Primecoin vs Quantum Resistant Ledger vs Bitcoin
What problem does this service solve?
Primecoin uses prime number generation to improve Bitcoin's PoW protocol. | Quantum Resistant Ledger uses advanced cryptographic methods to create a more secure blockchain for large scale businesses. | Bitcoin is the first digital currency and the first use case of Blokchain technology. The bitcoin blockchain was the first decentralized, immutable, and transparent ledger. |
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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. | Quantum Resistant Ledger is developing an enterprise blockchain platform that is designed to be secure against an attack from quantum computers. The Quantum Resistant Ledger (QRL) implements a more secure type of cryptographic signatures call XMSS. The network has a Proof of Stake consensus mechanism. | Bitcoin is the first digital currency based on blockchain. It solved the double-spending problem and enabled peer-to-peer transactions on a large scale. Bitcoin was designed to work as a trustless digital currency that would function without government oversight or a central bank. |