MonaCoin

by MonaCoin

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Litecoin

by Litecoin

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Ampleforth Token

by Ampleforth Foundation

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MonaCoin

by MonaCoin

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Litecoin

by Litecoin

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Ampleforth Token

by Ampleforth Foundation

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What problem does this service solve?

MonaCoin is the first Japanese cryptocurrency.Litecoin is designed to improve upon some of Bitcoin's limitations. It's based on the Bitcoin protocol, but has faster transaction times, lower fees, and requires less computational power. This makes it a better alternative for everyday use.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.

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.

Litecoin is a crytptocurrency that was created to serve as the “silver” to bitcoin’s "gold." It is based on the core Bitcoin protocol, but was designed with several key features that provide it with advantages over Bitcoin.
Litecoin has significantly reduced transaction times by limiting the target block processing time to 2.5 minutes. It also has a total coin supply that is 4 times larger, and utilizes a different hashing algorithm called Scrypt, that requires a smaller workload and less computation power than Bitcoin's SHA-256 algorithm. This enables much faster transactions at a much lower cost to users. These features make Litecoin easier to use and to mine. Since its creation, Litecoin has gained a large market cap and widespread adoption among cryptocurrency users in need of a coin for everyday transactions.

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.

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