MonaCoin

by MonaCoin

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Bitcoin Diamond

by Bitcoin Diamond Foundation

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PLATINCOIN

by Platin Genesis DMCC.

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MonaCoin

by MonaCoin

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Bitcoin Diamond

by Bitcoin Diamond Foundation

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PLATINCOIN

by Platin Genesis DMCC.

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What problem does this service solve?

MonaCoin is the first Japanese cryptocurrency.Bitcoin Diamond aims to increase transaction speeds.PLATINCOIN creates a Proof-of-Stake consensus mechanism with a long term commitment from network participants to contribute to managing the network.

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.
MonaCoin has an enthusiastic user base that has developed a variety of Mona-based web applications and services. MonaCoin holders also use the coin as a tipping system.

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.

PLATINCOIN is a Proof-of-Stake coin that is minted instead of mined. Users participate in managing the network by renting hardware space from the project organizers for a period of 36 months. These computing resources will drive the PoS consensus, and the users that rent the hardware will be rewarded with newly minted PLC coins.

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