NavCoin

by NavCoin

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Ripple

by Ripple Labs

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QChi

by Qchi

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NavCoin

by NavCoin

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Ripple

by Ripple Labs

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QChi

by Qchi

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What problem does this service solve?

NavaCoin aims to create a digital currency that will be private, cheap, eco-friendly, and fast.Ripple is an exchange and remittance network that aims to to allow fast financial transactions between banks, at minimal cost. Its protocol is built upon an open source distributed consensus ledger. XRP is the native currency that acts as a bridge currency between financial institutions to settle payments.Qchi does not appear to solve any problems that are not being addressed by other projects.

Token Stats

Company Description

NavCoin is a community-driven digital currency built on an open-source,Proof-of-Stake (PoS) blockchain. The project has an active development community, and places a strong emphasis on their user governance. NavCoin is developing a feature for its PoS consensus mechanism that will allow for cold staking. Users will be able to stake their coins while keeping them offline.

Ripple is a real-time settlement and remittance network that is designed for the banking industry. Its settlement infrastructure technology has been adopted by a growing list of financial institutions looking to leverage the benefits of distributed ledgers. Ripple's real-time settlement network connects banks and enables cross border settlements and transactions in real-time. The current settlement infrastructure requires many intermediaries, and performing transactions take time and cost money. Ripple provides the underlying infrastructure for banks, and enables these transactions to be executed directly at almost no cost.

QChi is an Ethereum-based token with no clear benefits. Their marketing materials do not provide any specific information about their roadmap or what advantages it offers compared to other cryptocurrencies.

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