PAC Coin vs Primecoin vs PLATINCOIN
What problem does this service solve?
PAC Coin's goal is to create a decentralized payment network with a strong focus on community governance. | Primecoin uses prime number generation to improve Bitcoin's PoW protocol. | PLATINCOIN creates a Proof-of-Stake consensus mechanism with a long term commitment from network participants to contribute to managing the network. |
Token Stats
Company Description
PAC coin, short for People’s Alternative Choice, is a cryptocurrency with a hybrid Proof-of-Work (PoW) and Proof-of-Stake (PoS) consensus mechanism. PAC Coin aims to encourage cryptocurrency adoption by improving usability and community governance. The network will rely on a system of masternodes to help verify 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. | PLATINCOIN is a Proof-of-Stake coin that is minted instead of mined. Users participate in managing the network by renting hardware space from the project organizers for a period of 36 months. These computing resources will drive the PoS consensus, and the users that rent the hardware will be rewarded with newly minted PLC coins. |