Litecoin

by Litecoin

(0)
View Profile

WhiteCoin

by WhiteCoin

(0)
View Profile

Bitcoin Diamond

by Bitcoin Diamond Foundation

(0)
View Profile

Litecoin

by Litecoin

(0)
View Profile

WhiteCoin

by WhiteCoin

(0)
View Profile

Bitcoin Diamond

by Bitcoin Diamond Foundation

(0)
View Profile

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.WhiteCoin's currency platform does not appear to provide specific technical advantages or project goals that will solve any problems.Bitcoin Diamond aims to increase transaction speeds.

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.

WhiteCoin is a cryptocurrency protocol with a Proof-of-Stake (PoS) consensus mechanism. WhiteCoin's (XWC) marketing materials place an emphasis on security and stability, but do not present details regarding their specific technical advantages or project goals.
WhiteCoin's payment network provides a high degree of anonymity and its PoS consensus model allows XWC coin holders to earn revenue by staking their holdings.

Bitcoin Diamond is a hardfork of Bitcoin that was created in 2017. Although the network's code preserves much of Bitcoin's original features, it aims to improve transaction speeds by implementing the Lightning network and increasing the storage capabilities of each block. The Lightning Network is a second layer payment protocol that works on the Bitcoin blockchain and is designed to place a large portion of the transaction data outside of the blockchain.

Ratings

Overall

(0)

(0)

(0)

Will this currency still be used in 10 years?
How scalable is this currency?
How adaptable is this currency to the changing needs of the market?
How effective is this currency as a medium of exchange?
How effective is this currency as a store of value?