Stellar vs PLATINCOIN vs Alibaba Coin
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. | PLATINCOIN creates a Proof-of-Stake consensus mechanism with a long term commitment from network participants to contribute to managing the network. | Alibaba Coin's goal is to use facial recognition technology to make cryptocurrency payment authentication easier. |
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. | 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. | Alibaba Coin is a digital currency that plans to implement blockchain-based facial recognition technology that will allow users to make transactions by showing their faces to a merchant's camera. Alibaba Coin was created by a company in Dubai, and has no relation to the Chinese online retail giant. |