What problem does this service solve?

PRIZM is a Russian cryptocurrency project that uses a variation of PoS to drive network participation by users.

GCR's goal is to develop a blockchain platform with faster and cheaper transactions.

ILCoin's goal is to create a blockchain with faster transactions that will also enable users to create smart contracts.

Token Stats

Company Description

PRIZM is an open-source cryptocurrency based on the NEXT core. The PRIZM architecture is built in JAVA. It has a Proof-of-Stake (PoS) consensus mechanism that varies slightly from other PoS algorithms. It is designed to be more resistant to attacks against the network. PRIZM has developed the concept of paramining, which helps the network achieve consensus and encourages community participation.

Global Currency Reserve is a Proof-of-Stake (PoS) cryptocurrency built on a native blockchain. Its core infrastructure has similarities to Bitcoin, Peercoin, NovaCoin and BlackCoin. Global Currency Reserve's focus is on providing fast transactions times with minimal fees.

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.

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PRIZM vs Global Currency Reserve vs ILCoin

PRIZM

Global Currency Reserve

ILCoin