Peercoin vs Decred vs Vertcoin
What problem does this service solve?
Peercoin aims to create a cryptocurrency that is secure, scalable, and distributed fairly. | Decred is a decentralized currency with a strong emphasis on community participation. | Vertcoin emphasizes decentralization with an ASIC resistant consensus algorithm. |
Token Stats
Company Description
Peercoin is the first Proof-of-Stake (PoS) cryptocurrency. It was created in 2012 and is one of the oldest and most reliable cryptocurrency networks in the crypto sector. The protocol was developed by Sunny King and Scott Nadel, both of whom are anonymous. Sunny King also created Primecoin and VEE. | Decred (DCR) is a decentralized currency with an emphasis on community based governance. Decred is led by several early adopters of Bitcoin and is designed to implement many of the goals of early Bitcoin idealists. Decred is highly focused on community contribution and governance. Users that contribute to the community can receive compensation for their work and anybody can submit a proposal ti make an improvement to the 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. |