QChi vs Sphere vs MonaCoin
What problem does this service solve?
Qchi does not appear to solve any problems that are not being addressed by other projects. | Sphere's goal is to create a digital currency with a fair distribution model. | MonaCoin is the first Japanese cryptocurrency. |
Token Stats
Company Description
QChi is an Ethereum-based token with no clear benefits. Their marketing materials do not provide any specific information about their roadmap or what advantages it offers compared to other cryptocurrencies. | Sphere is a smart contract platform and peer-to-peer payment network. The network has a hybrid PoW and PoS consensus mechanism and is powered by the native SPHR token, which can be swapped for an ERC20 token over the Ubiq smart contract platform. | MonaCoin is the first alternative cryptocurrency developed in Japan. It is based on the popular Japanese character, Mona. MonaCoin has a Proof-of-Work (PoW) consensus mechanism and uses a version of the Lyra2RE mining algorithm that was first used by Vertcoin. |