What problem does this service solve?

Sphere's goal is to create a digital currency with a fair distribution model.

Nimiq's goal is to provide an easy to use censorship resistant payment network.

eXPerience Chain aims to drive cryptocurrency adoption by changing the way stake rewards are distributed and calculated.

Token Stats

Company Description

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.

Nimiq is a censorship-resistant cryptocurrency that is designed to run in the user's browser. Nimiq's focus is on usability and the browser first approach allows coin holders to participate in their payment network more easily. Nimiq uses a Merkle-based accumulator to store accounts and balances, and has a Non-Interactive Proofs of Proof-of-Work consensus mechanism.

eXPerience Chain is a community focused cryptocurrency with a unique Proof of Stake consensus mechanism. The team behind the project is based in South Korea. Their consensus mechanism is called Age Burnable PoS (ABPoS).

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Sphere vs Nimiq vs eXPerience Chain

Sphere

Nimiq

eXPerience Chain