MonaCoin vs Litecoin vs Aurora
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. | Aurora aims to create a dPoS blockchain platform with fast transaction times. |
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. | 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. | Aurora is developing a blockchain platform that is based on a hybrid dPoS and BFT consensus mechanism. Aurora aims to improve overall blockchain performance with better transaction speeds and security features. Aurora has a multi-chain architecture and an Intelligent App Isolation system that are designed to allow for better smart contract execution. The network is currently powered by the Ethereum-based AOA token. |