Paypex vs Nimiq vs Litecoin
What problem does this service solve?
Not provided by vendor | Nimiq's goal is to provide an easy to use censorship resistant payment network. | Litecoin is designed to improve upon some of Bitcoin's limitations. It's based on the Bitcoin protocol, but has faster transaction times, lower fees, and requires less computational power. This makes it a better alternative for everyday use. |
Token Stats
Company Description
Paypex is an Ethereum-based token and payment network. The token is traded on a limited number of exchanges. The company's marketing materials do not describe the technical advantages of the token, or the benefits that their technology has. | 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. | Litecoin is a crytptocurrency that was created to serve as the “silver” to bitcoin’s "gold." It is based on the core Bitcoin protocol, but was designed with several key features that provide it with advantages over Bitcoin. |