MonaCoin vs Ampleforth Token vs Peercoin
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. | Peercoin aims to create a cryptocurrency that is secure, scalable, and distributed fairly. |
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. | 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. |