Litecoin

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Flash Coin

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Energi Coin

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Litecoin

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Flash Coin

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Energi Coin

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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.Flash Coin aims to create a decentralized currency that will be fast enough to enable everyday use.Energi hopes to encourage cryptocurrency adoption by providing a self-funding system of incentives to its developers and network operators.

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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.

Flash Coin is a cryptocurrency designed to be used for everyday transactions. Flash's blokchain has a delegate-based consensus model that depends on elected delegates to verify transactions. These delegates elect 25 Miners who create new blocks on the blockchain. Each miner is given a specific time where they can mine a block. The Flash Coin algorithm also introduces a concept called Consensus Height, which refers to the moment when more than half of elected miners have created a block on top of another block in the chain.

Energi Coin is a Proof-of-Stake (PoS) cryptocurrency that combines smart contracts, decentralized governance, and a self-funding treasury. Energi was founded by Tommy World Power, with the goal of creating a more sustainable cryptocurrency that had the potential for mass adoption. Energi Coin's funding model is a built-in to the protocol and fuels the growth of the project. Aa portion of freshly-mined coins is assigned to the Treasury. The treasury allows the project to fund not only development, but also support, operations, and marketing. The founder, Tommy World Power personally funded the initial development of the project. Energi is currently shifting to a Solidity-based smart contract platform that will combine all of Ethereum’s existing capabilities with Energi’s unique governance and treasury model.

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