Peercoin vs Eternal vs Bitcoin Diamond
What problem does this service solve?
Peercoin aims to create a cryptocurrency that is secure, scalable, and distributed fairly. | Eternal is a remittance focused coin operating in Japan, Korea, Philippines, and Hong Kong. | Bitcoin Diamond aims to increase transaction speeds. |
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. | Eternal is a Japanese cryptocurrency project that consists of Eternal Coin (XEC) and Eternal Token (XET). The project appears to be primarily focused on remittance payments, but can also be used as a medium of exchange for other purposes. XEC holders receive weekly dividend payments, and can only be traded through the company's authorized exchanges. XET was created to allow users to trade XEC on other crypto exchanges. 1 XET=10 XEC. | Bitcoin Diamond is a hardfork of Bitcoin that was created in 2017. Although the network's code preserves much of Bitcoin's original features, it aims to improve transaction speeds by implementing the Lightning network and increasing the storage capabilities of each block. The Lightning Network is a second layer payment protocol that works on the Bitcoin blockchain and is designed to place a large portion of the transaction data outside of the blockchain. |