What problem does this service solve?

PLATINCOIN creates a Proof-of-Stake consensus mechanism with a long term commitment from network participants to contribute to managing the network.

BlackCoin does not appear to provide any unique advantages compared to other digital currencies.

SIBcoin aims to encourage cryptocurrency adoption in Russia and Eastern Europe.

Token Stats

Company Description

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.

BlackCoin is a Proof-of-Stake (PoS) cryptocurrency created in 2014. Users are rewarded for staking their coins to secure the network. BlackCoin's staking rewards vary between 1% to 8% per year.

SIBCoin is a Proof-of-Work coin that was originally based on the same code as the Dash blockchain. SIBcoin was developed by a team of cryptocurrency enthusiasts in Siberia and it has gained a significant following in Russia.

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PLATINCOIN vs BlackCoin vs SIBCoin

PLATINCOIN

BlackCoin

SIBCoin