Primecoin vs PLATINCOIN vs Nano
What problem does this service solve?
Primecoin uses prime number generation to improve Bitcoin's PoW protocol. | PLATINCOIN creates a Proof-of-Stake consensus mechanism with a long term commitment from network participants to contribute to managing the network. | Nano has a unique blockchain structure that enables almost instant transactions with no fees. |
Token Stats
Company Description
Primecoin is a cryptocurrency based on finding prime numbers. Identifying prime numbers plays a central role in cryptography. Primecoin's unique Proof-of-Work (PoW) consensus mechanism is able to increase transaction speeds and improve energy efficiency. | 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. | 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. . |