What problem does this service solve?

MOL aims to enable fast, and fee-less, micropayment transactions.

Sphere's goal is to create a digital currency with a fair distribution model.

ILCoin's goal is to create a blockchain with faster transactions that will also enable users to create smart contracts.

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.

Sphere is a smart contract platform and peer-to-peer payment network. The network has a hybrid PoW and PoS consensus mechanism and is powered by the native SPHR token, which can be swapped for an ERC20 token over the Ubiq smart contract platform.

ILCoin is a PoW cryptocurrency. Their goal is to become the first cryptocurrency that uses the SHA-256 encryption algorithm to be able to execute smart contracts. The ILCoin is traded on several exchanges under the symbol ILC.

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MOL Blockchain vs Sphere vs ILCoin

MOL Blockchain

Sphere

ILCoin