NEM vs Energi Coin vs Alibaba Coin
What problem does this service solve?
NEM is designed to be a blockchain platform with improved scale and speed. NEM's blockchain is permissioned and private. It has some of the best transaction rates of any private ledger in the industry. | Energi hopes to encourage cryptocurrency adoption by providing a self-funding system of incentives to its developers and network operators. | Alibaba Coin's goal is to use facial recognition technology to make cryptocurrency payment authentication easier. |
Token Stats
Company Description
NEM is a cryptocurrency and blockchain platform that allows multiple ledgers on the same blockchain. NEM Smart Assets are used to create mosaics for any asset. Transaction fees are paid with NEM's native currency, XEM. NEM originally began as a community-oriented cryptocurrency that was built from the ground up in the Java programming language. | Energi Coin is a Proof-of-Stake (PoS) cryptocurrency that combines smart contracts, decentralized governance, and a self-funding treasury. Energi was founded by Tommy World Power, with the goal of creating a more sustainable cryptocurrency that had the potential for mass adoption. Energi Coin's funding model is a built-in to the protocol and fuels the growth of the project. Aa portion of freshly-mined coins is assigned to the Treasury. The treasury allows the project to fund not only development, but also support, operations, and marketing. The founder, Tommy World Power personally funded the initial development of the project. Energi is currently shifting to a Solidity-based smart contract platform that will combine all of Ethereum’s existing capabilities with Energi’s unique governance and treasury model. | Alibaba Coin is a digital currency that plans to implement blockchain-based facial recognition technology that will allow users to make transactions by showing their faces to a merchant's camera. Alibaba Coin was created by a company in Dubai, and has no relation to the Chinese online retail giant. |