Lightning Bitcoin

by Lightning Bitcoin

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GAS

by NEO

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PLATINCOIN

by Platin Genesis DMCC.

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Lightning Bitcoin

by Lightning Bitcoin

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GAS

by NEO

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PLATINCOIN

by Platin Genesis DMCC.

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What problem does this service solve?

Lightning Bitcoin's goal is to create a faster, and more scalable, decentralized payment network.GAS is used to pay for transactions on the NEO network.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

Lightning Bitcoin is a cryptocurrency protocol with a DPoS consensus mechanism. It is a hard fork of Bitcoin that was created with the goal of improving transaction speeds and scalabilty. Lightning Bitcoin's on-chain governance system enables LBTC holders to vote for the blockchain improvement proposals and the delegates who maintain the network as Lightning Nodes. Lightning Bitcoin is not related to the Lighting Network, which is an off-chain protocol built on the Bitcoin blockchain.

GAS is the token that is used to pay for transaction fees on the NEO network. The NEO platform uses two different tokens; GAS are used to fuel the network and give holders the right to use the NEO blockchain. Similar to Ether on the Ethereum network. Although it's possible to buy GAS on some exchanges, NEO token holders automatically generate GAS as the blockchain increases in size. 8 GAS are distributed for every 100 million NEO in circulation.

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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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