PAC Coin

by PAC Coin

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Vitae

by Vitae

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Nimiq

by Nimiq

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PAC Coin

by PAC Coin

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Vitae

by Vitae

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Nimiq

by Nimiq

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What problem does this service solve?

PAC Coin's goal is to create a decentralized payment network with a strong focus on community governance.Vitae does not appear to solve any problems or provide any technical advantages, compared to other projects.Nimiq's goal is to provide an easy to use censorship resistant payment network.

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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.

Vitae is a Proof-of-Stake (PoS) blockchain platform that is a fork of PIVx. It is based on Blackcoin's PoS protocol. The company's marketing materials claim that its focus will be on facilitating social rewards and global prosperity, but they do not provide any specifics about what will distinguish them from other networks. It is powered by the VITAE coin.

Nimiq is a censorship-resistant cryptocurrency that is designed to run in the user's browser. Nimiq's focus is on usability and the browser first approach allows coin holders to participate in their payment network more easily. Nimiq uses a Merkle-based accumulator to store accounts and balances, and has a Non-Interactive Proofs of Proof-of-Work consensus mechanism.

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