Primecoin vs Qtum vs BlackCoin
What problem does this service solve?
Primecoin uses prime number generation to improve Bitcoin's PoW protocol. | Qtum is a smart contracts platform and currency protocol that combines attributes of Bitcoin and Ethereum. | BlackCoin does not appear to provide any unique advantages compared to other digital currencies. |
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. | Qtum has been described as a hybrid between Ethereum and Bitcoin. Qtum is a smart contracts platform that places a strong focus on value transfers as well as decentralized apps. Qtum enables users to create smart contracts on the platform and conduct cryptocurrency transactions. | 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. |