MOL Blockchain vs Peercoin vs Bitcoin Diamond
What problem does this service solve?
MOL aims to enable fast, and fee-less, micropayment transactions. | Peercoin aims to create a cryptocurrency that is secure, scalable, and distributed fairly. | Bitcoin Diamond aims to increase transaction speeds. |
Token Stats
Company Description
MOL is developing a blockchain platform for micro-payments. MOL's architecture will be based on the block lattice design used in Nano, and will have a Delegated Proof-of-Stake (dPoS) consensus mechanism that incorporates elements from Directed Acyclic Graphs (DAG). The MOL network is currently powered by the Ethereum-based MOL token. | Peercoin is the first Proof-of-Stake (PoS) cryptocurrency. It was created in 2012 and is one of the oldest and most reliable cryptocurrency networks in the crypto sector. The protocol was developed by Sunny King and Scott Nadel, both of whom are anonymous. Sunny King also created Primecoin and VEE. | 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. |