism.

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ILCoin vs Spendcoin vs Nimiq

ILCoin

Spendcoin

Nimiq