Peercoin vs Feathercoin vs PLATINCOIN
What problem does this service solve?
Peercoin aims to create a cryptocurrency that is secure, scalable, and distributed fairly. | Feathercoin's goal is to allow users to make P2P payments that are settled and confirmed quickly. | PLATINCOIN creates a Proof-of-Stake consensus mechanism with a long term commitment from network participants to contribute to managing the network. |
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. | Feathercoin is a PoW coin with a fast block processing time. The project was developed with the goal of creating a user friendly coin with fast transaction times and low fees. The Feathercoin network features Automatic Checkpointing (ACP), which is used to prevent 51% attacks. ACP creates a new checkpoint every 5 blocks, protecting the history of the Feathercoin blockchain. | PLATINCOIN is a Proof-of-Stake coin that is minted instead of mined. Users participate in managing the network by renting hardware space from the project organizers for a period of 36 months. These computing resources will drive the PoS consensus, and the users that rent the hardware will be rewarded with newly minted PLC coins. |