Lightning Bitcoin vs Qtum vs MonaCoin
What problem does this service solve?
Lightning Bitcoin's goal is to create a faster, and more scalable, decentralized payment network. | Qtum is a smart contracts platform and currency protocol that combines attributes of Bitcoin and Ethereum. | MonaCoin is the first Japanese cryptocurrency. |
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. | Qtum has been described as a hybrid between Ethereum and Bitcoin. Qtum is a smart contracts platform that places a strong focus on value transfers as well as decentralized apps. Qtum enables users to create smart contracts on the platform and conduct cryptocurrency transactions. | MonaCoin is the first alternative cryptocurrency developed in Japan. It is based on the popular Japanese character, Mona. MonaCoin has a Proof-of-Work (PoW) consensus mechanism and uses a version of the Lyra2RE mining algorithm that was first used by Vertcoin. |