MonaCoin vs Sphere vs Divi
What problem does this service solve?
MonaCoin is the first Japanese cryptocurrency. | Sphere's goal is to create a digital currency with a fair distribution model. | Divi's incentive system encourages network adoption and participation in its governance. |
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. | Sphere is a smart contract platform and peer-to-peer payment network. The network has a hybrid PoW and PoS consensus mechanism and is powered by the native SPHR token, which can be swapped for an ERC20 token over the Ubiq smart contract platform. | Divi is a Proof of Stake cryptocurrency with a masternode system designed to encourage network participation. The project is focused on facilitating adoption of cryptocurrencies by creating a system of incentives for both everyday users and those that help run the networks. Divi's masternode system has five layers of participation and awards users for staking their coins. Divi has an innovative lottery block system that randomly pays out lottery prizes in the form of new coins to network users. |