Peercoin

by Peercoin Foundation

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Flash Coin

by Flash Coin

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Decred

by Decred

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Peercoin

by Peercoin Foundation

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Flash Coin

by Flash Coin

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Decred

by Decred

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What problem does this service solve?

Peercoin aims to create a cryptocurrency that is secure, scalable, and distributed fairly.Flash Coin aims to create a decentralized currency that will be fast enough to enable everyday use.Decred is a decentralized currency with a strong emphasis on community participation.

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.
Peercoin’s PoS consensus mechanism is now widely used in the blockchain space, and allows every network participant to be both a miner or an owner. The project is focused on creating a cryptocurrency platform that will be stable, secure, energy efficient, and distributed fairly.

Flash Coin is a cryptocurrency designed to be used for everyday transactions. Flash's blokchain has a delegate-based consensus model that depends on elected delegates to verify transactions. These delegates elect 25 Miners who create new blocks on the blockchain. Each miner is given a specific time where they can mine a block. The Flash Coin algorithm also introduces a concept called Consensus Height, which refers to the moment when more than half of elected miners have created a block on top of another block in the chain.

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.
Decred has a hybrid Proof-of-Activity (PAC) consensus algorithm that combines the mining of Proof-of-Work (PoW) with the stake verifying model of Proof-of-Stake (PoS). It's designed to incentivize the community to participate and to reward both miners and stake verifiers. When DCR is mined, PoW miners receives 60% of the coins, PoS voters receive 30%, and 10% goes towards the development of the Decred platform.

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