Litecoin vs Nimiq vs Energi Coin
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. | Nimiq's goal is to provide an easy to use censorship resistant payment network. | Energi hopes to encourage cryptocurrency adoption by providing a self-funding system of incentives to its developers and network operators. |
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. | 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. | 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. |