MonaCoin vs Sharechain vs Litecoin
What problem does this service solve?
MonaCoin is the first Japanese cryptocurrency. | Sharechain does not appear to provide any significant benefits. | 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. |
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. | Sharechain is developing a Proof-of-Work cryptocurrency platform. Their network is currently fueled by the Ethereum-based SSS token. Their marketing materials are unclear and do not offer any information about its advantages. | 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. |