PLATINCOIN

by Platin Genesis DMCC.

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Flash Coin

by Flash Coin

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DigiByte

by Digibyte

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PLATINCOIN

by Platin Genesis DMCC.

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Flash Coin

by Flash Coin

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DigiByte

by Digibyte

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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.Flash Coin aims to create a decentralized currency that will be fast enough to enable everyday use.DigiByte is focused on enabling faster and more secure blockchain transactions.

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.

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.

DigiByte is a a blockchain platform that places an emphasis on security and block speed. DigiByte has one of the fastest block speeds of any public blockchain and uses an innovative consensus protocol with 5 mining algorithms. This prevents mining centralization and also minimizes the chances of security breaches. DigiByte transactions are limited in size and scope to increase speed, efficiency, and throughput.
DigiByte hopes that these innovations will provide the ideal blockchain infrastructure for a range of applications within the IoT and AI fields, that require a high degree of security and fast block speeds.

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