What problem does this service solve?

PAC Coin's goal is to create a decentralized payment network with a strong focus on community governance.

Sphere's goal is to create a digital currency with a fair distribution model.

Vertcoin emphasizes decentralization with an ASIC resistant consensus algorithm.

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.

Sphere is a smart contract platform and peer-to-peer payment network. The network has a hybrid PoW and PoS consensus mechanism and is powered by the native SPHR token, which can be swapped for an ERC20 token over the Ubiq smart contract platform.

Vertcoin is a cryptocurrency with a strong emphasis on keeping the ecosystem as decentralized as possible. Vertcoin was designed with the goal of being easily mined by all users and to resist the centralizing tendency of specialized mining operations. Vertcoin has a Proof-of-Work (PoW) consensus mechanism that is ASIC resistant, and uses the Lyra2RE mining algorithm.

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PAC Coin vs Sphere vs Vertcoin

PAC Coin

Sphere

Vertcoin