PLATINCOIN

by Platin Genesis DMCC.

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Paypex

by Paypex

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Ethereum Classic

by Ethereum Classic

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PLATINCOIN

by Platin Genesis DMCC.

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Paypex

by Paypex

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Ethereum Classic

by Ethereum Classic

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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.Not provided by vendorEthereum Classic (ETC) is the original version of the Ethereum protocol that was maintained after the hard fork that took place in 2016. Ethereum Classic also aims to be a general purpose blockchain, but the majority of developers prefer the new fork of Ethereum, and most of ETC's on-chain activity is primarily speculative.

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.

Paypex is an Ethereum-based token and payment network. The token is traded on a limited number of exchanges. The company's marketing materials do not describe the technical advantages of the token, or the benefits that their technology has.

Ethereum Classic is the original protocol of Ethereum. As a result of the massive hack on the Ethereum-based DAO, in which around 14% of all ETH in circulation were stolen, a hard fork was proposed to return the stolen funds to their owners. This caused an ideological split revolving around the question of changing previous transactions in the blockchain. Some Ethereum holders rejected the hard fork, and decided to keep using the original protocol, based on the principle that the blockchain is immutable, and cannot be changed.

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