Qtum vs NEM vs Flash Coin
What problem does this service solve?
Qtum is a smart contracts platform and currency protocol that combines attributes of Bitcoin and Ethereum. | NEM is designed to be a blockchain platform with improved scale and speed. NEM's blockchain is permissioned and private. It has some of the best transaction rates of any private ledger in the industry. | Flash Coin aims to create a decentralized currency that will be fast enough to enable everyday use. |
Token Stats
Company Description
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. | NEM is a cryptocurrency and blockchain platform that allows multiple ledgers on the same blockchain. NEM Smart Assets are used to create mosaics for any asset. Transaction fees are paid with NEM's native currency, XEM. NEM originally began as a community-oriented cryptocurrency that was built from the ground up in the Java programming language. | Flash Coin is a cryptocurrency designed to be used for everyday transactions. Flash's blokchain has a delegate-based consensus model that depends on elected delegates to verify transactions. These delegates elect 25 Miners who create new blocks on the blockchain. Each miner is given a specific time where they can mine a block. The Flash Coin algorithm also introduces a concept called Consensus Height, which refers to the moment when more than half of elected miners have created a block on top of another block in the chain. |