Qtum vs Peercoin vs PLATINCOIN
What problem does this service solve?
Qtum is a smart contracts platform and currency protocol that combines attributes of Bitcoin and Ethereum. | Peercoin aims to create a cryptocurrency that is secure, scalable, and distributed fairly. | PLATINCOIN creates a Proof-of-Stake consensus mechanism with a long term commitment from network participants to contribute to managing the network. |
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. | Peercoin is the first Proof-of-Stake (PoS) cryptocurrency. It was created in 2012 and is one of the oldest and most reliable cryptocurrency networks in the crypto sector. The protocol was developed by Sunny King and Scott Nadel, both of whom are anonymous. Sunny King also created Primecoin and VEE. | PLATINCOIN is a Proof-of-Stake coin that is minted instead of mined. Users participate in managing the network by renting hardware space from the project organizers for a period of 36 months. These computing resources will drive the PoS consensus, and the users that rent the hardware will be rewarded with newly minted PLC coins. |