Litecoin

by Litecoin

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Eternal

by Atom Solutions

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Soarcoin

by Soar Labs Pte Ltd

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Litecoin

by Litecoin

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Eternal

by Atom Solutions

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Soarcoin

by Soar Labs Pte Ltd

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What problem does this service solve?

Litecoin is designed to improve upon some of Bitcoin's limitations. It's based on the Bitcoin protocol, but has faster transaction times, lower fees, and requires less computational power. This makes it a better alternative for everyday use.Eternal is a remittance focused coin operating in Japan, Korea, Philippines, and Hong Kong.SOAR does not appear to have any unique advantages compared to other cryptocurrencies.

Token Stats

Company Description

Litecoin is a crytptocurrency that was created to serve as the “silver” to bitcoin’s "gold." It is based on the core Bitcoin protocol, but was designed with several key features that provide it with advantages over Bitcoin.
Litecoin has significantly reduced transaction times by limiting the target block processing time to 2.5 minutes. It also has a total coin supply that is 4 times larger, and utilizes a different hashing algorithm called Scrypt, that requires a smaller workload and less computation power than Bitcoin's SHA-256 algorithm. This enables much faster transactions at a much lower cost to users. These features make Litecoin easier to use and to mine. Since its creation, Litecoin has gained a large market cap and widespread adoption among cryptocurrency users in need of a coin for everyday transactions.

Eternal is a Japanese cryptocurrency project that consists of Eternal Coin (XEC) and Eternal Token (XET). The project appears to be primarily focused on remittance payments, but can also be used as a medium of exchange for other purposes. XEC holders receive weekly dividend payments, and can only be traded through the company's authorized exchanges. XET was created to allow users to trade XEC on other crypto exchanges. 1 XET=10 XEC.

Soarcoin is an Ethereum-based token that was created by a company in Singapore called Soar Labs. Soarcoin's total supply has already been released. Since it can not be mined, the price of the SOAR token will be completely dependent on supply and demand. The company's marketing materials place an emphasis on low transaction fees, privacy, and fraud protection, but it does not appear to offer any noticeable benefits to other cryptocurrencies. Soar Labs also has plans to create a cryptocurrency exchange called Soar Ex, that will focus on the Southeast Asian market.

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