MonaCoin vs Stellar vs SIBCoin
What problem does this service solve?
MonaCoin is the first Japanese cryptocurrency. | Stellar is an open-source protocol that uses blockchain technology to enable decentralized, cross-border money transfers with very low fees. | SIBcoin aims to encourage cryptocurrency adoption in Russia and Eastern Europe. |
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. | Stellar is a decentralized protocol for sending and receiving money, in any pair of currencies, directly on the internet. Stellar enables users to transfer money on their network directly, without banks, and without fees. It was originally created by Jed McCaleb, the founder of Mt. Gox and co-founder of Ripple. | SIBCoin is a Proof-of-Work coin that was originally based on the same code as the Dash blockchain. SIBcoin was developed by a team of cryptocurrency enthusiasts in Siberia and it has gained a significant following in Russia. |