Stellar vs Connect Coin vs BurstCoin
What problem does this service solve?
Stellar is an open-source protocol that uses blockchain technology to enable decentralized, cross-border money transfers with very low fees. | Connect Coin is designed to be used as a payment method for e-commerce . | Burst's unique Tangle-based architecture is designed to improve exchanges of value. |
Token Stats
Company Description
Stellar is a decentralized protocol for sending and receiving money, in any pair of currencies, directly on the internet. Stellar enables users to transfer money on their network directly, without banks, and without fees. It was originally created by Jed McCaleb, the founder of Mt. Gox and co-founder of Ripple. | Connect Coin is an Ethereum based token that was created by a company in Tanzania called Cryptocurrency International. Their focus is on serving as an alternative payment method for e-commerce. They are also developing crypto debit cards called Connect Cards. | BurstCoin is a cryptocurrency with a Proof-of-Capacity (PoC) consensus algorithm. Unlike most other cryptocurrencies, Burst's architecture uses a Tangle (similar to IOTA) instead of relying on a blockchain. It also utilizes ring signatures and other features, in what is called the Dymaxion. The Dymaxion implements layers of tangle-based lightning networks on top of the Burst blockchain. Each of these payment channels is opened in the form of a standalone colored tangle. Burst is also developing atomic cross-chain transactions (ACCT), that will allow for full decentralized trading between two cryptocurrencies. |