Sphere

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Vertcoin

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BlackCoin

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Sphere

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Vertcoin

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BlackCoin

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What problem does this service solve?

Sphere's goal is to create a digital currency with a fair distribution model.Vertcoin emphasizes decentralization with an ASIC resistant consensus algorithm.BlackCoin does not appear to provide any unique advantages compared to other digital currencies.

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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.

Vertcoin is a cryptocurrency with a strong emphasis on keeping the ecosystem as decentralized as possible. Vertcoin was designed with the goal of being easily mined by all users and to resist the centralizing tendency of specialized mining operations. Vertcoin has a Proof-of-Work (PoW) consensus mechanism that is ASIC resistant, and uses the Lyra2RE mining algorithm.

BlackCoin is a Proof-of-Stake (PoS) cryptocurrency created in 2014. Users are rewarded for staking their coins to secure the network. BlackCoin's staking rewards vary between 1% to 8% per year.

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