Nano vs Primecoin vs MonaCoin
What problem does this service solve?
Nano has a unique blockchain structure that enables almost instant transactions with no fees. | Primecoin uses prime number generation to improve Bitcoin's PoW protocol. | MonaCoin is the first Japanese cryptocurrency. |
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Company Description
Nano, formerly known as Railblocks, is a cryptocurrency that is focused on enabling fast transactions with no fees. Nano's innovative blockchain architecture utilizes a block lattice structure that does not need miners to confirm transactions. . | Primecoin is a cryptocurrency based on finding prime numbers. Identifying prime numbers plays a central role in cryptography. Primecoin's unique Proof-of-Work (PoW) consensus mechanism is able to increase transaction speeds and improve energy efficiency. | 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. |