MonaCoin vs Ampleforth Token vs E-Dinar Coin
What problem does this service solve?
MonaCoin is the first Japanese cryptocurrency. | Ampleforth's goal is to serve as an elastic cryptocurrency that will be less correlated to the price of Bitcoin, and will allow investors to diversity their Crypto portfolios. | E-Dinar's goal is to create a scalable cryptocurrency that will contribute to energy sustainability. |
Token Stats
Company Description
MonaCoin is the first alternative cryptocurrency developed in Japan. It is based on the popular Japanese character, Mona. MonaCoin has a Proof-of-Work (PoW) consensus mechanism and uses a version of the Lyra2RE mining algorithm that was first used by Vertcoin. | The Ampleforth token is a cryptocurrency with a variable supply. The total number of Ampleforth tokens in circulation changes daily and is adjusted according to the overall demand. The Ampleforth protocol is non-dilutive and ensures that the adjustments in supply that result in response to changes in demand occur proportionally across all the wallets in the network. This ensures that the percentage of each token holders overall ownership of the network remains stable, despite the adjustments in the overall token supply. The protocol is designed to reduce the correlation of the price of Ampleforth to the price of Bitcoin. | E-Dinar Coin is a Delegated Proof-Of-Stake (DPoS) cryptocurrency that is designed to be sustainable and energy efficient. The company behind E-Dinar will invest part of its income in the development of urban projects focusing on clean water and air. |