PLATINCOIN vs ILCoin vs Nano
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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. | ILCoin's goal is to create a blockchain with faster transactions that will also enable users to create smart contracts. | Nano has a unique blockchain structure that enables almost instant transactions with no fees. |
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. | ILCoin is a PoW cryptocurrency. Their goal is to become the first cryptocurrency that uses the SHA-256 encryption algorithm to be able to execute smart contracts. The ILCoin is traded on several exchanges under the symbol ILC. | Nano, formerly known as Railblocks, is a cryptocurrency that is focused on enabling fast transactions with no fees. Nano's innovative blockchain architecture utilizes a block lattice structure that does not need miners to confirm transactions. . |
