MonaCoin vs BitKan vs Bitcoin Diamond
What problem does this service solve?
MonaCoin is the first Japanese cryptocurrency. | BitKan's community token is designed to allow the site's cryptocurrency enthusiasts to cooperate. | Bitcoin Diamond aims to increase transaction speeds. |
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. | BitKan is a Chinese cryptocurrency site and trading platform with a strong following. Their Ethereum-based KAN token facilitates community cooperation among the site's followers. | 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. |